Popular on Rezul
- Honoring Black History, Culture, and Community in Fall River - 105
- Token-Operated Sake Service Opens at Tobu Nikko Station - 102
- Cheryl Hines' Trailer PROWLING to Sardinia
- Integris Composites Joins Paris Air Show at USA Pavilion
- Real Estate Buyers and Sellers Marry The Home Date The Rate
- New Study Reveals Nearly Half Of TikTok Shop Stores Generate Zero Sales Despite Platform's $100 Million Black Friday Success
- Global Court Momentum Builds Against Forced Psychiatry; CCHR Urges U.S. Reform
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
- Mensa Foundation Prize Awarded to Neuroscientist-Pianist
- Holiday Inn Express North Hollywood Burbank Area Announces Conversion to Hampton Inn North Hollywood
Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
Rezul News/10707993
Decentralised finance protocol aims to disrupt traditional leasing industry through innovative NFT-based rental marketplace
NEW YORK - Rezul -- Okh Finance, a pioneering decentralised finance (DeFi) platform, has announced the upcoming launch of its native Okh Finance(OKKH) token, designed to revolutionise the global asset leasing and rental marketplace through blockchain technology.
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on Rezul News
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
More on Rezul News
Token Distribution:
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on Rezul News
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
- Transaction fees
- Governance rights
- Staking rewards
More on Rezul News
- Colbert Packaging Announces WBENC Recognition
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- CompStak and Faropoint Unveil Report on Small-Bay Industrial Real Estate Trends Across Nine Markets
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
Token Distribution:
- 30% - Public sale allocation
- 25% - Ecosystem growth and community incentives
- Remaining 45% - Team, advisors, treasury reserves, and liquidity provision
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
- Website: https://www.okhfinanceokkh.com/
- Technical Whitepaper (PDF): https://www.okhfinanceokkh.com/assets/file/okh-whitepaper.pdf
Source: Okh Finance
0 Comments
Latest on Rezul News
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Allegiant Management Group Earns TrueMatch Verification from PropertyManagement.com
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Coming soon to the market in Otsego, MN
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- Sweetbriar Homeowners Association Chooses Corner Property Management AAMC for Oversight & Management
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S