Newsletter 29: Approaching Milestone

5 mins read

“There are better starters than me but I’m a strong finisher.” - Usain Bolt
It’s been 15 months to get to this point, and we’re just a week from completing the exchange. After reaching next week’s deadline, all development for exchange launch will be completed and we can focus on testing, fine-tuning and debugging before launching the testnet trading competitions beginning at the end of October or early September.

Although it’s taken a long time to get here and we’ve seen some new arrivals in the derivatives sector since we’ve kept to our timeline to ensure that we deliver the best user experience possible. Testnet will be carried over 2 months. When it comes to our work, we’re serious about getting it done right.

At the end of the day, it’s not how you start, but how you finish that matters.


Exchange Update: Development Completion @ 90%



The ability to customise your own interface



Mobile versions, simple modes and more are available for users to choose


Team Update: New Advisor for the US

For the past few months, we’ve been building our presence in the US in preparation for the long game in the cryptocurrency derivatives market. This resulted in the appointment of a legal firm, a broker-dealer, and a full-time BitOrb representative. We are happy to announce a new addition to the team with experience in the US financial sector to support our setup for the STO in the US.

Rand is an Honorary Senior Fellow at the University of Queensland with professional experience as a quantitative researcher for BlackRock and Bank of America Merrill Lynch in New York, USA. He has led research teams in the development of capital models, securitized products and factor models in both equities and fixed income asset classes. He has represented the financial institutions in their use of bespoke modelling approaches with copulas for capital reserve requirements to US regulators such as the Federal Reserve and the Office of the Comptroller of the Currency (OCC).

Rand has several academic publications in the areas of cryptocurrency, portfolio management, systemic risk, and quantitative trading. He has received several academic awards such as the Australia Award - Endeavour Fellowship and the Dean’s Award for Outstanding Theses. Rand is a Chartered Professional Engineer of the Mechanical College of the Institute of Engineers Australia (IEAust).

Marketing: 1st Intake for BitOrb Affiliate Programme

We invite all interested Master Traders | Influencers |Content Creators (individual or corporate) to apply for the BitOrb Affiliate programme before the end of SEPTEMBER 2019.

Thank you so much for investing in Orbyt Tokens. Remember to get your complimentary BitOrb Tee!
Back to work!


Hoong-Teng Lim

4th October 2019


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