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Operand - In mathematics, an operand is the object of a mathematical operation, a quantity on which an operation is performed.

In computing, an operand is the part of a computer instruction which specifies what data is to be manipulated or operated on, while at the same time representing the data itself.

In Operand, the transactional unit carries the execution methods and parameters that apply to the units of currency involved for that transaction.

Operand is programmable money that brings the utility of everyday banking features to the unbanked and underbanked and empowers their adoption through the automata of the Operand protocol.

Operand is a currency that functions as a seamless and embedded economic layer on the web that serves as the technological underlay for payments, decentralised exchange, digital asset invocation and transfer, and smart contract issuance and execution.

By embedding the instruction set of the transaction into the transaction metadata, the blockchain itself serves as the interpreter for programmed transactions.

Operand is therefore able to create utilities that already exist in consumer banking such as direct debit payments or even standing orders. But in addition to this, Operand is trustless and non-retractable whilst being fully accountable and transparent on the public ledger. The programmable aspect enables further security on every transaction as the clients must reach network consensus on the method of execution. Smart contracts can then be forged on all aspects of exchange.

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Operand separates financial services from a state regulated centralised system, to a user enabled decentralised system. Money is owned and controlled by the end user, government's have no power over your ownership of your money.

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Operand is re-inventing the banking system for the digital age. Transfer money globally in a matter of seconds, take your funds anywhere in the world. Use pre-constructed scripted templates that enable Smart Money Management. .

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Built for the digital age, operand is driven by trustless protocols that do not require trusting third parties. The small interest is maintained through capital costs of holding the currency in our system of Proof-Of-Stake. This is an alternative solution to the larger environmental footprint of operating Proof-Of-Work systems like Bitcoin where there is a tendency leaning towards centralisation as a result of coinbase rewards going to miners with best cost efficiency (Hashes per unit of electricity).

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Born and raised in London, he has always had an interest in the world of technology theorizing on how to revolutionize whatever he was interested in particularly. It wasn't until fellow members of his university's techsoc had spoken of bitcoin in his first year that triggered him to dedicate spare time outside his studies to extensively study and research cryptocurrency. It was through this that a wealth of concepts and ideas had been conceived with the hope to revolutionize aspects of the field that he saw could be improved upon or be introduced.

Now a recent first class graduate of Physics at Kings College London armed With the strong perseverance towards success that had been honed throughout his undergraduate course has decided to dedicate his time to fulfill the aims of Operand to the best of his ability with the aid of his team.

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Operand is an ambitious project with a very simple goal. To make money programmable and enable use cases outside of crypto that we currently see day to day in centralised banking systems. Several projects have their idea of how to realise Smart Contracts and Programmable Money, our vision involves building our own turing-complete scripting language in a trustless environment and of course decentralised.

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Bitcoin gave us a set of tools to build and explore the idea of programmable money. The protocol has been compared to TCP/IP in that it facilitates the transfer of wealth from party to party and the scripting ability is very much limited to applications of this, often with Multi-Signature transactions. Obviously, this is not an error and Bitcoin was designed this way for security, but what were left with is less programmable options on the blockchain.

Operand aims to improve on Bitcoins limitations, and interpret Programmable Money through providing users with choice. Operand will not be limited to the transfer of ownership alone. Infact, with OpCode you will be able to attach terms and conditions to the transaction. Ownership can be dependant on fulfillment of criteria or events. Furthermore, these attached conditions will be public and viewable on the ledger.

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Visit our website for instructions on how to get started and invest into the crowd fund.

www.operand.money

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BLOCKEXPLORER

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