Orchid

OXT

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Orchid
A decentralized, peer-to-peer marketplace called Orchid connects VPN service providers. In a November 2019 white paper, Orchid was first introduced. By enabling users to browse the internet over a decentralized, trustless VPN, Orchid seeks to reclaim consumers' control over their privacy. It was created as a response to the privacy issues with centralized VPN service providers and the Tor Project's Tor ("The Onion Router") performance issues. A person can prevent a website from seeing their actual IP address and location by using the Orchid VPN application. A user can also be protected from an Internet Service Provider (ISP) looking into their traffic using this. Additionally, it makes IPS firewalls useless, allowing users to freely access the full Internet. The Orchid network uses the digital asset token OXT to pay for VPN services. It is constructed on Ethereum and adheres to the ERC20 token standard. OXT can be purchased and traded in exchange for fiat money or other virtual currencies.
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