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Yes we are creating a ton of data everyday, but there also is | Ontology Official Announcement

Yes we are creating a ton of data everyday, but there also is a ton of data stored in servers from decades ago that are scattered and difficult to verify. This is an increasingly growing problem for governments. Using #ONTID, you'd be able to move that data to our blockchain and ensure transparency and simplicity during audits or if you need to dig it up again!

https://www.pymnts.com/aml/2021/shifting-crypto-regulations-spotlight-need-for-id-verification