Ren is an open protocol that enables the permissionless and private transfer of value between any blockchain. Ren's core product, RenVM, is focused on bringing interoperability to decentralized finance (DeFi). Ren was founded in 2017 and is headquartered in Singapore.
The retail industry loses approximately $500bln USD per annum*. OSA DC reduces this waste by uniting producer, retailer, and consumer with its blockchain-empowered solutions, all while fixing three major issues that hinder the retail industry today: inventory tracking on the blockchain will solve the problem of overstocking or understocking which costs retailers $400bln USD annually* the blockchain’s immutable ledger will provide more reliable product data and prevent business from abusing consumer trust OSA DC will cut back on product waste that results in a loss of $100 billion USD annually