Wednesday, August 29, 2018

ORBIS The future of FinTech!

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The future represents the simplicity and automatization of the services. Whereas today’s financial systems are centralized and serve the interests of a few major players. These are the banks and financial companies that we see internationally. Their structures are also a barrier to success and opportunity for almost everyone in the world. The global negativity caused by them could be shown as the 2008 economic crisis and the debt crisis that was seen in Europe in 2010. However, the obstacles that this system has put forward cannot be overcome and cannot come to an all.

Now in the running and very actively used online devices to pay for certain transactions. It can be a calculation on the Internet or a calculation in the usual store in which you buy products or pay for some things. Thus, the sphere is popular and relevant, while the development of the current market does not stop. There is a new era of currencies, such as cryptocurrency. It is a completely new type and it is decentralized. But this sphere still has that need to be corrected! And so, one such tabloid is the interest rate for the production of transactions. The second trouble that it is difficult to introduce such payment systems, especially for small organizations that simply cannot afford it and lose their client. And all this promises to help us solve a project like ORBIS.

The ORBIS intend to find solutions to the problems found at this point. 
  • The first solution is to remove third-party intermediaries by removing high wages and costly barriers. The removal of third-party intermediaries means that reducing the expense of unnecessary and increasingly costly expenses is almost as close to zero. 
  • The second solution offered by the orbıs is to significantly reduce the waiting times. Transactions should be made as soon as possible. 
  • Third solution, the introduction of the self-service system and the abolition of imposed restrictions are intended. 
  • Fourth solution, it is aimed to remove complex paperwork and document bureaucracy. For all these purposes, the orbıs will overcome with desktops, ATMs, and mobile platforms.


ORBIS project is an element based on technology such as blockchain and smart contracts. These technologies allow making payments at high speed as well as with maximum safety and transparency. Interestingly, the idea of the project and the developers is to create their branches in such a way that they serve artificial intelligence, in order to prevent and stop the factor of human errors. 

ORBIS decentralized, unique platform differs from other banking systems and can be used by anyone of all ages. Users of the army can save money by pressing a single key, transfer their assets, invest and obtain credits. Like other cryptocurrencies, Orbıs will also be stored in a digital wallet. These wallets are a digital wallet that is in the context of the platforms. The wallet content will be the token transfer account, the token investment Account, the IBAN account and the accumulation account for the currencies in circulation.

THE TEAM

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