Building Trust in Capital Markets with Innovation

The rise of the internet strongly correlates to accelerating globalization. Fundamentally, the internet itself knows no boundaries, and at its core it connects people everywhere equally. Individuals and firms connect and transact more freely than ever before.

1

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 Ohana Blockchain (with one second block time) holds the promise of providing a new layer of infrastructure for governance and economic activity without the legacy of permissionless blockchain.

Essential to the spirit of Ohana, in both its permissioned and permissionless state, the Ohana Blockchain will be open to everyone: any consumer, developer, or business can use the Ohana 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 market infrastructure is designed to provide an open and immutable system of record-keeping, transaction processing and computation. Ohana 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 the world of global stablecoins; entirely digital representations of either fiat-pegged or fiat-backed central bank money that can be used and exchanged over the open internet in the same manner that we can exchange digital content and information around the world today.

Verified Identity

Ohana 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 — Ohana Identity 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 Ohana Identity with built-in Know-Your-Customer (KYC), Anti-Money Laundry (AML), and Accredited Investor (AI) verification – an identity proofing method for the Ohana 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 Ohana Identity 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.

2
3

Stablecoins for Settlements

Existing stablecoins are adequate for trading and settlement use cases but are limited by the scalability and privacy features of existing blockchains. To drive mass market adoption of stablecoins from a technology perspective, stablecoins will need to build on next generation blockchains while simultaneously creating and fostering open technical standards processes that welcome technical contributions from stakeholders globally.

While today the dominant use-case for stablecoins is as a fiat currency substitute in crypto trading markets, the Ohanae ecosystem introduces a new stablecoin — the Ohana Coin — with much broader use-cases in mind. The aim is to provide open and interoperable payment and settlement rails that can reach hundreds of millions to billions of consumers and ultimately allow for payments and value exchange to become fundamental building blocks for applications and commerce on the internet.

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.

Digital money in the form of stablecoins can be used everywhere the internet can reach, rendering obsolete notions such as cross-border payments, while raising enormous challenges and complexity for governments around the enforcement of their fiscal and monetary policy.

Stablecoins offer the potential for a dramatic opening of participation in global economic activity. While much focus and attention has been placed on the opportunity to reduce the cost and accessibility of global payments, the more dramatic and significant opportunity is the realization of the idea of “programmable money”, which will allow individuals and firms to much more easily and safely enter into economic arrangements over the internet.

Equity Token Protocol

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 tokens are classified as securities in most jurisdictions and will allow investors to become part owners of the company with or without voting rights. The ability to issue equity tokens allows companies to raise funds and unlock capital in a crowdfunding mechanism from everyday investors in a compliant manner.

The Ohana Equity Token Protocol is a regulatory-compliant suite of smart contracts built on the Ohana Blockchain. This platform provides secure, fault-tolerant, transparent, and fast transaction settlement while being compliant to regulatory requirements. Ohana Equity Token Protocol provides methods for the issuance of equity tokens which can be customized to represent various types of securities. The equity tokens are 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 such as investors, broker-dealers, and custodians. 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.

4
5

Private Key

A private key is a sophisticated form of cryptography that allows a user to access his or her digital assets such as equity tokens and stablecoins. A private key is an integral aspect of the Ohana Blockchain, and its security make up helps to protect a user from theft and unauthorized access to funds.

When dealing with digital assets, a user is usually given a public address and a private key to send and receive digital assets. The public address is where the digital assets are deposited and received. But even though a user has digital assets 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 their private key, he can no longer access his account to withdraw, or transfer digital assets such as Ohana Coins. Likewise, if a user’s private key is compromised, his digital assets 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 their 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.

6
7

Passwordless Login

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 Ohana Connect: Ohana Blockchain powered decentralized authentication for web and mobile app without the need for username and password.

Sign In with Ohanae

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 Box, Dropbox, Google Drive, and OneDrive, 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.

8
9

Ohanae App

Nothing is more important than the security and success of our Ohana. 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 on one device. Download from popular app stores for Android, iOS, macOS, Windows 10, and More...

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.