Abstract

Bitcoin and other cryptocurrencies have been around for close to a decade. We have not yet gone beyond the early adopters (<1%) and taken off in masses. There are several challenges that we have identified for the same. We believe this is not just a technological scale challenge, but also a product and community challenge. This is what Opoch aims to solve.

For billions of users, Opoch is the mobile app that connects them with peers for exchanging fiat with crypto assets without any 3rd party intermediary. It is steered by its own open platform empowering developers to further propel the crypto ecosystem.

For businesses, Opoch offers a collection of Business Smart-Contracts (BSCs), helping them setup payment channels as desired. Payments thus solved globally, along with the Opoch gateway app, enable markets and opportunities that are non-existent currently.

At its Core, Opoch is a multi-currency cross-platform Mobile wallet with social recovery of private keys, helping everyone hold their digital assets securely themselves. All private keys are stored offline and only signed transactions are shared as required by Opoch and other applications on top of it.

Opoch brings Cryptocurrencies to the masses.

We also introduce Opoch token (OPCH), that has been envisioned for a three-fold objective

• To lubricate processes and drive utility on the protocol

• To incentivize participation

• To empower governance.