Rubius: A new round of development of payment systems

sandysan (32)in #ico • 6 years ago

Today we are starting a review of the platform, which is ready to fight for the title of the best in this field. Moreover, despite the bitter struggle, the project has a certain competitive edge.

Rubius is a project of a block system for the use of crypto currency for its intended purpose. Having developed a technology for fast currency conversion, the team offers platform participants the ability to store and calculate in the crypto currency without resorting to complex and expensive tools. Rubius consists of two components, one of which is the exchange, and the other is the user application, with the maximum integration to what an ordinary person considers convenient.

The purpose of the platform is to place as much crypto currency as possible, in order to make UX more complete and comfortable - you do not have to look for another platform for working with crypto currency. Also, the project has its own token, which may well become a competitive means of payment (it's better bitcoin, that's for sure ).

In addition, Rubius can be an excellent substitute for most banking functions, providing loans within the network of blocking, as well as providing payments through an escrow-system of a new generation that excludes fraud.

Stumbling blocks of payments

Over the creation of an ideal tool for payments, humanity has been working for a long time. From the very beginning of the development of trade, money was transformed, and the ways of their transfer became more and more sophisticated. By the way, some of them quite resembled crypto-currencies. It's about the stones of Raya, the principle of calculation with which very much resembled the transactions of the blockade. These were huge boulders, which no one passed on to anyone when buying or selling. Instead, a pattern was applied to the stone, which indicated the new owner. Thus, the currency was not kept in the purses of the owners, but was on public display. This means that any person could check the integrity of remittances, as well as no one had the power to change this information. This is very similar to the crypto currency.

But the Rubius project is more than just another adaptation for working with crypto currency. As we said, mankind has long been occupied with the issue of creating an ideal payment system. And, when it makes another attempt, before it there are three barriers that need to be overcome on the road to perfection:

Price. Agree, no one needs money transfers that cost $ 55, as it happens in the bitcoin network. Surprisingly, despite its archaisms, the first crypto currency is still very popular. But even ordinary bank transfers abroad cost a lot.
Speed. Of course, in order for you to transfer several hundred dollars to your family that lives in another country, the speed of transfer in a few hours may be acceptable. But when it comes to doing business and urgent payments for goods, then a luxury, like a long translation, can not afford all. Whatever it was, this leads to the inhibition of business development. And ordinary users, too, are tired of waiting.
Comfort. Even if you find out that there is a payment system, where the services are much more expensive, but the process itself causes considerable difficulties, then, after a bad experience, you will return to expensive, but convenient transactions. Some systems are really so complex and not user-centric that you can not help wondering at their existence. Whatever it was, people choose convenience, even at the expense of some material losses.

Given all three factors, the Rubius team created a product, which is the subject of our review today. Already on the preview of the minimal product you can see its simplicity and ease of use.

Best Banking Application

From the very first clicks, you can notice a significant difference from all existing wallets and similar programs for crypto-currency banking. A simple form of entry is no different from most applications: you do not need to remember or write down long and complicated keys - just a username and password, as in a social network.

Next, you get access to create a contact address book and a wallet, where you can make all the necessary conversions. Also, the application promises many other functions, which we'll talk about further. Moreover, a convenient program - not all the merits of the Rubius project.

In the meantime, we have everything - we will meet in the next part!