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Ozone Chain Overview
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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
$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. Validators and network participants must stake $OZO to secure the network, aligning with the PoA and IBFT consensus mechanisms.
- Governance Participation: Ozone Chain follows a decentralized governance model, where $OZO token holders can vote on protocol upgrades, security improvements, and key network policies. Token holders can also propose changes to staking mechanisms, fee structures, and validator selection criteria.
- Quantum-Secure Transactions: The integration of Quantum Random Numbers (QRNG) ensures that $OZO transactions benefit from unpredictable cryptographic randomness, reducing vulnerabilities. Post-Quantum Cryptography (PQC) ensures that transaction signatures and wallet encryption remain resistant to quantum decryption threats.
- 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.
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Learn About Ozone Chain
Why Developers Keep Building on Ozone Chain
It doesn't have Solana's marketing budget. Or Avalanche's pre-existing user awareness. At $0.1298 per OZO, Ozone Chain's market cap is $123 million. Daily trading volume sits at around $211,000. Despite lacking the hype of other projects, Ozone Chain continues to earn developers' attention. For organizations that care about quantum-resistant security on a blockchain that lets them click compile and deploy with Remix and MetaMask, there aren't many stacks like it.
Ozone Chain Market Data
The live Ozone Chain price today is $0.13 USD with a 24-hour trading volume of $72,442.25 USD. We update our OZO to USD price in real-time. Ozone Chain is up 1.10% in the last 24 hours.
The current market cap is $125,470,631.98 USD, ranking #181 by market capitalization. The circulating supply is 960,933,314 OZO.