Review on Orchid by francis fernandez
Orchid: uncensored global access
The use of the internet is increasingly necessary for society; even more so in times of pandemic where going anywhere is difficult. However, the internet also has its restrictions. Due to this, technological solutions have emerged that allow access to uncensored bandwidth, subject to the payment of the service to a provider, through a cryptocurrency. This is the case of Orchid.
Orchid is a platform that works under the technology and security provided by blockchain; to create a private digital network, known as a VPN based on the use of its native OXT token.
What is Orchid's mission?
Its creation is based on eliminating obstacles to free access to the internet by paying for the service using cryptocurrencies; facilitating to any person the possibility of acquiring broadband of the service provider members.
How does Orchid service delivery work?
Orchid has a set of broadband providers that provide the service to those users who pay through the OXT token, type ERC-20 that operates on the Ethereum chain.
The server providers are rewarded by the platform with the OXT token. On the other hand, those who demand broadband buy with OXT.
What additional benefits do Orchid providers and users receive?
Suppliers receive their reward without delays because payment management is done external to the Orchid chain, to streamline the process.
Users or clients avoid paying high monthly payments for internet services; since the payment is directly proportional to the consumption; that is, they only pay if they connect.
Seen in this way, Orchid is a platform with equitable benefits for both customers and suppliers.
Pros
- Private protocol
- Backed by digital money
- Contributes to free internet access
- Allows any individual to easily acquire bandwidth
- Create a network of bandwidth providers
Cons
- Has no coins in circulation
