Rubius Introduction

in ico •  6 years ago 

Introduction

From purchase, to sale or send, Rubius offers the complete crypto-payment ecosystem.

The end-to-end solution begins with the Rubiex exchange. There, users can purchase and trade cryptocurrency within an intuitive environment. The exchange leverages extremely low fees to offer greater value than its competitors.

Rubius’ next link in the chain offers users a secure tool to send and receive cryptocurrency. The versatile Aryl wallet serves as both decentralized bank and exchange facilitator. The wallet’s user-friendliness allows for confusion free payments between users, and Aryl’s Volatility Shield protects wallet value by converting unstable cryptos into a preferred, steady currency. The Shield’s streamlined conversions allow users to quickly liquidate their holdings from an exchange without excessive fees or long queues typical of other “cashing-out” methods.

RUBY tokens power this innovative ecosystem. Users who transact with the native Rubius currency receive 50% off fees across all platforms.

Proceeds from the ICO will be used to develop the first crypto network to solve the issues of over complexity, exploitative fees, and volatility. Early investors will benefit from adoption at the premier stage of development, when the coin is at its cheapest value. Eventually Rubius will expand to explore further blockchain solutions outside the financial sector, and RUBY tokens will always be at the heart of these ventures, increasing in utility and demand.


Rubius Software

Rubius software will be designed for the consumer and will be continually upgraded and improved indefinitely. This may include rebranding our products in specific regions to help promote mass adoption. Our goal is to provide the entire world with access to banking and financial services through our software products. All of our products will be open-source, free- to-use, and will have zero-trust involved. Our products will utilize decentralized applications and operate on existing blockchain platforms like Ethereum.


Benefits of Rubius

The Rubius project was created by the company, Rubius Inc., which runs the software using blocking technology. The company is located in America in the state of Florida. The company's activities are focused on the development of crypto-currency products, services, and solutions that help to stimulate the economic development of digital assets.

Rubius will begin working as a software provider, with the subsequent creation of a world-class new bank, offering financial services for mass use through the project software.

The main product of the platform is the development of the application of a new level - Aryl, which allows to minimize volatility in the cryptocurrency market and protect users' funds from quick loss of value. Activating the protection against volatility, each user's money will be automatically exchanged for the selected cryptocurrency or converted into fiat, depending on the set parameters. Artificial intelligence Aryl acts according to the given algorithm.

Aryl offers profitable terms to traders for conducting trading operations. The cost of one transaction is 1% of the amount, which is a competitive offer in comparison with competitors.

Calculations on the platform are carried out using smart contracts, reducing the cost of the transaction and increasing the profit of the trader. Smart contracts allow you to perform transactions on Aryl in a matter of seconds using a digital signature.


RUBIUS PROTOCOL

The Rubius protocol is a decentralized blockchain solution that focuses on the transfer and exchange of Rubius coins. This protocol is focused on serving an ecosystem of Rubius software which will provide the world with trustless, ubiquitous financial services.


Rubius Coins

Rubius coins or RUBYs are a decentralized cryptocurrency based on the ERC20 token standard. RUBY transactions are simple, safe, and low-cost.

RUBY coins are an autonomous digital currency supported by the Ethereum platform and all RUBY transactions will be processed by the Ethereum Virtual Machine (EVM). The EVM ensures transparency by verifying, recording, and publishing all transactional data.


Coin Buyback and Burn Once

our company becomes profitable, we will begin a coin buyback and burn process where we will spend 20% of our quarterly profits on buying back RUBYs and burning/deleting them. We will continue this process until there is circulating supply of only 100,000,000 RUBY.


Rubius Ecosystem

The Rubius ecosystem consists of our smartphone app called Aryl, our web-based exchange called Rubiex, the Rubius coins, and will include all of other proposed products. The ecosystem intertwines smartphones, laptops, desktops, tablets, and all other computing devices into a platform for financial security.


Decentralized Social Media

We plan to explore the potential of using the blockchain as a host for a decentralized social media platform. This may include expanding Aryl’s social media features to include more detailed user profiles and a secure messenger feature. Or, this may include developing our own novel social media platform. At Rubius, we envision a world where your data is owned by you and can only be sold or distributed with your permission. After implementing our financial software, we will experiment with different ideas to try and bring our vision to life.


Security

For all of our applications, security will be our highest priority. Our products will already have a security advantage over traditional financial solutions because the traditional service providers operate using centralized ledgers, whereas we will be utilizing decentralized ledgers. Centralized storage means that your important data is stored in one (or a few) locations which leaves the sensitive data vulnerable to attackers. With decentralized storage, your data will be distributed amongst tens of thousands of computers, making it impossible to hack because the attackers would need to gain majority control of the fault-tolerant blockchain network.

To improve security, we will be publishing all of our products as open-source so that they can be publicly audited. We will also hire IT security professionals to do their own evaluations of our software and systems. We will strive to maintain the highest levels of IT security to protect the assets of our users. After our ICO is complete, our first move will be to hire full-time security personnel to oversee our operations.

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