Rubius is a startup tool used to develop Aryl, a usable software, and payment platform. Aryl allows users to send, receive, or request payments in the currency of their choice. This includes a decentralized Ethereum wallet, which supports thousands of cryptocurrencies. Aryl can be used with Ethereum which can provide and allow users to access their centralized crypto called Rubiex, where they can buy, sell, and trade selected cryptocurrency currencies. Aryl is basically Venmo of cryptocurrency, as it also includes aspects of social media, which allow users to connect with friends directly in the app. But, it also gives freedom of privacy for those who prefer anonymity. To finance the development of Aryl applications and Rubiex exchange, we have ICO (initial coin offering). they offer their own cryptocurrency called Rubius (ticker symbol: RUBY). RUBY is a decentralized cryptocurrency operating on the Ethereum smart scripting platform (scripting).
Aryl
Aryl is an open-source Ethereum wallet and payment platform. Aryl will be very similar to PayPal’s Venmo app, although it will have the added benefit of cryptocurrency storage and trading. Aryl will make cryptocurrency simpler to acquire and use, and it will protect people’s money from the risks of the unstable crypto-markets by using its Volatility Shield feature.
Aryl’s main purpose is to make cryptocurrency and blockchain technology more accessible, consumer-friendly, and risk-free. As with any new technology, it will take cryptocurrency and blockchain some time to catch on with the general public. To encourage adoption, the Aryl app will feature an intuitive layout so people can immediately start to use it with no prior training required.
Inside Aryl, users can access their decentralized Ethereum wallets, which support thousands of cryptocurrencies. Users will also have the ability to access our centralized crypto-exchange, Rubiex. By signing up for Rubiex, users can buy, sell, and trade select cryptocurrencies directly from the Aryl app. The Rubiex exchange will also be utilized for the Volatility Shield feature.
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.
Use Cases
RUBY coins will be used in the Aryl payment app and the Rubiex exchange. In Aryl, RUBYs will be one of the default cryptocurrencies to use for frictionless secure payments. On Rubiex, the Rubius coins will be used as one of the main trading pairs, and our preferred Rubiex members will permanently receive 50%-reduced fees when trading RUBY. In the future, we plan to develop more financial products (e.g., our own proprietary point-of-sale software) in which RUBYs will see even more use.
The real-life use cases of the Aryl payment app and Rubius coins are endless. One example: you’re out to eat with multiple friends and don’t want to go through the hassle of splitting the bill. In this case, one of you could pay the bill and the others could use the Aryl app to send them the money for the meal. Another example is if you work as a tutor or a typical cash-based business, because then you could have your clients or customers send you their payments using Aryl rather than holding on to large amounts of cash.
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.
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.
Token Information
Token RUBY
Price 1 ETH = 7,000 RUBY
Bonus Available
Bounty Available
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Minimum investment 0.05 ETH
Country USA
Whitelist/KYC KYC
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.
Thank you for visiting if you like my article on the Rubius Project. Please give me the comments below, and for more information on Rubius Project. You can visit their media below:
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
Author : Elsa20000
Bitcointalk Profile Url : https://bitcointalk.org/index.php?action=profile;u=1691648;sa=summary
ETH Address : 0x6760d4F5a40F863Ace643F98482e780cE91B8f92
