Singapore-based blockchain firm Odyssey has integrated its digital asset mobile payment solution Odyssey Wallet with bike sharing provider oBike.
OCN, the digital asset of the Odyssey Protocol, is said to be the first ever digital asset to be integrated into the future decentralised sharing economy.
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Odyssey Protocol Foundation director for North American community management James Lawrence said: “It is Odyssey’s mission to lower costs and increase trust in the decentralised sharing economy and it is through world class partnerships with teams like oBike, who understand the benefits of digital assets and are serious about using OCN to lower payment costs and times, that we can deliver on this.”
oBike, under the agreement, will trial OCN – which comprises social credit and reward-based protocol. It can be accessed by oBike’s 10 million users.
Odyssey Protocol Foundation project lead Sophie Guan said: “Odyssey looks to simplify payment solutions, build a revolutionary sharing economy system and we are excited to deliver this starting from this program.
“It is the 1st step towards the project mission to build a universal credit/trust-based protocol and blockchain technical solutions to enhance the marketplace efficiency, which will bring the sharing economy market to the next level.”
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By GlobalData
