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ORS ICO

Connecting A.I. & Blockchain

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.

3.9
6 5 expert ratings
Benchy 3.7
Experts
4.5
4.3
3.3
View rating distribution
~$14,000,000
value of tokens sold in ICO
Ended
Token
ORST
Price in preICO
1 ORST = 0.05 EUR
Price in ICO
0.5000 USD
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
US, China
ICO start
14th May 2018
ICO end
28th May 2018
More on ICO
Report

About ORS ICO

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).

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ICO KYC Report
2 members invited
Pierluigi Riva
Passed
Fabio Zoffi
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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