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June 16, 2018, 05:58:55 PM Last edit: June 16, 2018, 06:09:18 PM by orsahypersmart |
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ORSA HYPERSMART CONTRACTS CONNECTING A.I. & BLOCKCHAIN 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.
Following our aforementioned business and technology trajectory, and harnessing our long experience providing innovative software solutions, more than a hundred leading algo-scientists and IT developers at ORSA are currently working on connecting Hypersmart Algorithms with the decentralized information logic of distributed ledgers (aka blockchain) and the use of cryptocurrencies for instant payments. The development of the ORSA Platform & Marketplace (open to third parties) for buying and selling Algorithms and Hypersmart Contracts will enable both established businesses and new blockchain projects from the Crypto Community to dramatically enhance their own business models and gain higher profitability and competitive advantage. Hypersmart Contracts, Algorithms and other digital assets developed by both ORSA SA as well as by third parties shall be freely tradeable on the Platform & Marketplace through ORSA’ own utility token, the “ORSA”.
The following global trends in business & technology lead to our vision of merging Artificial Intelligence ("A.I.") and Blockchain ("BC"): (a) More and more transactions occur digitally; (b) Blockchain based smart contracts can automatically handle and transfer assets between buyers and sellers, without the need of an external trusted authority; (c) A.I., Machine Learning and Big Data Analytics algorithms, altogether here defined as Hypersmart Algorithms or simply A.I. Algorithms, are increasingly being applied to make transactions very smart and able to deal with complex sets of conditions and constraints, of stochastic nature. We therefore foresee an imminent future in which most business transactions in any value chain are decided and executed by Hypersmart Contracts, a new concept for connecting A.I. Algorithms with the decentralized information logic of Blockchain and the release of cryptocurrency payments. At ORSA SA we are developing a unique Platform & Marketplace (together, the “Platform”), which shall allow the selling and purchasing of both proprietary and third parties’ A.I. Algorithms and Hypersmart Contracts through the newly issued ORSA Token. In addition, business users of Hypersmart Contracts will be enabled to adopt cryptocurrencies within their own value chains to improve overall efficiency and to reduce time-to-market. Our established international customer base, already using hundreds of AI-based software solutions, will facilitate early adoption, fast growth and cash flow positive use of the Hypersmart Contract sold by ORSA SA over its Platform.
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