Orchid, a peer-to-peer decentralized bandwidth market company, launched its crypto-enabled VPN app on the Apple Store. The launch comes at a time when demand for VPN apps and services is at its highest. Apple users can simply download the app and start using it primarily in countries like Dubai, China, and Hong Kong.
Using Orchid crypto enabled VPN incentivizes the bandwidth provider in the native digital token, OXT. The CEO of Orchid Labs, Dr. Steven Waterhouse, commented on the motivation behind the launch and expansion of its VPN service across various platforms and said:
“Orchid’s mission is to enhance the global human right to internet privacy. Orchid has been available to the crypto industry for some time, so the launch of the app is really about bringing privacy to a wider audience. The app even allows users to make in-app purchases of the crypto-backed credits needed to access the network, so it’s no longer required for users to bring their OXT (although they still can).”
Orchid VPN and Various Use Cases of Native Token OXT
With the latest iOS release, users won’t have to buy the native OXT token from an exchange. Instead, the purchasing option will be made available within the application. The CEO of the firm said that their next focus would be to bring the app to more users and expand its customer base. He said:
“Orchid users can now use Apple Pay to purchase the OXT-backed credits needed to access bandwidth. Having our own digital asset, we can create incentives for our community to grow as well as solve technical hurdles like nano payments. We are growing our communities globally and have expanded our reach with listings on Coinbase, Gemini, OKEx, Bittrex, Kraken, CoinDCX, MXC, and others.”