Oracle System

Oracle System (ORC)

Full information about Oracle System (ORC). Current Oracle System price in AMD, ORC open/close rates, Oracle System history charts, Oracle System market capitalization and volume.

1 ORC = 0.023 AMD Armenian Dram (AMD)
0.0000604 AMD

Last updated: 2021-10-01 23:23:10 UTC - about 4 years ago 1 USD = 380.541304 AMD

General information
Global rank:4895
Name: Oracle System Oracle System
Symbol:ORC
Current coin price (AMD):0.023 AMD
Last hour:arrow_downward-0.010 %
Last 24 hours:arrow_downward-13.68 %
Last 7 days:-13.25 %trending_down
Capitalisation (AMD):0.000000 AMD
Volume 24h (AMD):1 398 108.75 AMD
Available supply:0.000000 ORC
Total coin supply:-1 ORC
Start date:2019-06-24
Last updated: 2021-10-01 23:23:10 UTC - about 4 years ago

Oracle System/Armenian Dram (ORC/AMD) price chart

Oracle System/Armenian Dram (ORC/AMD) capitalisation and volume charts

What is Orbit Chain (ORC)?

Orbit Chain is a multi-asset blockchain platform enabling the storage, transfer, and verification of information and assets across various public blockchains through Decentralized Inter-Blockchain Communication (IBC). It acts as a hub for public blockchains, allowing fluid asset movement and interaction within a single network. Orbit Chain's approach aims to solve the liquidity problem of traditional blockchain systems by standardizing multi-asset usage.

The ORC token supports multiple functionalities within the Orbit system. It is used for transferring data or assets on the platform, required for staking, and integral to governance, providing voting rights. The token is also part of the cost structure for using IBC within the blockchain.

What is Orbit Chain (ORC) used for?

The ORC token is used for transferring data or assets, staking, governance voting rights, and as part of the cost for using IBC.