ORBIS: Harnessing the banking ecosystem

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

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

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