RAYS NETWORK

Rays Network-is cryptocurrency, which aims to revolutionize your experience in the world of cryptocurrency. We have identified common problems of cryptocurrency, starting from usability and ending with the way decentralized systems work. We accept known functions in the world of cryptocurrency, such as delegated proof of share (DPOS) and protocol with several algorithms, but we have changed the functions to meet the needs of our community.

Problem

The industries need a blockchain which should be Secure and Private. General cryptocurrency users require Low Transaction Fee, Fast Speed, and Security.

Solution

Flexible Blockchain Network (FBN)

We have a solution for both; a Secure and Private blockchain for industries, and a Secure and Fast cryptocurrency for general users. Our technical team is working on a Flexible Blockchain Network (FBN) which may switch between General and Enterprise users as required by the users for their needs. Sufficient progress has already been made and a Minimum Viable Product (MVP) has already been developed to prove the FBN concept. Bulletproof protocol is selected to implement this Flexible Blockchain Network.

ADVANTAGE RAYS NETWORK

A Blockchain

RAYS Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. RAYS Network is looking to solve many of these problems.

A Cryptocurrency

RAYS Network is a cryptocurrency that aims to revolutionize your experience within the cryptocurrency world. We have identified common cryptocurrency issues ranging from usability to how decentralized systems operate. We are adopting known features in the cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and multi-algorithm protocol but we have modified features to accommodate our community’s needs.

Privacy and Security

We will achieve real privacy and security by choosing the right algorithm (in this case the Bulletproof Algorithm). By refining it in our unique way, we will be able to achieve really high network scalability and keep the highest standards of safety at the same time.

The implementation of one of the two additional protocols such as TOR or I2P will allow our users to enjoy total privacy. Thanks to these two protocols, none of the transactions can be traced in any way.

The implementation of the bulletproof protocol will make the RAYS Network also immune to attacks from quantum computers.

Ultra Fast Transaction with Zero Fee

By choosing a multi-algorithm protocol, we will be able to improve it in an appropriate and unique way for us to maximize the scalability of our blockchain network.

Through the internal voting of our development team, we unanimously chose that our blockchain network will have the zero transaction fee, which means that all transactions carried out by RAYS Network will have zero costs so that RAYS cryptocurrency may get well adopted at highest possible level.

Customized Delegated Proof of Stake

One of the special features of our project is Customized-Delegated Proof-of-Stake or C-DPoS. It is the most decentralized, fast, and efficient protocol known to date. C-DPoS is an extended version of DPoS with inclusion of Trusted and Efficient labels being assigned to best performing Delegates. C-DPoS a robust and flexible consensus protocol. Deterministic selection of block producers will allow transactions to be confirmed in an average of just 1 sec.

Multi Transaction System (MTS)

One of our planned blockchain feature is a one-click Multi-Transaction System (MTS) where a head of the company can send payments to all of its employees using just one click. There are hundreds of such possible applications of blockchain. Not even limited to digital currency payment, in such blockchain network, one user may send data to hundreds of other users or systems in the blockchain.

Prime RAYS Features

Customized Delegated Proof of Stake (CDPOS)
Bulletproof Protocol for Privacy
Flexible Blockchain Network (FBN) [Public and Private]
Enterprise Privacy Blockchain Solution (EPBS)
Zero Transaction Fee
RAYS PAY & Microtransactions
Multi Transaction System (MTS)
RAYS Research Laboratory
RAYS 3S Wallet
Quantum Proof
GDPR Compliance

ICO Details

General Information

Token: RAYS

Platform: Ethereum

Standard: ERC20

Number: 500 million RAYS

Price: 1 RAYS = 0.25 USD

Payment: ETH, BTC, Xsh

Soft cap: 2 million USD

Hard Cap: 20 million USD

KYC: Yes

ICO

Quantity: 40%

Start: 01.12.2018

End: 31.12.2018

ROADMAP

Q1 2018

RAYS idea created Initial Team Formulation Creation of Roadmap Official social medias & official email Github for RAYS Project developers Research and Study of Existing Blockchain Protocols and Algorithms Understanding the needs of customers Team Discussion and Decisions for Solutions to ensure the requirements of Community Pre-Whitepaper Preparation.

Q2 2018

Website Launch RAYS Network Ltd registration (first office in UK) RAYS Skymap Pre-launch marketing strategy and materials Research regulations and compliance procedures RAYS Enterprise and Digital ID Core Preparation RAYS 3S Wallet Discussion Find current projects that will provide valuable functionality to RAYS Enterprise Whitepaper 1.0 release Preparation for AI Master Nodes Dev & Quantum Proof Preparation of Digital ID Implementation Understanding Industries and Integration Marketing campaigns launched to increase awareness of RAYS Project Preparation for Private and Pre Sale AlphaMVP – RAYS Simulator 1 ERC20 Smart Contract for Token Sale Smart Contract Audit.

Q3 2018

Private and Pre Sale Technical whitepaper 1.0 release Preparation for Exchange Listings Preparation for RAYS Cloud Wallet FBN Blockchain Development Starts Release of Cloud wallet RAYS Partnerships Preparation of Windows and Linux wallets RAYS Enterprise Relocation Prepare for RAYS Exchange Team Expansion.

Q4 2018

First Partnership Announcement Release Windows and Linux Wallets Listing on at least one top rated exchange other than IDEX Listing on https://coinmarketcap.com Preparation for RAYS Smart Contracts Release RAYS Exchange Technical Whitepaper Update 1.1 Release New Skymap for 2019 Preparation for RAYS Mobile App Establishment of RAYS office in Asia Academic Collaborations and Establishment of RAYS Research Laboratory Skymap for year 2019 release.

2019

AI Master nodes Quantum Proof More Exchanges New Partnerships RAYS Flexible Blockchain Network (FBN) Performance and Security Audits RAYS 3S Wallet RAYS Mainnet Deployment And a lot more to come.

RAYS 3S Wallet – Secure, Safe, & Smart

RAYS 3S Wallet will be a highly secure hybrid wallet with the encapsulation of keys using KEMs on hardware by means of highly advance cryptographic primitives like data protection, hash functions, digital signatures, and OAKMD schemes.

Secure

Zero Trust: RAYS Wallet’s security will be based on the principle of zero trust and will be protected by NIST approved advanced cryptographic primitives.

2FA: RAYS Wallet will have Two Factor Authentication.

Anti Phishing: RAYS Wallet will have Anti Phishing Measures.

SAFE

Pin Key: RAYS Wallet provides currency holders with a high degree of security via the use of a unique PIN key that can be up to 9 digits long.

Total Privacy: RAYS Wallet will use extra level of protection that doesn’t log private information when connecting to network.

Recovery: In the event of lost of the wallet seed, the user can easily backup his/ her wallet credentials via of a “recovery scheme”.

SMART

Automatic Disable Feature: if a person tries to hack/ access the wallet forcefully, it will automatically disable itself after a certain number of failed attempts.

Accountability: RAYS Wallet needs physical approval for all internal transactions to be executed.

Smart KMS: The smart security policy of a key management system provides the rules that are to be used to protect keys and metadata that the Key Management System supports.

TEAM

Umar Shafiq

Chief Executive Officer

Tomasz Betko

Director

Michal Mikolajczyk

Chief Compliance Officer

Michael Gehlert

Chief Business Officer

Keiran Hussey

Blockchain HR Manager

Daniel Farr

Principal Blockchain Consultant

Pankhuri Bansal

Marketing Manager at Bitcoin Gold and Huboi Token

Anas Alvi

CTO at AppZilla in

Umer Aslam

CEO at Digitize Coin, Former Portfolio Manager at IBM

Robert Schmidt

Content Writer

Bilal Dastagir

CEO of rayswallet.com, Specialist Cryptographer

Shahid Karimi

Web Developer, System admin

Philip Amara

Community Manager

David Bochno

Graphic Designer

Tatiana Liulka

Graphic Designer

Sadia Bruce

Business Development Officer

Ashonzay Matlock

Blockchain Trainer

Aqib Malik

UAE Business Expert

Guiller Jay Felix

Specialist in Bounty Management

Divij Sood

Community Manager

Markus Saitmacher

Lead Developer

Hassan Hashmi

DPoS Architecture Design

Sal Kuyateh

Blockchain Developer

Nemanja Lazic

Blockchain Developer

Corey Wilton

Community Manager

Jakub Olan

Graphic Designer

Advisors

Ismail Malik

CEO of Blockchain Lab

Daniel Steeves

CEO – Steeves Solution

Badri Narayanan

PhD., Advisor to Governments

Dr. Fahad Guraya

Ph.D – CEO at opolo.io

Simon Emil Bierling

Former Twitter Employee – Founder at ICOSocial

Muhammad Shakil

CEO – BandZ Network

Dr. Subhajit Chakrabarty

Ph.D Finance, Ph.D Researcher in Computer Science

Joss Colchester

Founder & Director at Complexity Labs

Wannipha Jen Buakaew

Jenny from the Blockchain

Savio Gomez

Fintech Blockchain AI Start up Advisor

Thomas Enechi

Entrepreneur | Blockchain/ICO Advisor

More information contact :

Website: https://rays.network

Whitepaper: https://rays.network/whitepaper1.0.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4470532.msg%msg_id%

Facebook: https://www.facebook.com/RaysNetwork

Medium : https://medium.com/@RaysNetwork

Twitter: https://twitter.com/Rays_Net

Telegram: https://t.me/RaysNetwork

Youtube : https://www.youtube.com/channel/UCgh_M003xFPkhS9BFr-3e_g

Author : upik05

Telegram Username : @upik05

BTT username : upik05

BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2205131

Address wallet

0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4