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June 05, 2018, 01:21:57 AM |
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2O continuum Co., Ltd has been applying for the patent as below about issuing the cryptocurrency that is able to use in real life, providing cyptocurrency as a reward, O2O Service platform and the composition method of circulation ecosystem for using cyptocurrency conveniently and safely.
The title of invention is “ The method and system to distribute the cryptocurrency by using a personal information” the application number is 10–2018–004887(2018,04,27) and The first inventor is Kim Sungsu who is CEO of O2O continuum Co.., Ltd and the applicant is O2O continuum Co., Ltd.
This invention is as the follows
1. Issuing the cryptocurrency based on ERC20 protocol of Ethereum block-chain.
2. Providing the cryptocurrency as a reward of using a personal smart sensor information to get the consent of users by the smart contract and decentralization application.
3. distributing and saving the personal smart sensor information by using the block-chain technology.
4. Based on the predictable data by Analyzing data through AI(Artificial Intelligence), creating the customized service design for personal or company.
5. providing the cryptocurrency as a reward of receiving the advertisement from companies.
6. combing QR code based on the electronic payments system, credit card, deposit card or mobile bard code payments system with the cryptocurrency payments system to use the provided cryptocurrency and operating the cryptocurrency payments method.
7. In using the the cyptocurrency, It is the O2O service platform including “cash to coin” and “coin to cash” and the composition method of circulation ecosystem.
The technologies to be used in O2O service platform are SNS, GPS, IoT(Internet of Things), Healthcare wearable, IoB(Internet of Biometry), Platform, Cloud, Big Data, AI(Artificial intelligence), Service design, Fintech, Blockchain. A business model and the application of real life under the O2O industrial environment of the filed of B2C will be come true by the smart contract and making the decentralization application in the O2O service platform to be optimized by the above fusion technology.
O2O service platform is composed of 4 platforms.
1. The first platform is the data pool platform to make the customizing service design that personal and company needs based on the predictable data through analyzing data by AI(Artificial Intelligence)
2. The second platform is the exchanging platform to exchange cash to coin or cash into token for providing the cryptocurrency for the individuals, companies and institutes that gets a customizing service design and for individuals of accepting a advertisement information.
3. The third platform is the cyptocurrency payments platform to combine QR code based on the electronic payments system, credit card, deposit card or mobile bard code payments system with and operate for using the received cryptocurrency.
4. The fourth platform is the exchanging platform to exchange coin to cash or or token to cash for exchanging the cryptocurrency into the commodity money.
These platform is based on ERC20 protocol of Ehtereum Blockchain platform and is been operating by the smart contract and decentralized application.
If we look the effective side of this invention, in case of issuing a new cryptocurrency based on the blockchain, we can create the ecosystem to distribute this cryptocurrency and It can create the processed information to be fit with the customers by using the private smart sensor information and get the commodity money from the customers(companies) by using the processed information for securing the cryptocurrency for users who provide their private information. this is able to make the environment to distribute the cryptocurrency by leading the individuals and companies into the cryptocurrency ecosystem. we are expecting the increasing use of cryptocurrency because we have the exchange platform to exchange the commodity money into the cryptocurrency or exchange the cryptocurrency into the commodity money. this will offer convenience to the customers.
The economic profit of increasing the value of cryptocurrency by increasing of the cryptocurrency’s use in real life on O2O service platform will be shared not only with the investors who invest the service platform but also with all companies and individuals to participate in this O2O service platform. this really can make the Sharing Economy. The business additional profits are supposed to take the profit of commission, the profit of manufacturing and selling the smart sensor and hardware based on communication equipment and the profit of advertisement based on the serviced design. we are expecting to make a lot of business models that create the company’s value through O2O service platform.
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