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Orbit Chain
About Orbit Chain
Orbit Chain (ORC) is a multi-asset blockchain platform that facilitates the storage, transfer, and verification of information and assets across various public blockchains. It acts as a hub, allowing fluid asset movement and interaction within a single network, aiming to solve the liquidity problem of traditional blockchain systems. The ORC token is used for transferring data or assets, staking, governance voting rights, and as part of the cost for using Inter-Blockchain Communication (IBC).
Orbit Chain is a multi-asset blockchain platform enabling the storage, transfer, and verification of information and assets across various public blockchains through Decentralized Inter-Blockchain Communication (IBC). It acts as a hub for public blockchains, allowing fluid asset movement and interaction within a single network. Orbit Chain's approach aims to solve the liquidity problem of traditional blockchain systems by standardizing multi-asset usage.
The ORC token supports multiple functionalities within the Orbit system. It is used for transferring data or assets on the platform, required for staking, and integral to governance, providing voting rights. The token is also part of the cost structure for using IBC within the blockchain.
The ORC token is used for transferring data or assets, staking, governance voting rights, and as part of the cost for using IBC.