This sounds like an interesting project, but we can't learn it deeply, since the information provided are still limited.
Waiting for more info to get a deeper understanding about the project.
We have very detailed whitepaper
https://orchidprotocol.com/whitepaper.pdf at glance i can say that our competitor might be for example skycoin
Interesting project. I would be great if you could highlight the differences between Orchid and it's peers (Skycoin)