Oracle System

Oracle System (ORC)

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

1 ORC = 0.003 ₤ Turkish Lira (TRY)
0.0000604 TRY

Last updated: 2021-10-01 23:23:10 UTC - about 4 years ago 1 USD = 43.278399 TRY

General information
Global rank:4895
Name: Oracle System Oracle System
Symbol:ORC
Current coin price (TRY):0.003 ₤
Last hour:arrow_downward-0.010 %
Last 24 hours:arrow_downward-13.68 %
Last 7 days:-13.25 %trending_down
Capitalisation (TRY):0.000000 ₤
Volume 24h (TRY):159 004.84 ₤
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/Turkish Lira (ORC/TRY) price chart

Oracle System/Turkish Lira (ORC/TRY) 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.