On the Yellow Brick Road to Oz — The 4 Pillars of Oz

5 min read
April 5, 2022 by
Oz Living Services, Inc.



Project OZ (Open Zone) is a unique project linking blockchain technology with real world living, and we do that by partnering with ecozones around the world to confer real world benefits to our users, wherever they may be staying in the world.

Oz consists of four (4) core elements all stitched together to create an ecosystem centered around Open Zone Living and these are:


    

     


Residency:

One of the core elements of Oz is our ability to grant our users residency. And not just any residency, but residency that is privacy protected, with low taxes, and with the freedom to invest in and create value with digital assets. We do this by partnering with ecozones around the world, bringing community, investments, and innovation in exchange for privacy protection, low taxes, and recognition for digital assets.

Technology:

On top of the development and deployment of the Oz blockchain, Oz will also be providing users and project owners with easy to use, simple and effective blockchain technology solutions built upon our proprietary Oz blockchain protocol, providing the technology foundations on which ecozones and projects can rely on. Smart contracts, DAO, and other innovations will be developed within regulatory sandboxed environments partnered with global ecozones.

Governance:

The use of governance tokens is a central concept of a decentralized ecosystem, as they allow for user control, which holds true to the original cryptocurrency ideals of decentralization and democratization. While governance tokens allow users to vote for and influence the rules in a blockchain protocol and defi environment, the application of governance tokens to real world living is limited. With Oz, we hope to change that by allow our users to participate in shaping their living environment in our partner ecozones with governance tokens. The challenge is in designing governance and voting principles that take into account collective intelligence to make the best decisions for the community.

Adoption:

A blockchain protocol is only as valuable as the use cases that are built on the technology. Oz is creating a use case ecosystem by initiating and partnering with all manner of blockchain and digital asset related projects in the industry. With an open collaboration philosophy, Oz is inviting all manner of projects that wish to implement blockchain technology, and/or execute within the environments of an ecozone to work with Oz. Soon, Oz would be developing investment and acceleration capabilities to help take innovative and promising projects forward.

About Oz Finance:

Oz Finance brings together a worldwide network of special economic zones, linked through its TOTOZ utility token, creating global economic residency and business opportunities. By staking TOTOZ, users attain residence status in the economic zones for individual or business residency based on the volume of the stake. Oz is currently building its own blockchain protocol alongside decentralized finance (DeFi) services to provide capital and credit to the members of its community and to participating Ecozones. Additionally, Oz is working on several ambitious projects to integrate NFTs and Metaverse applications into its ecosystem. Find out more: https://oz.finance/

Keep abreast of the latest happenings by joining our socials:

Facebook: https://www.facebook.com/OZ-Finance-100740515340717

Twitter: https://twitter.com/OZ_finance

Telegram: https://t.me/ozfinance

Discord: https://discord.gg/mzCvUvsxxK

YouTube: https://www.youtube.com/channel/UC46b_7afcP6newyBg1_D7Qg

Reference: https://medium.com/@ozliving/on-the-yellow-brick-road-to-oz-the-4-pillars-of-oz-89261d6d7d66