Orb
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Orb Company Profile
Revitalization of Community-Based Economies ~ Empower Community Based Economies ~
At Orb, we provide middleware specialized in payment using distributed ledger technology (broadly defined as blockchain) that can be utilized by companies, municipalities, and various communities to build their own currencies (such as proprietary payment systems). Payment systems dealing with digital currencies require accuracy, immediacy, as well as resistance to tampering, availability, and scalability. The setup and processing of digital currencies are becoming increasingly complex, but by using our middleware, you can significantly reduce the construction costs and operational risks associated with building a challenging payment system. Recently, many companies are considering the establishment of their own currencies (such as proprietary payment systems) in addition to other payment methods to enhance customer engagement through the internal use of payment data and to reduce transaction fees. We believe that responding to this need is the value we provide at Orb.
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We at Orb aimed to develop a unique currency platform, and our fundamental development policy was to utilize distributed ledger technologies such as blockchain to meet high security requirements, including tamper resistance and availability, in payment systems. However, we determined that blockchain could not achieve sufficient processing speed (including the inability to achieve finality instantly), so we developed our own distributed ledger technology that maintains the strengths of blockchain—tamper resistance and availability—while achieving the processing speed and scalability necessary for payments. The "Orb DLT" provided by Orb features the following three characteristics: 01: A unique distributed ledger technology specialized for payments 02: The ability to flexibly configure and rigorously process complex digital currency behaviors 03: Provision as middleware that allows application developers to accommodate various use cases In addition to providing distributed ledger technology, Orb DLT also offers external connection APIs necessary for unique payments/unique PAY, enabling flexible and easy implementation of external integrations (such as "Bank Pay").
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Detailed information
| Company name | Orb |
|---|---|
| Contact address | postalcode 150-6139 Tokyo/ Shibuya-ku/ 24-12, 2-chome Shibuya, 39th floor, Shibuya Scramble Square, inside WeWorkView on map TEL：03-6230-9873 |
| Industry | Information and Communications |