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AIBC

Free Trade in the Emerald City: OzFinance and Blockchain-based Free Trade Zones

Posted:Jun 27, 2022 09:27 Category: Blockchain , Crypto , Posted by
Kyle Galea

OzFinance Chief Architect Jin Gonzalez writes about the launch of the Oz Blockchain Protocol, explaining how they’ve leveraged blockchain technology to provide capital, credit, and community to its supported Special Economic Zones through DeFi services.

OzFinance: Connecting hubs of innovation through the Blockchain

Oz Finance leverages blockchain technology to provide individual and business residential status in one of its supported Special Economic Zones. By simply staking the Oz token, individuals and corporations can enjoy the benefits and opportunities that come with living and doing business in privacy-protected, zero-tax enabled, Special Economic Zones (ecozones).

An ecozone is an area within a country that is subject to different economic regulations than other regions in the same country. Taxes are lower, government processing is faster, and regulation is lighter, thereby offering a business-friendly environment to anyone who operates within the rules of the ecozone. Ecozones serve as an entry point for pioneering projects and businesses.

Approximately 5,400 ecozones exist in over 140 economies, with over 500 new ecozones added yearly. Although these zones provide regulatory cover and lower taxes, they lack the capability to provide credit, capital and larger market opportunities to businesses and projects that operate within.

OzFinance complements the needs of ecozones by providing capital, credit, and community to receive and share the benefits with its community; specifically privacy-protection, regulatory cover and tax-free operation. Oz aims to democratize ecozone benefits for all its members. Oz’s unique token structure and staking agreements simplify the onboarding process for individuals and corporations into ecozones, making associated benefits accessible to its members. Tokens are structured as investments into participating ecozones, thereby granting individuals the same benefits that traditionally would have only been available to high net-worth individuals and large corporations.

OzFinance’s first ecozone participant is the Authority of the Freeport Area of Bataan (AFAB) via its exchange GlobalTradeX, located at the center of Asia within the Philippines, a few hours from Manila. This partnership sets the gold standard for subsequent global ecozone partnerships in addition to democratizing ecozone benefits. The Oz team of recognized experts is led by Chief Strategist Jin Gonzalez, Capital Markets Expert Ramon C. Garcia Jr., Tech Operations Expert, Marco R. Urera, Tech Mastermind Lim Hui Jie, Ecosystem Architect Vincent Choy, and Ecozone Specialist Jonathan Shek.

If free trade is the backbone of the modern economy, Blockchain tech might be a vital pillar in its growth.

How to join the next generation of global entrepreneurs

To gain access to OzFinance’s network of Open Zone benefits, TOTOZ holders only need to stake their tokens for a minimum number of years and complete KYC requirements. The token is pegged to a fixed-dollar rate based on two simple packages: Individual or Corporation.

TOTOZ’s supply is capped at 8 quadrillion and it has unique tokenomics that reduces the supply of the tokens while increasing demand for its use; which is agnostic to price changes in the token, creating a perfect storm event for value increases. Oz’s roadmap is packed with a variety of new projects, including the launch of the Oz Blockchain Protocol, a bonding curve to accelerate community growth, and DeFi services to provide capital and credit to the ecozones and its members. Oz’s working projects also include integrating physical assets, NFTs, Metaverse applications into its ecosystem. Oz is capturing the full potential of decentralization by merging blockchain technology and crypto projects with real-world applications.

Bataan ecozone
With the Freeport area of Bataan being the first step, Oz Finance has a lot to look forward to.

Join us in Belgrade, Serbia from the 22-25th August:

With the peninsula being known for its natural beauty, rich cultural landscape and fantastic delicacies, the Balkans are renowned for having some of the most quintessentially Mediterranean vistas and experiences. From the Adriatic coastline of Split to the fairytale-esque castle of Lake Bled, the region has a lot to offer the world. This being said, something that fewer may know is the fact that the nations of the Balkans are incubating a nascent but powerfully growing technical expertise when it comes to frontier technology such as Blockchain, AI and more. Therefore the region may not only be a rich adventure into the past but my also serve as a window into the very near future.

Join us in Belgrade for the best the industry has to offer and for a window into the future of Deep Tech. To learn more about sponsorship and speaking opportunities or to inquire about attending the event, please contact Sophie at [email protected]

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