OCTERA CIBBS© integrates blockchain as a distributed third entry solution for double-entry accounting and analyze the chain of financial activities between business entities in order to generate exception reports, facilitate audits and reinforce trust in the business ecosystem.
OCTERA CIBBS© is the first accounting platform to integrate distributed ledger technology in order to solve three main issues facing the existing accounting framework: trust between parties, revenue collection issues, and complex and expensive audit processes. OCTERA CIBBS© aims to be the one-stop solution for B2B and B2G.
OCTERA CIBBS© aspire to become more than just another accounting platform, but a future-proof comprehensive business framework to inter-connect B2B and B2G on a global scale.
In addition to the core-accounting functionalities that OCTERA CIBBS© already provides, we introduces a vast array of non-accounting business tools such as HR Management, Invoicing/POS and Payroll Management, Fixed Assets and Inventory Management, Business Intelligence, Linear/Non-Linear reporting using Artificial Intelligence, and Machine Learning.
OCTERA CIBBS© modular framework enables unprecedented flexibility in customizing complex business solutions which are designed precisely to tailor the needs of an organization, regardless of the type, size or geographical location, and with just a few simple clicks.
Due to its modular architecture, OCTERA CIBBS© can generate unique subscription models to fit any needs and budgets.
OCTERA CIBBS© is MVP ready and can be accessed online clicking on the the button bellow. In fact, we offer more than a prototype. CIBBS© Accounting Core is a fully-fledged functional accounting platform ready to be adopted right now!
What comes next?
Lack of real-world use cases in the blockchain ecosphere along with countless crypto projects failing to deliver has led to a lot of mistrust in the ICO as a form of reliable venture.
Octera Technologies is conducting a milestone-based ICO, structured in Stages with clearly-defined goals and achievable objectives.
We will never ask for more than we need and we will always enable a new ICO stage once we delivered on our current commitments.
The OT token is fully complied with ERC20 and ERC865 standards. Octera ICO platform accepts payments in ETH, BTC, LTC as well as Visa/Mastercard or bank transfers via Coingate.
KYC verification is mandatory for all Pre-ICO/ICO OT Token buyers. Please join Octera token sale as soon as possible as KYC verification may take up to 72 hours.
July 1, 2019 (01:00AM GMT)
August 31, 2019 (23:59PM GMT)
1 OT = $0.25 USD
ETH, BTC, LTC
80 OT ($20 USD)
Octera Pre-ICO token sale(ending 30 june 2019)
Octera CIBBS© AM & IMM modules development
Octera Pre-ICO token sale(ending 30 August 2019)
Octera CIBBS© TFM, MLM & OCA modules development
OT token listed on exchanges of various trading valumes
Octera CIBBS© TFM, MLM & OCA modules development. Digital ledger implementation
Strategic partnerships and alliances with key industry players
Octera CIBBS© FAMM, AMCM, Mobile Clients
Octera CIBBS© Marketing and PR kick of campaign
Octera CIBBS© Testing and Optimization
Octera CIBBS© official launch
Note: The development of the OCTERA CIBBS© Core Accounting platform started in mid 2016 and is already finalized and available at cibbs.octeratech.com. The OCTERA CIBBS© module development started in Q4 2018 and will be finalized by Q2 2020. The detailed platform development roadmap and list of acronyms are available in the Glossary section of the Octera Whitepaper.
A team of highly skilled and motivated individuals, vastly experienced in accounting, finance and information technology, and with one goal in mind: to bridge the gap with the future and make a positive impact in the world through science and innovation.
Chief Executive Offier
Clifford has more than 20 years of corporate and consulting experience across a wide range of roles in the areas of accounting and taxation, banking and finance and investment, marketing and accounting product design.
Before forming Octera Technologies, Clifford was the Founder and Director of Link2050 - a cloud-based accounting solution company for small and medium enterprises.
Clifford was also the Vice President of Intercontinental Trust of Mauritius. In this position, he was responsible for the development of the Australian and the Chinese markets with respect to offshore tax structures for companies investing in the mining industry in Africa. Before this role, Clifford was the Managing Director for the Mauritius Ltd Group - a company involved in the tourism sector in Mauritius.
earlier in his career, Clifford worked as a Senior Manager (Group Tax Division) in the Westpac Banking Corporation in Sydney, Australia and also worked as Tax Accountant at BNP Paribas in Sydney, Australia.
From Sept 2013 to Sept 2015, Clifford served as the Chairman of the Mauritius Institute of Professional Accountants, the regulator for the accounting profession in Mauritius, where he led the institute to become a full member of the International Federation of Accountants and also led the project to organize the 3rd Africa Congress of Accountants in 2015 in Mauritius.
Clifford holds a Master of Taxation Law from the University of Sydney, Australia, a Master of Commerce in Funds Management from the University of New South Wales, Australia, and a Bachelor of Commerce in Accounting and Finance from the Western Sydney University, Australia (formerly known as the University of Western Sydney). He is also a member of CPA Australia and a member of the Chartered Accountants Australia and New Zealand.
Chief Technology Officer / Head of R&D
Leonard has over 18 years of corporate experience in the fields of IT & Telecommunication, Software Development (frontend/backend), complemented by extensive experience in Business Intelligence, AI (machine learning, deep neural networks, big data analytics), Fintech and Blockchain Technology. Prior to co-founding Octera Technologies, he occupied positions such as Director of Technology, Head of Pre-sales Engineering, Customer Technical Advocate,
Subject Matter Expert, Lead and Consultant Engineer at Nokia and former Alcatel-Lucent, supporting all Telecom operators in Singapore and SE Asia for over 9 years. During this time, he also worked closely with Alcatel-Lucent Bell Labs on developing system automation, testing and optimization for various core systems.Leonard has extensive knowledge and experience in the fields of operating system (MS, Linux, Unix/SUN), software development (JS, Python, R), database design and programming (Oracle SQL, MS SQL, BigchainDB) IP and Optical networks (IPTV, NRS, Cisco, N-PSS, Huawei, 1830 PSS family, fAlcatel & fLucent families), blockchain and smart contracts development (Solidity) and AI – Machine Learning, Deep Neural Networks, Data Analytics (Tensorflow, Spark, Keras and Pythorch). Leonard has a Master of Business Administration at Anglia Ruskin University, Cambridge/UK; a Master in Neuro-Linguistic Programming; a Bachelor of Computer Science at University of the West, Romania and a Bachelor of Law at Vasile Goldis University, Romania. He is also a MCSA, MCSE, MCTS, NRS2, LPI, RHCA, CCNP, NRS2 certified. Leonard is currently a doctoral student in machine learning and deep neural networks at John Hopkins University in Baltimore, Maryland/US. Leonard is actively involved in the public arena through numerous public speeches worldwide, university lectures and workshops on financial technology, artificial intelligence, blockchain technology, IT & Telecommunications at National University of Singapore, NTUC Singapore, Amity Business Institute, etc.
Chief Software Architect
John is the global CEO of Riverdale Cloud International Ltd. He has previously served as the Managing Partner of Excella Software - an Internet business solution company.
Having two decades of business experience with him, he has been instrumental in making Riverdale Cloud Ltd. (www.cloudriverdale.com.au) - a global software development business with offices in Sydney (Australia) and India (Bangalore).
He holds a Bachelor Degree in Science from Bangalore University, a Diploma in Advanced Computing from Centre for Development of Advanced Computing Govt. of India.
His vision of Cloud computing started way back in 2008 inspired from the Gartner top 10 technologies.
John carries great success in providing cloud-based solutions that helps businesses to collaborate efficiently and effectively worldwide. His client-base has been across the globe and in various industries. John’s team has been instrumental in developing the different components which will make up the Octera ecosystem.
Prof. Patrick Ngumi PhD, PhD. has a wealth of experience in leadership, financial management, research and public policy which has over time created life time impact to institutions and personal networks. His career expertise spans across several competencies which include; research, policy development, policy analysis, strategic planning and execution, performance management, negotiation,
auditing, financial accounting, management reporting, supply chain management, financial analysis, costing, budgeting, grants management, resource management and training among others. He was the former Chief Executive of the Institute of Certified Public Accountants of Kenya (ICPAK)which plays the role of developing and regulating the accountancy profession in Kenya. ICPAK also plays a major role in public policy advisory in Kenya and the East African region. Dr. Patrick Ngumi’s skills in public policy analysis, research, leadership, financial and business matters are grounded on academic qualifications which include; PhD in Economics, PhD in Business Administration (Finance), Master of Arts in Economics, Master of Business Administration in strategic management, Bachelor of Education honors, Certified Public Accountant of Kenya CPA(K), Certified Public Secretary of Kenya CPS(K), Certified Investment and Financial Analyst of Kenya CIFA(K) and Chartered Institute of Purchasing & Supplies of UK, CIPS(UK). He is a member of the Institute of Certified Public Accountants of Kenya (ICPAK), Institute of Certified Public Secretaries of Kenya (ICPSK), Institute of Certified Investment and Financial Analysts (ICIFA), Kenya Institute of Supplies Management (KISM) and Kenya Institute of Management (KIM).
Head of PR & Media Relations
Marie-Noëlle Elissac-Foy has long been involved in the media and communication fields: first, as Chief Editor at La Sentinelle Media. Throughout her career, she has experience as a communication professional in various sectors (hotel, MBC TV & Radio, NGOs, professional firms, etc.).
She was also a lecturer in Public Relations, Media Relations and Communication for local private institutions, namely Charles Telfair Institute and MCCI Business School.
She crafts public relations strategies for small business owners, professional organizations and networks.
This unique initiative is currently gathering like-minded entrepreneurs, startuppers and anyone interested in entrepreneurship to foster inclusive business and to be a voice for SMEs issues in Mauritius. Marie-Noëlle Elissac-Foy is known in Mauritius for her drive to help people and businesses grow. She is also a regular spokesperson on leadership, women empowerment and SME promotion. She was recently featured on Lioness of Africa, an African online media, promoting promising women entrepreneurs.Mrs. Elissac-Foy is - aliated with/ a member of / connected to the following organizations: Mauritius Institute of Directors (MiOD), Association Mauricienne des Femmes Chefs d’Entreprises (AMFCE), Women in Networking, Women inTech Africa, Microsoft App Factory, Biz4Afrika.
Head of Database Development
Sandeep has more than 15 years of experience in software development, business analysis and CRM consulting. The last 10 years of this has been focused on the implementation, configuration, administration, development and ongoing support of Salesforce®. He has successfully helped many companies to map and improve their business processes and transition them to the cloud. Sandeep has led various teams to help companies confront and solve some of the toughest CRM issues today.
Sandeep holds a Master of Computer Applications and also a Bachelor’s in Computer Science from the University of Mangalore, India. He has a vast experience in database and application programming.
Head of Digital Marketing
Kevin graduated from the French university of Toulouse and has also studied in Newcastle-upon-Tyne (UK) and Ritsumeikan (Japan) universities. He has spent the last decade working in Asia and South-East Asia and his expertise is in the fields of sales, marketing and digital marketing for varied industries such as education, recruitment and more recently blockchain. The past few years, he dedicated himself to oer his consulting services for several ICO and blockchain projects.
. His thorough and methodical approach has helped several projects take o, while his service mind and creativity allowed these projects to position themselves as innovative and find solutions to an ever evolving blockchain industry. He is a believer that the fundamentals of blockchain technology (transparency, reliability) that will help transform the modern economy and shift the focus on value creation for the benefit of the masses.
Lead Researcher & Project Manager
Xinyue LEI is a Ph.D. candidate in the School of Electrical Engineering and Telecommunications at the University of New South Wales, and a visiting scholar in the Department of Physics and Astronomy at Macquarie University.
She received her BSs in Telecommunications Engineering from both Beijing University of Posts and Telecommunications (BUPT) and Queen Mary University of London with First Class Honors in 2015.
Timothy graduated from Murdoch University, Australia in 2009 with a Bachelor of Laws (LLB). He is called to the Singapore Bar and has over 10 years of experience in the legal industry, having worked both as an in-house counsel and as a practicing lawyer.
A corporate and commercial lawyer with immense experience providing legal and compliance advisory in Asia, Timothy’s legal practice focuses on data protection, ethics and compliance, mergers and acquisition, fintech and blockchain around the APAC region.
Advisory Board Member
Gilles is a barrister qualified in the United Kingdom and called to the Bar of England and Wales and to the Bar of Mauritius.
With over 15 years of experience in the field of corporate and commercial law, Gilles has advised a significant number of financial institutions and corporations in various transactions including cross border financing, corporate structuring, Mergers and Acquisitions and IPO’s.
Over the past years, Gilles has been directly and indirectly involved in blockchain related projects and activities. Gilles has participated in various blockchain conferences and holds a Certificate of Competency in Cryptocurrency and Disruption from the London School of Economics and Political Science.
Gilles also successfully completed a training course in Blockchain, the Cryptocurrency Market & ICOs, organized by Euromoney Learning.
Gilles is noted as a “Leading Lawyer in his field” by Chambers Global published by Chambers & Partners and is independently endorsed as a “Highly Regarded Leading Lawyer” by IFRL 1000. Gilles is also the former Vice Chairman of the Independent Review Panel of Mauritius, a statutory body set up to determine appeals lodged in respect of public procurement exercises.
Advisory Board Member
Monica is an accomplished Business Development Executive Manager with over 13 years of experience in the corporate and academic business sectors, owning MBA and LLM qualifications from the prestigious Anglia Ruskin University, Cambridge, U.K.
Her experience covers a variety of advisory and in-house industry roles, including academic global market research and penetration, sales and public relations strategies, institute industry interaction and corporate tie-ups - strategic alliances between industry and academia.
With an in-depth knowledge of Asian, North American and European markets, Monica has led and delivered more than 11 major global, regional, and local business development programmes and projects for different MNCs and Institutions.
Monica has valuable international experience, having worked for a variety of globally identifiable institutions including Amity Global Institute, Serial Microelectronics, Future Electronics, and BOSCH Communication. She is currently heading the Amity Corporate Resource Centre in Singapore which is the nexus of contact between Amity and the corporate environment.
A team player, she is able to work effectively with peers or staff at all levels, locally and globally, with high standards of personal integrity. Her ability to define problems, develop alternatives, and implement solutions has brought praise and respect from her current and previous employers.
Areas of Competency: Monica believes she can add significant value by identifying and addressing existing and prospective market opportunities, developing realistic market research and analysis and generating ideal product development ideas for each individual business opportunity; she has experience in mediating inter-branch conflicts, KPI/KPM analysis and performing account reviews; organizing conferences & seminars. Monica is a technology addict and blockchain enthusiast actively involved in organizing educational tech events in SEA in order to bring awareness on the emergent trends in technology and finance.
We are proud to announce OCTERA CIBBS© project nomination and company participation at the “The Block Challenge 2019” event in Singapore on 1st of March 2019 organized by Venture Capital Network Singapore - a capital investment firm that is also into listing & fundraising for qualified project who met strong due diligence criteria. Read more... The event aims to introduce the latest and most potent startups/projects around the globe and connect various prominent industry leaders, tech experts, C-level executives, investors/VC & Government representatives around the world. Among the organizers are Temasek Polytechnic Singapore, Inland Revenue Authority of Singapore, NTUC Singapore, SkillsFuture Sg, Keppel Corporation, Block Asia and more.
Octera Technologies introducing OCTERA CIBBS© – a uniquely modular and future-proof business framework that implements Artificial Intelligence and Blockchain Technology at its core in order to solve three main issues facing the existing Read more... accounting framework today: trust between parties, revenue collection issues, and complex and expensive audit processes. We were pleased to be invited to...
We are pleased to have our Founder & CEO – Clifford TO to be featured in an exclusive interview by “Humans of Blockchain™ – a space Read more... where the best and brightest are invited to answer a diverse set of important questions pertaining the future of blockchain and digital assets.
Clifford’s interview is part of a series that attempts to clear the air of doubt in the Blockchain space today by focusing on bringing more transparency to the readers and promote well-established projects that have a real-life applicability and are empowered by a strong team, mission and vision.
Please read the full interview with Octera Technologies Founder & CEO
Please read the full interview with Octera Technologies Founder & CEO here
Octera Technologies is proud to announce its participation at one of the most important events of the year: “WORLD AI SHOW – Artificial Intelligence, Machine Learning & Robotics” organized by Read more... Ministry of Technology & Innovation of Mauritius. What an amazing opportunity to meet world’s renowned data scientists, researchers and the world’s famous humanoid robot: Sophia!
Watch the interview with Sophia at World AI Show 2018 here
Bellow we provide a set of common questions and answers regarding our ICO, OT Token, CIBBS© platform and more. If you have any additional questions, please get in touch with us using the form bellow or join our Telegram channel.
An Initial Coin Offering (commonly referred to as an ICO), is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for Bitcoin, Ether, Litecoin and other cryptocurrencies.
The OT Tokens can be purchased using Bitcoin, Ethereum and Litecoin as well as Credit Card or bank transfer.
Click on "Join ICO" button on this page and follow the instructions on screen. Please take note that the KYC is mandatory in order to be able to purchase the OT Tokens.
Octera Technologies was founded in 2013 and since, has constantly delivered business solutions for countless clients worldwide. We have an experienced team, a clear vision & mission, a ready-built Octera CIBBS© Core Accounting platform and solid partnerships worldwide with key players in the industry.
Octera CIBBS© platform has a real-world use case and is not limited to the crypto-space only.
Unlike most ICOs offers for sale a large amount of tokens whether or not the project requires such large capital. Octera Technologies is conducting a milestone-based ICO whereby the amount of tokens offered for sale representing the sufficient capital required to complete the product goals and milestones stipulated in the Whitepaper. As mentioned in the Whitepaper, Octera Technologies will develop its own blockchain platform if the ICO hard-cap is reached. Otherwise, Octera Technologies will implement an existing DPoS solution on Octera CIBBS©.
Octera CIBBS© is not only an accounting software but its aim is to create a modular approach ecosystem which works seemlessly together with the security of Distributed Ledger Technology and harvesting the power of Aritificial Intelligence to help management take more informed decisions.
Distributed Ledger Technology (DLT) is a new technology which is fast evolving. Other established accounting software providers are heavily invested in their existing infrastructure, therefore, implementing blockchain in their current software may mean a complete overhaul of their current systems which may not be beneficial to their stakeholders.
Typically, a Minimum Viable Product (MVP) is a product with enough features to satisfy the initial customers, and provide feedback for future development. Octera CIBBS© Core Accounting is a fully-fledged accounting platform ready for market adoption and accessible for demo at cibbs.octeratech.com
Octera CIBBS© aims to go beyond the norm and become more than just another accounting platform. We believe blockchain technology is a game changer in the accounting industry. We aim to implement distributed ledger as third-entry on top of the traditional double-entry bookkeeping as a core distributed function on Octera CIBBS© platform. In order to distribute our system across multiple nodes for block validation, we require multiple parties to participate in the consensus mechanism therefore making extremely difficult to tamper with the data recorded in the general ledger thus making the ecosystem immutable and trustworthy.
The Post-ICO lookup period for OT Token is 6 months.
The Octera ICO jurisdiction of choice is Singapore.
Pre-ICO OT token sale starts on 1 May, 2019 and ends on 30 June, 2019.
ICO OT token sale starts on 1 July, 2019 and ends on 31 August, 2019.
40% bonus on weeks 1-2 of the Pre-ICO.
30% bonus on weeks 3-4 of the Pre-ICO.
20% bonus on weeks 5-8 of the Pre-ICO.
10% bonus on weeks 1-2 of the ICO.
5% bonus on weeks 3-4 of the ICO.
No bonus on weeks 5-8 of the ICO.
The minimum amount of tokens for purchase during the Pre-ICO period is 2000 OT Tokens ($500 USD).
The minimum amount of tokens for purchase during the ICO period is 80 OT Tokens ($20 USD).
OT Token is purely a Utility Token and its use is restricted to block validation inside the Octera CIBBS© ecosystem. For more information on this topic, please read Octera Whitepaper (Disclaimer section) and Octera Terms & Conditions available on the documents section on this page.
The OT tokens can be stored on the Octera ICO platform or transferred to any wallet that supports ERC-20 and ERC-865 token standards. For token holders that choose to keep their OT tokens on Octera ICO platform, we highly advise enabling the 2FA authentication for security reasons.
Generally speaking, the value of a token is highly speculative and the main catalyst is usually the way a project delivers on its commitments and market adoption. We highly advise every token buyer to do its due diligence and get familiar with Octera CIBBS© team, whitepaper and platform before deciding to purchase the OT Token. The OT Tokens can be held and used as nodes inside Octera CIBBS© ecosystem or can be traded on various exchanges once listed.
Negotiations with the various exchanges will start upon completion of the ICO with the aim of achieving a listing after the post-ICO token lock up period of 6 months is completed.
Octera CIBBS© stands for Octera "Complete Integrated Blockchain Business Solution" and represents Octera Technologies' flagship Core Accounting and Business Solution Suite available online upon request at cibbs.octeratech.com
Yes, Octera CIBBS© Core Accounting platform is available online at cibbs.octeratech.com and provides users with a set of exhaustive accounting instruments and comprehensive reporting tools.
Yes. Octera CIBBS© is the first platform in the world to include Accounting & Taxation for Fiat and Cryptocurrency.
Yes. Octera CIBBS© is implementing jurisdiction specific taxation models to facilitate automatic VAT/GST calculation and revenue collection by the respective financial authorities.
Octera CIBBS© is implementing a third-entry record via distributed ledger on top of double-entry accounting, and artificial intelligence for big data analytics, non-linear reporting and market analysis. Please refer to High-Level Design chapter of the Octera Whitepaper.
Octera CIBBS© will be ready for use by Q3-A4 2020. Octera Technologies is currently in an advanced stage of development for various accounting and non-accounting modules as presented in the Octera Whitepaper.