Originally built around Satoshi Nakamoto’s unique idea of decentralized digital payment system, cryptocurrency is slowly but surely changing the way we do online transactions. Despite being a global phenomenon for some people, many are still unfamiliar with cryptocurrencies and how it works.
Because of social media and even mainstream media’s involvement with anything related to blockchain technology, experts believe that it might just take a 5 years for full cryptocurrency mass adoption to occur. When it happens, we’ll finally see the true value of most stable coins and tokens. Don’t get fooled by new utility coins being added in the coinmarketcap each day. If you’re new to the cryptosphere, keep your emotions in check and do your research before buying of holding your prospect coin.
But how to determine if a token is a good choice, you ask. Well, there’s many factors but the most important is definitely the coin’s use case. Beyond all the hype, most new investors wonder of digital currencies simply act as a secure medium for cryptocurrency exchange and if they really have practical value. This is where investors should be wary about.
As mentioned before, not all coins present value and some were only created as money making machine. If you want to learn what your target coins offer, best thing to do is check its whitepaper. Let’s check for example, Orbis. If you go to www.orbistransfer.com, you’ll be able to download the whitepaper in different languages. So what are the practical uses of Orbis?
Store of Value
Orbis is one of few existing security tokens that function as a store of value. It’s also designed for making payments, money transfer and other transaction purposes. There are many benefits when a crytocurrency like ORBS is used as store of value rather than fiat money. It helps avoid third parties from handling our money and avoid very costly remittance services.
FinTech
Called “The Future of FinTech”, Orbis has been developed for payment providers and banks. The underlying infrastructure of the ORBS token connects financial institutions to provide better experience to users who want to send and receive money wherever they are in the world. With the help of Orbis, various corporates and businesses can connect with financial institutions for faster and more reliable transactions.
Business/Enterprise
While Orbis aims to reach the billions of unbanked people across the globe, it also aims to help businesses improve their efficiency and transparency. As a security token, it literally promotes security of businesses and investors.
