Rubius - Global Decentralized Payment Network ICO review

Juli 30, 2018

= What is Rubius ?

Rubius is a blockchain software company. Our aim is to create products and services that utilize blockchain technology and decentralized applications.

Our goal is to make cryptocurrency and blockchain tech more accessible and ubiquitous. Currently, our primary focus is the development of Aryl, which is an intuitive crypto-wallet and payment app. Alongside Aryl, we will also be developing our crypto-exchange platform called Rubiex

= Fundraising =

To raise funds for the Aryl project and our business, we are having an ICO starting on May 15, 2018. We will be offering our own cryptocurrency called Rubius, which is named after our company. To avoid confusion, we will refer to our cryptocurrency by its ticker-symbol: RUBY.

RUBYs are an autonomous, decentralized virtual currency operating on the Ethereum token standard (ERC20). These tokens are designed as utility tokens, made to operate as a cryptocurrency similar to Bitcoin and Ether.

= How Rubius works =

= Aryl =

Aryl’s main purpose is to make cryptocurrency and blockchain technology more accessible and consumer-friendly so people are more comfortable with using it. As with any new technology, it will take cryptocurrency and blockchain some time to catch on with the general public.

= Features =

Send, Receive, and Request

In the Aryl app, users have the ability to send, receive, or request payments in either fiat currency, Ether, or Ethereum tokens, making it useful for transactions in traditional currency and cryptocurrency.

Wallet Functionality

Aryl provides users with many decentralized wallet features, such as creating new Ethereum wallets (the key pairs to these wallets are stored locally on your iOS device); viewing balances of Ether and Ethereum tokens; and changing wallet passwords.

In-iMessage Usage

Users will be able to send and request payments directly from their iMessage conversations.

If a user sends or requests a payment from a contact that doesn’t have an Aryl account, the contact will be prompted to sign-up for Aryl to complete the transaction

Connect with Friends

The home screen features all of the recent activity (i.e. the requests, payments, events, etc.) from a user’s friends. These friends will be voluntarily gathered from either a person’s contacts or from connecting a social media account (i.e. Facebook). In a later version of Aryl, we plan to provide users with a secure messenger, allowing them to chat with

their friends directly in the app

Switch

Aryl’s Switch feature reduces the risk of using cryptocurrencies by keeping users’ money in a safer currency, and then automatically SWITCHING it into their preferred cryptocurrency when they are sending a payment.

Exchange Features (Rubiex)

Aryl will allow users to purchase Ethereum, RUBYs, and a few other select Ethereum tokens using their credit/debit card or bank account.

Alternatively, users will also be able to redeem their tokens for the fiat currency of their choice.

To use the exchange features, we will require users to sign-up for Rubiex in-app by providing additional KYC (know your customer) information to prevent money laundering and fraud.

A web-based version of our exchange will be located at :