ORBIS offers a platform that will make it easier to operate instantaneously and without fees
In a noteworthy platform, we can find versatility and easy handling to operate with the funds stored in ORBIS. It has been created using a blockchain solution, with two currencies available on the platform. This brings many advantages since they provide versatility to the system. Users can take advantage of these features to withdraw, transfer, spend and invest fiat money or cryptocurrency without charges. Adding instant actions without waiting time and with no intermediaries.
OrbisSolutions was created with the concept of loss aversion, as explained on their website and whitepaper.
It can resist any market crash by being separated from other blockchains.
The Orbis service token can be used for transfers, payments and savings. It is directly linked in your wallet to the Orbis security token, which is backed by the shares of the OrbisSolutions company.
The ORBIS platform will offer p2p exchange among other exchanging and card services
The decentralized exchange platform will offer a 24/7 exchanging service. No bulky records added to an external exchange will be necessary to operate. The Orbis exchange will be used only to buy and sell Orbiscoins and exchange them to all fiat money currencies. That’s why it offers on the one hand comfort to the investor at the time of operating; and on the other hand the use of their native tokens or cryptocurrencies with easy entry and exit to exchange into fiat. Multiple options are guaranteed when operating with ORBIS Coin (ORBS) and ORBISInvest coin (ORBSi).
As described in the whitepaper, the system is a decentralized exchange so it means that it is point-to-point; exchanges of this nature are known as p2p or DEX exchanges (by the acronym of peer to peer and decentralized exchange). Being a p2p system, transactions will be carried out almost instantaneously (since the project ensures that with the best exchange rates in the market); including the option of sending it to any bank account or an Orbis Wallet.
ORBIS Transfer will provide an IBAN debit card issued to facilitate the access between the clients and their funds. This card is intended to be used at any ATM and cash withdrawals at the Orbis branch offices. Customers can also integrate their own debit or credit card in the platform; so making deposit transactions and withdrawals to bank accounts is one of the multiple services offered.
It could be the first global chain of exchange and investment franchises in the blockchain ecosystem
On the other hand, the bet made by ORBIS Transfer goes far beyond what we have mentioned by the moment. The plan to create a whole chain of franchises is designed and they seem to have it very clear. The battle to take over the sector is still active despite the drop in prices within the ecosystem. While some are looking at prices, one of the next unicorns in the technology sector may be developing. Below we share a textual statement that they share in their glossary of frequently asked questions. It states the following:
Will the Orbis franchises be profitable?
We think so! The automated system that we are creating, with the inclusion of the Virtual AI Chat Robot, will make the Orbis branch offices an efficient, economical and low cost company. The only cost claimed by OrbisSolutions will be the transfer fee between fiat money and cryptocurrencies.
Distribution conditions of ORBS and ORBSi
The supply of each token will be independent, based on the initial conditions. It will always be subjected to the milestones of their sale offer. ORBIS Coin (ORBS) is created with a limited supply of 80,000,000 coins whose price will start at € 0.50.
The ORBS token will be used to transfer funds. ORBISInvest coin (ORBSi) is created with a limited supply of 240,000,000 tokens at a launch price of € 0.50. The currency of ORBSi will be used mainly to obtain and win with the appreciation of the currency in the crypto market and the stock exchange, being backed by the company.
Sources and links of interest:
OrbisTransfer – https://orbistransfer.com/
Venta STO – https://orbistransfer.com/#tokenSale
Twitter official – https://twitter.com/OrbisToken
Telegram Orbis – https://t.me/orbisgroup
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Globitex Exchange Leads Charge in Trading by Lowering and Removing Fees
As part of its new strategy to become the most widely used cryptocurrency exchange, Globitex is lowering and removing fees for certain account features. Globitex aims to make it’s products more accessible for retail and corporate customers. The EURO Wallet continues to excel as the best solution for sending and receiving EUR payments from inside of an exchange. The EURO Wallet is powered by Nexpay UAB, an EU licensed financial institution and gives users full control of their assets.
“We implement changes quickly around feedback we gather from both retail and corporate customers. We never compromise on security, we abide by every regulation to ensure customers get the most of what is possible with cryptocurrencies today.” - Uldis Teraudkalns CEO of Globitex Exchange.
Private Individuals will enjoy the removal of the monthly account maintenance fee, this allows Globitex clients to open and maintain a EURO Wallet account without cost or liability until it is actually used for transactions.
Corporate customers will enjoy the reduced net cost on larger transactions, making the service more attractive for the largest corporate clients and traders. The combination of the service offering and pricing makes Globitex the No.1 cross crypto-fiat trading and financial operations platform. Globitex aims to add the functionality of using GBX tokens to pay for EURO Wallet fees with discounts, which will substantially increase the utility of the GBX token in the upcoming weeks.
Globitex encourages all traders, investors, and corporates potentially seeking to make payments from within and outside of the crypto space to use the exchange, confident it will be their permanent solution of choice. Users seeking to bridge the traditional finance sector with their cryptocurrency assets are urged to visit to Utilize their own IBAN account within a cryptocurrency exchange.
For more information or inquiries, please contact Globitex Support (firstname.lastname@example.org).
Tech Giants Opt for Ethereum: Why ETH is Still Behind BTC
Amazon Shows Support For Ethereum With a New Managed Blockchain ServiceAmazon has recently made shockwaves across the blockchain industry, when they announced their managed blockchain services in an exciting press release. They say the service will allow users to set up and manage their own decentralized blockchain network with just a few clicks. This is a huge claim considering the difficulty of achieving that task from scratch. The really good news for Ethereum is that the new service will soon have support for the Ethereum network due to some of its unique properties. On their website, they declare that “Ethereum is well suited for highly distributed blockchain networks where transparency of data for all members is important”. This is a huge deal for Ethereum.
Elon Musk Declares His Faith In Ethereum with One WordElon Musk has caused another stir on Twitter, this time in the blockchain world. He did it with a one-word tweet, “Ethereum”. The tweet has gained almost 10,000 retweets since then. That’s a big endorsement coming from one of the greatest tech visionaries of our time. Especially, as it comes when Ethereum has been struggling.
Many Other Companies Are Onboard With Ethereum TooThese are just the most recent additions to the list of big names declaring their support for the Ethereum vision. The Ethereum Enterprise Alliance is a group of big businesses committed to exploring and developing the decentralized technology that Ethereum is built on. The members include some massive names, such as Intel, Microsoft, JP Morgan, Accenture, and Deloitte. JP Morgan has even used the Ethereum technology to build its own blockchain networks for moving some of its enormous sums of money quickly around the globe.
So Why Isn’t Ethereum Number 1 Yet?All this should be enough to propel Ethereum into the stratosphere of development and adoption. But a quick look at the price and market cap numbers shows that Ethereum is even further behind Bitcoin than it was a few years ago. Ethereum has dropped massively since its peak price of over $1,000 and has never recovered to anywhere near those levels. So what’s going on?
The Same Old Scalability ProblemsEthereum has had one serious challenge for the last few years: scalability. Ethereum has never really managed to breach its transaction ceiling of around 26 transactions per second. That level is just not going to cut it out for a major global transaction network. Bitcoin has the same problem, but it has some exciting solutions already being used and tested. The Bitcoin Lightning Network is a “layer 2” solution that is used to scale Bitcoin transactions on top of the core Bitcoin network. Ethereum does have some potential solutions of its own. Ethereum Plasma promises to add a layer 2 solution to the Ethereum network to allow for much higher transaction volumes. However, right now, these projects are still far off proving they can take Ethereum to a global scale.
The Growing Threat of Competitor NetworksPerhaps the biggest reason why Ethereum hasn’t soared to the top spot on the crypto charts is the growing number of serious competitors to Ethereum. Until recently, Ethereum has been the only real choice for developers in need of a global decentralized network to build their applications on. The same with ICO platforms, too. This gave Ethereum the first mover advantage and helped it grow tremendously in its early stages. These days, however, Ethereum has plenty of plausible competitors. Using the Ethereum network isn’t a necessity for developers, it’s a choice. For example, while Amazon plans to support Ethereum for their managed blockchain solutions, it already supports Hyperledger Fabric. The growth of alternative networks and protocols such as EOS, Stellar, Cardano, Tron, Neo, and many more are hurting Ethereum. What’s more, many of these networks already offer much better performance than Ethereum in certain areas. For example, EOS is a protocol designed to build decentralized applications similar to Ethereum’s. But, with a completely different take on its consensus algorithm, it allows for a much higher transaction volume and speed than Ethereum. These competitor networks are now highlighting the weaknesses of Ethereum. They are putting pressure on the Ethereum development team and adding more uncertainty to the future of the Ethereum network.
Bitcoin is Seen DifferentlyBitcoin is facing many of the same technological problems, and even more competitors for its limited use cases. However, Bitcoin has kept growing because it is seen in a different way by buyers. These days, Bitcoin is seen more as ‘digital gold’, than the future central financial platform. Bitcoin buyers know that faster and better competitor networks may arise, but Bitcoin is still the original cryptocurrency. This is why Bitcoin buyers are happy to invest heavily in the cryptocurrency, even as real-world use cases and adoption remain fairly stagnant.
Ethereum Needs to Really CompeteEthereum doesn’t have the same advantages as Bitcoin. If it wants to cement its place as the number one decentralized network in the world, it needs to earn it. It needs to prove its value by developing technology that works in the real world, and applications that get used. Ethereum has got the support of tech giants like Amazon and influencers like Elon Musk. But, if ETH is ever to overtake BTC, it needs to use that support and take it to the next level as soon as possible.
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