Ozone Chain

Ozone Chain (OZO)

Full information about Ozone Chain (OZO). Current Ozone Chain price in BSD, OZO open/close rates, Ozone Chain history charts, Ozone Chain market capitalization and volume.

1 OZO = 0.238 $ Bahamian Dollar (BSD)
0.2384077 BSD

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 0.999969 BSD

General information
Global rank:298
Name: Ozone Chain Ozone Chain
Symbol:OZO
Current coin price (BSD):0.238 $
Last hour:arrow_upward0.100 %
Last 24 hours:arrow_downward-0.470 %
Last 7 days:0.090 %trending_up
Capitalisation (BSD):136 720 600.53 $
Volume 24h (BSD):346 013.27 $
Available supply:573 491 638.00 OZO
Total coin supply:-1 OZO
Start date:2023-01-22
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago

Ozone Chain/Bahamian Dollar (OZO/BSD) price chart

Ozone Chain/Bahamian Dollar (OZO/BSD) capitalisation and volume charts

What is Ozone Chain (OZO)?

Ozone Chain integrates advanced quantum security technologies to address the potential threats posed by Quantum Computers. Designed as a decentralized platform, Ozone Chain enables developers to create scalable and user-friendly decentralized applications (dApps) with low transaction fees, without compromising on security. It is EVM compatible and operates on proof of authority and IBFT (Istanbul Byzantine Fault Tolerant) protocols. The platform's standout feature is its integration of Quantum Random Numbers and Post-Quantum Cryptography, ensuring robust security against quantum computing threats.

Who Created Ozone Chain (OZO)?

Ozone Chain was co-founded by Kamalakannan Venkatraman and Javed Mohamed. Their vision was to create a blockchain platform that not only addresses current security needs but is also future-ready, capable of withstanding the advancements in quantum computing.

What is $OZO Used For?

$OZO, the native token of Ozone Chain, has several key applications:

Supporting Network Operations: $OZO is used in various network operations, aligning with the blockchain's proof of authority and IBFT protocols.

Governance: Token holders can participate in governance decisions through voting, contributing to the direction and policies of the platform.

Security and Quantum Resistance: The integration of quantum security technologies, including Quantum Random Numbers and Post-Quantum Cryptography, ensures that $OZO transactions are secure against quantum threats.

Tests and Certifications: $OZO's underlying technology has been rigorously tested and certified by TÜV Rheinland, affirming its security and reliability.

Circulation and Supply: There is a total supply of 1 billion OZO, with 300 million already in circulation. The remaining supply is locked and distributed over 36 months.

Ozone Chain positions itself as a future-ready blockchain solution, aiming to build resilience against emerging quantum threats. By incorporating quantum mechanical properties into its security subsystem, Ozone Chain aspires to evolve towards a truly trustless blockchain environment, making it a significant player in the next generation of blockchain technology.