ORBIS: THE FUTURE OF FINTECH

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WHAT IS ORBIS ?
ORBIS is a specialized platform built on blockchain technology. This platform allows you to invest, make payments or make money transfers. The main unit of account in the platform will be a special token, it will help to simplify the process of payment for goods or services. ORBIS uses the modern blockchain system, which has already proved its effectiveness and is considered to be one of the safest and most promising. 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 team’s vision is creating a new worldwide financial branches, based on blockchain decentralized technology. ORBIS is a decentralized platform that does not have a common control center. It is for this reason that it can be called so thoughtful and innovative. In addition, any fraudulent transactions are excluded, and this is extremely important in modern conditions

Payment methods using NFC mobile technology and debit cards offered by Orbis Company will be the next step in reducing the flow of cash money from the market. Free wireless Points of Sales offered will help small traders, entrepreneurs, self-employed, small as well as big business owners, receive payment for their services and products. Orbis team intends to open physical branches all around the world that will have self-service ATM machines and one of a kind virtual reality customer service desks that will automatic provide monetary deposit, withdrawal, transfer , payment and investment services. Orbis team will provide professional marketing and investment services based on smart contract software helping startup companies evolve. Having a young, philanthropist vision, they will also help the society, bringing technology in places where people can't afford and helping the ones that in need.

PROBLEMS AND SOLUTIONS
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.

The related issues that ORBIS intends to address are as follows:
• 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

All of these and more will be tackled by the ORBIS desktop, ATM, and mobile platforms, which will be usable by people of all ages and will utilize a simplistic, easy-to-use design. Of course, the ORBIS project will not be able to immediately take its place in this market segment. However, it will definitely find its audience and will be able to bring something new and will give a breakthrough for the technology as a whole.

FEATURES

Accessibility Many migrants, especially undocumented workers, prefer few or no identity requirements, but most formal money transfer operators must comply with some type of identity stipulation. Financial institutions can also set other requirements (e.g., opening a bank account or maintaining a minimum balance) that impede the access of poor people to transfer services.
Confidentiality Some clients prefer to keep their receipt of money transfers confidential (either to reduce claims within the family, or to minimize the risk of theft) and may favor using providers like specialized money transfer companies, that may have less stringent identity documentation requirements than multi-service financial institutions.
Cost and transparency Most people seek transfer services that offer
• No fees;
• Attractive exchange rates;
• Transparency on fees and exchange rates at both the sending and receiving ends.
Ease of use People prefer limited paperwork to send or collect funds, especially if they are not literate. Some people prefer interacting with a sales agent for reasons of ease and personal service. Others prefer the convenience and anonymity of ATMs or POS devices.
Safety Transfer operators must earn the trust of migrants and their families.
• Clients may be reluctant to seek services from banks or formal financial institutions, due to mistrust or past experiences in their home or adopted country.
• Many people prefer to send money transfers through institutions that have a track record in handling transfers and other financial services, and/or belong to a larger, well-known international network.
Speed Many people prefer “real-time” transfers, regardless of the cost or urgency of the transfer
Transaction convenience Both senders and recipients want to transfer funds at nearby locations and reduce other transaction costs, such as travel time, travel expenses, and bribes paid for better service.

PRODUCTS
Decentralized platform is unlike any other banking system available today, and it can be used easily by anyone of any age. Orbis customers will be able to save their money, transfer their funds, invest, and receive credit or funding for their businesses all with a simple click of a button or tap of a screen.

1. Orbis Wallet
Like other cryptocurrencies, ORBS will be stored in an digital wallet. ORBS wallets will be built-in our platform, where customers will be given the opportunity to save, transfer, and invest their tokens worldwide at the lowest exchange rates. Orbis wallet will offer the most simplistic user friendly design so it can be used by clients from all types of ages.

2. Orbis Exchange
Orbis decentralized exchange platform will be used only to purchase and sell Orbiscoins and exchange them to all fiat money currencies. Being a peer-to-peer system, the transactions will be done almost instantly (with the best deal exchange on the market) to any bank account or Orbis Wallet

3. Orbis Coins
Usually cryptocurrency platforms own just a single unstable price coin. Our company comes with no more than two tokens: ORBIS Coin (ORBS) and ORBISInvest coin (ORBSi). Orbis facilitates customers the use of the wallet having two types of coins: ORBIS token is created in a limited supply of 8000.000.000.000 tokens which price will start at $0.50. ORBS token will be used to transfer funds safely not causing customers any money lose. RBISInvest Token is created in a limited supply of 80.000.000 tokens at a releasing price of $0.50. ORBSi token will be used by cryptocurrency enthusiasts and investors mostly to hold and earn from the coin appreciation on the cryptocurrency market. This part (insurance company) will assure transactions and investments safety

4. ORBIS debit card
Traditional Banking services issue cards that assure clients reach to their fiat money. Orbis Company will provide an IBAN debit card issued to make an easy access between customers and their funds. This card can be used at any atm and limitless cash withdrawing at the Orbis Branches. Customers will also be able to integrate their own debit/credit card into Orbis platform to make deposit and withdrawal transactions to their own or other bank account.