Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, August 25 2020 - 11:00
AsiaNet
OCB Life to Launch Breakthrough BchainLife Blockchain 3.0 Technology Next Year
HO CHI MINH CITY, Vietnam, Aug. 25, 2020 /PRNewswire-AsiaNet/ --

OCB Life has developed a number of innovative Blockchain applications across 
multiple industries. As part of the company's strategic plans, OCB Life intends 
to set up a decentralized, peer-to-peer exchange for financial products in the 
future. OCB Life also plans to create decentralized investment tools in 
Switzerland or Malta, which are recorded on blockchain representing investments 
in traditional assets such as stocks, bonds, funds and real estate investment 
trusts. 

OCB Life will migrate to its proprietary BchainLife Hybrid Blockchain 3.0 and 
Smart Contract 2.0 platform next year. The blockchain engineers are also 
working on the development of open-source, decentralized applications (DApp) 
that use blockchain with smart contracts combined with the pillars of Swarm and 
Whisper, as well as other decentralized finance (DeFi) applications to 
re-create traditional financial instruments in decentralized architecture.

Photo - https://photos.prnasia.com/prnh/20200821/2893202-1

In its Strategic Plan for 2020 - 2024, OCB Life has assigned each business unit 
in the region to lead a specific area of responsibility:

-OCB Life Singapore: development of BchainLife Hybrid Blockchain 3.0 and Smart 
Contract 2.0 platform 
-OCB Life USA: development of a decentralized Exchange 
-OCB Life Thailand: development of DApp and DeFi applications for decentralized 
electronic payment, and setting up of an investment fund 
-OCB Life Vietnam: planning and execution of media and public relations, as 
well as management of e-commerce transactions.

The key objective of BchainLife Blockchain 3.0 and Smart Contract 2.0 is to 
provide a platform for organizations, businesses and individuals to develop 
their own blockchain applications efficiently and at low cost. Future 
applications of Blockchain technology include: prevention of identity theft, 
governance for tax and online voting, supply-chain tracking to control 
counterfeit goods, manufacturing of pharmaceuticals and agricultural products, 
etc.

In order to help more people understand the power of Blockchain, OCB Life is 
offering ten awards of scholarship for a two-month online course on 
"Blockchain: Technologies and Applications for Business" conducted by the 
world-renowned Berkeley Haas and Executive Education Faculty of the University 
of California Berkeley. The online course will run from 19th November 2020 to 
28th January 2021.

To help promote awareness for Blockchain and encourage life-changing 
innovations through blockchain applications, OCB Life is planning to be a Gold 
Sponsor for the coming Singapore Fintech Festival 2020, subject to final 
confirmation on the event schedule.

About OCB Life Pte Ltd

Logo - https://photos.prnasia.com/prnh/20200821/2893202-1LOGO

OCB Life Pte Ltd is a Singapore-based technology company powered by Blockchain 
3.0 technology. The company has developed a number of innovative applications 
across multiple sectors, including: electronic payments, services, heathcare 
and wellness, real estate, finance and investments, media, and technology 
products – to help users "Change My Life".  OCB Life believes in giving back to 
the society, and supporting CSR and charity activities that help people "Change 
My Life". OCB Life also contributes masks to help fight the COVID-19 pandemic.

Source OCB Life PTE LTD


Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=369789

   Caption: Picture: OCB Life’s Office in Vietnam

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