ORS

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ORS
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ORS Group has developed the concept of Hypersmart Contracts, i.e. intelligent connectors (smart daemons with an associated Ethereum account) which (i) activate A.I. algorithms (off-chain) to solve complex efficiency/optimization problems utilizing data stored on-chain by independent, decentralized organizations; and (ii) can release instant crypto payments. Thanks to Hypersmart Contracts (“HSC”), the power of A.I. can be applied to reach the highest possible level of efficiency (and, therefore, of profitability) in the flows of goods/services, information and payments within any value chain.
Hypersmart Contracts are intelligent connectors which (i) activate powerful algorithms (off-chain) to solve complex efficiency/optimization problems by utilizing data stored on-chain by independent, decentralized organizations; and (ii) can release instant crypto payments. Thanks to Hypersmart Contracts, the power of A.I. can be applied to reach the highest possible level of efficiency (and, therefore, of profitability) in the flows of goods/services, information and payments within any value chain.

Pros
– The ORS Group is a strong and well-established company.
– Small business processes are often not fully optimized. Providing them with sophisticated AI solutions can help them to become more efficient and save money.
– The solution uses off-chain calculations in combination with on-chain data storage.
Cons
– It’s not an easy task to bring HyperSmart contracts to a farmer or other non-technical people.
– Finding a suitable algorithm for the optimization problems of a particular business isn’t always feasible.
– Technical Info

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May 14 2018

Details

Start: May 14 @ 8:00 am
End: May 26 @ 5:00 pm
Cost: 1ORST = €0.05
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Website: Visit Event Website

Schedule

  • [May 2016] Rams 4.0 Platform released
  • [March 2017] Deployment milestone
  • [November 2017] incorporation of ORS SA(CH) for bridging AI & Blockchain
  • [April 2018] Pre ICO closed
  • [May 5, 2018] Main ICO
  • [Octorber 2018] Released of the first Hypersmart Contracts
  • [January 2011] Official launch of the new release of the ORS RAMS Platform
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