Rays is one of the first decentralized smart-contracts and blockchain based platforms. It mainly focuses on enhancing the privacy quality of its users and along with maintaining the transparency and security of their blockchain. The transactions Rays Network offers are extremely comprehensive transactions. Though Rays Network is a single project, it has five products that include Rays Cryptocurrency, Rays 3S Hardware wallet, Rays Cloud Wallets, Rays Research Laboratory and Rays Exchange. These promote cryptocurrency into the next level where transactions can be done without any limitation. Factors such as time and geographical locations are no more considered to be obstacles in business transactions with Rays products.
Rays also conduct referral programs and ambassador programs that allows the users to earn up to 15000 dollars. These promotions of Rays are beneficial for the users to be engaged with Rays to gain more benefits in the cryptocurrency community. Cryptocurrency is promoted by Rays with the blockchain technology, there it is a digital currency that is in the transaction. This is a new experience in the developing world. Rays also join hands with universities all over the world through the formation of partnerships that will take them along the way with all the experiments regarding cryptocurrency. Researches are continued in these universities where innovations take place that helps to simplify the process of cryptocurrency along with blockchain technology.
Though blockchain technology is used worldwide most of the people are unaware of its benefits. Therefore they do not regard it as an important technology that can affect them in a positive manner. Since all the transactions are regarding money people, have to be able to trust a third party to be able to complete a transaction. Blockchain technology can challenge this status quo in a radical way. By using math and cryptography Blockchain provides an open, decentralized database of any transaction involving value, money, good, property, work or even votes creating a record whose authenticity can be verified by the entire community. Hence any user who has an internet connection can engage in a business transaction without the involvement of a third party. This is why Rays is based on blockchain system because then transparency can be maintained along with privacy, efficiency, and security. Blockchain in the future will eventually become a decentralized source of trust but unfortunately, not everyone is aware of it.
Hence with the influence of blockchain technology Rays is evolving into a position where it can meet the society’s needs in a less expensive and potentially more securely manner. If credibility is an issue with business transactions done through the internet using cryptocurrency, then Rays Network system comes forward in introducing a solution to it through blockchain that has the power to eradicate all the barriers and trust issues. Moreover, Rays Network System has the potential to guarantee its users about their project and products because it has all the qualities a trusted system should be composed of, especially because it follows an user-centered system.
Website Link: https://rays.network
Whitepaper Link : https://rays.network/whitepaper1.0.pdf
ANN thread Link : https://bitcointalk.org/index.php?topic=4919643
Facebook Link: https://www.facebook.com/RaysNetwork
Twitter Link : https://twitter.com/Rays_Net
Telegram Link : https://t.me/RaysNetwork
Bitcointalk username : paisleyevelyn
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1472403