OZ Finance said it is progressing with its project in Bataan that allows holders of its TOTOZ token to gain access to the economic zone (ecozone) living under Project Open Zone (OZ). READ:
that Project OZ has already recorded over 100 registrants. Of the total, there are already two fully-registered residents under the project.
Recently, OZ Finance announced its partnership with the Authority of the Freeport Area of Bataan as the project’s first ecozone partner under Project OZ, which utilizes blockchain technology to allow residency or business operations in partner ecozones.“The current residency program is for non-Filipinos. Anyone can avail themselves of open-zone living provided they pass standard know-your-customer and anti-money laundering checks,” Mr. Choy said.
“After five years, to extend the residency or business operations, the token holder just needs to stake the corresponding worth of TOTOZ tokens in the wallet again,” Mr. Choy said. Meanwhile, Mr. Choy announced that OZ Finance has other projects in the pipeline involving digital infrastructure, metaverse, and stablecoin.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Analysts say Leni’s campaign continues to gain momentum - BusinessWorld OnlineVICE-PRESIDENT Maria Leonor “Leni” G. Robredo’s presidential campaign is expected to gain more momentum two weeks before the elections, political analysts said, as her rally near the Philippine capital drew almost half-a-million supporters at the weekend.
Read more »
Converge ICT seeks to further cut energy costs - BusinessWorld Online“Aside from switching to clean energy, Converge is eyeing to implement a solar hybrid system to further cut down on energy costs, and exploring the viability of electric vehicle integration,” the company said in an e-mailed statement. READ:
Read more »
Hailey Decker named new head coach of RP Blu Girls - BusinessWorld OnlineAmateur Softball Association of the Philippines (ASAPHIL) recently appointed Hailey Decker as the new Head Coach of the RP Blu Girls, the country’s national softball team.
Read more »
BSP bullish on PHL’s ‘full recovery’ - BusinessWorld OnlineThe central bank is confident that the Philippine economy is on track for a “full recovery,” although analysts warned of headwinds from the Russia-Ukraine war and a potential US economic slowdown. READ:
Read more »
Landco empowers home buyers and investors to help build a sustainable future - BusinessWorld OnlineBeachTowns in Batangas are developed for environmental conservation and community development In celebration of the 52nd Earth Day with the theme “Invest in Our Planet,” Landco is in solidarity with the worldwide environmental and social movement in over 192 countries to drive positive action for the planet. Through its latest developments of BeachTowns in Batangas, Landco […]
Read more »