Orbs Bursts onto the Scene: August 2018 Recap

Billy Attar
The Orbs Blog
Published in
4 min readSep 6, 2018
Image by Marina Rudinksy

August was an eventful month for Orbs. Instead of the usual lull companies face, we worked hard to bring you big news to cap off the Summer.

After weeks of preparation, Orbs announced its long-term partnership with Ground X, the Blockchain subsidiary of Korea’s strongest chat app, Kakao. We are also opening the official Seoul office of Orbs Korea with five full-time employees. You can read more about the announcement in Coindesk Korea, CrowdfundInsider, Blockchain News, or one of the other 30+ outlets that covered the event in Korean and English.

This is just the beginning.

It follows several visits by Uriel and Daniel Peled to Seoul, as well as Leonid Beder and Oded Noam’s visit Ground X’s Jeju Island headquarters for a keynote presentation at their event during Korea Blockchain Week in July. We have met so many impressive players and know Korea is the right choice for Orbs’ expansion: Indeed, the entire blockchain industry.

Gyeoungbuk Coin

Alongside Ground X, Orbs will now partner with the Korean province of Gyeongsangbuk-do to produce Gyeongbuk Coin. It will replace the state’s loyalty gift card plan, “Hometown Love.”

The Gyeongbuk Province of South Korea

The partnership is an incredible opportunity to work directly with a government that is fully on board with the blockchain and crypto vision. This — and initiatives like the idea to turn Jeju Island into the Hong Kong of crypto — validate Orbs’ view that Korea is becoming a true Blockchain Nation.

Blockfesta 2018

Uriel was back in Korea August 22–23 for Blockfesta, where he spoke about a ‘New Strategy for Mass Adoption’ involving our streamlined system using intelligent sharding to stack smooth-operating virtual chains on top of our general network.

Our own Oded Wertheim gave a full presentation of the Orbs architecture, explaining the advantages of blockchain virtualization.

Daniel and Uriel were also pleasantly surprised to get the chance to meet and talk to the mayor of Seoul, Park Won-soon, during the event. It was a pleasure for our co-founders, and a real sign that every level of Korean life is serious about blockchain.

Women in Blockchain

Danny Brown Wolf represented Orbs at two panels last month. First in New York, at the Careers in Crypto panel with Tiffany Gray, Elen Awalom and Amanda Frankel.

She also sat with with Casey Caruso and Jasmine Gill at the Women’s Blockchain & Cryptocurrency for Beginners meetup in San Jose

September: Meetups, New Projects, Major Events

Uriel heads back to Asia next week. We will be in South Korea September 13 and 14, then in Tokyo with the head of Orbs Japan, Mayo Hatto, to meet with potential partners. Orbs will hold its first two Japanese meetup in Tokyo on September 15 and 16. We want to see you there — check out the Orbs page on LINE to get the details.

You can see Danny Wolf again on September 17 in New York for a fireside chat with Lou Kerner, the co-founder of Crypto Oracle. Register for the Meetup.

On September 19 and 20, our new Hexa Group General Manager Michal Simler Ben Yoseph and Hexa Group COO Ran Melamed will be at Consensus Singapore.

Researcher David Yakira will present on the Helix Consensus Algorithm managing Orbs’ randomized proof-of-stake (RPoS) at the IEEE Conference at the University of Cambridge, September 24–27. The research team will soon also welcome a new member from the lab of prominent cryptographer Rosario Gennaro of the City College of New York.

Our intern Gil Dagan will start writing the initial smart contract for our new smart cars project, to be hosted on its own virtual chain on the Orbs Network. Go check out his first post on applying blockchain to smart car networks.

We expect news about our token release and beta mainnet release to follow in the coming weeks. Please stay tuned and join our various communities — in English, Japanese, and Korean — to get the latest updates.

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