The ORS Group is a software company of more than 100 IT developers and scientists. It boasts over 20 years of experience in delivering sophisticated A.I.-based optimization software solutions to a large international client base (www.ors.ai). Their new product, the Hypersmart Contracts provide access to more than 1,000 proprietary algorithms and hundreds of software solutions to the Crypto Community and to established businesses (www.orsgroup.io). At ORS, we envision a global network of entrepreneurs and independent companies empowered by our ABC technology building blocks: Algorithms, Blockchain, and Cryptocurrency.
Business value chains are witnessing an inescapable shift towards fully digital transactions. The multitude of data available in real-time (Big Data) will increasingly be used to optimize these value chains by harnessing artificial intelligence and robotics.
Any value chain (B2B, B2C, etc.) is basically composed of three major “flows”: (i) the flow of goods and services; (ii) the flow of information; (iii) the flow of payments. Efficiency is the name of the game, i.e. optimizing all three flows means reaching maximum efficiency (“efficiency singularity”) in terms of optimal (faster, cheaper, better) distribution of goods/services within the value chain – from suppliers to customers, which in turn requires efficient sharing and transfer of information and payments among the participants of a given value chain.
Value chains with centralized organizations can theoretically reach such efficiency singularity, while value chains with (partially) decentralized, independent organizations are very often not able to optimally work together (in sharing goods/services, information and payments), mainly because of lack of trust. As a consequence, trillions in value get lost every year due to inefficiencies in the mentioned flows.
While A.I. algorithms can already optimize the flow of goods and services within value chains which include decentralized organizations (“Mixed Value Chains”), so far no groundbreaking technology was available to solve the issue of trustless participants not sharing information and payments in the most efficient way. Blockchain is such a technology and connecting it with Artificial Intelligence is the key to enabling the achievement of (quasi) maximum efficiency in such Mixed Value Chains.
ORS Group has developed the concept of Hypersmart Contracts, i.e. intelligent connectors (smart daemons with an associated Ethereum account) which (i) activate A.I. algorithms (off-chain) to solve complex efficiency/optimization problems utilizing data stored on-chain by independent, decentralized organizations; and (ii) can release instant crypto payments. Thanks to Hypersmart Contracts (“HSC”), the power of A.I. can be applied to reach the highest possible level of efficiency (and, therefore, of profitability) in the flows of goods/services, information and payments within any value chain.
ORS GROUP is a pioneer in this area: for more than twenty years our AI-based software solutions have helped Fortune 2000 customers from various fields to automatically optimize trillions of digital transactions daily. What makes such achievements possible are so-called Hypersmart Algorithms, i.e. combinable modules of sophisticated algorithms. They are the building blocks for more than a hundred proprietary software solutions (the “ORS Hypersmart Solutions”) sold to global organizations (see www.ORS.ai).
Icodriver...expert launching ICOs, Influencer, IT expert. Rated on 5 Mar 2018
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18%
Amazing ico, I know this project because it is an established A.I. company with 20 years of experience.
The Hypersmart Contract concept is incredible.
I really like this project - team is strong, finance is in order and marketing is amazing.
Cryptocurrency Enthusiast | Senior Analyst at Midgard Ventures Rated on 5 Apr 2018
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I like a team, really solid.
I found "no prototype, we are working on real products with real customers. We will release products according to a "first-sale, first-development" logics, because if one does not sell products and earns money, one does not survive very long and then all the money is gone..."
But still it is important to see that you have any prototype or MVP based on blockchain technology.
Your vision is pretty good. AI, big data, machine learning and blockchain in one place is great!
Agree
6 people agree
Rayne DavisICO team member replied on 6 Apr 2018
Hi Vlad,
Thank you for your insight and taking the time to review our project in-depth.
The real value-added of our project lies in our A.I.-based solutions, which have already been sold and implemented among our many large international clients such as Brooks Brothers and Luxottica Group. Indeed, we have over 20 years of experience in delivering complex software solutions to demanding clients. You may find a few links to our existing solutions here: https://www.ors.ai/index.php/en/solutions.
Hypersmart Contracts are simply connectors of our existing products and solutions with blockchain. Funds raised in the ICO will allow us to build the platform that would enable crypto-enthusiasts and small businesses globally access our existing pool of over 1,000 algorithms.
I hope this has clarified the confusion.
Please do reach out to us if you have further questions and we would be happy to clarify anything for you.
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