ORS ICO

Smart contracts combined with artificial intelligence

[youtube https://www.youtube.com/watch?v=s2yCOKVH2TE&w=560&h=315]

CS Score

6.0

Outlook:

Stable

ORS ICO – by ,
6.0/ 10stars

Ended

2018/04/28 - 2018/05/26
ICO
ORS ICO
Token
ORST
Price
1 ORST=0.05 EUR
Platform
Ethereum
Accepting
ETH
Bounties
Available
Bonus
Not Available
Soft Cap
5000000 EUR
Hard cap
25000000 EUR
Country
Switzerland
Raised
10000000 EUR

CS Score :

6.0

Outlook :

Stable

Idea 50%
Idea 5.1
Competitiveness 6.2
ICO 6.6
Team 7.5
Community 4.2
Marketing 7.9
Documentation 8.6
Financials 6.0
Reliability 4.0
Feasibility 5.6

ORS Group is developing an ORS Platform for people to sell and purchase both proprietary and third-party A.I. algorithms and Hypersmart Contracts. The idea of the platform is simple, yet, our team believes the current business model has not taken full advantage of the blockchain technology. On its competitiveness, the market is pretty new, but our team believes the company needs to do a better job in explaining how superior Hypersmart Contracts are to smart contracts, in order to induce mass usage of Hypersmart Contracts.

Idea
The idea to address the shortcomings of smart contracts and help companies improve efficiency is brilliant, but it may not be able to scale robustly as it may be more difficult for small companies to adopt the…

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Business value chains are witnessing an inescapable shift towards fully digital transactions. The multitude of data available in real-time (Big Data) will increasingly be used to optimize these value chains by harnessing artificial intelligence and robotics.
Any value chain (B2B, B2C, etc.) is basically composed of three major “flows”: (i) the flow of goods and services; (ii) the flow of information; (iii) the flow of payments. Efficiency is the name of the game, i.e. optimizing all three flows means reaching maximum efficiency (“efficiency singularity”) in terms of optimal (faster, cheaper, better) distribution of goods/services within the value chain–from suppliers to customers, which in turn requires efficient sharing and transfer of information and payments among the participants of a given value chain.
Value chains with centralized organizations can theoretically reach such efficiency singularity, while value chains with (partially) decentralized, independent organizations are very often not able to optimally work together (in sharing goods/services, information and payments), mainly because of lack of trust. As a consequence, trillions in value get lost every year due to inefficiencies in the mentioned flows.
While A.I. algorithms can already optimize the flow of goods and services within value chains which include decentralized organizations (“Mixed Value Chains”), so far no groundbreaking technology was available to solve the issue of trustless participants not sharing information and payments in the most efficient way. Blockchain is such a technology and connecting it with Artificial Intelligence is the key to enabling the achievement of (quasi) maximum efficiency in such Mixed Value Chains.
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.
ORS GROUP is a pioneer in this area: for more than twenty years our AI-based software solutions have helped Fortune 2000 customers from various fields to automatically optimize trillions of digital transactions daily. What makes such achievements possible are so-called Hypersmart Algorithms, i.e. combinable modules of sophisticated algorithms. They are the building blocks for more than a hundred proprietary software solutions (the “ORS Hypersmart Solutions”) sold to global organizations.
Following our aforementioned business and technology trajectory, and harnessing our long experience providing innovative software solutions, more than a hundred leading algo-scientists and IT developers at ORS are currently working on connecting Hypersmart Algorithms with the decentralized information logic of distributed ledgers (aka blockchain) and the use of cryptocurrencies for
instant payments.
The development of the ORS Platform & Marketplace (open to third parties) for buying and selling Algorithms and Hypersmart Contracts will enable both established businesses and new blockchain projects from the Crypto Community to dramatically enhance their own business models and gain higher profitability and competitive advantage.
Hypersmart Contracts, Algorithms and other digital assets developed by both ORS SA as well as by third parties shall be freely tradeable on the Platform & Marketplace through ORS’ own utility token, the “ORST”.

Team Members

Pierluigi Riva
Founder and CTO
PhD, Mathematical Programming, London School of Economics and Political Science
 

Fabio Zoffi
Chairman of the Board

 

Felice Pollano
Chief Software Architect
Industrial Electronics Technology/Technician, ITIS Mondovì
 

Alexander Arotsker
HSC Community & PM
MSc, Political Economy, London School of Economics and Political Science
 

Antonio Vetro
Blockchain R&D
PhD, Computer Software Engineering, Polytechnic University of Turin
 

Chiara Allasia
Quant Team Leader

 

Ruggiero Scommegna
Quant Specialist

 

Claudia Costa
Software Architect
Bachelor’s Degree, Computer Science Engineering, Polytechnic University of Turin
 

Bryan Woods
Ethereum Developer & Team Leader
BSc, Physics and Computer Science, Royal Roads Military College
 

Jee Abbey Lee
Director Of Communications
Bachelor’s degree, International/Global Studies, Ewha Womans University
 

Pierluigi Riva
Founder and CTO
PhD, Mathematical Programming, London School of Economics and Political Science
 

Fabio Zoffi
Chairman of the Board

 

Felice Pollano
Chief Software Architect
Industrial Electronics Technology/Technician, ITIS Mondovì
 

Alexander Arotsker
HSC Community & PM
MSc, Political Economy, London School of Economics and Political Science
 

Antonio Vetro
Blockchain R&D
PhD, Computer Software Engineering, Polytechnic University of Turin
 

Chiara Allasia
Quant Team Leader

 

Ruggiero Scommegna
Quant Specialist

 

Claudia Costa
Software Architect
Bachelor’s Degree, Computer Science Engineering, Polytechnic University of Turin
 

Bryan Woods
Ethereum Developer & Team Leader
BSc, Physics and Computer Science, Royal Roads Military College
 

Jee Abbey Lee
Director Of Communications
Bachelor’s degree, International/Global Studies, Ewha Womans University
 

Advisors

Eric Achtmann
Advisor
MBA, Financial Management; Entrepreneurship, Massachusetts Institute of Technology – Sloan School of Management
 

Chandra Subramanian
Advisor
Masters, Computer Applications, University of Mumbai
 

Ingo Fiedler
Blockchain Advisor
Ph.D., Economics, University of Hamburg
 

Arnab Naskar
Crowdsale Advisor
Master of Laws, European and European Legal Studies, University of Hamburg
 

Eric Achtmann
Advisor
MBA, Financial Management; Entrepreneurship, Massachusetts Institute of Technology – Sloan School of Management
 

Chandra Subramanian
Advisor
Masters, Computer Applications, University of Mumbai
 

Ingo Fiedler
Blockchain Advisor
Ph.D., Economics, University of Hamburg
 

Arnab Naskar
Crowdsale Advisor
Master of Laws, European and European Legal Studies, University of Hamburg
 

February 2, 2014

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

February 2, 2014
May 10, 2015

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

May 10, 2015
June 21, 2016

The birth of mankind

Something really big happened around this period of time. It affected all of humanity. That explains everything.

June 21, 2016
Oct 2018
Release of the first Hypersmart Contracts
Oct 2018
Jan 2019
Official launch of the new release of the ORS RAMS Platform
Jan 2019