Despite the rapid
development of non-cash payments and banking services, more than 1.5 billion
people of our planet continue to work with cash. The share of smartphones is
growing at a high rate, but not all have access to the necessary banking
resources due to outdated software and cross-border restrictions. The most
non-banking region is the Middle East, where only 14% of the population use
Internet banking. The world's largest banks refuse to work in this region
because of the complexity of compliance with the legislative framework. For
example, the business model of the world's largest banks is built on lending
with the collection of interest for the use of credit, which violates the
Sharia law. The Crypto-currency solution solves all the problems that hinder
the widespread development of the banking sector. Convenient access, reliable
storage of money, ubiquitous availability and peer-to-peer transactions make it
easier to work with finances. The decentralized platform Rubius
offers its users all the advantages of cryptocurrency in combination
with new level software.
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.
Rubius
Accounts
The Rubius accounts can
be created within the Aryl app or on the Rubiex exchange. Your Rubius account
will be usable for all of Rubius’s future products. This cross-platform
functionality will enable you to utilize all of the software which we will
offer, without having to waste time generating and remembering new login
information.
Once our initial products
have launched and we have begun generating revenue, we will begin researching
the practicality of offering banking services (i.e., capital management,
brokerage services, lending services, etc.). We will allocate a portion of
profits to fintech research and development with the purpose of determining
which banking services could be revolutionized using decentralized
applications.
Explanation of Rubius
Transaction
Speed & Cost
Compared to bitcoin,
Rubius coins are capable of extremely fast and low-cost transactions. On
average, the Rubius protocol enables transaction times over 40 times faster
than bitcoin.
Rubius coins benefit from
the speed and efficiency of the Ethereum platform. The average RUBY
transactions take roughly 14 seconds to complete, whereas the average
transaction time of bitcoin is roughly 10 minutes. During times of high volume,
bitcoin transactions can take hours to complete, and some bitcoin users have
reported waiting days for their transaction to finish.
The average cost of
Rubius transactions is roughly 2% of the total cost to send bitcoins. With
bitcoins, the average transaction fee is 55 USD, whereas Rubius coins have an
average transaction fee of only 1 USD. This drastic difference makes the Rubius
protocol far more scalable and sustainable than bitcoin, which is why Rubius is
a much better candidate for the consumer market.
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.
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.
Expansion
Plan
We plan to expand
internationally by partnering with other companies in the financial services
sector, acquiring competitors, and doing extensive marketing. The marketing
channels will be focused on traditional press/publications, social media
channels (Twitter, Facebook, Reddit), opinion influencers, blockchain and
fintech conferences, and word of mouth.
Rubius is currently a
startup company but our following and coverage is growing rapidly. We plan to
expand our partnerships with payment providers (Apple Pay, Google Pay, PayPal),
banks, credit card companies, and other fintech companies around the world. Our
team is in the process of establishing relationships with many such companies
in North America, the EU, Asia, and Africa.
The financial services
sector generates over 13 trillion USD in revenue every year [6]. If Rubius were
to take 0.5% of this revenue by offering our decentralized financial services,
then we would accumulate over $650 billion annually, which would be shared with
coin holders through our quarterly coin buyback.
The development of the
Aryl payment app and the Rubiex exchange platform will be completed in late
November or early December of this year. Once these platforms go live, we will
begin a substantial marketing campaign to immediately garner users, which will
allow us to start generating revenue. Cryptocurrency exchanges, even the small
ones, earn hundreds of thousands of dollars a day, and the medium-sized
exchanges typically bring in millions of dollars every day. Therefore, once our
exchange marketplace is active, we will be collecting enough income every day
to expand our operations, build up our team, improve our software, and create
our future products.
The focus of our
management staff will be on rapid yet sustainable growth. This fast-paced
expansion will be needed to adhere to our timeline and accomplish our goals. In
2019, we plan for Rubiex to be one of the first cryptocurrency exchanges to
transition into a complete broker- dealer, offering equities, ETFs, mutual
funds, and forex trading alongside its crypto-trading. In 2020 / 2021, we will
begin offering banking services and expand our software products.
The following page
displays an illustration of the platform’s potential growth. Please note that
all numbers are only projections based on current estimates.
AUTHOR
My Address : 0x1CA8a1B166F6Df2015fdC26530Df182A7b5E9C0a
Comments
Post a Comment