Short Description
Enterprise and existing business applications looking to use blockchain technology to compete on verifiable trust.
Basic information
- Name of the Project: Orbs Network
- Ticker of Token: ORBS
- Country of Project Incorporation: Israel
About
Orbs is a public blockchain infrastructure designed for businesses looking at trust as a competitive strategy. With blockchains as the new standard for impartial third-party source of verification, solutions can give strong guarantees that will make them more attractive to their users and ecosystem partners. To accommodate business needs, Orbs is pioneering a hybrid consensus architecture, keeping businesses in control of costs, governance and guaranteed performance, while still capturing the disruption of a truly decentralized Proof-of-Stake ecosystem with a permissionless validator pool. The first of its kind two-tiered consensus overcomes one of the largest hurdles in mass adoption of public blockchain networks and paves the road to migration from private-permissioned DLTs to truly decentralized permissionless blockchains. Orbs’ other notable technological innovations include Randomized Proof of Stake (RPoS), which brings horizontal scalability; and blockchain virtualization, allowing isolation, customization as well as low and predictable subscription-based fees for developers. Founded in 2017, Orbs is being developed by a dedicated team of more than 50 people out of its offices in Tel Aviv, Israel; San Francisco, California, Singapore and Seoul, South Korea. Orbs was named Gartner's “Cool Vendor in Blockchain Technology” for 2018.
Details
- Total Supply: 10,000,000,000
- Tokens in Circulation: 2,566,666,667
Other Information
- Official Website: https://www.orbs.com/
- Permanent Link to White Paper: https://www.orbs.com/white-papers/
Disclaimer
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.
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