Pundi X partnership targets rollout of NexGen POS devices to customers across the Middle East for payment of bills, school fees, utilities and more

Pundi X, the leading developer of a blockchain-based point of sales (“POS) allowing consumers to pay for real goods in multiple cryptocurrencies, will make its debut in the Gulf and Middle East following a partnership with the country’s first regional fintech company: ebooc.

Ebooc and Pundi X will work closely on developing digital payment gateway services for governments, financial institutions and major corporates in the Gulf and Middle East as well as broader business lines such as blockchain-based customer loyalty programs and NFC contactless payment options.

The collaboration will bring consumers in Dubai, UAE and the broader Middle East and Gulf region the ability to conduct real time commerce through digital payments using their mobile wallets, eliminating the need for traditional payment methods.

This technology also has the potential to transform value-added tax (VAT) collection for governments in the Gulf and Middle East as blockchain technology allows for instant computation and collection of a recently-introduced VAT in the region. Ebooc forecasts the introduction of instant VAT computation as holding major benefits for merchants and governments alike and bringing substantial efficiencies in reduced manpower devoted to audits, assessments and implementation.

Signing MOU between Pundi X CEO and co-founder Zac Cheah (sitting left) and the CEO of Digital Force and co-founder of ebooc Abdalla Al Shamsi (sitting right) in Jakarta

Standing (L-R) Michael Lawal Business Development Manager at Pundi X, Rudy Danandjaj CEO of Infinite Mobile & President Commissioner of E2Pay, Pundi X President, Constantin Papadimitriou, MD Bchain, and ebooc co-founder Sunil Malhotra

Ebooc and Pundi X will provide several other uses for consumers such as making retail payments; paying for government services, fees and fines; utilities and bills; telecommunication bills and school fees on POS devices running a stable, digital equivalent of traditional fiat currencies in the region.

The two companies will rollout secure and seamless payments to clients and customers via a single NexGen payment portal, offering increase functionality at substantially lower running costs to market leading solutions.

The move brings Pundi X’s world-leading, blockchain-based POS technology, XPASS card and e-wallet to the Gulf, Middle East and North Africa region for the first time with ebooc as the official partner under the terms of the strategic partnership agreement as executed.

Following meetings in Dubai and Jakarta, a Memorandum of Understanding was signed between Pundi X CEO and co-founder Zac Cheah and the CEO of Digital Force and co-founder of ebooc Abdulla Al Shamsi, to commit to the deployment of a soon-to-be-announced number of Pundi X devices across the Middle East.

Abdalla Al Shamsi said: “We envisage consumers in the UAE being granted the ability to make retail payments for school fees, utilities and other necessities from a world-leading blockchain-based POS device provided by Pundi X”.

Cheah said: “We are delighted by this partnership in a nation-state that has long been considered a by-word for modernity and innovation.

“This latest project confirms that Dubai is yet again a source of global leadership, this time in the emerging field of blockchain-based payments technology, with the potential to forever change the way consumers make secure, digital payments.”

Sunil Malhotra, the Managing Director Bchain and co-founder of ebooc said: “An ebooc – Pundi X partnership will deliver a differentiated customer experience through innovative features, seamless integration, loyalty solutions, enhanced security and greater convenience to Governments, businesses and consumers in Dubai, UAE and the region to make financial transactions on the NexGen platform in a smart way, bringing together various service providers under one platform.

“There is no better way to announce Pundi X’s arrival in the Middle East and North Africa than with a partnership with ebooc in Dubai – the region’s technology hub”.

ebooc, from the Arabic word for e-wallet, is the first Emirati fintech company to establish a presence across the broader region. It aims to provide a secure and seamless payment experience to clients and customers which runs on NexGen technology as a decentralized, distributed ledger which creates trust, improving efficiency levels. Its solution for retail outlets can be channeled to the governmental organizations, creating a high level of trust and transparency.

Pundi X (Currency: NPXS), a multi-cryptocurrency point-of-sale (“POS”) solution provider, empowers blockchain developers, exchange platforms, crypto traders and token holders to buy, sell, and spend cryptocurrency at any physical store in the world. The company’s solution also enables the retail store owners who are seeking to accept digital currencies so that they can do ‘cryptocurrency to fiat’ or ‘crypto to crypto’ transactions for the mainstream consumers.

The company is aiming to roll out more than 100,000 blockchain-based POS devices worldwide in a major challenge to the status quo of the US$ 2.2-trillion global retail payments market.

Headquartered in Jakarta, Pundi X has offices in London, São Paulo, Shenzhen, Singapore, Seoul, and Tokyo.

Yes! you read the headline right – Blockchain and Nuts made the perfect blockchain experiment 

Despite the blockchain market is still young and vulnerable, the distributed ledger technologies have already penetrated different industries to prove they are here to stay.

The most recent example is the successful blockchain collaboration between the Australian Commonwealth Bank and five local and international logistics companies to ship and track seventeen tonnes of almonds from Sunraysia in Victoria, Australia, to Hamburg in Germany.

A team of high-qualified experts from the Commonwealth Bank’s Innovation Lab, trade specialists, and IT professionals came together to start the so-called Trade-chain experiment two years ago. The idea was to showcase how an innovative blockchain platform backed by distributed ledger technology and the internet of things (IoT) can facilitate the trade experiment by tracking the shipment from its home country to the final destination simultaneously to existing processes. How did it work?

Firstly, the blockchain platform digitized all the main aspects of international trade – operations, documentation, and finance. It stored all the container details, including the task list and the shipping documents on a tailor-made, private Ethereum blockchain. Any authorized partner in the process was able to monitor the location of the shipment. Furthermore, it was possible to double-check the conditions inside the container, such as humidity and temperature via four IoT devices. In addition to that, the blockchain technology allowed dedicated team members to upload various documents required by the customs – a bill of lading or proof of origin, for instance.

The main aim of the project was to explore the diverse opportunities blockchain technologies and IoT offer to improve the shipping industry and to meet its increasing demands for the future, and to increase the transparency between all parties involved. Chris Scougall, Managing Director of Industrials and Logistics in Client Coverage at the Commonwealth Bank commented:

‘’ We believe that blockchain can help our partners reduce the burden of administration on their businesses and enable them to deliver best-in-class services to their customers.”

It is worth mentioning that this is not the first blockchain-enabled global transaction for the Commonwealth Bank. In 2016, it teamed up with the US bank Wells Fargo to lead the first international trade transactions between two independent banks worldwide. They used a combination of emerging technologies, including blockchain, smart contracts, and IoT to deliver cotton from Texas, the USA to Qingdao, China.

LocalCoinSwap (LCS) has released official figures from their recent ICO, with $12,151,457 USD raised and 47,732,420 LCS sold and distributed. The token burn count was 27,267,580.  In addition, they have announced that they successfully implemented the following new currencies on the exchange: ETH – BTC – LTC – DASH – BCH – ETC – Monero – Ripple – EOS – Tronix – Tether – VeChain – Binance – PowerLedger – Decision Token – Golem – Walton – Skrumble – Havven – Nomin.  This means the exchange will now open with a minimum of twenty currencies as opposed to the ten we originally promised. There are also 8,000+ users registered to get into the exchange which will be launched in August 2018.

Chief Operating Officer Daniel Worsley said,

“We are working towards the launch of our exchange platform which will be peer-to-peer, inclusive and accessible, to any trader in any location.  We will be offering trading out of fiat in every currency, as well as rewarding the community with dividends, so we are confident that our offering is unique in the marketplace.

LocalCoinSwap are also finalising new partnerships to strengthen their offering ahead of the exchange launch.

“We are working on new strategic collaborations continually”, Chief Marketing Officer Val Nantelov said, “including negotiating an exciting partnership with World Economic Forum Technology Pioneer Horizon State – their application truly aligns with our mission to be the most democratically-run, user-controlled exchange platform out there, by enabling decentralized decision-making which empowers every participant. We’ll be sharing new updates about this evolving collaboration very soon.

“All our partnerships are aimed at improving the robustness and effectiveness of the exchange for our users, who are also the shareholders”, he continues, “much like the decision to collaborate with Havven, and use their stablecoin (NOMIN) as a price risk management tool to optimize the value of the LCS token and community venture fund. We want to ensure a completely safe, scalable and powerful platform is created, that meets everybody’s trading needs.

The LocalCoinSwap platform is designed to enrich the entire community and is the only marketplace that distributes 100% of its profits back to its community, and allows the community to vote democratically in its operation.  It is a community-focused and community-owned marketplace. LocalCoinSwap is also the most financially transparent exchange on the market, with regular public announcements detailing exact revenue and expenses, all wages and all forms of income.  All contract code used by LocalCoinSwap is open source and publicly viewable on our GitHub.

Further information is available at www.localcoinswap.com or for images and comment, please contact: Nathan Worsley, CTO  nathan@localcoinswap.com

 

“Less than two weeks after the industry kicked back against statements made by Congressman Brad Sherman, Iran’s government is angling to prove him right. He’s wrong, of course. It is utterly ridiculous to paint an entire industry with the broad brush of crime and corruption. But, undeniably, the industry needs to work harder to prevent the malfeasance of bad actors,” said Richard Gardner, CEO of Modulus Global.

“Fraud is bad — really bad. But what’s brewing in Iran will make industry enthusiasts yearn for the scandals of Turcoin. Fortune, yesterday, reported that Iran is moving ahead with a national cryptocurrency. Let’s be clear: Iran is no friend of crypto. After considering the use of Bitcoin last year, the country’s central bank torpedoed the idea, as well as the general concept of digital currency. Then, in an even more extreme move, they began clamping down on financial institutions involved in crypto. It is said that the action was taken to stop capital flight. Iran’s policy, clearly, was driven by national interest and worry over the strength of its fiat currency — not technology. And, now, as the country begins to signal its openness to cryptocurrency, it is driven by fear of sanctions. If Iran does, indeed, move forward with a national cryptocurrency, the whole industry should find itself uncomfortable with the arrangement,” continued Gardner.

Shortly after the firing of the former governor of Iran’s central bank, Alireza Daliri, who hails from the technological directorate of the Iranian Presidential Office, has been quoted as saying, “We are trying to prepare the grounds to use a domestic digital currency in the country. This currency would facilitate the transfer of money (to and from) anywhere in the world. Besides, it can help us at the time of sanctions.”

“Since 1984, Iran has been considered a state sponsor of terrorism. If and when the country launches its own cryptocurrency, it will, undoubtedly, be used to that end. Brad Sherman has made a lot of outrageous claims about cryptocurrency, but if the community does not wholly condemn this terrible, and likely tragic, misuse of the powerful technology within our industry, the industry will, in the court of public opinion, become complicit in the misdeeds of a nation which is an enemy to the libertarian ideas from which the crypto revolution was born. In closing, I would call on the rest of the crypto industry to denounce the actions of the Iranian government as contrary to the spirit of our industry. This is one moral test which we cannot fail,” concluded Gardner.

The Neluns team recently announced it’s ICO, which will be held in three stages (rounds): Pre-Sale, Pre-ICO, ICO. The mission of Neluns is to create an innovative financial ecosystem combining within itself a bank that works with fiat as well as cryptocurrencies, a cryptocurrency exchange, and insurance company, thus, creating the most beneficial conditions for the quality development of the cryptocurrency market.

Main project features

The Neluns ecosystem includes:

• Neluns Bank – new generation bank, providing all key banking services with fiat and cryptocurrencies.
• Neluns Exchange – an innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations accessible.
• Neluns Insurance – an insurance company, allows for any transaction_ and trade_ carried out by ecosystem users to be secured.

Within the Neluns ecosystem users can:

• Buy and sell cryptocurrencies in a few clicks.
• Carry out active cryptocurrency trading on the exchange.
• Make deposits and withdrawals into the system from any part of the world in just a few clicks.
• Open an IBAN account – private or corporate multicurrency accounts.
• Issue debit and credit Visa, MasterCard, American Express cards.
• Instantly send and receive international money transfers.
• Store funds in Neluns deposits in fiat or cryptocurrencies and gain interest.
• Receive loans from Neluns in fiat and cryptocurrencies.
• Gain profits by lending out funds at interest on a Peer-to-peer (P2P) Lending Platform.
• Insure any trades.
• Draw profits from trading NLS tokens on cryptocurrency exchanges.
• Receive dividends.
• Active market participants will be able to increase their profits and lower risk levels.

Neluns bank presents a broad spectrum of services for personal and corporate goals. While at the same time, all operations are conducted in fiat and in cryptocurrencies.

After opening a multicurrency account, Neluns users will be able to carry out operations in USD, EUR, GBR, as well as in cryptocurrencies. A bank card will accompany the multicurrency account.

We have developed four types of software products and bank cards for our users: Lite, Silver, Gold, Platinum.

Carrying out payments, purchasing and selling cryptocurrencies, and fund withdrawals from any ATM in the world will be available 24 hours a day 7 days a week.

In the Neluns Bank, users will be able to receive loans in fiat and cryptocurrencies, make interest yielding deposits. Bank deposits are FDIC (The Federal Deposit Insurance Corporation) insured. A P2P fiat and cryptocurrency lending platform will function at the base of Neluns Bank. Authorized users will be able to receive and provide loans to other users.

The use of the “Bank guarantee” principles allows us to create a new, high-quality cryptocurrency exchange, the Neluns Exchange. The combination of this principle with the use of innovative technologies, which allow easy fund withdrawals, high levels of protection from cyber attacks, and continual operations even under peak loads, creates the best conditions for cryptocurrency traders and funds.

Neluns mobile application for iOS and Android devices will make bank and exchange operations accessible at any time from any part of the world. While around the clock support services will instantly solve all users’ issues.

The Neluns team aims to minimize risks and carry out the project in accordance with all legal norms. We are working on acquiring a bank license. The Neluns Bank will adhere to all financial regulatory requirements, which licensing and supervisory activities over banks. The Neluns exchange and insurance company will also be registered in accordance with all regulatory requirements. The Neluns Exchange will carry CFTC (U.S Commodity Futures Trading Commission) and SEC (U.S Securities and Exchange Commission) licenses.

About the Initial Coin Offering

The NLS token is created in accordance with the ERC-20 standard, it is a security token, and will provide its holders with 50% dividends based on the Neluns ecosystem (Neluns Bank, Neluns Exchange, Neluns Insurance) profits.

Dividends will be distributed quarterly in accordance with the number of tokens one holds compared to the total.

Aside from this NLS token holders will have access to bonuses and privileges when using Neluns ecosystem products. The more tokens one holds, the greater are his privileges.

• During the ICO, 200 000 000 NLS tokens will be released
• Base price of 1 NLS token = 1 USD

In accordance with the law, in 15 days from the start of the first stage (round) of ICO, the Neluns team will send an official notification (Form D) announcing the start of the ICO to the SEC (U.S Securities and Exchange Commission).

ICO stages (rounds)

Pre-Sale

Hard Cap – $2.000.000

Soft Cap – $500.000

1 stage (round), pre-sale, stage (round) length 14 days, from 08-01-2018 to 08-15-2018.

bonus 30%

extra-bonus 40% investment of more than 1 ETH in one transaction

extra-bonus 50% investment of more than 10 ETH in one transaction

Pre-ICO

Hard Cap – $10.000.000

Soft Cap – $2.000.000

2 stage (round), pre-ICO, stage (round) length 21 days, from 08-15-2018 to 09-05-2018.

bonus 20%

extra-bonus 30% investment of more than 1 ETH in one transaction 

extra-bonus 35% investment of more than 10 ETH in one transaction

ICO

Hard Cap – $112.000.000

Soft Cap – $10.000.000

3 stage (round), ICO, stage (round) length 31 days, from 09-05-2018 to 10-05-2018

bonus 10%

extra-bonus 20% investment of more than 1 ETH in one transaction

extra-bonus 25% investment of more than 10 ETH in one transaction

Projects Website: https://neluns.io/

White Paper: https://neluns.io/static/ver165/whitepaper/whitepaper.pdf

E-mail: support@neluns.io

A new blockchain based content platform, Decentralized Accessible Content Chain, has listed their native and transaction currency DACC to the leading cryptocurrency exchange platform, KuCoin.

Deposits are now available utilizing KuCoin’s official apps on Android and iOS or direct to their website, www.kucoin.com. Buying will start at 19:30 pm UTC+8 while selling/withdrawal at 20:00 pm UTC+8.

About Decentralized Accessible Content Chain (DACC)

DACC is the world first decentralized IAM (identity and access management) based content blockchain with exceptional blockchain infrastructure and complete developer tools and templates to build any content related to DAPP. DACC is devoted to solving the concerns of unclear and abuse of content and user data rights in the digital media business.

The project’s core team members recognized as from famous institutions such as MIT, Harvard, CMU, Tsinghua with substantial experience in blockchain and software. DACC has also garnered an impressive list of early investors and partners such as TRON, Consensus Capital, D Fund, Crypto Capital, Block VC, Kim’s Capital and more.

DACC (“DAC”) has a top-notch international blockchain core community, 128 world-class advisors, and investors with backgrounds in the blockchain, investments, technology, and law. DACC’s foundation partner, Sky, is the co-founder of the 3 AM community and 499 Community. DACC not only has China’s largest community support but also has hundreds of thousands of foreign community supporters.

About KuCoin Cryptocurrency Exchange

KuCoin is a cryptocurrency exchange begun on September 15, 2017. The platform uses KuCoin Shares (KCS) in a related way to Binance. Users acquire a discount on trading charges when they use KuCoin tokens.

Overall, KuCoin intends to be a more user-friendly exchange than traditional exchanges available at present. The platform shares 90% of transaction fees with users, for example. They also offer 24/7 customer service and generous referral bonuses.

KuCoin has also been recognized for posting coin pairs before they operated other major cryptocurrency exchanges. The website highlights a list of coins scheduled to be added on their platform.

ProtonCoin rumours are “unsubstantiated” says firm

Over the last few days rumours have been circulating across social media and various crypto publications suggesting ProtonMail are exploring the idea of Initial Coin Offerings to raise funds for their project ProtonCoin.

These are unsubstantiated rumours. Please read our official statement here: https://t.co/SneOHasCFo

— ProtonMail (@ProtonMail) July 25, 2018

These rumours were based on the firm registering the domain name ProtonCoin.com back in 2017 and more recently the launch of the website last month.

The website ProtonCoin.com says it wants to fulfill several goals, some of which include enabling the public to participate in the growth of ProtonMail, increase privacy and security and decentralise the organisation.

ProtonMail surprisingly quashed the rumours via a Reddit post on the official Subreddit saying they were “unsubstantiated” and “have made no announcements on this topic”. They also went on to also confirm that the domain ProtonCoin.com was owned by them.

https://www.reddit.com/r/ProtonMail/comments/91fxi8/regarding_protoncoin_rumors/

The post further explains that ProtonMail has registered multiple domains to protect their trademark and it should not be taken literally or suggest that they are signalling an immediate ICO launch.

Despite this clarification the Reddit post still leaves many questions unanswered. On one hand you have a ProtonMail owned website that is explaining the benefits of implementing blockchain technology whilst on the other an official statement that downplays this message.

It gets even more confusing reading the questions and responses on the Reddit post, as it has been uncovered that ProtonMail recently posted that they have sought advice from the Swiss government on tokenising the company stock, specifically on the blockchain (also known as equity crowdfunding) not a traditional ICO.

Despite dabbling in the benefits of blockchain technology and funding avenues it seems nothing is certain at the moment and ProtonMail are not ready to go public with their blockchain related endeavours, if any.

 

Encrypted email service @ProtonMail confirms it is ‘considering’ an ICO ‘within the year’https://t.co/sAJ9kEY6yg

— Cointelegraph (@Cointelegraph) July 23, 2018

Kyle Asman, co-founder of Bx3, a business advisory firm for the blockchain and cryptocurrency space, has been chosen to be a VIP Advisor for TokenMatch, a program designed to introduce promising new Initial Coin Offering (ICO) projects  to investors.

In this role, Asman is responsible for reaching out to ICOs on joining TokenMatch events, and for providing these projects with the services they need to start a viable business, including with regards to tax, legal, finance, compliance, and marketing.

Asman has extensive experience helping clients raise capital in the finance, banking, and regulatory consulting segments and most recently, has developed complex international tax structures in the tax advisory space. He has held investment banking, regulatory consulting, and transfer pricing roles at Liquidity Energy, Duff and Phelps, and Ryan LLC, a global tax firm. He is also a Venture Capital investor in multiple startups.

At TokenMatch, an elite group of ICO teams present to small groups of investors that have the capacity and mandate to deploy capital. Investors come by invitation only and ICO teams are preselected through a rigorous process. For those who want to allocate capital, their job is to find investable, credible projects related to blockchain and cryptocurrency. Investors review 21 separate projects, and listen to a new pitch every 20 minutes. Set in a boardroom, the small size is the ideal setting to interact, provide and receive feedback, negotiate, and close deals in one day.

“TokenMatch has devised an innovative model by creating an intimate environment between those who want to seek capital and those who want to allocate it,” says Asman. “This as a much more efficient way to vet projects since it eliminates a lot of unnecessary travel and time since investors don’t have to schedule three days over numerous cities to see some of the best programs in the industry.”

The program also serves as an ideal networking event for blockchain startups, as it allows ICOs to learn about each other and form partnerships. To date, TokenMatch events have been held in New York, Hong Kong, and London.

In a similar role, Asman was chosen earlier this year to be an advisor for Daox, an ecosystem for ICOs, where he provides weekly guidance on the ICO process in general.

The highly anticipated OSA Token Sale has finally begun!

OSA DC continues to unite consumers into a single powerful community, giving them power over the manufacturers and retailers of consumer goods, so that consumers can determine what products they really want, when, where, and at what prices. OSA DC is continuing to receive international media attention and receive high ratings.

After a long wait and a private pre-sale, the OSA Token sale finally begun and it will last until the 21st of August or until tokens are sold out. We started the sale with more than 15 795 registrations from 141 countries and new ones have kept on coming ever since. A soft cap was reached and we are proud to announce that $12.81 million was raised. OSA DC innovations have attracted attention from top Asian, world blockchain, and AI leaders. Our sales team participated at more than 57 huge events, representing OSA DC among industry leaders, contributors, and leading media!

More than 80,000 participants joined the OSA community and now the time has come! Together we will each contribute to the platform, giving us the necessary tools for our own data usage, in order to lower prices, encourage retailers to provide better product quality, better delivery, better service, and ultimately, a better shopping experience!

You can find more information on how the sale is going and sign up to buy OSA tokens on the official website.

What has OSA Token achieved so far?

We understand that people cannot put their faith in a new cryptocurrency if there is no solid proof of a strong company behind the token which will push it to the top.

The OSA DC platform provides consumers with transparent product information and online assistant services. OSA DC’s AI-powered ecosystem gives manufacturers and retailers the chance to collaborate effectively and optimize their business strategies.

Our goal is to use the capital raised in the token sale to support and develop the existing solution with image recognition models and a comprehensive product master data catalogue. We will implement it on our AI-powered, decentralized blockchain platform and scale it accordingly, beginning with the largest markets: The United States, China, Japan, and South Korea, and eventually, worldwide.

Consumers will be able to use OSA tokens to pay for B2C services, receive exclusive promotional offers and, of course, purchase groceries at major supermarket chains in Europe, North America, and the Asia-Pacific region. Managers at partnering supermarkets agree with OSA’s founding team of data scientists that cryptocurrencies, including OSA tokens, will be a standard, widely-accepted form of payment at grocery stores and other retailers worldwide.

Existing Business

The platform has developed services that have already helped more than 20 European retailers and manufacturers, including eliminating product waste to drive revenue. It has already been implemented with some of the biggest retailers and manufacturers to eliminate product waste that accounts for over $800 billion in lost sales and discarded goods each year.

Since the company’s founding in 2015, OSA DC has generated more than $1 million in revenue by partnering with 20 retailers. The company provides services to major international brands including Coca-Cola, Mars, L’Oreal, Nestle, and Metro Cash & Carry.

Now we are seeking to disrupt the $25 trillion global Retail industry.

Establishing the world’s first decentralized, AI-driven data marketplace, OSA DC will provide business-to-business and business-to-consumer solutions for Retail.

New Partnerships

TaaS partners with OSA DC to support the company in building its global smart consumer platform.

OSA DC is creating significant developments for the Retail industry with a global data marketplace and practical, real-time solutions for retailers, manufacturers and consumers. This is certainly worth the support of TaaS, who focuses on supporting blockchain projects that disrupt global industries.

This long-term partnership will bring value to the decentralized and Retail industries alike, as both organizations work to enrich OSA DC’s solutions for the benefit of the international community.

Dalongpay – Fiat Payments are Accepted by OSA DC During Token Pre-Sale and Sale

OSA DC has established a partnership with DalongPay, a payment platform bridging the gap between crypto and traditional currencies. Approximately 15%-20% of current ICOs use fiat for contributions. The service will be greatly beneficial to the OSA DC community, as they can now easily purchase OSA tokens with fiat currencies using the platform.

It’s the first step OSA token sale participants can take towards becoming smart consumers on the OSA DC platform. They will enjoy easy access to liquidity and a reliable way to participate in the ecosystem, even without prior cryptocurrency experience.

Benrui Capital

Benui Capital is jointly established by blockchain industry technical experts, professional investors, VC/PE practitioners, etc., focusing on technology-driven investment banking services in the blockchain field. At present, there are more than 10 investment and service blockchain projects. There are branches or strategic partners in Singapore, Japan, and Silicon Valley. OSA DC is partnering with Benrui Capital for better technology development.

Magnit

The non-profit retail industry cooperative Efficient Consumer Response Europe (ECR), Russian retail giant Magnit, and some of the world’s leading retail manufacturers have partnered with OSA Hybrid Platform. The project will be installed in 100 retail outlets in Moscow, and the system’s alert signals will be processed by each store’s own employees. It will allow its users to detect the absence of on-shelf goods in-real time, and they can transmit this information to merchandisers in stores to correct these situations. If the test results are satisfactory, Magnit will implement the technology throughout the territory of Moscow and the Moscow region for its grocery stories, family stores, and hypermarkets.

Advisors

We are proud of our advisor team!

Mikhail Myagkov, PhD Game Theory and Data Science Advisory Board Lead

Paolo Tasca, Blockchain Advisor for EU Parliament and the UN

Gary Fowler, US Business Development Advisor

Don Swann, Vice President of Walmart, 50 years at Walmart, Retail Industry Advisor 

MVP

We have a working B2B product in the OSA Hybrid Platform. The platform has proved its efficiency and has been successful in delivering services to over 20 retailers and manufacturers.

Watch the demo of user cabinets here:

Office Interface

In-Store Interface

Consumers will be able to use OSA tokens only within OSA platform in a variety of ways:

– Pay for B2C services

– Receive exclusive promotional offers

– Purchase groceries

30 days after the token sale ends, OSA Tokens will be distributed to contributors.

JOIN NOW!  Become a participant of this revolutionary change in the consumption industry.

Join a truly innovative and powerful consumer community!

Learn more more about OSA in our new video

For those outside the FinTech sector, blockchain is known simply as the thing that makes Bitcoin happen, if they know about it at all. Blockchain is indeed the technology that powers cryptocurrencies like Bitcoin, but they’re not the same thing, and that distinction is important to recognize.

Blockchain has far more to offer than just securing cryptos; distributed ledger technology (DLT) can actually provide the foundation for any number of applications. Blockchain enables end-to-end data encryption for the highest level of security and can streamline processes by eliminating the need for third party verification of transaction. Any industry can benefit from these capabilities.

Additionally, Bitcoin and other cryptos are still in the bubble stage; value has been volatile, the market has been flooded with new ICOs in the last couple of years and most financial experts are wary of the concept.

For instance, billionaire investor Warren Buffet recently stated that Bitcoin offered no intrinsic value and that buyers were “speculating” rather than investing. Jamie Dimon, CEO of J.P. Morgan Chase, has also expressed his doubts about Bitcoin.

However, Buffet’s BSNF railroad company joined the Blockchain in Transport Alliance (BiTA,) a group comprising over 200 freight and logistics organizations interested in incorporating blockchain across their industry. Dimon has emphasized that despite his opinion of Bitcoin, he does believe that “the blockchain is real,” and in October, J.P. Morgan Chase launched a blockchain-based system designed to reduce transaction times.

Buffet and Dimon’s fellow titans of industry are all recognizing the benefits of blockchain outside of cryptos, which is important when bringing it to the mainstream.
A recent IBM study found that one-third of C-Level executives are using or considering blockchain technology in their organizations. Global spending on blockchain technology is predicted to reach $2.1 billion this year alone, according to IDC.

Healthcare, real estate, government, arts, energy, cloud computing, ridesharing—you name the industry and you can bet it’s experimenting with blockchain. Faster processing, better data security—what company wouldn’t want those gains?

While some are working on developing their own proprietary blockchain offerings, many of the major tech companies and VC firms are backing the concept of shepherding other companies through the process of adopting blockchain. Companies like Amazon and IBM are partnering with blockchain-as-a-service (BaaS) providers to create white label solutions that handle the heavy lifting of implementation for their customers. With the buy-in and sometimes backing of the tech giants, BaaS companies like DragonChain and Kaleido are perfecting blockchain models and creating interchain capabilities to get more and more companies on board.

Blockchain has already proven itself as useful apart from cryptocurrency. In fact, in the very near future, look for more pure play blockchain offerings aimed at issues beyond payments and coins. In fact, with over 1500 coins on the market, most emerging ICOs are going to be less valuable currency and more a means of funding. Investors should do their due diligence on this in particular, lest they prove Mr. Buffet’s “speculation” comment true.

Ultimately, the growth arc of blockchain will bend toward building this best in class standard of security and trust directly into systems by using blockchain, rather than relying solely on methods like marketing and customer service to build trust with customers. End-to-end encryption, decentralization and consensus—these things will become the default in the post-blockchain era. Even when/if the crypto bubble bursts, blockchain will not only stand on its own, but define the next generation of data management.

By David Metzler CEO, WaterChain