Michael Ye's Colleagues at Ophir
Michael Ye's Contact Details
Ophir
Michael Ye's Company Details
Ophir is a platform that provides merchants and traders with easier access to gold transactions that live on multiple public blockchains and more so creating an ecosystem that brings back gold to the hands of its users. Its objective is to revert to the previous practice of placing gold as the standard value for transactions. Through these gateways, any individual with a connection to blockchains that Ophir supports will be given the freedom to move gold across borders within a matter of minutes. The OPR, Ophir's digital token, is backed by 1 gram of real gold per unit. The company has chosen gold as its equivalent value because of its practical hedge against inflation and versatility as a financial instrument. OPR transactions are fee-less, Sharia compliant, and transferable across blockchain networks with adequate internet and blockchain protocol access. Ophir has begun coordinating with relevant remittance partners to allow for withdrawals and remittances at a minimum of 500 grams per transaction.