Oru Coin

FAQ

ORU Quantum ( ORU) is an individually coded widget product that we license. Each ORU is an application and component of an ORU interface representing contractual permission from ORU Market to access published and non published features or benefits within the ORU Market environment.


No, ORU is not a crypto currency nor a crypto coin. Crypto currency and cryptography utilize classical computing mechanisms to execute their intended purposes. ORU, on the other hand, utilizes next generation entanglement computing science. Crypto Currency or Coins are based on cryptographic protocols that are designed to be difficult to crack. They exploit mathematical functions, like factorization, that are easy in one direction but hard in the other, for an ordinary classical computer. Quantum computing however, can solve those problems easily.


No, ORUs are not a blockchain. Blockchain and blockchain transactions are stored in a distributed ledger that collates all the transactions carried out in a specific time period. This collection, called a block, also contains a cryptographic hash of the previous block, which contains a cryptographic hash of the one before that, repeated throughout in a chain. Hence the name blockchain. Quantum computing poses a significant risk to crypto currency as it has the ability to calculate and break the private key by utilizing the public key. ORU utilizes entanglement science to generate each individual ORU as a designated product. It capitalizes on quantum mechanical properties to perform cryptographic tasks. ORU also utilizes Heisenberg’s uncertainty principle and the No-Cloning Theorem which states that it is impossible to create an identical copy of an arbitrary unknown quantum state.


No it is not. An ICO, short for Initial Coin Offering, offers potential investors units of a new crypto currency or crypto token, normally in exchange against other crypto currencies such as Bitcoin or Ethereum. ICOs are usually and often used to fund the very development of the new crypto currencies it seeks to promote and sell. According to the Securities and Exchange Commission in the United States, ICOs bring increased risk of fraud and manipulation because they may be unregulated securities offerings and are often times not registered.  The ORU Market is privately self-funded and not raising capital to develop any technology and is not in any way, shape or form pursuing an investment in either ORU Quantum or the network itself. ORU Quantum is an existing product with full functionality and ability. It is not a token, coin or crypto currency.


No, ORU cannot be purchased with crypto currencies or tokens such as BitCoin, Litecoin, Ripple or Ether.


Quantum computing uses quantum mechanical phenomena such as superposition and entanglement. A quantum computer is a device that performs quantum computing. Whereas common digital computing requires that the data be encoded into binary digits (bits), each of which is always in one of two definite states (0 or 1), quantum computation uses quantum bits, which can be in superpositions of states. (both 0 and 1 at the same time).


Quantum teleportation is a process by which quantum information (e.g. the exact state of an atom of photon) can be transmitted from one location to another, with the help of classical communication and quantum entanglement between the sending and receiving location.

Quantum teleportation is a form of communication, not a form of transportation: it provides a way of transporting a qubit from one location to another without having to move a physical particle with it.


An ORU Security Validation Key validates the security, legitimacy and core integrity of the ORU and quantitative transactional verification. Each key has a limited time validity before it expires and a new one created. Each Premium subscriber can generate a Security Validation Key inside their ORU Quantum account and utilize this key for authentication purposes.


The Quantum Core is the system that produces the entangled information stream that manufactures each individual ORU product and its inherent properties.


ORU can be used for a variety of present and future purposes. Premium subscribers can utilize them to unlock advertising benefits, Gizmoh features and soon, Companion™ features. They can be used to unlock features in Augmented Reality platforms such as Blabeey. Since ORU is a widget, its internal code can be upgraded and enhanced to allow for the inclusion of future benefits and features on the fly without changing the fundamental structure of the product. Premium subscribers can buy and sell ORU to one another and convert it back into its cash value through services offered in the ORU Marketplace.


The ORU widget, within its software, has the ability to facilitate for the Premium subscriber, certain “keys” that “unlock” benefits and authentications within the network. The keys are a crucial way to authenticate the identity of the user, the integrity of the ORU, the integrity of a transaction and the efficiency of the benefit or feature.


No, ORU Quantum is not a security nor an investment contract. The Premium subscriber is motivated to purchase the ORU product, under limited license, and to then subsequently use it in the ORU Marketplace and as such, securities laws do not apply. The ORU Network has created ORU Quantum as a feature to benefit its Premium subscriber to ease and improve the use and benefits of the ORU Marketplace.

• ORU Quantum is not an investment contract as it does not involve an investment in the ORU Marketplace nor does the application of the ORU widget derive any profit from the entrepreneurial or managerial efforts of others.

• The ORU Marketplace expects that Premium subscribers will be motivated to purchase ORU Quantum for their own use and enjoyment, not to hold it soley and exclusively for investment purposes. While some Premium subscribers may purchase ORU with the hope of reselling them at a higher price, any profit resulting from such resale would be highly speculative as the market will not guarantee liquidity.

• The ORU Marketplace does not promote or condone the promotion of the ORU Quantum simply for speculative or investment purposes and has created safeguards to ensure a fair balance between usage and resale.

• There is no secondary (external, outside ORU) market available for the purchase or sale of ORU Quantum, it is only available to Premium subscribers within our subscriber network ecosystem.  Any Premium subscriber who promotes ORU Quantum to others exclusively for investment purposes, could be in violation of ORU’s terms and conditions and could be subject to subscription termination.



 


A product is an idea, method, information, object or services created as a result of a process and serves to meet a need or satisfy a want. It may have a combination of tangible and intangible attributes ( benefits, features, functions and uses ) that the seller offers the buyer for purchase. For example, a seller of a toothbrush not only offers the physical product itself, but also the benefit that the consumer will improve their health by using the brush to clean their teeth.  Likewise, the seller of software offers the product as well as the idea that the consumer will improve their ability to perform certain tasks, workloads and access to other products with greater efficiency. Products must meet the requirements of a particular market and yield enough benefit or value to justify its continued existence.