The OCB is used as a medium of payment and as an asset for trading crypto/fiat pairs as well as use with digitized Forex and stocks from a wallet.
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The OCB token will be launched following the finalizing of several banking partnerships.
The OCB smart contract will hold OCB tokens.
Due to the current lack of strong publicly available and audited stable coin options, OCB has pursued establishing our own stable coin on the Ethereum network.
However, we will look at the evolution of Ethereum network following the implementation of various scalability solutions and if the newer Proof of Stake model does not significantly improve costs and scalability on the network then OCB will either use a different network such as EOS and/or will use an external stable coin solution if a strong option with real time audits