Blockchain-based data trading platform Oasis Block DeFi service
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January 27, 2021
Blockchain-based data trading platform Oasis Block DeFi servicebr> Expected to increase the value of OSB and expand its scope to the DeFi market through’OSB CAMP’
The Oasis Block Project, a next-generation data trading platform capable of data transaction and value exchange, announced in early February that it will launch the Oasis Block-based DeFi service’OSB CAMP’.
OSB CAMP, which Oasis Block will introduce this time, is a decentralized financial transaction service (DeFi) site that is emerging as the most important keyword in the virtual asset market. It provides staking and participation functions of OSB, the utility token of Oasis Block.
When staking OSB, SOSB, a liquidity token, is provided along with a separate OSB reward, and when participating in DeFi Pool by combining OSB and SOSB into a trading pair, CRA (CARAVAN), a DeFi governance token, is paid according to the stake rate.
This OSB CAMP service is scheduled to be released in the first and second phases. The first service, scheduled to open in the first week of February, provides users with staking and participation in Defiful, and the second service, scheduled to open at the end of March, provides a swap function between heterogeneous assets such as Ethereum and a new wallet service for this.
Oasis Block Project is a global data trading platform that can register, search, purchase, and sell numerous types of data owned by each industry through Oasis Chain, an interchain.OSB CAMP is a platform for tokens for each industry group used for data transaction. It was developed as a part of making it easier to participate in the data trading market through value increase and easy exchange of heterogeneous tokens used by customers, and will continue to advance to improve user convenience in the future. Oasis Block data transaction service is being developed with the aim of launching in the second half of 2021, and for this, partners are also being recruited to build domain chains for each industry group.
Overview of the Oasis Foundation
Oasis Block is a project started in 2018 to create the first blockchain-based data trading platform that can trade useful data and values between different industries. Oasis Block creates new added value through a method to secure the convenience of distribution through standardization of various data generated in each industry, provision of transparent data transaction details, data exchange between data buyers and sellers, and each industry. It was started to solve issues across the blockchain industry, such as how to do it. Oasis Block shares blockchainized data and values centered on Oasis Chain, which can connect individual domain chains of various industries such as mobility chain and health chain, and helps transparent data transactions between data buyers and sellers based on this. The goal is to build a new data trading ecosystem as a data trading platform.
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.
