Frequently Asked Questions

We've compiled a list of answers to common questions.


OVCODE is a cloud trust platform as a service company based in Zurich, Switzerland. OVCODE allows individuals, businesses, and developers to identity, authenticate, and verify digital data and physical items. OVCODE has operations in Switzerland, Philippines, India, China and South Korea.
OVCODE is a patented technology that integrates blockchain, digital signature and cryptography to achieve the least amount of risk and to create transparency.
OVCODE’s patented zero cycle latency algorithm assures security, accuracy and immutability of data published into the OVCODE network. OVCODE’s foundation is to provide tools for integrity, trust, and insight for all the data you own and receive.
OVCODE offers three main products: identity, digital signature, and digital seal.
OVCODE’s token is classified as a utility token with additional payment token characteristics. Utility tokens are tokens, which are intended to provide access digitally to an application or service by means of a Blockchain-based infrastructure. Payment tokens are tokens, which are intended to be used now or in the future, as a means of payment or acquiring goods or services or as a means of money or value transfer.
The OVCODE team has worked together for 8-12 years, creating award winning products and services under NEXTIX. The team has worked and deployed global solutions in Silicon Valley, Australia, China, South Korea, Hong Kong, Philippines, and Singapore.
OVCODE is a fully running system and has implemented real world use cases for identity, blockchain and digital signature for over 4 years now. It has a patented its technology in 155 countries. OVCODE is registered in Switzerland, a country that adheres to a policy of neutrality in global affairs, a perfect domicile for OVCODE to be a trust platform. The platform conforms to the United States (NIST) and European (eIDAS) standards for technologies. Also, OVCODE’s developer console enables partners and client to build their own platform with integration to their existing systems using OVCODE’s engine.
OVCODE is a cloud trust platform as a service company based in Zurich, Switzerland. We help individuals, businesses, and developers to identify, authenticate and verify digital data and physical items. With OVCODE, you have access to verifiable and tamper-proof eSignature and eSeal tools.
Yes, OVCODE is FREE. You only need to pay when you apply for a basic, standard or enterprise account.
Trust service is an electronic service that creates, validates, and verifies electronic signatures, time stamps, seals and certificates.
OVCODE is a patented technology that integrates blockchain to digital signature, cryptography and permanent storage.
OVCODE’s patented zero cycle latency algorithms assures security, accuracy and immutability of data published into the OVCODE Blockchain network.
OVCODE’s foundation is to provide tools for integrity, trust and insight for all the data you own and receive.
To verify existence of data, every single hash has an equivalent entry to the permanent storage assuring integrity of data published to the blockchain.
Both entries in the blockchain and permanent storage is an audit and proof of existence and integrity, thus, building trusted data.
Patents:
  1. OVCODE Patent – Server Computer System for Implementing Transformation of an Original Entity into a Verifiably Authenticable Entity in a Heterogeneous Communications Network Environment.
  2. Registration No. 4/2017/00006317 (Philippines)
  3. OVCODE Patent Pending (Korea)
  4. OVCODE Patent Pending (USA)
  5. OVCODE Global WIPO PCT, Geneva Switzerland – patent reservation date for 155 Countries globally
  6. One-click Patent – Method of Conducting a Workflow in an Electronic Transaction Platform System with Payment Distribution (Philippines)
Copyright:
  1. One-click Distribution – Certificate of Copyright Registration and Deposit
Trademark:
  1. Zero-Cycle Latency – Apparatus, Instruments and Equipment primarily comprising data processing components for authentication and verification in a heterogeneous communications network environment
There are 83,875,000 OVCs in circulation. For the last 2 years, we have seen multiple cryptocurrencies erratically change in value in a short period of time. Some of these coins are very entity dependent adding more value volatility. A number are backed with projects that are not fully finished and have no running real world use case.
OVCODE realized that we could not rely on third party Cryptocurrency. Thus, we decided to create our own Cryptocurrency called OVC, the utility token of the OVCODE infrastructure. The OVCOIN is focused on full regulation compliance, where trust and reliability are its core.
OVC tokens are available at LAToken.