Huge news from Orbs Team @ Consensus 2018!!! Orbs, the blockchain platform built for largescale consumer applications, announced it has already raised more than $118 million to fund the development and launch of the Orbs platform, which it will bring to market in June. Design partners, including Kik and Zinc designed with ironSource among early adopters as Orbs seeks to transform consumer applications marketplace.
Orbs’ goal is to commoditize blockchain infrastructure for large scale consumer applications. Orbs is building a fully decentralized public platform that makes the transition to blockchain easier for the industry as a whole. The platform is specially designed to meet the needs of large scale consumer applications, with a core product experience inspired by well-established infrastructure solutions such as Amazon Web Services (AWS) and familiar terminology like Service Level Agreements (SLA) and dedicated resources.
Orbs has recently released its two cornerstone documents, a position paper outlining its technology and strategy and the white paper for their own consensus algorithm, Helix. Both papers outline the company’s laser focus on technological solutions needed for the consumer application market’s unique challenges.
Orbs was founded by
Tal Kol, Uriel Peled and Daniel Peled
Orbs is a public blockchain built for the needs of consumer applications with millions of users, from SLAs to adjustable fee models to on-demand capacity. Orbs is working to create new blockchain business models that are fair, stable and offer a more empowering user experience.
For more information, please visit www.orbs.com.
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