CBDC currency

EMPOWERING CENTRAL BANKS, EVERYWHERE.

Okanii tokenizes money isssuance at the individual 'coin' level.

Tokenize M0 (Central bank money) + M1 (Commercial bank money).

Okanii’s CBDC solution provides central banks will the perfect platform to address all their requirements and future needs.

cbdc tokenization

100

%

Scalability levels

Okanii 100x cost reduction

181

+

Different fiat currencies

Okanii asset types

100,000

+

Asset types on a single platform

Okanii on a global scale

MM/transactions/sec

On a global scale

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Okanii payment technology

Market Problems

CBDC problems related to Distributed Ledger Technology (DLT) architectures.

Central banks have been looking for ways to digitally issue legal tender directly without negatively impacting commercial banks. Historically, CBDC research has focused on how to leverage DLT technology as a cornerstone as it is open-sourced. However, DLT is not sufficient for retail-level commerce as it suffers from a host of problems.

payment problems

Unsustainable

DLTs are complex, cumbersome, and inefficient platforms (mining costs, consensus costs, transaction replication cost). Current Bitcoin energy consumption for 7 transactions per second is 180TWh annually.

Unsecure

DLTs record every single transaction in history on numerous databases. This creates multiple honey pot security issues regardless of status (permissioned/non-permissioned).

Transaction redundancy

DLT transactions are recorded multiple times on every full node. Bitcoin has over 12,000 full nodes, so every transaction is recorded 12,000 times.

Does it make sense to record a $1 transaction on 11,998 databases that were not needed?

Storage redundancy

Not only is recording every transaction inefficient, but the storage of every transaction since inception is inefficient. Each full node contains over 360GB of data and is continuously growing. This is unnecessary and creates a massive perpetual security risk.

market problems

Non-scalable

DLTs are not scalable due to the architecture chosen (mining, consensus, redundant nodes). Bitcoin only supports 7 TPS, Ethereum 100+ TPS, both grossly insufficient for global retail commerce.

Not real-time

DLT transactions are recorded on DLT blocks that are not created in real-time, and some DLTs require 6 blocks before providing 100% assurances. How will this work at a global retail level?

Single asset solution

DLT platforms are single asset solutions, as each platform has its own single product ie. bitcoin, Ethereum, Ripple, etc. The world has 181 fiat currencies and tens of thousands of other asset types. DLT was never designed to support all of these different asset classes of the tens of thousands of databases, billions of users, and trillions of transactions. It is simply not designed for the job.

Inflexible

DLT architecture combines money issuance/creation, payment facilitation, and clearing/settlement in one process. This combined 'single-tier' approach creates more problems than it solves.

the future of payments

Okanii DAT platform addresses Central Bank Digital Currency landscape analysis (money flower).

Our ubiquitous platform addresses all digital currency markets and also solves all problems within each market at global scale.

Digital

Central Bank Issued

Virtual currency

Bank deposits

Widely Accessible

Peer-to-Peer

Central bank digital currencies (wholesale)

Central bank digital currencies (retail)

Cryptocurrency (permissioned DLT)

Cash

Commodity money

Central bank reserves & settlement accounts

Central bank deposited security accounts

Cryptocurrency (permissionless DLT)

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Okanii
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Okanii cryptocurrency

Okanii's Digital Asset Technology (DAT) addresses the three core attributes of money and every requirement of those attributes.

ONE PLATFORM FOR THE FRICTIONLESS TRANSFER OF EVERY ASSET ACROSS EVERY USE-CASE.

Divisibility

Instant, free, frictionless.

Okanii privacy

Store of Value

Storage costs

Monetary costs.

Security

Theft, loss.

Security

Privacy.

Stability

of its purchasing power.

Monetary Sovereignty

Monetary / fiscal control.

cbdc solutions

Unit of Account

Liquidity

Timeless of exchange rates.

Transaction costs

Monetary cost, settlement risk.

Okanii tokens

Medium of Exchange

Reliability - online & offline

Blackouts, network interruptions, cyber attacks, resilience.

Ubiquity

P2P, B2C, B2B, future-proofed.

Convenience

Access/coverage, acceptance, speed of transfers, ease of use, weight.

Familiarity

Okanii Logo text
Okanii
CBDC currency solution
Okanii payment technology

Benefits

Okanii’s platform and modular flexibility not only provides both central banks and commercial banks with multiple options (single-tier, two-tier and multi-tier solutions), but it addresses all payment problems and supports all scenarios.

ONE PLATFORM FOR EVERY SCENARIO.

next generation payments

Low cost

95% cost reduction. Every transaction is profitable from $0.01 to $1B transactions.

Speed

Instant transactions, low latency, no reconciliation.

Secure

Quantum-proof individual tokens are unbreakable.

Scalable

10M+ TPS, global platform for all global assets.

Privacy

Each token is validated, not the person. Personal info is separated from the transaction. No fraud or identity theft.

Trust

Good funds guaranteed 100%, no counterparty risk.

Loyalty/Incentives

Affiliate programs, merchant digital cash, community currency, Event currency.

Flexibility/Future-proofed

Modular micro-services architecture provides limitless flexibility.

solving real problems in financial services

Convenience/User experience

Everything in one place, all transactions, receipts, points, etc.

Multi-asset

Ubiquitous platform. Individual self-contained tokens facilitate all assets all use-cases, all transfer technologies.

Bank owned & controlled

White-labeled platform, banks keep full control.

Micro-payments, IoT, gig economy

Untapped revenue streams in the trillions with dozens of use-cases.

Turn-key integration

Minimum integration effort for banks to deploy.

Open, secure APIs

Modern APIs secured with asymmetric cryptography.

Data-rich

Okanii platform supports programable data with each token.