Introduction:

Ever since I heard about cryptocurrencies, I thought of the many problems that it can address -- starting from freeing the world from the monopoly of big banks to reinvent how cross border transfer of money takes place. Although hundreds of new projects are mushrooming each and everyday in the blockchain domain, very few seem to address the real problems for which the blockchain was invented.

Blockchain is a game changing and revolutionary technology. It is a platform which can facilitate safe, secure and transparent ways to transfer value across the world in a fast and efficient manner. The technology has been instrumental in solving many of the long standing problems of the world using innovative ways. The blockchain is slated to usher in the next wave of revolution in the online space. However there are a few problems which needs to be addressed before blockchain can be implemented on a large scale.

The Problem:

Let us face it - our current financial ecosystem is broken. Banks have had a monopoly for the last few centuries. Big banks have formed a conglomerate and has influenced markets all over the world. You might have heard about the stock market crash in 2008 which led to millions of people losing their jobs. Well, this problem was caused as a result of manipulation of the markets by the banks. The need of the moment is a decentralized organization which can replace the banks and can provide a secure and trustworthy platform for its users.

The Solution:

The Rubius Platform aims to revolutionize the entire financial sector by implementing blockchain technology as the underlying platform. The company is already widely known for its simple and easy to use cryptocurrency wallet. It wants to establish a blockchain based online banking system that can connect millions of people around the world who don't have access to banking and cashless payment mechanisms. This will revolutionize the entire financial industry and will facilitate a cashless economy which can eradicate malpractices.

The team and the ICO:

The team behind the Rubius Project will fund the initial development, maintenance and general outreach through an Initial Coin Offering (ICO). Investors can buy the Rubius token by participating in the Initial Coin Offering. The token can be exchanged for other cryptocurrencies through major international exchanges. It is based in the Ethereum blockchain and is a standard ERC 20 token.

The team leading the project has multiple years of experience across several domains. The board of advisors to the project are top executives of various multinational companies. Together, the team can accomplish everything they have promised.

Conclusion:

I really believe in the potential of the blockchain ecosystem. The blockchain ecosystem holds the key to the future of the financial transaction. With features such as safety, security and transparency built into its very core, it can end the monopoly of banks. The Rubius Project aims to disrupt the entire conventional banking ecosystem through a blockchain based state of the art banking ecosystem. This will address the problems of millions of people across the world, and especially in developing countries who do not have access to banking services. This is the reason why Satoshi Nakamoto built the Bitcoin Ecosystem back in 2008 -- to free the common people from the shackles of the big banks. I truly believe that this project will revolutionize the whole financial technology sector. This is one of the top projects to watch out for in the blockchain space in 2018!

Website - https://rubius.io/

Whitepaper - https://rubius.io/rubius-whitepaper.pdf

ANN - https://bitcointalk.org/index.php?topic=3254617.0

Telegram - https://t.me/rubiuschat

Published by - Etheran

Btalkprofile - https://bitcointalk.org/index.php?action=profile;u=1108165