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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]Ormeus - The World’s First Business-Backed Blockchain on: February 21, 2021, 11:09:37 AM
Hi just a quick question, is there a difference between this account and ormeusecosystem? I saw that the latter account was last active on February 2020 and I was wondering if there is a difference or if this is a new project. I also check the telegram and both are active.

Don't get me wrong, I am not accusing this project but this is necessary to avoid confusion and ambiguity. I am hoping to hear from you soon, thanks!


 

The old channel will cease to exist. We're just having it up for the members to transition to the new group. The Ormeus Ecosystem DAO Telegram is the official community
2  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN]Ormeus - The World’s First Business-Backed Blockchain on: February 18, 2021, 03:02:37 PM
The World’s First Business-Backed Blockchain

Smart Economy

Introducing

🔰ECO🔰
The emergence of true
global business network via
interoperable self-perpetuating blockchain economy.

Internet Of
Business Assets
Initial Interoperable blockchain ecosystem of businesses and data.

🔥App Wallet🔥
Powered by ECO and led by the transactional dynamo OMC Cash (OMC), the fully-secure wallet app provides users with an opportunity to store,
track, send and receive the most liquid mainstream coins and conduct business in the ecosystem


🧨ATM🧨
The Ecosystem will unite all bi-directional crypto-ATMs in one network, gathering statistics on bought & sold currencies, fulfilling financial and technical monitoring

💰Point of Sale Network (POS)💰

Businesses signing up to the Ecosystem will utilize the new ‘Trustless’ Point of Sale network
which can run on all existing terminals. Built by our technology partner, the POS will greatly reduce fees and increase transaction speeds


Architecturally designed to create a ‘business first’ approach to global currency and digital life, Ormeus
Ecosystem is collaborating with Binance Chain to create a ground-breaking “Internet of Business
Assets”. The multi-functional ecosystem cryptocurrencies will achieve mass adoption as businesses
ranging from Banking, Insurance, Agriculture, Energy, Mining, Real Estate, Health, Trading, Payments
and Online Retail are signed-on to the network - categorized into ‘side-chains’ - and catapulted into the
blockchain age.
The network fuses enterprise, data, sales force and virtual money through partnering with Binance.
The innovative onboarding ramp for businesses and the native fuel for the network is the new ECO
token, a ground-breaking ‘gas’ used to power, protect, authorize and process data in real-time between
thousands of corporate and personal users. The ECO token can reward and notify when data points are
shared cross chain, and even works in conjunction with point-of-sale terminal systems to prevent and
terminate fraudulent sales of goods.
ECO can also process ‘ground rent’ fees for corporations wishing to join the ready-made business
community, a portion of which will feed into a Smart Trust managed protectionary asset vault. If blockchain
is considered the ecosystem backbone, then the business assets and services are the network’s muscles
and organs. The ECO token is the central nervous system, acting like a complex web of nerve tissues
controlling the body’s activities. The circulating blood corresponds to the native currencies: Ormeus
Coin (ORMEUS), Ormeus Cash (OMC), ECO itself, along with the forthcoming Ormeus Digital Gold
(ODG), and Ormeus Green (ORG).

The self-sustaining network provides flexibility to create stores of value, high-speed smart payments,
asset transfer protocol, transparent financial information flow, and the appropriate management of
network costs. The marketplace features a reserve asset vault supporting the underlying ecosystem. This
means corporations can trust in the resilience and reliability of the network and focus on what matters:
expanding their own market penetration and sales in a favourable business environment.
Governance of the network is provided by the unique Smart Trust legal framework, a collateral
management system styled on a Decentralized Autonomous Organization (DAO). The Trust is responsible
for the healthy development and management of pre-defined smart contract rules for the Reserve Vault.
The set of rules on how the vault transacts can be voted on by ECO members through the DAO inspired
Smart Trust. The strict and unalterable algorithms directed to the vault guarantees the survival of the
ecosystem and allows transactions to be executed without censorship or fraud.

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