Thursday, 17 January 2019

Rubius, a decentralized blockchain based exchange and banking platform - By Share4Likes

Introduction to Rubius:
Rubius is a decentralized platform to sell, buy, send or receive the cryptocurrency. This platform is going to develop the crypto services, products and solutions to strengthen the blockchain technology and develop the economy. Rubius is the name of both cryptocurrency coin and a company. The Rubius coin will operate similarly to Ether and Bitcoin while Rubius company is blockchain based startup in Tampa, Florida, USA.

Also Read:::: Emmares a decentralized platform to improve Email marketing
What is the problem in the traditional banking system?
According to a survey, more than 1.7 billion adults have no access to any type of electronic or financial service and they remain un-banked in the world. The traditional banking system is forcing these adults to get used in barter or cash system which is promoting corruption and crime. Smartphone use is increasing day by day, but still many users do not have access to potential solutions due to cross border restrictions and limited software. The users in the war-torn countries need to protect their earnings in a safe system. The economic development is limiting and millions of people are unbanked due to the trust dependency of the traditional financial system. Domestic crisis in a country can cause by the fraud activities in the bank. While the interconnection of the non-banking sector with banking sector become the cause of the full-blown international crisis. The entire world is unable to use cryptocurrency due to the terrible software. Most of the cryptocurrency wallets are not user-friendly so minimum people are able to use them.

Read This Full Article::::   Rubius, a decentralized blockchain based exchange and banking platform

No comments:

Post a Comment