RUBY–INTRODUCING THE NEW FACE OF BLOCKCHAIN-BASED EXCHANGES

in #exchange6 years ago (edited)

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INTRODUCTION

The Cryptography industry as a whole is now saturated with thousands of cryptocurrencies since the first launching of the Bitcoin, the pathfinder of all cryptocurrencies. To support these cryptocurrencies and other digital financial activities, there is the need for accompanying cryptocurrency exchange, upon which these activities could be supported.

Exchanges are avenues through which tokens, coins and legal tenders can be swapped for valuables. These valuables could include other forms of coins or tokens, data and information. For the Ruby Platform, it however is a whole new different experience that is being proposed.

THE GEMSTONE EXCHANGE PLATFORM

Drawing due inspiration from the precious gem, the platform seeks to provide a rare but priceless exchange experience for users. While all other platforms are comfortable with being reticent and complacent, not open to further enlargement, the Ruby platform seeks to incorporate a wide variety of services within its community.
On the Ruby platform, exchange platform services seeks to go beyond just the regular currency swapping, but even on to the extent of creating a market for funding, technological innovations and a whole lot more.

CORE VALUES WHICH THE RUBY-X PLATFORM STANDS FOR

Values are simply the tenets to which you can associate a product, establishment or ideology. For the Ruby platform, there are some key tenets that just can’t be taken away when we’re talking about Ruby.

UPHOLDING TRANSPARENCY

In a time where several centralized platforms now offer so many shady deals and front financial dealings that aren’t so clear to users who’re involved, it is only imperative that the Ruby platform stands out as a light in the night, thanks to this outstanding value. Thanks to the understanding of the Team members, there has been no need to hide information from users and dealers on the platform. Thus, to this effect, transaction history is always broadcast, and there usually is no form of hidden commission charges. All commission rates are always disclosed right form the onset and openly, too.

EXTENSIBILITY OF PLATFORM

Thanks to its largely flexible nature, the Ruby platform is quite capable of giving the users a whole list of endless possibilities and service experience. Boasting of being able to support over four cryptocurrencies, the platform possesses the desired flexibility to accommodate all and sundry. With its mobile frontends, interaction with the platform gets to become easier by far. Also, there is avenue through which users could afford to convert their respective cryptocurrencies to equivalent fiat currency.

SECURITY AND UNBREAKABILITY

Servers of the Ruby platform are effectively secured by the Amazon Web services. By virtue of this, the platform is capable of boasting of having the most secured server setup. Using the Cold Wallet feature, interest accruing can be made very possible, just by leaving a certain little percentage of the user funds within the wallet. Through this, the user can double task by saving while earning at the same time.

RUBY TOKENOMICS
Atop the Ruby platform, the token for use is the RBY. Armed with the very innovative concept of Proof of Contribution (POC), the token would be instrumental in ensuring the decentralization of the ecosystem is effectively maintained.

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TEAM AND ADVISORS
Having worked and served under various respectable and reputable names, it is only safe to say the team members are not only just well cut out for the job, they are also a very competent lot.

CONCLUSION
We have come to a time where exchanges have got to offer more in order to carry the dream of a sustainable blockchain. To do this, they’ve got to be fully equipped with the right tools and protocols to be considered attainable. The Ruby platform is seeking to take the further step in not just introducing an exchange platform, but also introducing a functional and practical platform that would encompass a large span of market value.

USEFUL LINKS

Website: https://ruby-x.io/main_en.html
Whitepaper: https://drive.google.com/file/d/0B_dCqhG6F-BaNjd5SUgzZjlNTExsWTJZZ1ZPSVFUbzBFeUFN/view
Ann Thread: https://bitcointalk.org/index.php?topic=4564194.msg41126532#msg41126532
Facebook: https://www.facebook.com/RubyExchangeOfficial/
Twitter: https://twitter.com/RubyExchange
Telegram: https://t.me/rubyexchangetoken

Writter Jentemi

https://bitcointalk.org/index.php?action=profile;u=2181489

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Just stumbled on your write up, it quite well articulated. Nice one

"Ruby platform is quite capable of giving the users a whole list of endless possibilities and service experience"

This is an awesome post

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