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What is OZONE CHAIN(OZO)?

Basic information about OZO

Coin name:
Ozone Chain
Coin symbol:
Coin introduction:
What is Ozone Chain Ozone Chain is the world’s first Quantum Resistant Blockchain that has integrated bleeding edge quantum security technologies in its design. Ozone Chain believes in Quantum Secured Blockchain for solving the real-world concerns faced by Quantum Computers. Ozone Chain is a decentralized platform that enables developers to build scalable user-friendly dApps with low transactions fees without ever sacrificing on security. The most secured Blockchain which is EVM compatible and runs on proof of authority and IBFT protocols. Quantum Random Numbers from a laser source Lattice-based Post Quantum Cryptography Quantum tech tested and certified by TUV EVM Compatible Proof of Authority & QBFT Block time – 5 seconds Deploy Smart Contracts and Create Dapps Governance by voting Uniqueness of Ozone Chain Ozone chain uses quantum random numbers (QRN) and post-quantum cryptography (PQC) to make the blockchain quantum secure and quantum resistant. Quantum key distribution (QKD), in its current implementations has geographical limitations that constrain its usage within a few hundred kilometres. This is a huge drawback for a blockchain, where nodes need to be distributed globally and inter-node communications must span thousands of kilometres. Thus, an architectural decision has been made to use PQC for inter-node communications, while being quantum-resistant at the same time. Tests and Results The quantum security technologies used in ozone chain have undergone various standardized tests and have passed all of them. The tests have been conducted by TÜV Rheinland which is an agency that provides testing and certification services to ensure the safety, quality, and performance of cybersecurity products and services, including quantum security solutions. Entropy test Diehard tests NIST tests Ozone's QRNG has also passed the NIST SP 800-22 tests, which is a test suite standards by National Institute of Standards and Technology. NIST SP 800-22 is a statistical test suite for random and pseudorandom number generators for cryptographic applications. • Frequency (monobit) test • Frequency test within a block • Runs test • Longest run of ones in a block • Binary matrix rank test • Discrete Fourier Transform (Spectral) test • Non-overlapping template matching test • Overlapping template matching test • Maurer's "Universal Statistical" test • Linear complexity test • Serial test • Approximate entropy test • Cumulative sums (Cusums) test • Random excursions test • Random excursions variant test How many OZO coins are there in Circulation? The total and maximum supply is 1 billion OZO. 300 million OZO is in circulation already. The locked OZO supply is distributed over 36 months. Ozone Chain - A Future Ready Quantum Blockchain Building resilience against future threats is key to ensure that vital parts of the blockchain and cryptocurrency economy keep thriving. The issue is that investments for protection from medium to long-term risks are somewhat natural to overlook or dismiss, given more pressing present issues, and the costs may not seem immediately justified. It often takes some bad incidents to incentivise the necessary proactive steps. While blockchain technology prides itself in providing a trustless system upon which the economy of digital currencies and assets operate, the underlying security mechanisms still rely on classical cryptographically processes, thus necessitating a certain level of trust in them. Ozone chain has assimilated quantum mechanical properties into its system, thus removing the trustful component of the security subsystem in blockchain, with ambitions of migrating towards of a truly trustless blockchain.
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Current Price:
All-time high:
$0.485077
All-time low:
$0.060046

OZO Supply Info and Tokenomics

Circulating supply:
947M
Total supply:
1,000M
Max supply:
1,000M
Market cap:
$124.857M
Fully diluted valuation:
$131.755M

Related Links

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What is the outlook and future value of OZO?

The current market cap of OZO is $124.857M, ranked 360 in the market, showing that the market already recognizes the value of OZO. When a bull market arrives, the market cap of OZO may continue to grow.

Moreover, if OZO can play a greater role in real-world applications—such as if the Monero developers can fully empower OZO and establish partnerships with more business partners to expand its user base—then the long-term value of OZO will be further enhanced.

What is the price of OZO in 2027?
According to the historical price performance prediction model of OZO, the price of OZO is expected to reach $0.138342 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get OZO?

Purchasing OZO with cash is not the only way to obtain OZO. If you have enough time, you can get OZO for free.

Learn how to get Hot rewards for free with OZO.

Earn free OZO by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get OZO airdrops for free.

All crypto airdrops and rewards can be exchanged for OZO through LBank spot trading.

Buy OZO starting from $1

What is OZO used for and how to use it?

The use cases for OZO may grow with the development of the crypto market and project progress. Currently, you can use OZO to:
Arbitrage trading of OZO
OZO is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many OZO trading pairs to suit your needs.
Earn yield with OZO
You can also lend out OZO or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your OZO gains.
Send or pay with OZO
If you want to pay someone with OZO, you can easily and quickly send OZO to them using their receiving address.

You can also visit the official website of Ozone Chain to learn more use cases of OZO, such as whether the Ozone Chain project supports community/eco apps or buying physical or virtual goods with OZO.

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