OCTUS - Company Overview | OCTUS - company overview

Dear reader

Last week, I met one of my college friends at a hotel after a very long time. Because we both have time, we start chatting about various topics like
family, work, health, finance, etc. Of all the topics that we discussed, the most interesting thing was about the OCTUS project campaign, He explained how it works and what happens in the future. Given below:
Nowadays, people who work in cryptocurrencies need an efficient and secure transfer of these cryptoactive assets. Although each blockchain allows you to send and receive tokens, it is also known that each send allows you to perform only one transaction at once and manually. For example, if a company needs to make multiple and simultaneous dispatch to motivate all of its 5,000 employees by giving them a crypto bonus, this manual operation will take too much time and the risk of error will be high. That is why it is necessary to develop a system capable of processing automated and secure crypto-active distribution using an easy-to-use interface. This idea would create a very simple massive cryptoactive access to everyday life. And here, the Project Octus Network system was created.

Octus is the first cryptographic project for the mass and automated distribution of tokens of the most popular and well-known blocks, such as Bitcoin, Ethereum, Bitshares, NEO, NEM, Waves and others. Being a decentralized tool, everyone can use it to spread crypto-conversions to the list of wallets of their choice in an automated, controlled and secure way.

As soon as Octus covers a blockchain like Ethereum, it also covers all ERC20, ERC233 tokens created on this platform, so they can be massively sent by thousands of tokens created on the same platform. Octus covers all assets created on waves, NEO and many other block chains, so it will have a strong influence on the blockchain world. In the near future, it is possible that Octus will become one of the most popular programs.

Any user can download the OCTUS application onto their personal computer. The user must select any of the blockchain chains available from the application list for the distribution. OCTUS synchronizes the blockchain or prepares smart contracts to be executed. The user must pay 100 OCT (Octus tokens) in the application as a tax for each distribution made. If each token costs $ 0.5 at the moment, and its cost rises to $ 1, the payment will decrease to 50 Octus tokens. Those paid tokens will be reserved for the project wallet and will remain there for 3 months and then released for reuse.

After OCT tokens were sent for using the application, the system itself will check the entire list of wallets in formats such as CVS, or JSON. Each wallet will be checked before sending in a processed form to check the token or coin to send. The system will ask the user how quickly the submission is required, and then the fee will be calculated. The Octus system should have enough gas to ship. The system will begin processing and display the results in real time. At the end of each distribution of tokens, the system will display a report with the results.

History in the field of cryptocurrency shows that sometimes attackers and simply bad people try to seize access to computer and postal services in order to convince people that they have to send money to the wrong address. It could be social engineering. Octus will use all security measures to prevent possible attacks. Project participants should make every reasonable effort possible and follow all instructions from Octus to make sure they are dealing with the correct address of the contract.

Project roadmap:

The project team:

Project contact information:

Website: https://www.octus.network/

Whitepaper: https://www.octus.network/whitepaper-v1_0_23.pdf

Bounty BTT: https://bitcointalk.org/index.php?topic=5059766.0

ANN: https://bitcointalk.org/index.php?topic=5054259.msg47096465#msg47096465

Twitter: https://twitter.com/octusnetwork/

Facebook: https://www.facebook.com/octusnetwork

Telegram: https://t.me/octusnw
Author: standout321

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1756728

My Ethereum wallet address: 0x495A548499e336311Dec1219b9Fa34df00769c13