Rubius — Instant Fiat Conversion
Rubiex
Rubiex will be a web-based cryptocurrency exchange which will host hundreds of coins and tokens like bitcoin (BTC), Ethereum (ETH), Ripple (XRP), etc. The focus of Rubiex will be to facilitate trading through our high-quality user interface or our API functionality. Although Rubiex will begin as a crypto-exchange, we plan to later incorporate all types of tradable assets such as stocks, ETFs, mutual funds, fiat currencies, etc.
Merchant Software
We plan to develop software to facilitate trustless merchant services in both physical stores and eCommerce marketplaces. For physical stores, we will attempt to develop decentralized point of-sale (POS) software that can facilitate payments made via Apple Pay, Google Pay, or credit/ debit card. To facilitate payments for physical stores and online marketplaces, we plan to use decentralized applications to develop novel payment gateway software.
Rubius Smart Escrow (RSE)
To promote the adoption of cryptocurrency, we plan to develop an escrow mechanism using Ethereum smart contracts. With a normal escrow process, an asset is kept in the custody of a third party and will only be released once a service has been filled or a product has been delivered. For the Rubius Smart Escrow (RSE), this asset will be your cryptocurrency payment and there will be no third party involved (unless one has been specifically requested before deploying the contract). Instead, users will both agree upon a set of conditions before deploying the contract and these conditions will define where the assets will go in the case of a dispute. The RSE will be incorporated into the Aryl payment platform in a later version so that users can select and deploy contracts from inside the app.
Rubius Smart Loans (RSL)
The RSL will be very similar to the smart escrow application because they will utilize Ethereum smart contracts to conduct simple loan operations. The smart loans will be designed for small agreements between friends and the users will be able to deploy loan contracts directly from their Aryl app. Similar to the RSE process, the participants will agree upon a set of conditions before the contract is deployed. In the Aryl app, users will be able to select another friend to act as an arbitrator for the agreement to mediate in the case of a dispute.
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.
Customer Service
Unlike some of our competitors in the market, we will be extremely focused on providing excellent customer service. All of our software applications will be manned by a support team that will be accessible at all times via email or phone.
You will never have to worry about unanswered tickets. We will respond within minutes to address every issue that you have.
ICO Details
We have dedicated 70% of all Rubius coins to our initial coin offering. Our Pre-ICO will begin on July 31st and last for two weeks. The main sale for our ICO will start at 2:00pm EST on August 21st, 2018. The ICO will consist of three phases, spanning across five weeks (or until all tokens have sold). After the end of each phase, the price will increase, so we recommend participants get their RUBYs early.
Instant Fiat Conversion
Rubius is making a much-needed feature in its Aryl wallet. This is the first wallet that will give users the ability to protect themselves from volatility. Rubius has called this feature the Volatility Shield.
Anyone can download Aryl and benefit from this amazing feature. Aryl users can activate the Volatility Shield and all incoming cryptocurrency transfers will be instantly converted to fiat or stable coins. This means that all the people who are employed by crypto projects and are paid in ETH or BTC can now peacefully receive their payments. As soon as their payment is deposited into their wallet, Aryl’s Volatility Shield will take over. There won’t be any need to rush to an exchange with a fast-beating heart, anxious eyes, and sweaty palms, hoping to secure fiat before ETH drops. The volatility shield is the best anxiety pill for people like me!
Aryl solves a real problem from the moment it will launch. While a lot of ICOs are targeting theoretical solutions, it’s good to see that Rubius is developing something that will provide immediate benefit to a lot of people.
The cryptocurrency market and community are growing and as digital currencies become more popular, more jobs are likely to participate in crypto-based payments. This is particularly true for jobs that involve freelance work because freelancers work with clients across borders, and cryptocurrencies are very convenient ways providing cross-border pays. This means that Aryl can expect a growing userbase over the years.
SUMMARY & CONCLUSION
There are over 1.7 billion unbanked adults in the world who are forced to operate in a cash or barter system which promotes crime and corruption. Cryptocurrency solves all of the problems necessary to bank the world and provide everyone with common financial services.
Although bitcoin was invented almost a decade ago, mass adoption of cryptocurrency has not yet taken place due to one massive problem: the software is terrible. None of the crypto- wallets are designed as consumer-friendly payment apps. Instead, they are all rushed low- quality products developed solely for their ICO, and most likely will never see a single update or improvement.
Therefore, Rubius plans to develop consumer-facing financial software that will utilize cryptocurrency and blockchain technology.
Our primary product, Aryl, will be an easy-to-use payment application which will utilize decentralized crypto-wallets, as well as provide access to our cryptocurrency exchange, called Rubiex. Our applications will be powered by Rubius coins, which is our own cryptocurrency that is being offered in our ICO in order to raise the funds needed to develop our software.
After producing these initial products, we will expand our business to include a wide-range of financial products and services, such as offering equity trading on Rubiex, providing banking services through Aryl, and developing merchant services (i.e. POS Software, Payment Gateways, etc.).
In the future, after implementing all of our financial products and banking the world, we plan to change our focus to blockchain R&D. We plan on creating our own blockchain infrastructure and becoming the world’s first decentralized internet provider.
Website : https://rubius.io/
Whitepaper : https://rubius.io/rubius-whitepaper.pdf
Ann Thread : https://bitcointalk.org/index.php?topic=3254617.0
Twitter : https://twitter.com/Rubius_Inc
Telegram : https://t.me/rubiuschat
Medium : https://medium.com/rubius-inc
Facebook : https://www.facebook.com/RubiusInc
Youtube : https://www.youtube.com/channel/UCtNH8Px0_rU9-T52XrHxW1Q?&ab_channel=Rubius
My Profil : https://bitcointalk.org/index.php?action=profile;u=2289278;sa=summary
