Fintech Hub

Fintech Hub

FINAZ IS IN COLLABORATION WITH OMC GROUP SDN BHD, THE DEVELOPER AND MANUFACTURER OF OMC BLOCKCHAIN POS TERMINAL (OMCOIN MINING MACHINE) WHEREIN FINAZ SHALL ACT AS THE MARKETING CONSULTANT FOR ITS OMCOIN MINING MACHINE

BEFORE GOING INTO WHAT OMC GROUP SDN BHD’S (OMC GROUP) AUTHORISED PROOF OF CAPACITY (APOC) IS ABOUT, A BIT OF HISTORY IS NEEDED. BLOCKCHAIN WAS INVENTED IN 2008 TO SERVE AS A PUBLIC TRANSACTION LEDGER FOR THE BITCOIN PROTOCOL, WITH THE ORIGINAL CONSENSUS ALGORITHM USED TO VALIDATE, AUDIT, STORE AND SECURE THESE TRANSACTIONS KNOWN AS PROOF OF WORK (POW). LATER, PROOF OF STAKE (POS) WAS CREATED AS AN ALTERNATIVE TO POW, WITH THE ETHEREUM PROTOCOL AMONG THOSE TRANSITIONING TO POS.

THE FIRST MINER OR NODE TO SUCCESSFULLY SOLVE THE PUZZLE THEN GETS REWARDED, FOR EXAMPLE WITH BITCOIN OR ETHER IF MINING THROUGH THE ETHEREUM PROTOCOL. THE PROBLEM WITH NODES USING POW IS THE AMOUNT OF COMPUTING POWER NEEDED TO SOLVE THESE PUZZLES, WHILE THOSE USING POS HAVE TO STAKE THEIR PROJECT CRYPTOCURRENCY TO VALIDATE TRANSACTIONS. TO SOLVE THE NEED FOR USING HUGE AMOUNTS OF COMPUTING POWER, WHICH NEEDS LOTS OF ELECTRICITY, PROOF OF CAPACITY (POC) WAS CREATED. POC IS A CONSENSUS ALGORITHM ALLOWING MINERS TO PRE CALCULATE THE ANSWER OF THE PUZZLES AND STORE THEM IN THE HARD DRIVE.

PANPAY

PANPAY IS IN COLLABORATION WITH BEEKASH AND OMNIPAY AS A PAYMENT GATEWAY WHERE NUMEROUS TRANSACTIONS INCLUDING PAYMENT OF UTILITIES BILL, TRANSFER OF MONIES, AND OTHER FINANCIAL SOLUTIONS. PANPAY IS THE COPYRIGHT AND INTELLECTUAL PROPERTY OF PANTOP CORPORATION.

E-COMMERCE

QMIS Beekash (M) Sdn. Bhd. is in a collaboration partnership with Beliloh, Rojakkk!, EzyMart, Massatty, Yikbz, Prestodreamhome, just to name a few, all powered by Richwood Ventures Berhad to provide a safe and comfortable online shopping experience to the customers, with a wide spectrum of products and great bargains to suit different needs.

Mobile Commerce . Electronic Fund Transfer . Supply Chain Management . Internet Marketing . Online Transaction Processing . Electronic Data Interchange (EDI) . Inventory Management System . Automatic data collection centre

Important Message

Our official website for “Richwood Ventures Berhad” as below:

i)               richwoodvc.com

 

All Customers are advised to only deal with the authorised Management of the Company. All Customers are also advised not to deal in any monetary transactions to third party accounts and only deal with the authorised accounts of the Company.

 

In the event of uncertainty, kindly call our office at Puchong to clarify.

 

Kindly note that the Company does not acknowledge any unauthorized websites or social media websites created by third parties nor does the Company acknowledge or recognize any payments made to any third party's account. The Company shall NOT be in any way whatsoever responsible or liable for such websites and/or payments made to third party accounts.

 

We look forward to a long and lasting mutually beneficial relationship with all Customers.

 

Thank you and have a good day.