SINGAPORE – Local bike-sharing user oBike is set to deliver the possess cryptocurrency called oCoins subsequent year.
In a matter on Tuesday (Dec 26), oBike announced that it will be partnering blockchain height Tron to strictly launch oCoins in the first entertain of 2018. A blockchain is a digitised, decentralised, open bill of all cryptocurrency transactions.
“In a world’s first of the kind, users will shortly be means to float and earn, interjection to the new partnership,” it said.
oBike users will be means to compensate for their rides and tip up their oBike wallets using oCoins, the matter said.
oCoins can also be used to buy online calm or be used on any application that is on Tron’s platform.
This includes audio calm village Peiwo and renouned live-streaming app Uplive.
Users can beget oCoins when they use oBikes, with more coins warranted the longer they ride.
Tron is a decentralised online calm party ecosystem.
Its cryptocurrency, called Tronix, or TRX for short, is ranked 18th worldwide in the list of cryptocurrencies, according to the statement.
oBike’s co-founder and arch selling officer Edward Chen pronounced that the association is anxious to announce the partnership with Tron.
“As a tech company, we are dedicated to bringing better value and advantages to our users through consistent creation and jointly profitable partnerships,” he said.
He combined that he is assured oCoins will be “an appealing tender for users to continue roving oBike in more ways than one”.
Similarly, Tron’s owner Justin Sun pronounced that he is looking brazen to a cultivatable partnership and that he is certain the Tron ecosystem would interest to oBike users.
TRX has a marketplace capitalisation of US$2.6 billion (S$3.5 billion) and is now trade at 4 US cents.