After a massive restructuring and takeover from a new shareholder, engineering firm DLF Holdings has rebranded itself as OIO Holdings, and is now carving out a space for itself in the growing blockchain industry.
OIO Holdings now consists of two main business segments, a consultancy arm known as OIO Singapore, and a staking platform business known as Moonstake.
How does Moonstake work? Basically, it operates what is known as a blockchain-staking pool protocol, which is a way for cryptocurrency holders to earn rewards by staking cryptocurrency they own. A staking pool aggregates digital assets from multiple token holders to increase the token holders’ likelihood of receiving blockchain validation rewards under the “proof of stake” (PoS) system.