OVEIT
The problem: There is no easy and reliable way to set up closed loop economies and payments. Closed loop economies can empower ecosystems, from festivals, to venues, to smart cities. However, setting this type of systems has been historically expensive and hard to implement, given the cost of hardware, security concerns. As globalization extends, a new way of empowering local economies needs to be used. We think we can do this with our closed loop payments system, which is based on a combinati... on of private and public blockchain and uses machine learning algorithms for fraud detection and prevention. From a consumer point of view a local closed loop economy can now be easily set up by just starting an account online and downloading a mobile app. Our solution: Oveit provides a closed loop payments solution for businesses, events or local governments. With Oveit they can easily become a local payment processor, getting access to local payment processing, decreasing costs, improving revenue and gaining data insights. We use a combination of private and public blockchain, in order to secure and distribute data. On demand, we allow customers to access their data. They can see how funds are used and how they interact with to the ecosystem's vendors, marketing sponsors and more.
OVEIT
Industry:
Artificial Intelligence Biometrics Blockchain Computer Vision Facial Recognition FinTech Payments Software Ticketing
Founded:
2016-01-15
Address:
Austin, Texas, United States
Country:
United States
Website Url:
http://www.oveit.com
Total Employee:
1+
Status:
Active
Contact:
650 319 7337
Email Addresses:
[email protected]
Total Funding:
603.89 K USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible Google Font API Google Analytics WordPress Google Universal Analytics Font Awesome Domain Not Resolving Apache Wordpress Plugins
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Current Employees Featured
Founder
Investors List
SeedBlink
SeedBlink investment in Seed Round - Oveit
Clever Capital
Clever Capital investment in Seed Round - Oveit
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http://www.oveit.com Semrush global rank: 1.84 M Semrush visits lastest month: 12.22 K
- Host name: 46.101.108.54
- IP address: 46.101.108.54
- Location: Frankfurt am Main Germany
- Latitude: 50.1188
- Longitude: 8.6843
- Timezone: Europe/Berlin
- Postal: 60313
