Introduction
What is OWL Project?
In today's world, where people are living into their 100s, the aging population and environmental factors contribute to various adult diseases and conditions. This is fundamentally caused by global issues such as soil pollution, environmental pollution, marine pollution and the lack of proper dietary management. OWL project uses blockchain technology to track the origin of raw materials and the year, month, and date of production of a product, and can verify its efficacy anytime, anywhere. OWL is a token used in the process of preparing for a healthy 100-year-old life by focusing on 13 areas that humans pursue in the healthy old age or Yold (young elderly) industry. It aims to introduce a ‘ubiquitous’ payment system that exists anytime, anywhere.
The project is based in Singapore. It has been launched to support research and development in these areas, including the production and distribution of raw materials for pharmaceuticals, food ingredients and products. It aims to create products that are easy, safe, and effective for people around the world to consume.
The OWL project will allow users to track the origin of health food ingredients and the production history of products. Furthermore, the project plans to offer an advanced financial service where both fiat currency and cryptocurrency can be used simultaneously in the near future.
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