About Rubius
Mass adoption of cryptocurrency is hindered by two problems: (1) the extreme crypto-market volatility and (2) the lack of high-quality software. The Rubius ICO seeks to solve these two problems. They’re developing a payment app named Aryl, which has a unique Volatility Shield feature that enables users to avoid market volatility when using cryptocurrency. The company behind the Rubius ICO, Rubius Inc., is a blockchain software company focused on creating high-quality cryptocurrency products, services, and solutions.
Aside from Aryl, they will be developing a cryptocurrency exchange called Rubius, merchant tools (i.e. payment gateways, point-of-sale software, etc), a unique blockchain platform, and many more products outlined in the Rubius whitepaper. All of their products are powered by the Rubius protocol, a token-based payment network operating on the Ethereum blockchain. At the heart of the Rubius protocol is the cryptocurrency called RUBY, which are ERC20 coins offered in the ICO.
Rubius Key Information
| Key | Points |
|---|---|
| Token Name | Rubius |
| Soft cap | 2,500 ETH |
| Hard cap | 2,000,000 USD |
| Distributed in ICO | 70% |
| Tokens for sale | 210,000,000 |
| Min. investment | 0.05 ETH |
| Accepting | ETH |
| Token Symbol | RUBY |
| Token Type | ERC20 |
| Raised | $1,848,705 |
| Platform | Ethereum |
| Price in ICO | 0.0295 USD |
| Whitepaper | Click Here For View Whitepaper |
| Website | Click Here For Visit ICO Homepage |
The Game Change Team Behind Rubius
Wallet’s User-Friendliness
Rubius next link in the chain offers users a secure tool to send and receive cryptocurrency. The versatile Aryl wallet serves as both decentralized bank and exchange facilitator. The wallet’s user-friendliness allows for confusion free payments between users, and Aryl’s Volatility Shield protects wallet value by converting unstable cryptos into a preferred, steady currency. The Shield’s streamlined conversions allow users to quickly liquidate their holdings from an exchange without excessive fees or long queues typical of other “cashing-out” methods.
The end-to-end solution begins with the Rubius exchange. There, users can purchase and trade cryptocurrency within an intuitive environment. The exchange leverages extremely low fees to offer greater value than its competitors. RUBY tokens power this innovative ecosystem. Users who transact with the native Rubius currency receive 50% off fees across all platforms. From purchase, to sale or send, Rubius offers the complete crypto-payment ecosystem.
Privacy and Security
Centralized databases have proven to be far too easily hacked, abused, or tampered with. As a result, consumers have become increasingly sensitive about their data. Rubius decentralizes and distributes user data, adding multiple layers of cryptography to make sure that user data can only be viewed by the users themselves.
Breaking Tradition
The business model of traditional free platforms such as Facebook and Google relies almost entirely on the monetization of user data. This model erodes user privacy, often leads to advertising forced upon the users and fails to compensate users for their role in the construction of valuable datasets. Rubius inverts tradition. It protects privacy, provides fine-grained control of information exchanges and facilitates monetization of data sharing.
Architecture
Rubius is a layered solution to a number of challenges in the pet care industry. Core components of Rubius architecture are the pet identification system, the generalized document storage system and the data marketplace. Rubius uses a combination of blockchain smart contracts, distributed storage and peer-to-peer communications to organize and normalize collected information and facilitate personalized AI and data monetization.
The Bottom Layer
The tech world faces many challenges regarding how to handle general data protection regulation (GDPR), the “right to be forgotten”, and the possession/retention of data. Rubius aims to attack these problems at the source. In your view, most of these challenges are resolved with a new approach to data architecture that doesn’t presume that all data must first be centrally stored and then carefully managed.
The Rubius approach rests on user custody of their own data and information sharing on a need-to-know basis. Users are given control and insight into sharing proposals, tools to anonymize shared information, and currency in exchange for cooperation.