Building Trust in Capital Markets with Innovation
Ohanae brings investment opportunities to verified investors and safeguards their securities and funds with real-time settlement
The Ohanae Ecosystem
Financial transactions on the internet have been dramatically altered by the advent of blockchain technology. The new implementation of exchanges in real time, anywhere in the world with transparent security, are all combined with an unparalleled economic efficiency. Cryptographic assets and blockchain-based computing and data sharing now offer a seamless world platform for exchange that does not depend on intermediaries to assure transactions. They empower both entities and individuals with a new autonomy, an objective and a mission that Ohanae has fully embraced.
Ohanae is among the first to be using blockchain and DeFi technology to create a new kind of investment bank (Special Purpose Broker-Dealer for Digital Asset Securities) based on SEC Statement [17 CFR Part 240, Release No. 34-90788; File No. S7-25-20] dated April 27, 2021.
Ohanae Securities LLC, (a wholly-owned subsidiary of Ohanae, Inc.) is currently seeking approval from FINRA to qualify as a Special Purpose Broker-Dealer for Digital Asset Securities.
Ohanae Securities LLC, will be in the unique position of offering to its clients a true end-to-end platform that initiates and manages asset tokenization; uses stablecoins for payments and offering settlement 24x7; and incorporates an alternative trading system ("ATS") with automated market maker ("AMM") technology to provide seamless asset exchanges.
Thanks to its best-of-breed security and flexible, robust architecture, Ohanae's platform will provide companies with the necessary tools to conduct Regulation A+ offerings, and, subsequently, exchange assets via the Ohanae ATS.
Immutable, Fast Transaction Finality
First pioneered with Bitcoin, whose open and permissionless blockchain created a secure, immutable and decentralized ledger for the storage and exchange of value, new generations of blockchains such as Ohanae Blockchain (with 3 second block time) holds the promise of providing a new layer of infrastructure for governance and economic activity without the legacy of permissionless blockchain.
IBFT (Istanbul Byzantine Fault Tolerant) is a consensus mechanism implemented on the Ohanae Blockchain which is an alternative to Proof of Work in an Ethereum network. IBFT ensures a single, agreed-upon ordering for transactions in the blockchain, and provides added benefits for offering settlement finality.
Essential to the spirit of Ohana, in both its permissioned and permissionless state, the Ohanae Blockchain will be open to everyone: any capital markets solution providers can use the Ohanae Blockchain, build products on top of it, and add value through their services. Open access ensures low barriers to entry and innovation and encourages healthy competition that benefits consumers.
This new capital markets infrastructure is designed to provide an open and immutable system of record-keeping, transaction processing and computation. Ohanae Blockchain is purpose-built for capital market applications, designed to execute and enforce applications that allow for counterparties to enter transactions without relying on centralized intermediaries, with near perfect audibility and verifiability.
The technical capabilities have also given rise to Ohanae Coin (OUSD); a digital representations of fiat-pegged money that can be used and exchanged over the Ohanae Blockchain in the same manner that we can exchange digital content and information around the world today.
Payments and Offering Settlement
Ohanae Coin (OUSD), a fiat currency substitute is designed for payments and offering settlement on the Ohanae Blockchain. The aim is to provide open and interoperable payment and settlement rails that can reach millions of consumers and ultimately allow for payments and value exchange to become fundamental building blocks for applications and commerce on the Ohanae Blockchain.
We are rapidly moving towards a world of borderless money and value exchange, where any person with an internet connected device will be able to exchange value with any other person instantly, securely and at near zero cost.
Ohanae Blockchain's core advantages are decentralization, cryptographic security, transparency, fast transaction finality, and immutability. It allows information to be verified and value to be exchanged without having to rely on a third-party authority. One of the most promising and transformative use cases is the creation of a distributed, secure digital identity — Ohanae ID for both consumer identity and the commercial know-your-customer process—and the services associated with it.
The starting point for the creation of an Ohanae ID with built-in Know-Your-Customer (KYC), Anti-Money Laundering (AML), and Accredited Investor (AI) verification – an identity proofing method for the Ohanae Blockchain to confirm the identity of their users. The setup will streamline the access of blockchain services and drive down compliance costs for all businesses who are facing ever-increasing regulatory demands.
We can think of Ohanae ID as a digital record of identity information that you control. You can reveal some or all of it. You can also record your consent to share data with others and facilitate that sharing.
The tracking of stock ownership on blockchain or cap table tokenization is part of a larger movement worldwide to transfer all kinds of records onto the blockchain. Corporations may issue shares and maintain its stock ledger on blockchain through smart contract, without the need for a corporate secretary or transfer agent. Equity token is classified as digital asset securities in most jurisdictions and will allow investors to become part owners of the company with or without voting rights. The ability to issue digital asset securities allows companies to raise funds and unlock capital in a crowdfunding mechanism from everyday investors in a compliant manner.
Equity Token is a regulatory-compliant suite of smart contracts built on the Ohanae Blockchain. This platform provides secure, fault tolerant, transparent, and fast transaction settlement. Equity Token provides methods for the issuance of digital asset securities which can be customized to represent various types of securities. Equity token is ERC-20 compliant and compliant with the Delaware General Corporate Law, Title 8.
For an equity token to be tradable, it first has to be defined, then created and constrained within regulatory rules, so that it is compliant with trading laws for the parties involved. Participants must follow different regulations such as Know Your Customer (KYC), Anti-Money Laundering (AML) and Accredited Investor verification. Here we can use smart contracts to check and respond to the permissions of every person who attempts to use them in a transaction. If a user who does not meet the proper compliance level attempts to buy a token, the relevant smart contract will compare their permission level against an internal database, and instantly restricts their account from completing the purchase.
Passwords are not going away any time soon. Currently, users maintain their online identity with a simple username and password. Ohanae patented technology addresses this issue with complex password creation and usage, because without strong passwords, there is no protection. Ohanae ensures passwords are not stored in the cloud or your device; they are generated only at the time of use for armor-shield protection.
Go BEYOND simple identity protection with Ohanae Connect: Ohanae Blockchain powered decentralized authentication for web and mobile app without the need for username and password.Sign In with Ohanae
A private key is a sophisticated form of cryptography that allows a user to access his or her Equity Token and OUSD. A private key is an integral aspect of the Ohanae Blockchain, and its security helps to protect a user from theft and unauthorized access to funds.
When dealing with digital asset securities, a user is usually given a public address and a private key to send and receive equity tokens and OUSDs. The public address is where the digital asset securities and OUSD are deposited and received. But even though a user has digital asset securities deposited into his address, he would not be able to withdraw them without the unique private key. The public key is created from the private key through a complicated mathematical algorithm. However, it is near impossible to reverse the process by generating a private key from a public key.
If a user loses his private key, he can no longer access his account to withdraw, or transfer digital asset securities and OUSD. Likewise, if a user's private key is compromised, his digital asset securities and OUSD are at risk. It is, therefore, imperative to protect the private key securely..
Masterkey with Passphrase Recovery
User's private key is protected by Ohanae Masterkey — the key that unlocks their verified identity and everything that can be done with it—becomes the owner's most important digital asset. Hence, the single most critical task is to manage and protect the user's private key.
Masterkey (randomly generated from an endpoint device upon account registration) is a 256-bit key with a key space of 2^256 (or 1.1579 x 10^77) possible keys. Every key is unique and cannot be guessed using brute force as it would take approximately 3.31 x 10^56 years to brute-force the Masterkey. This is different from a typical password. A 12-character password, with uppercase characters, lowercase characters, and numerical digits will have a search space of only 3.28 x 10^21 possible passwords and can be cracked using brute-force method in about one year. It would take infinitely longer to crack the Masterkey.
It is unlikely for an average person to remember their Masterkey. As such, the Masterkey is encrypted using a user-defined Passphrase (8~20 alphanumeric characters). Passphrase recovery is required when a user forgets his passphrase. This requires the user to designate their own set of trustees — anywhere from two persons to dozens if necessary—that the user trusts to assist in passphrase recovery if and only if the user asks for it from the trustees personally.
Secure File Sharing
Ohanae empowers users to share files securely with anyone through consistent sharing apps across all popular mobile and desktop platforms. You may share files securely via any apps such as Email and WhatsApp, and access the shared files from any device installed with the Ohanae app.
You can also create, share, and keep files securely in content collaboration services such as Dropbox, while permitting a familiar access from any device. For enterprise deployment, Ohanae provides fully auditable, compliant and trustworthy audit trails designed to detect and respond to cybersecurity events that could materially harm the nonpublic information of an organization.
We are trusted advisors to our customers, delivering exceptional service and engaging intelligently with technology in order to keep their data secure. Experience Ohanae App, its free for personal use. Download from popular app stores for Android, iOS, macOS, and Windows.