Orbs

Company profile

Orbs company profile

Orbs is public blockchain infrastructure designed for businesses looking at trust as a competitive strategy. With blockchains as the new standard for impartial third-party source of verification, solutions can give strong guarantees that will make them more attractive to their users and ecosystem partners. To accommodate business needs, Orbs is pioneering a hybrid consensus architecture, keeping businesses in control of costs, governance and guaranteed performance, while still capturing the disruption of a truly decentralized Proof-of-Stake ecosystem with a permissionless validator pool. By acting as a decentralized serverless cloud, The Orbs Network alleviates this problem and enables programmers to expand smart contracts with L3 decentralized backend services. Projects are freed from the need to rely on centralized backend solutions thanks to the deployment of these to be executed by Orbs PoS validators. Founded in 2017, Orbs is being developed by a dedicated team of more than 60 people out of its offices in Tel Aviv, Israel; San Francisco, California, Singapore and Seoul, South Korea. Orbs was named Gartner's “Cool Vendor in Blockchain Technology” for 2018.