oBike embraces the blockchain

Singapore-founded blockchain company Odyssey has completed the integration of its digital asset mobile payment solution Odyssey Wallet with dockless bike sharing provider oBike.

According to Odyssey, OCN will be the first ever digital asset integrated into the future decentralised sharing economy.

“We are happy to announce the completion of Odyssey Wallet integration into oBike’s systems,” said Odyssey project lead Sophie Guan. “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 one-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.”

Under the agreement with Odyssey, oBike will pilot the use of OCN, the digital asset of the Odyssey Protocol, which features its social credit and reward-based protocol.

This integration means that OCN becomes available to oBike’s 10 million+ users, enhancing international payments of its riders across its 17 countries of operations worldwide.

Co-founder and CMO of oBike Edward Chen commented: “As a technology driven sustainable transport provider, oBike continuously looks to improve its bike sharing offering and user experience, including its payments solutions. It is in line with this vision that oBike is partnering with leading decentralised sharing economy blockchain provider Odyssey to launch this mobile payment integration program.”

“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. We look forward to collaborating with oBike during this programme. We strongly believe that the transparency and accountability of Blockchain technology will continue to positively shape world and businesses alike,” concluded Odyssey director North American community management James Lawrence.

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