Singapore-based company oBike will issue its own cryptocurrency

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A pathbreaking Singapore bike rental company plans to launch its own virtual currency oCoins, which will allow bike rental users to pay for the company’s services electronically.

The company plans to enter into a partnership agreement with the TRON platform to bring oCoins to the market. Users of the application will be able to pay for bicycle rental and replenish their wallet using the oBike application. In addition, users will generate oCoins riding on oBike – the more they ride a bicycle, the more they earn.