Highlights:
- To build its blockchain applications, OCB LIFE PTE LTD is aiming to develop Smart Contract 2.0 and BchainLife Hybrid Blockchain 3.0 platform.
- Blockchain engineers are focusing on the expansion of open-source, decentralized finance (DeFi) applications, and other decentralized applications (DApp).
- OCB LIFE arranged a two-month virtual course on “Blockchain: Technologies and Applications for Business,” to understand the importance of blockchain technology.
- The company is preparing to be a Gold Sponsor for the upcoming Singapore Fintech Festival 2020.
OCB LIFE is known to develop various innovative blockchain applications across numerous industries. OCB LIFE is planning to set up a regionalized, peer-to-peer exchange for financial products in the coming years. It is also planning to establish regionalized investment tools in Malta or Switzerland that are documented on blockchain representing investments in conventional assets, including real estate investment trusts, stocks, funds, and bonds.
In the coming year, OCB LIFE will migrate to its trademarked BchainLife Hybrid Blockchain 3.0 and Smart Contract 2.0 platform. To re-create traditional financial instruments in decentralized architecture, the blockchain engineers are researching on the expansion of open-source, decentralized finance (DeFi) applications, and other decentralized applications (DApp).
In its plan for 2020–2024, OCB LIFE has appointed every business group in the region to take the lead and assigned accountability:
- OCB LIFE Vietnam – management of e-commerce trades as well as the execution and planning of public and media relations.
- OCB LIFE Singapore – advancement of Smart Contract 2.0 platform and BchainLife Hybrid Blockchain 3.0.
- OCB LIFE Thailand – expansion of DeFi and DApp for decentralized electronic disbursement and planning of an investment fund.
- OCB LIFE USA – expansion of a decentralized Exchange.
A major aim behind the development of Smart Contract 2.0 and BchainLife Hybrid Blockchain 3.0 is to offer an advanced platform for individuals, organizations, and companies to build their personal blockchain applications effectively and at a lower cost.
Forthcoming applications of blockchain technology involve:
- Manufacturing of agricultural and pharmaceuticals products
- Deterrence of identity theft
- Supply-chain tracing to manage forged goods
- Governance for tax and virtual polling
To assist people in understanding the real power of blockchain technology, OCB LIFE arranged a two-month virtual course on “Blockchain: Technologies and Applications for Business.” The course will be conducted by the well-known Berkeley Haas and Executive Education Faculty of the University of California Berkeley. Moreover, ten scholarship awards will be offered by OCB LIFE on completing the course. The estimated date, of course, is between November 19, 2020, and January 28, 2021.
To help stimulate the understanding of blockchain technology and inspire life-changing inventions via blockchain applications, OCB LIFE is preparing to be a Gold Sponsor for the upcoming Singapore Fintech Festival 2020.
About OCB LIFE PTE LTD
OCB LIFE PTE LTD is a Singapore-based technology business driven by Blockchain 3.0 technology. OCB LIFE offers solutions and several practical applications for capitalists in an assortment of fields including media, finance, tourism, retail, agriculture, commerce, storage, and transportation.
OCB LIFE thinks in giving back to society and supporting charity activities and CSR that help individuals “Change My Life.” OCB LIFE is also contributing to support the battle against coronavirus pandemic. Thus, the company is combining advanced blockchain use cases and technology with worldwide community spaces in never-before-seen ways.
