Rubius is a blockchain system project for using cryptocurrency for its intended purpose. Having developed the technology of fast conversion between currencies, the team offers the platform participants the opportunity to store and calculate in cryptocurrency, without resorting to complex and expensive tools. Rubius consists of two components, one of which is the exchange, and the other is a user application, with maximum integration to what an ordinary person considers convenient.
The purpose of the platform is to place as many cryptocurrencies as possible in order to make the platform more comfortable and you do not have to look for another platform to work with cryptocurrency. The project also has its own token, which may well become a competitive means of payment.
In addition, Rubius can be a great replacement for most banking functions by providing loans within the blockchain network, as well as providing payments through a new generation system that eliminates fraud.
The Rubius project is more than just another adaptation to work with cryptocurrency. As we said, the mankind has long been busy with the issue of creating an ideal payment system. And when people make another attempt, they face three obstacles that need to be overcome on the way to perfection:
- Price. No one needs money transfers, which are very expensive, as it happens in the bitcoin network. It is surprising that despite its archaisms, the first cryptocurrency still enjoys a certain popularity. But even ordinary Bank transfers abroad cost a lot
- Speed. Of course, in order for you to transfer a few hundred dollars to your family who lives in another country, the speed of translation in a few hours may be acceptable. But when it comes to doing business and urgent payments for goods, not everyone can afford such a luxury as a long translation. Whatever it was, it leads to inhibition of business development. And ordinary users also get tired of waiting.
- Comfort. Even if you find out that there is a payment system where 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 focused on the user that you can not help wondering their existence. Whatever it was, people choose convenience, even to the detriment of some material losses.
Given all three factors, the Rubius team has created a product that is the subject of our review today. You can already see its simplicity and ease of use.
Already from the first clicks we can note a significant difference from all existing wallets and similar programs for cryptocurrency banking. The simple login form is no different from most applications: you don’t need to remember or write long and complex keys – just login and password. Next, you have access to create an address book of contacts and a wallet, where you can make all the necessary conversions.
As stated by the creators, the average speed of the transaction will not be more than fourteen seconds. If this is true, the service will become popular not only among the enthusiasts of the crypto world, but also among those who are used to keeping money in an electronic wallet. After all, even the usual transfers of funds in banking applications take a few minutes. At the same time, some of them make network errors or other troubles, which leads to loss of funds.
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