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The Otichain blockchain is an open source decentralized distributed-ledger capable of recording transactions between two parties in an efficient, verifiable, and permanent manner.

Otichain supports Bitcoin’s UTXO model and Ethereum’s EVM.

Resulting a blockchain that is secure, flexible, fast, and low cost. It is constantly being tested and improved by promoting the solution to companies, government agencies, entrepreneurs, and private individuals.

OTIchain offer the possibility to purchase a plug & Play node.

Fast, efficient, economic, scalable, open, profitable.

Fill the form in order to receive the conditions of the otichain node starterkit directly on your email. This request is exclusively for information purposes and does not imply any obligation to purchase.

    Goals to be achieved with
    otichain blockchain
    Transparency is the key element of blockchain technology. It enables peer-to peer transactions, whereby even the smallest change is recorded within the blocks.
    Authentication Of Original Goods
    Transparency is the key element of blockchain technology. It enables peer-to peer transactions, whereby even the smallest change is recorded within the blocks.
    NFT As Certificates Of Authenticity Of A Digital Artwork
    NFT stands for Not Fungible Token, where 'Not Fungible' means unique and irreplaceable.
    Digital Twin
    A digital twin or "Digital DNA" is a virtual replica of physical resources,
    potential and effective (physical twin) equivalent to objects, processes,
    people, places, infrastructures, systems, and devices.
    Cost-Effective Cryptocurrency Transactions For Mass Adoption
    It uses a database distributed among network nodes that keep track of transactions (blockchain) and exploits cryptography to manage functional aspects, such as the generation of new money and the attribution of ownership of bitcoins.
    Improvement Of Customer Loyalty Programs
    Consumers face the challenge of monitoring the numerous loyalty program they are registered
    to and many of the loyalty points created each year are not used, thus leading to balance sheet
    liabilities.
    Improving Inventory Management
    With the increasing complexity of SKU (Stock Keeping Unit) management and shorter product life cycles, sales forecasting has become more difficult for apparel manufacturers.
    Massive, Cost-Effective Cryptocurrency Transactions
    Similarly, Ethereum has enabled the creation of decentralized applications and their use in the blockchain, giving developers access to an open platform for the development of applications, smart contracts and much more.
    Management, Security and Sharing of Customer Data.
    A blockchain-based smart contract is a self-executing code on a blockchain that automatically implements the terms of an agreement between parties.

    Otichain is a decentralized blockchain project built on Bitcoin’s UTXO[1] model, with support for smart contracts, based on the Ethereum Virtual Machine[2] and guaranteed by a Proof of Stake consensus model.

    [1] A UTXO is an unspent transaction output. In an accepted transaction in a valid blockchain payment system (such as Bitcoin), only unspent outputs can be used as inputs to a transaction. When a transaction takes place, inputs are deleted and outputs are created as new UTXOs that may then be consumed in future transactions. Each UTXO has a signature associated with it belonging to the owner. In Bitcoin, this signature must be present during a given transaction in order for the transaction to be considered valid. [2] The Ethereum virtual machine is one of the key pieces in the functioning of the Ethereum blockchain. Its function is to allow the execution of smart programs or contracts in order to implement a series of additional features on said blockchain so that users can enjoy it.

    The main features of the Otichain network include:
    01

    Compatibility with the Ethereum virtual machine, enabling compatibility with most existing Solidity-based smart contracts. No special compiler is required to deploy a smart contract on Otichain.

    02

    A Proof of Stake consensus system optimized for Otichain’s consensus model. Any user can help protect the network. No authority, master node or minimum amount is required.

    03

    The Decentralized Governance Protocol is fully implemented and functional, allowing certain network parameters to be changed without forks or other network disruptions. This currently controls parameters such as block size, gas prices, etc.

    04

    It uses the UTXO transaction model and is compatible with Bitcoin, allowing existing tools and workflows to be used with Otichain. This enables the use of the SPV protocol, ideal for lightweight wallets on mobile phones and IoT devices.

    05

    Otichain’s consensus algorithm guarantees the use of low-energy nodes and simultaneously a high number of transactions per second.

    06

    The structure of network fees and gas required for the operation of smart contracts has been developed to be fully Enterprise-ready, ensuring a cost of operation and maintenance close to 0 (zero).

    07

    Oticore has been developed to be user-friendly in anticipation it will also be released in a specially designed plug and play hardware version.

    08

    It uses the UTXO transaction model and is compatible with Bitcoin, allowing existing tools and workflows to be used with Otichain. This enables the use of the SPV protocol, ideal for lightweight wallets on mobile phones and IoT devices.

    We know that sustainability is a long-term force for change and a driver to integrate ESG across our investment solutions, actively engage with companies, and work on real impact. By diving deeper to understand dynamics and impact, our comprehensive sustainable approach leads to better-informed investment decisions. Creating better returns – and looking after the world we live in.

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