Why is there Such On-Going Hype around Cryptocurrency, and is it Actually Masking the Power behind Blockchain Technology?
Bitcoin is already amidst the throw of a turbulent year; the recent ban on Cryptocurrency advertising from the world’s biggest search engine (Google) and social media platform (Facebook) is to proceed in June 2018, with rumours of Twitter to soon follow suit. This year has commenced with a lot of turmoil in the Cryptocurrency world. However, specialists argue that this has been necessary to preserve the long-term health of the market. Despite the industry currently in overdrive, key observers of the Blockchain say the technology is bound to not only survive but thrive.
The general outlook for Blockchain in 2018 looks to be increasingly positive: Fiat service provider, Robinhood, of which over 1 million people have signed up for, announced their zero-fee crypto trading on February 22nd; March 15th saw the official release of Lightning Network’s first beta implementation for the Bitcoin mainnet, securing $2.5M in seed funding; and one of the most important Polish Cryptocurrency exchanges, Bitbay, has decided to add support for Ripple (XRP) and Infinity Economics Token (XIN), impulsing the IoT to the mass market. It is clear that the production of mass market–focused products will finally be launching this year, making it a lot easier for the wider public to start building on and using the Blockchain.
What Does That Say About the Future of our Global Workforce?
As widely proposed in recent news, the future is autonomous. We are already moving towards a workforce that could be purely operated with combined use of Artificial Technology and robotics. Recent evidence from the McKinsey Global Institute’s study of 46 countries and 800 occupations found that up to one-fifth of the global workforce will be affected by robot automation. According to the report, 39 to 73 million jobs may be eliminated by 2030 in the US alone, but about 20 million of those displaced workers may be able to easily transfer to other industries.
But what if there was a way that the inevitable influx of automated workforces didn’t have to affect the world’s rate of human employability? What if there was a solution that could effectively convert the masses into fully equipped entrepreneurs, by applying one straightforward concept?
President and Executive Chairman of the Board, Fabio Zoffi, together with his colleague Prof. Pierluigi Riva, founder and CTO at ORS GROUP, are on an incredible mission to transform 1 Billion people into small entrepreneurs by the year 2040.
How will they do this? By making the proprietary algorithms their company currently uses for the world’s largest companies available to small businesses and entrepreneurs together with the Blockchain technology.
ORS GROUP’s innovative new concept of Hypersmart Contracts provide the mechanism by which they will do this: connecting Artificial Intelligence and Blockchain to apply science to business and make companies of all sizes competitive on a global landscape.
President Zoffi says “we are creating communities of like-minded people around the globe, who want to embrace the new digital alphabet ABC – A.I., Blockchain and Cryptocurrency, to turn their businesses into highly competitive ones, in almost any industry sector.”
Behind the Algorithms – The ORS GROUP
Founded in Italy, ORS GROUP is a leading global supplier of cross-industry software solutions for optimizing and automating business processes. Their large international client base includes that of Fortune 2000 enterprises and span industries like retail, energy, finance, and manufacturing. For over 20 years the company has delivered sophisticated software using proprietary Artificial Intelligence, Machine Learning and Big Data Analytics algorithms, saving their clients over $1 billion yearly.
Empowering a Global Decentralized Network – It’s Easy as ABC
ORS GROUP’s new digital alphabet acts as an intelligent system of connectors; activating A.I. algorithms (off-chain) to solve complex efficiency/optimisation problems utilising data stored on-chain. They can also release instant crypto payments. Together, these technologies can lead to significant improvements in global value chains, which even small farmers can benefit from. For example, algorithms can be used to predict crop yields and for dynamic price optimisation, Blockchain can be used for providing transparency about the whole food chain and Cryptocurrency used for receiving immediate payments. As an end result, small farmers can regain negotiating powers against distributors and compete globally.
Imagine the possibility of a future decentralized network of small companies on a planetary scale, empowered by technologies which enable the “little guy” to put their big ideas into action and to be competitive against the “big boys”. Individual entrepreneurs will become empowered once they are provided with the technology to educate themselves, resulting in the establishment and growth of fully automated and successful businesses. ORS GROUP continues to dedicate itself to ensure that any entrepreneur with a dream will be able to compete on a global scale and in an autonomous world.