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Ozone Chain
About Ozone Chain
Ozone Chain (OZO) is a blockchain platform, acclaimed as the world’s first Quantum Resistant Blockchain. Co-founded by Kamalakannan Venkatraman and Javed Mohamed, it aims to safeguard transactions in the DeFi space against quantum computing threats. Utilizing advanced quantum security technologies, including Quantum Random Numbers and Post-Quantum Cryptography, Ozone Chain offers a secure, decentralized platform for developers to create dApps with low transaction fees, without compromising security. It operates on proof of authority and IBFT protocols and is EVM compatible. The native token of the platform, $OZO, is integral to its operation, governance, and security. It has a total supply of 1 billion, with 300 million already in circulation and the rest locked and distributed over 36 months. Ozone Chain's unique approach to integrating quantum mechanical properties aims to enhance the trustless nature of blockchain technology, preparing it to face future quantum computing challenges
Ozone Chain is a quantum-secure, EVM-compatible blockchain designed to address the security challenges posed by emerging quantum computing threats. The platform integrates Post-Quantum Cryptography (PQC) and Quantum Random Number Generation (QRNG) to enhance cryptographic resilience, ensuring data integrity and security in a decentralized and scalable environment.
Ozone Chain operates using a Proof of Authority (PoA) consensus mechanism in combination with the Istanbul Byzantine Fault Tolerant (IBFT) protocol, ensuring high throughput, low latency, and immediate transaction finality. Its Ethereum Virtual Machine (EVM) compatibility allows developers to deploy and scale decentralized applications (dApps) while benefiting from advanced quantum-resistant security.
The key features of Ozone Chain include:
- Post-Quantum Cryptography (PQC): Utilizes quantum-resistant encryption methods to prevent potential attacks from quantum computers.
- Quantum Random Number Generation (QRNG): Provides true random values to secure cryptographic operations, enhancing blockchain security.
- Proof of Authority (PoA) & IBFT: Ensures fast transaction validation and Byzantine fault tolerance, reducing the risk of network attacks.
- EVM Compatibility: Supports Ethereum-based smart contracts, allowing for seamless dApp deployment.
- TÜV Rheinland Certification: Validates the security and reliability of Ozone Chain’s cryptographic mechanisms.
$OZO is the native utility token of Ozone Chain, designed to support the network’s security, governance, and operations. The key utilities of $OZO include:
- Network Operations & Security: $OZO is used to support transactions, smart contract execution, and computational security across Ozone Chain.
- Governance Participation: Ozone Chain follows a decentralized governance model, where $OZO token holders can vote on protocol upgrades, security improvements, and key network policies.
- Quantum-Secure Transactions: The integration of Quantum Random Numbers (QRNG) ensures that $OZO transactions benefit from unpredictable cryptographic randomness, reducing vulnerabilities.
- Third-Party Security Certification: The Ozone Chain security model has been rigorously tested and certified by TÜV Rheinland, an independent global security firm, verifying its quantum-resistant cryptographic integrity.