Over the past two years, China has suffered from numerous upheavals, particularly, from a reduction of $3 trillion in the stock market and a fall in exports by 8.3% severely affecting the middle class. Many industries are in need for innovations, including retail, that suffers from 400 $ billion loss annually. The ways to resolve the existing Chinese economic problems and return its high positions in retail are quite complex and long-term. OSA DC together with InterValue are here to change it with its blockchain solutions!
On October 2018th, OSA DC, the world’s first decentralized, AI-driven marketplace, providing real-time solutions to retailers, manufacturers, and consumers, announced the start of cooperation with the InterValue, regarded as the first feasible blockchain 4.0 in the world, that leads the global race for high TPS networks. The new generation of technical infrastructure is used for the exchange and storage of “value” on a global scale, which supports the construction of public industrial blockchain.
The agreement is focused on two main problems of the Asian retail market: transparency and reliability. The partnership will bring great benefits for both companies and customers/token holders. Since InterValue will become an International public chain, its strong technological strengths will create a perfect ecosystem with OSA and increase the value of customer tokens and the endorsement of credit for both sides. Intervalue has several advantages compared to other public chains: high speed of consensus, support advanced, turing complete smart contract, distributed storage capability for mass data, API for multi programming languages, high security encryption algorithm, transaction and communication anonymous functions.
OSA will test InterValue IV technology within the next 3 months. During the test, the IV tech team will fully support adapting its technologies to retail needs. In addition, IV and OSA are signing a business development agreement to enhance OSA marketplace, as well as OSA marketplaces B2B and B2C applications.
The company provides public chain service for OSA and deploys another private chain to satisfy data protection requirements. Data can be synchronized between them. In this case, the transaction speed can achieve 1 million TPS, the cost of transactions on the public chain follow InterValue’s regulations, and it’s possible to customize the rules of transaction cost on the private chain.
The major improvements InterValue brings to currently existing blockchain infrastructures address the three following points: performance, usability, and security. Intervalue introduces new solutions for common blockchain limitations to create the perfect ecosystem that can support dapps for vast industrial applications in finance, digital currency, supply chain, entertainment, healthcare, energy, social media, law, Internet of Things and agriculture among others.
“We’ll be making a big decision regarding the focus of the technology in the OSA ecosystem, and it’s not unlikely IV will become the master node within that ecosystem,” said Barton Chao, CEO of InterValue.
The company proved itself working with such companies as Rootscap, Benrui Capital, Whales Capital, Crypto Laboratory, Obsidian Capital, Ok Crypto, Bigcoin Capital, Eyu Capital, Reflexion Capital, Hello Capital, Starwin Capital, Skyline Capital, Cloudchain Capital, Genesis Capital, Skywalk Capital, Hua Ying Capital, Tokenmaster, Icodrops, Bishijie, Icogens, Bigcion and many more, and showed great results in DAG model-based design, improvements in storage capacity, transactional throughput, and security capabilities. On June 2018 the company raised 20 M during its ICO.
For more information, please visit: https://www.inve.one/
Learn more about OSA DC: https://osadc.io/en/
