Ocular Update: 28–06–28
Hello everyone. We know you have all been waiting patiently for further announcements and news from us. Things have been moving at lightning speed behind the scenes. What originally started as simply an AML/KYC solution has now expanded to something much greater. As such, we have made the decision to rebrand our token to OCULAR (from OKYC) to reflect that we are not just a KYC solution.
Through our partnership with OLE Group and our expertise in the banking, financial service and compliance industry we have set out to build an ecosystem (The Ocular Ecosystem) to support the financial service industry in areas such as credit and debit card issuance, bank accounts, real estate and any other sectors where compliance, AML and KYC are the foundation.
Our first undertaking in the expansion and creation of the Ocular Ecosystem is the introduction of the Ocular Reloadable Credit Card that will be linked to our proprietary multi-currency e-Wallet. While we are not at liberty to share too much information at this time, we can confirm that our testing of the e-wallet and card for the past two months has been successful. We are confident that we have found the right solution to the “Crypto Card” dilemma and soon you will be able to use a card that will allow you to use your Bitcoin and other liquid coins/tokens to purchase goods and services at millions of merchants worldwide and use ATM networks around the world. Compliance in the forefront of this undertaking, our solution is fully compliant with card network industry standards and requirements.
Stay tuned for further announcements to be released by Tuesday, including all the details pertaining to the Airdrop and Bounty Program, the issuance of our token and some key partnerships we have established.
OlePay is a Global Payment Pooling Platform which offers merchants the privacy and security of a closed network. Merchants benefit from lower processing costs and can boost marketing efforts by allocating loyalty points. Consumers also benefit from security and privacy. They may make payments from their computer, tablet, smart phone, classic phone, or even wrist band or necklace. They earn loyalty and reward points from individual merchants. They can also earn System Points that can be used at any participating merchant.
In short, OlePay combines a stored value account which includes all the payment processing features that a merchant needs, as well as powerful marketing tools.
OlePay is a part of the WorldPayU network and supports many different payment, gift and loyalty systems.
Ocular Compliance Tech is a cutting is an Anti- Money Laundering (AML) compliance platform that provides instant verification of a customer`s background (KYC). The platform leverages cryptographic security mechanisms employed in distributed ledger technologies to ensure that data cannot be tampered with, while allowing users full control over how their data is stored and shared. The system is user-friendly for applicants while adhering to strict AML policy guidelines.
Ocular integrates traditional name and personal data background checks with state-of-the-art identity verification mechanisms such as facial and voice recognition. This safeguards against ID theft, false registrations, Sybil attacks and other attacks which compromise and circumvent compliance. Ocular uses advanced technologies such as artificial intelligence (AI) and machine learning. This Ocular to dynamically monitor and upgrade its capabilities and defenses in the face of an ever-changing landscape of cyber security.
The objective of Ocular is to provide parties a transparent mechanism to verify and validate one another, to prevent fraud and expose fraudulent activities. Ocular aim to be the de-facto standard for multi purpose, highly customizable and configurable solutions that bridges traditional finance with crypto and satisfies compliance requirements at the highest possible levels.
The Ocular solution is the fastest way to achieve full AML compliance for your customers!
Please follow us on telegram: https://t.me/oculartech and our official website: https://www.oculartech.io
