You may have heard many cryptocurrency media as the day goes on. What is cryptocurrency anyway? Cryptocurrency is a digital form of currency. Unlike physical notes and coins we use day to day life, cryptocurrency is data stored via digital code. Also it is called cryptocurrency because data is provided secrecy and reliability by using cryptography.
Satoshi Nakamoto is believed to be the creator of cryptocurrency. Through Bitcoin this individual has introduced a banking world where no trust is involved, no interest or loans needed which enables peer to peer payments in digital world almost solving many problems in physical banking system.
From the look of it cryptocurrency is easy to use, but it is not popular among many adults. One of reason behind this unpopularity is that consumers hard to find the software user friendly, not designed them to reach the consumers. Most of them focus to produce a minimum viable product, which ICO will never advance because they were only in it for the money. That is where Rubius will come in to your aid.
Rubius can be identified as a complete crypto — payment ecosystem which creates products and services built on blockchain technology. Rubius ecosystem consists of the smartphone app named Aryl along with the web based exchanged named Rubiex and Rubuis coins. This system can be used in smartphones, laptops, tablets and desktops. Solving above problem it aims to give more accesses for the consumer to reach cryptocurrency and blockchain. Rubius continue to operate in Tempa, Florida, USA.
Rubius software is designed targeting the consumer and it will be updated continually to serve better. The goal of Rubius is to give the entire world a path to access to banking and financial services via the software products. All these products are open source and zero trust involvement is needed. Rubius’s products will utilize decentralized applications using existing blockchain platforms to operate.
Cryptocurrency coin used here is also called Rubius as well as the company name. This Rubius currency works similar to bitcoin and other cryptocurrencies you know. It mainly focuses on the transfers and exchanges based on a decentralized manner following ERC20 token standard. Rubius coins is also known as RUBYs. RUBYs offer a simple, low cost and safe transactions for its consumers. All transactions will be managed by the Ethereum Virtual Machines which ensure the transparency by verifying, recording and distributing the transactional data. Rubius offers extremely low fees and greater value compared to its competitors.
Rubies is developing the app called Aryl which is an easy to use “Ethereum wallet” and also a payment platform. This app allows its users to send, receive and request payments in the currency according to their choice. Rubiex is the web based exchange for cryptocurrency which is hosting coins and tokens such as Bitcoin, Ripple, Ethereum etc. It will smooth the tradings through high quality user interface.
In our next article, we will have a deep look into the Aryl app and Rubiex exchange and how they work.
So I welcome you all, to visit the following links to get more information about the project and I have 100% confidence that this will be a very good project to make your investment to gain a considerable amount of gain for the investment
Thank you
Channa Jayawickrama
