Orbs

Orbs (ORBS) is a hybrid blockchain infrastructure-as-a-service platform and cryptocurrency that is designed to provide businesses with the benefits of blockchain technology. The platform aims to provide scalable, secure, and low-cost services, paving the way for mass-market businesses to adopt blockchain.

The token associated with this platform is the ORBS token. This utility token plays an integral role in the platform's ecosystem and is designed to align the incentives of different participants in the network, including app developers, validators, and users.

*About the Platform* The Orbs platform is essentially a public blockchain infrastructure that was built for the needs of businesses, specifically those looking for scalability, performance, and a low fee structure. One of its primary features is that it allows businesses to use blockchain in a manner that is compatible with their existing systems, thus reducing the barrier to blockchain adoption.

The Orbs platform operates using a unique consensus algorithm called Helix, designed to ensure high levels of security and performance while still providing decentralization. It also offers a unique "virtual chain" concept, which provides each app with its isolated blockchain, enhancing privacy and reducing interference with other apps on the network.

The ORBS token has several uses within the Orbs ecosystem. It is primarily used to pay for transaction fees on the platform, similar to how Ether is used on the Ethereum network. Additionally, ORBS tokens are used for staking in the network, which provides security and helps maintain the platform's decentralization. Validators, who process and validate transactions, stake ORBS tokens to participate in the consensus process and earn rewards.