01 Original distributed ledger technology specialized for payment
(DLT : Distributed Ledger Technology)
In payment systems, accuracy and immediacy are so minimal and paramount that they are not even defined as requirements, and Orb’s distributed ledger technology ensures this paramount requirement for accuracy and immediacy at a high level.
Orb’s distributed ledger technology also ensures tamper-resistance, availability, and scalability. In particular, the scalability achieves linear scalability, which is difficult to achieve with blockchain.
(However, it does not include the characteristics of blockchain, such as de-centralized control, transparency, and traceability.)
02 Flexibly configurable, and strictly processing of complex digital currency behavior
The complex behavior of digital currencies can be flexibly and easily configured for multiple currencies on the same base.
These complex behaviors are handled with transactional precision, preserving ACID characteristics.
03 Providing as middleware that application developers can use for various use cases
Orb DLT consists of three components.
In addition to providing distributed ledger technology, Orb DLT also provides the external connection API required for their own original payment methods and something like “XXX PAY,” allowing for flexible and easy implementation of such external linkages.
External Connections
(Separate contracts / procurement is required with each connection.)
・Cash Charge Machine : Glory
・Credit Card:GMO-PG, STORES (formerly Coiney)
・Multiple Bank Accounts : “Bank Pay” service that allows recharging from more than 140 banks nationwide, including 5 metropolitan banks (under development)
・Specific Bank Account : SBI Sumishin Net Bank (connection verified)
・Electronic Stamps : Gifty
・Face Recognition : NEC