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May 14, 2018, 05:37:50 AM |
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The ORS GROUP explains to us their expertise in delivering sophisticated AI-based optimization software solutions to a large international client base, including how AI & blockchain will empower 1 billion entrepreneurs by 2040.In its simplest terms, a blockchain is a new means of structuring and distributing data. The technology enables financial companies and other institutions to create a digital ledger guarded by cryptography, which can be shared among participants during transactions. This allows authorized participants to alter the ledger without awaiting approval from a central authority, often resulting in faster and more secure transaction that saves financial institutions time and money... https://www.openaccessgovernment.org/ai-blockchain-to-empower-1-billion-entrepreneurs-by-2040/44755/
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May 14, 2018, 09:52:13 AM |
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ORS SA (OP)
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May 15, 2018, 06:40:33 AM |
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About ORSTBusiness 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). https://neironix.io/ico-rating/ors_ico
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ORS SA (OP)
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May 15, 2018, 11:24:31 AM |
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May 16, 2018, 06:37:38 AM |
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Advantages of ORS Platform:-Facilitates usage of Big Data -Efficiently manages the stochastic conditions; which handles almost all B2B and B2C transactions -Enables third parties certified offering of innovative hypersmart contracts and solutions with the help of Open source and API based coding -Increases productivity, efficiency, and transactions in any value chain of a business. The ORST token will be used to reward its users and also as a mode of remuneration for developers and associates of the ORS team to promote their commitment and engagement towards the project. Read more here: https://ambcrypto.com/orst-hypersmart-contracts-merging-blockchain-technology-and-artificial-intelligence/
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ORS SA (OP)
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May 16, 2018, 01:12:50 PM |
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ORS GROUP have recognised that the blockchain can be utilised for collecting and sharing information with ease among decentralised, independent organisations and that Ethereum smart contracts are extremely useful for executing instant payments without financial intermediaries. As a result, they formulated the new "Digital Alphabet" which connects together A.I., Blockchain and Cryptocurrency, thanks to their newly created 'Hypersmart Contracts'. Hypersmart Contracts act as intelligent connectors, which activate A.I. algorithms to solve complex efficiency and optimization problems utilizing data stored on-chain. They are also able to release instant cryptocurrency payments. Together these technologies can lead to significant improvements in global value chains, which even small farmers can benefit from. https://www.prnewswire.com/news-releases/artificial-intelligence-and-blockchain-aim-to-turn-1-billion-people-into-entrepreneurs-by-2040-678257203.html
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May 18, 2018, 09:14:40 AM |
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May 21, 2018, 06:08:50 AM |
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Blockchain Technology’s Many Applications Other major corporations such as Walmart, Nestle, Kroger, and Unilever have hopped on the blockchain bandwagon. The latest trend is using blockchain software to improve food safety. “There is no question about it, blockchain will do for food traceability what the internet did for communication,” Frank Yiannas, Walmart’s vice president for food safety and health, told Bloomberg. Blockchain technology can be used to track the movement of (for example) a chicken that gets sold in supermarkets, so consumers can be assured of its safety, all by scanning the product’s label with their smartphones. The label provides details about where the chicken originated, what temperature it was stored at, and when it ended up at your local grocery store.
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ORS SA (OP)
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May 22, 2018, 08:29:02 AM |
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Bitcoinist: Fabio, how can these three technologies (Algorithms, Blockchain and Cryptocurrency) help small business to survive and compete against big corporations?FZ: Let’s imagine an extreme use case, like that of a farmer working somewhere in a small Southeast Asian country and struggling to competitively sell his produce and make decisions on volumes of crops to be planted, timing, logistics of deliveries, etc. We, at ORS, can empower such a farmer to run his enterprise optimally through collecting data (so-called Big Data) from various sources such as weather forecasts and soil quality and run algorithms for predicting crop yields and for dynamic pricing optimization (even linked to commodities futures exchanges, if meaningful), that would help in such decision making. The blockchain can be used to give transparency about the whole food chain, giving him an advantage due to consumers’ sudden possibility of easily checking the uncorrupted quality of the farmer’s biological products. And if he can get paid via cryptocurrencies, no distributor will ever again be able to abuse his position of power when not paying him in time. This is only one such example of how the ABC technology building blocks can be used by the “small guy” to keep and run his business successfully against large players. This approach can help us create a much more equal society. This is our vision for the future. http://bitcoinist.com/ors-group-mission-empower-1-billion-new-entrepreneurs-2040-thanks-ai-blockchain/
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May 22, 2018, 11:53:16 AM |
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The project looks very cool. In principle, such projects have already been successful ,let's see what happens to you . My best regards
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ORS SA (OP)
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May 23, 2018, 08:30:43 AM |
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The project looks very cool. In principle, such projects have already been successful ,let's see what happens to you . My best regards
Thank you for taking an interest in our project.
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May 23, 2018, 08:36:34 AM |
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May 24, 2018, 12:16:28 PM |
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With crowdsale ending in just 2 DAYS be sure to head to our website and take part!https://www.orsgroup.io
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