The Future of Sharing: Odyssey (OCN) Protocol Announces The Development of Its Own Advanced Cross-Protocol Blockchain

May 03, 2018 at 17:16 // PR
Odyssey develops its own blockchain

Odyssey (OCN) Protocol, a leading provider in the decentralized sharing economy and P2P global transaction space announces the development of its own  advanced cross-protocol blockchain.

Odyssey recently announced the kickoff of the development of its own blockchain. Odyssey (OCN) ’s blockchain, also known as $OCN chain, will:

  • Simplify the integration of other blockchain providers into OCPay and Odyssey (OCN)  Wallet
  • Lower cryptocurrency transaction fees for businesses, consumers, and service providers within the Odyssey (OCN)  ecosystem
  • Streamline the onboarding of new providers throughout the entire Odyssey (OCN)  ecosystem

In blockchain technologies that exist today, there are not many immediate options or solutions for scalability and connectivity. With that being the case,  Odyssey (OCN) Protocol is developing blockchain technologies of the future with scalability and interoperability in mind.

Sophie Guan, project lead, Odyssey Protocol Foundation, said:

“Today’s announcement shows the dedication and commitment we have to the community. This revolutionary protocol advancement, built with the future of scalability and connectivity in mind, will be a game changer in blockchain for years to come. We look forward to showcasing our team’s technical accomplishments, and progress, as we continue to exceed expectations of Odyssey’s vision for the future decentralized sharing economy.”

In the case of  Odyssey (OCN) ’s network, $OCN Chain, it will be able to integrate  OCPay with a multitude of other networks, services, and businesses globally. This is in direct comparison to Ethereum, which has become overloaded with the advance of DApps being built on the network, leading to higher transaction fees and slower blocktimes. Even in the case of other potentially higher performing networks that have lower transactions fees, the cost of migrating assets across networks is prohibitively high. It is therefore easy to see why the future lies in connecting blockchains with different consensus methods, which will allow for higher performing networks to interact more easily with others, seamlessly sharing data and assets.

For example, OCPay will be able to have cross platform interoperability with networks such as TRX, ETH and QTUM. OCPay will also be directly integrated with service provider companies, such as oBike, and as well in the future, directly with local merchants at top restaurants, hotels, and theatres.

$OCN Chain will continue to advance its technologies and partnerships globally, with cross-chain token sales and payment options, and even more advanced use cases in the future such as E-voting, E-auction, E-coin to establish the foundation for the more connected blockchain world in the future.

Odyssey (OCN)  looks forward to continuing its role leading the Future of the Decentralized Sharing Economy.

About Odyssey

Odyssey(OCN) is initiated by Odyssey Protocol Foundation, registered in Singapore.

Odyssey (OCN) ’s mission is to build the next-generation decentralized sharing economy & Peer to Peer Ecosystem. Odyssey (OCN) aims to reduce overall operating cost, increase marketplace efficiency and boost ROI of product & service providers in the Global sharing economy & peer to peer ecosystem.

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Odyssey is the source of this content. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.

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