OM CHAIN NETWORK

Om Chain is a Public Distributed Ledger Technology that implemented as a public Blockchain Network which distributes data in a decentralized way. Data could be written in the Blockchain in a short period, which is an optional way to create a payment gateway that users could do any transaction within the network that does not require centralized service.​

OM CHAIN NETWORK

Om Chain is a Public Distributed Ledger Technology that implemented as a public Blockchain Network which distributes data in a decentralized way. Data could be written in the Blockchain in a short period, which is an optional way to create a payment gateway that users could do any transaction within the network that does not require centralized service.​

Why OM Network

OM Chain has a great benefit from merging many blockchain technologies. Such as multiple fee structure wallet, tokenization (Issued Digital Asset), Smart Contract, peer-to-peer transaction, etc.

Remittances

Send, Receive token across the border or across parties fast, simple and secure in a small amount of fee.

Micropayments

With OM Chain everyone can send tokens to anyone in the smaller transfers in 8-digit decimal, which allow more opportunity for any merchants and customers.

Reduce Merchant Fee

This allows the merchant to accept token in a smaller amount, and decrease a significant amount of fee compare to other gateways, or another e-payment system.

Om Consensus Protocol (OCP)

OM Chain based on FBA (Federated Byzantine Agreement). Om Consensus Protocol (OCP) is the first provably safe consensus mechanism for four key properties simultaneously

Decentralized control: Anyone is able to participate and no central authority dictates whose approval is required for consensus.

Flexible trust: Users have the freedom to trust and combination for parties they see fit. For example, a small non-profit may play a key role in keeping much larger institutions honest.

Low Latency: In practice, a node can reach consensus at timescales humans expect for web or payment transactions. Only a few seconds at most.

Asymptotic security: Safety rests on digital signatures and hash families whose parameters can realistically be tuned to protect against adversaries with unimaginably vast computing power.

Om Consensus Protocol (OCP)

OM Chain based on FBA (Federated Byzantine Agreement). Om Consensus Protocol (OCP) is the first provably safe consensus mechanism for four key properties simultaneously

Decentralized control: Anyone is able to participate and no central authority dictates whose approval is required for consensus.

Flexible trust: Users have the freedom to trust and combination for parties they see fit. For example, a small non-profit may play a key role in keeping much larger institutions honest.

Low Latency: In practice, a node can reach consensus at timescales humans expect for web or payment transactions. Only a few seconds at most.

Asymptotic security: Safety rests on digital signatures and hash families whose parameters can realistically be tuned to protect against adversaries with unimaginably vast computing power.

Om Platform
It is the platform that provided by OM Chain foundation team for users and developers to participate with OM Chain. Nowadays, the platform provides:

• OM Wallet: the mobile cryptocurrency wallet which works with OM Chain, and other cryptocurrencies such as Bitcoin, Ethereum, etc.

• OM Explorer: The explorer is a graphic user interface designed to allow users to interact with OM Chain. Within the explorer, a user can view information for each specific block, transactions, ledgers and asset’s information.

• Om Tools: From this tool, a user can issue their asset (Token) simple and easy.

Om Platform
It is the platform that provided by OM Chain foundation team for users and developers to participate with OM Chain. Nowadays, the platform provides:

• OM Wallet: the mobile cryptocurrency wallet which works with OM Chain, and other cryptocurrencies such as Bitcoin, Ethereum, etc.

• OM Explorer: The explorer is a graphic user interface designed to allow users to interact with OM Chain. Within the explorer, a user can view information for each specific block, transactions, ledgers and asset’s information.

• Om Tools: From this tool, a user can issue their asset (Token) simple and easy.