You could even choose to organize your images in good old folders alternatively, since OneDrive is essentially nothing but a hard drive in the cloud. Since OneDrive search is pretty lackluster, you might feel obligated to create a few manual albums to find pictures from recent trips or events more easily. In a tab at the top of the UI, you can access an album section automatically populated with a few date-based albums, but you can also create your own. It's even possible to hold and drag on top of a photo to select multiple at the same time.
Like Google Photos, you can quickly move to other dates by holding and sliding the scrolling indicator on the right of the screen, and you can pinch to zoom in and out right in the timeline to see more or fewer images at the same time. Timeline navigation is surprisingly solid, though. At least the OneDrive web view lets you see images grouped by place, but you can't access this locations section in the mobile app. Photos and albums can be shared via the standard Windows 10 share icon at top right to any photo-accepting UWP app installed on your PCFlipboard, Mail, Pinterest, Twitter, and so on. For me in Germany, OneDrive's search only lets me find file names, making it useless compared to Google Photos' excellent image recognition that helps surface almost anything you've ever photographed. These are supposed to help with search, but that seems to be specific to some regions only, like the US.
OneDrive apparently also automatically tags images with a few generic denominations like #city, #landscape, #animal, and more.