VALLETTA, Malta, July 17, 2020 — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, announced that the launch of its 15th token sale project, on OKEx Jumpstart, will be on July 29. Based on blockchain technology, ATTN is committed to creating a closed-loop…
Klaytn Implements Fee Delegation Policy for Blockchain Services
In celebration of first anniversary of its mainnet launch, Klaytn waives transaction fees for all of its partners operating blockchain applications on Klaytn Klaytn will extend the policy for any interested developers and service providers seeking to build or run applications on the Klaytn blockchain Fee delegation…
OKEx Launches Latin American Fiat Gateway With Settle Network
VALLETTA, Malta, July 3, 2020 — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has reached a strategic partnership with Settle Network, a global fiat-crypto solution provider. Through the latter’s product, Latamex, OKEx users can now buy Bitcoin (BTC) and ether (ETH)…
Carry Begins Offline Data Collection Campaign with South Korea’s largest SMB loyalty point platform
SEOUL, South Korea, June 29, 2020 — On June 29th, South Korea’s Blockchain Project Carry Protocol announced that it started data collection from the offline market targeting roughly half of the South Korean population (23M users) with South Korea’s largest SMB loyalty platform, Dodo Point. The data collection feature…
VeChain Powers DNV GL’s My Care: A Hospital-grade Infection Risk Management Solution
SHANGHAI, June 27, 2020 — With the COVID-19 pandemic threatening individuals and businesses worldwide, infection risk management has been a tough challenge. To help companies better handle this problem, DNV GL, one of the world’s largest assurance companies with over 15,000 professionals globally…
The Fourth World Intelligence Congress Kicked Off Online in Tianjin
TIANJIN, China, June 26, 2020 — On the afternoon of June 23, the Fourth World Intelligence Congress kicked off in Media Theater, Tianjin. Wan Gang, Vice Chairman of CPPCC and Chairman of China Association for Science and Technology (CAST), attended the online opening ceremony….
Global Airlines Leverage AI, Machine Learning and Blockchain to Save Costs and Generate New Revenues, Says Frost & Sullivan
Airlines and IT suppliers are investing in distribution, loyalty programs, and supply chain management SANTA CLARA, California, June 22, 2020 — Frost & Sullivan’s recent study, Analysis of the Global Airline IT Market, Forecast to 2025, finds that the increasing expectations of passengers are compelling airlines to embrace digital enablers…
Algorand Selected For Official Chess Ratings As FIDE Online Arena Launches First Ever Digital Games
World Chess leverages Algorand to remove friction in new era of decentralized and transparent gaming; expands access to players globally BOSTON, June 18, 2020 — Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced official ratings and titles data from World Chess players will be recorded on Algorand’s…
DSP Labs of Onchain Launches A New Generation of Distributed Storage Protocol
BEIJING, June 18, 2020 — DSP Labs (dsplabs.io), a subsidiary of Onchain, announced the launch of a distributed storage protocol DSP (Distributed Storage Protocol) plan. It is reported that the DSP (Distributed Storage Protocol) protocol is a multi-dimensional new generation Internet protocol paradigm based on data file encryption, distribution, storage, sharing….
OMC Group Ready to Roll with Blockchain Solutions
|
PETALING JAYA, Malaysia, June 18, 2020 /PRNewswire/ — OMC Group Sdn Bhd ("OMC Group" or "Company"), the blockchain arm of AIO Synergy Holdings Berhad ("AIO Synergy"), is set to offer more blockchain solutions to businesses, government and the community to help them operate in a world that is increasingly going digital.
OMC Group offers solutions through the Company’s own patented decentralised ledger technology ("DLT") known as Authorised Proof of Capacity ("APoC"), which is the consensus mechanism used to run the OMChain for trust and verification purposes.
Jack Lee, CEO of OMC Group
Jack Lee, CEO of the company said: "We are in the midst of witnessing how technology has evolved and how businesses are conducted differently from the way it was. The move to doing business digitally paves the way for the business we are in as blockchain strongly encourages transparency and immutability."
"We are offering our blockchain solutions to serve merchants, which includes a decentralised ledger that is secure, trustworthy and transparent together with a community and ecosystem that we support through our hybrid Point of Sales ("POS") devices that includes a mining feature rewarding users with points that can be used for transactions".
The second version of OMC Group’s hybrid POS device together with hot wallet was launched in Malaysia in the second quarter of 2020 ("Q2 2020") following sales of the devices in China in Q3 2019. The devices are now available in 11 countries in East and Southeast Asia. In total, over 29,000 POS devices have been sold together with the hot wallet.
In the pipeline is the launch of the Asia Blockchain Centre in Q3 2020, a hub supporting blockchain startups through education, providing solutions for businesses, government and the community as well as offering solutions on the applications of blockchain technology. A debit card will be launched in Q4 2020 while a series of awareness campaigns on blockchain will be held.
The OMC ecosystem comprises OmniChat, a text/video/picture messaging platform that has 20 million users worldwide; Omnipay, a peer-to-peer payment network with third-party payment license in China as well as more than 10,000 merchants on-boarded and; Omnity, a smart community management application that can securely store customer information and collect management fees with more than 48,000 daily active users.
The Company’s long-term plans include obtaining a license in Malaysia to operate financial services in 2021 including cross-border payment services and offering its own patented DLT technology, APoC.
Media Contact:
Stefani Wan
[email protected]
Photo – https://photos.prnasia.com/prnh/20200618/2834771-1?lang=0
Logo – https://photos.prnasia.com/prnh/20200618/2834771-1LOGO?lang=0
Related Links :
https://omc-group.co/