The Most Advanced and Transparent Unbreakable Cryptocurrency Exchange (RUBY)

in #steemauto6 years ago (edited)

Ruby Exchange, named after the most transparent/passionate/unbreakable gemstone Ruby, is the most advanced cryptocurrency exchange that promises its
transparent exchange operation, endless expansion of the blockchain based platform and unbreakable system.

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In the technology world today, Artificial Intelligence (AI) is a computer or machines that behave more like humans, thinking, interacting, learning and reacting to external inputs.

Today, Artificial Intelligence (AI) and Machine Learning (ML) technologies have made big changes and by this reason alone we have given the Technology a boom market capitalization which will continue to increase over time.

Business leaders around the world are looking for ways to use artificial intelligence to enhance their business; therefore global artificial intelligence technology development is growing at an exponential rate. Artificial intelligence and machine learning technology have always been the business areas of the global giants.

INTRODUCTION

Ruby combine decentralization of blockchain technology and Artificial Intelligence (AI) to come up with the very advanced product(exchange).

Ruby is a project based blockchain technology that integrates with the computer services of artificial intelligence. Ruby aims to build its underlying blockchain network to solve the current problems of trust and data abuse.

Ruby aims at solving the industrial problem of the sharing economy through two methods:

Blockchain Solutions

Value Recreation

BLOCKCHAIN SOLUTIONS

Ruby aims to reduce the high cost of transaction by nearly 20% by cutting off intermediaries during peer to peer transaction between the buyer and the service provider through their their decentralized blockchain network.

Ruby token will be used as a transaction certificate when the user buys a service. Every transaction process will be handled by smart contracts and cross-chain hosting technology to ensure the authenticity, legality, and compliance.

Ruby will be used by the buyer and seller for transacting; ruby will be able to achieve a real-time settlement and eliminate the risk and cost involved with the usual way of payment on existing platforms.

USER CREDIT

To promote trust, every transaction will be recorded on the blockchain (an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value) creating a decentralized and unbreakable "chain of trust.”

Ruby will achieve this by establishing a credit passport mechanism open to all sharing services providers. With this they can keep track of all participants’ behavior and once the user’s credit passport is verified by the service provider, it will be used as an identity authentication to directly transact without having to pay any deposit.

USERS’ DATA SECURITY

Users’ and services provider’s data such as identity information, property information, transaction records and reviews on different services are recorded on the blockchain. Data is stored and extracted through a distributed storage scheme with a private key (users’ personal login access to their account).

Data will be encrypted, split, shredded and scattered on different nodes with the distributed storage scheme. If a single node is compromised, full information will not be revealed.

Decentralized applications built on a blockchain with identification will use a sub-chain with its own identification, which will be closely linked to the main block and operate on the intranet data.

Ruby is a blockchain-based ecosystem which aims to provide innovative and smart payment solutions with the use of cryptocurrencies. The aim of the ruby platform is to make cryptocurrencies to be widely acceptable as a means of payment just like money. Ruby is trying to create a smart economy whereby you can walk into any store, buy goods and services and make payment with the use of your cryptocurrencies or visit any online store and make purchases with your cryptocurrencies.

It utilizes value transfer protocol to achieve the transfer of payments from one person to another on peer to peer basis. It also aims at building a decentralized platform for achieving faster and quicker transactions across the borders. It also uses the world's top most security systems to make sure that its financial ecosystem is fast as well as secure.

Ruby Blockchain provides a secure and fast means of carrying out transactions with the use of ledger technology which are super-fast and impossible to hack. definitely a step up to the existing blockchain networks because it has successfully provided solutions to the problem of transaction speed and interoperability problems that has hindered massive adoption of blockchain technology. This network continues to grow with the addition of new feautures daily to further achieve full decentralization and provide an ecosystem where the power belongs to the member of the community.

Ruby builds Underlying Blockchain Network to Solve the correlation of addresses within its system with real people. This will ensure a broader scope of technology, leading to a new stage of credit relations, advertising and other areas that can not be used effectively with complete anonymity.

Ruby offers an elegant solution, as a result of which all sides will be in the block. Ordinary users will retain their confidentiality and will be able to take advantage of all the advantages of blockchain technology, this will entail an increase in the flow of more confident and quality customers for institutions inside the network, the state in the person of controlling bodies will be able to monitor fraudulent actions in all their manifestations.

Ruby is a unique mechanism for integrating personal user information into the blockchain technology without compromising the privacy of the latter.

The ruby token will be used in the ruby ecosystem to pay for services for working with AI. The amount will depend on the amount of calculations that will be required to complete the task. Also, ruby tokens will be used to pay for the powers provided by miners for work and to train artificial intelligence.

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

Btt: https://bitcointalk.org/index.php?action=profile;u=1393822

Btt name: humblemee

Eth address: 0xB6a101a1A827141deb9090C2fAE24d62a8aCc6c1

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