Skip to main content

ORBIS: Harnessing the banking ecosystem

Image result for orbis bounty
Hello friends, thanks for supporting me through reading my article review. I promise to serve better by providing the most vital needed information as fast as possible in article reviews. However, in this edition of my article review, I will be giving out a brief overview of a project known as ORBIS which aims to harness the banking sector.
The traditional banking industry has in this past few years been confirmed as a centralized financial institution. This institute has placed a centralized management over the financial institution for a long period of time, the traditional financial institution has struggled so far to keep the system running not minding the shortcomings plaguing them which is as a result of the centralized nature of the institution.
However, technology is evolving, and our world is becoming more digitalized and this brought about the concept of blockchain and bitcoin in the early days of 2009. Bitcoin as a digital currency is currently revolutionizing the financial institution and surprisingly, bitcoin has gained acceptance in the world’s ecosystem.
Currently, the cryptocurrency market is calculable to be between $300-$800 billion.
However, despite the foremost growth of the cryptocurrency industry, it still shares one major drawback with the present existing financial system.

Errors plaguing the two financial sectors

One of the vital challenges facing the financial institution which has affected the two sectors is the slow transaction speed. The already existing banking system which is the traditional institution placed a lot of barriers in transaction especially when it comes to cross-border transaction. In some cases, it takes more than a day for a transaction to be confirmed. ).
I believe the traditional banking service shouldn’t be eliminated completely, the words need to come up with a way in which these two sectors can be utilized for a better banking experience for users. This has prompted the launching of Orbis which is initiating a solution.
Orbis is becoming the next generation banking system. which will be utilizing these two sectors. many of cryptocurrency projects and systems, like Bitcoin, Riple, Viacoin and many other, only offer virtual services but the ORBIS team is solving all the banking and cryptocurrency problems, establishing the first price-stable cryptocurrency, ORBS – utility coin.

INTRODUCING ORBIS

Image result for orbis bounty
ORBIS has seen the error and delay transaction has caused and the negative impact it has established which is why the team behind the establishment of ORBIS is launching a platform built on the blockchain which will facilitate transaction speed in every part of the words globe. ORBIS is a cryptocurrency platform that doesn't simply specialize in the utilization of cryptocurrencies.
ORBIS is extending its tentacles to the traditional fiat currency. Orbis team is establishing physical branches all around the world that will have self-service ATM machines and one of a kind virtual reality customer service desks which will automatically establish money deposit, withdrawal, transfer, payment and investment services.

Strategy

Image result for orbis bounty
Orbis wallet: The Orbis platform is also made up of a wallet which can be used for transactions. The ORBS token will be utilized for transaction. The ORBS token will be stored and secured on the Orbis wallet. The wallet is made up of a transfer token account, investment token account, savings account and finally IBAN fiat currency account.
Orbis exchange: Orbis has put in place a decentralized exchange platform which will be utilized in the buying and selling of Orbis coins. The exchange platform will be available for users who wish to convert Orbis coin to fiat currency. Orbis will be powered by two different token which is ORBS coin and ORBISInvest coin.
Decentralized desktop/mobile platform.: Orbis is launching a unique financial system far better than what we had in the past years. The platform will be available to everyone to transfer funds, invest and also receive loans for various businesses. Additionally, the platform is also designed with an attached AI VR customer service chatbot which will deliver assistance to users.
Orbis debit card: The Orbis platform is launching an IBAN debit card to users. Orbis card will make it easier for users to access their fund. Orbis card will also be utilized for deposits and withdrawals.

Project benefit

Accessibility
Cost efficiency
Ease to use
Transaction speed
Security

Token Details
Ticker
ORBS
Accepted Currencies
ETH, BTC, FIAT


Click on the links below for more information
ANN WEBSITE WHITEPAPER FACEBOOK TWITTER YOUTUBE TELEGRAM

Username: tochidavid
pofile link: https://bitcointalk.org/index.php?action=profile;u=2355893

Comments

Post a Comment

Popular posts from this blog

OPP open WiFi: Connecting the world

Hello, my dear friends, am always pleased to share with you promising ideas in line with the technological happenings in our generation. Just with a quick glance, one would easily pinpoint our generation has gone past the age of analogy to these present digital innovations ever recorded in the history of man. The advancement of technology in our time brought about the concept of the internet. Over the past few years, the internet has turned out to be an active part of our daily lives. 70% of individuals on a daily basis requires the accessing of the internet for one quest or the other. Billions of people currently are smartphone one users and this comes with a great need to browse the internet. The importance of WiFi to us cannot be overemphasized. Sadly, 70% of individuals find themselves in locations where they find it complex and almost impossible to utilize the WiFi network. In some areas of the world, the WiFi network is either unavailable or are placed under restriction where ...
Post a Comment
Read more

Extradecoin: A new dawn of online trading

Our world has gone digital, almost everything is done online. Some people might ask what is an online trade, I will be fast and brief in explaining what online trade is about and how it has impacted a lot in our generation. People have most frequently asked me how they can be partakers of the trending online transaction. What is online trading ? Online trading is basically the act of buying and selling products through an online trading platform. These online trading platforms are usually provided by Internet-based brokers and are available to everyone who wishes to make money from the online trading market. Nowadays, there is no need at all to go to a bank or post office, or even leave your house for that matter. People can now simple trade any type of goods online using their computer or any type of internet enabled phone. As I mentioned above, from the palm of your hand you can trade online using the latest online trading platform known as extradecoin. overview As we all kn...
Post a Comment
Read more

OPP(OPEN WIF)

Hello friends, welcome to this edition of my article reviews. Over the past few years, I took it upon myself as a selfless duty to provide the most useful information in my article reviews. In this article, I will explain about open WIFI hotspot network. It might sound trite, but our generation is rapidly and constantly changing and of course, technology has positively affected every aspect of our life. OPP Open is a community-based service that aims to form a global, free access to open WiFi hotspot network and reward every contributor for being a part of the goal. estimate of 2.5 billion individuals are smartphone users globally, 80% of them are active in social media. No doubt WiFi access has become a part of our daily lives but sadly 76% of individuals find themselves in a location where WiFi access is almost unavailable. People that stay in a location where WiFi is available, they still suffer from restrictions where they have to pay before gaining access to WiFi. The big ques...
Post a Comment
Read more