Trending...
- PACK EXPO Las Vegas Underscores Its Commitment to Sustainability
- Jones Sports Announces Enhanced Leadership
- Bay Miner Goes Global with Mobile Mining App for Everyday BTC, ETH & XRP Earnings
Decentralised finance protocol aims to disrupt traditional leasing industry through innovative NFT-based rental marketplace
NEW YORK - nvtip -- Okh Finance, a pioneering decentralised finance (DeFi) platform, has announced the upcoming launch of its native Okh Finance(OKKH) token, designed to revolutionise the global asset leasing and rental marketplace through blockchain technology.
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on nvtip.com
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
More on nvtip.com
Token Distribution:
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on nvtip.com
- Oracle Striker Foundation Unveils Revolutionary Football Talent Investment Platform
- Sanadatum(SDTM) Foundation Launches Revolutionary Health Data Economy Platform
- Bookmakers Review: Shohei Ohtani Leads 2025 TIME Athlete of the Year Betting Market
- New Ghost Kitchen Start Up Bible Empowers College Grads and AI-Displaced Workers
- OddsTrader Releases 2025-26 NFL Passing Leader Odds — Can Anyone Top Joe Burrow?
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
- Transaction fees
- Governance rights
- Staking rewards
More on nvtip.com
- Las Vegas Author's Debut Children's Book Inspires Kids to See Themselves as God Created Them
- Stäubli Robotics Visualizes the Future of Baking Inspection at IBIE 2025
- Genpak Increases Foodservice Packaging Efficiency for Emerging Restaurants
- Where You Play Matters: MrBet Decodes Europe's Complex Gambling Tax Rules in New Report
- $1 Million Equity Dividend Ignites Investor Frenzy as AI & Cybersecurity Titans IQSTEL (N A S D A Q: IQST) & Cycurion (N A S D A Q: CYCU) Join Forces
Token Distribution:
- 30% - Public sale allocation
- 25% - Ecosystem growth and community incentives
- Remaining 45% - Team, advisors, treasury reserves, and liquidity provision
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
- Website: https://www.okhfinanceokkh.com/
- Technical Whitepaper (PDF): https://www.okhfinanceokkh.com/assets/file/okh-whitepaper.pdf
Source: Okh Finance
0 Comments
Latest on nvtip.com
- Newport Heights' Most Coveted Coastal Estate
- A Quality 4.0 roadmap is now available!
- Bay Miner Unveils Crypto Mining App to Help Investors Seize 2025's XRP Compliance Investment Opportunities
- Arms Preservation Inc Offers Industry-Leading VCI Firearm Storage Bags for Superior Rust Prevention
- Final Clearance to Close Dura Medical Acquisition from Florida's Agency for Health Care Administration (AHCA); $750 Million Ketamine Therapy Market
- 30th Anniversary of the Netscape IPO, Behind the Scenes of the Web's Spectacular Success
- Case Study Uncovers Major Gap in Sliding Screen Doors
- Jones Sports Announces Enhanced Leadership
- Bay Miner Goes Global with Mobile Mining App for Everyday BTC, ETH & XRP Earnings
- PACK EXPO Las Vegas Underscores Its Commitment to Sustainability
- Databahn Reveals Smart Sales Agent for Strategic Account Plans
- Editorial Freelancers Association and Thurgood Marshall College Fund Announce Partnership to Advance Editorial Careers for HBCU Students
- ASI Showcasing Constituent Engagement Solutions at ASAE Annual Meeting & Spotlighting iMIS® Partner Marketplace
- LIB's Walk-In Environmental Chambers: Scalable, Specialized, and Built for Industry Extremes
- Introducing "Planet the 13th Night Market" a New Monthly Indoor Art and Makers Market Kicking-off August 13, 2025, at the Planet 13 Entertainment Complex
- Vitanergy Health US Inc. Launches Three New Women's Supplements in the US: Vegan, Clean-Label, and Made in the USA
- Boingo Emerges as the #1 Platform for Finding Real Estate in Mexico — Outpacing Traditional Portals
- Karapancev Law Welcomes New Associate Lawyers as Firm Expands Capacity
- eJoule Supplies Wyon Swiss Batteries High Performance Single Crystal Cathode Active Material
- Now Available for Booking, Appearances, Interviews, and Features: Atlanta Hip Hop Legend Steps Back into the Spotlight