OST -- Connect to The Utility Blockchain
OST is the bridge between crypto-currencies and mainstream consumer apps.
What is the OST project all about?
OST blockchain infrastructure empowers new economies. OST is a public blockchain platform designed for the needs of businesses with millions of users. Launch your own Branded Tokens with OST technology and turn your business into a dynamic ecosystem. OST is built on the OpenST Protocol, a framework for building highly scalable blockchain token economies.
Our signature product, OST KIT, gives businesses all the tools they need to run a blockchain-powered economy. OST KIT alpha, the first public test version of OST KIT, is now available for anyone to try!
OST stands for "Open Simple Token" and OST KIT is built on OpenST, our protocol for mainstream business adoption of Blockchain. The OpenST protocol allows for the staking of $OST on Ethereum mainnet against minting branded tokens on the OpenST network of side blockchains. This enables mainstream businesses to launch their own branded crypto-currencies on the OpenST network, backed by staked OST, affording for higher throughput and transaction volumes than currently possible to achieve on public Ethereum. The OpenST platform allows Ethereum smart contracts to run faster and cheaper while leveraging the security properties of Ethereum’s Proof-of-Work.
OST KIT is a Software as a Service platform that builds on OpenST, providing a rich set of dashboards and APIs to program and manage your token economy. Our ambition is nothing short of enabling any mainstream business to launch their own crypto backed by OST, without their teams having to have any blockchain developers.
Those videos provides some more details about the OpenST solution.
https://www.youtube.com/watch?v=yJswJcnLYpUhttps://www.youtube.com/watch?v=qz8LhpKCsw0&feature=youtu.be-------------------------------------
The OST Technology Stack
Blockchain technology designed to scale with the needs and requirements of businesses