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HO CHI MINH CITY, Vietnam, Aug. 25, 2020 /PRNewswire=KYODO JBN/ --

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

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   Caption: Picture: OCB Life’s Office in Vietnam