Sunday, July 29, 2018

Orbis Introduces Worldwide Money Transfer and Investment

As shocking as it may seem to the developed world, 40% of the world's population, mostly comprised of population in developing countries, does not have a bank account Despite the increased adoption of non-cash forms of transactions (cards) with the volume having grown by more than 10% to reach 500 billion in 2017, the circulation of cash has increased only slightly across multiple markets during the past five years.

Orbis Target

  • Orbis Company will provide innovative transfer, payment and investment services using cryptocurrency tokens and block chain technology.
  • This technology combined with mobile and computer software, will give mankind the opportunity to make money transfers, investments and payments using our self-service machines, as well as personal smartphones and computers with internet access.

Orbis Mission

  • Orbis aims to provide financial access to 3 million unbanked persons across Latin America, Africa, and Asia by 2020 through partnerships with banks.
  • Orbis self-service platform will provide an accessible solution to these people and allow them their first opportunity to unlock the opportunities that finance grants them.
  • These opportunities will include debit card ownership, smartphones with ORBIS payment apps, and QR and barcode scanning.

Why Orbis

  • Orbis Worldwide Money Transfer and Investment will bring a brand new innovation to this market through its use of cryptocurrency.
  • Orbis will also develop a physical meaning for this sometimes obscure term, providing more than just a digital token with virtual services that could disappear overnight.

Market Problem

  • The current financial system is heavily centralized and mainly serves the interests of only a few major players.
  • These are the banks and financial companies that we see internationally today, which have a vested interest in maintaining their status quo.
  • The rent-seeking behavior of these enormously inefficient and largely stagnant corporate structures have become toxic to the success and opportunity of nearly everyone else in the world.

Orbis Solution

• The elimination of high fees and costly barriers to entry through the removal of 3rd-party intermediary services
• A significant reduction in wait times – transactions should be near-instant, not beholden to the business days and business hours of traditional brick-and-mortar banks
• Self-service and no imposed limits
• Removal of complicated paperwork and bureaucracy

Orbis Paltform Features

  • Orbis coin (ORBS) utility will have a stable price and will be used by customers to make payments , save and transfer with no fee their assets without the risk of depreciating or loosing.
  • Orbis security coin (ORBSi) will be released public to cryptocurrency exchanges and traders.
  • Users will be able to convert cryptocurrencies and fiat money into Orbis coins and manage them via Orbis card/smartphone apps/desktop software and in Orbis future Orbis self-service branches worldwide.
  • 24/7 Support from Virtual Artificial Intelligence Chat Robots

Finally

Orbis team works hard to ensure this development is done right and done well. They want to ensure that once their platform is released, it lives up to their vision, changing the lives of those who use it. Orbis is also actively helping develop businesses in these places to encourage and faster economic growth.


Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517

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