» » Republia - Leading Edge Ecosystem & Technology



Republia is a large-scale decentralized ecosystem, that includes elements of the countries that are familiar to us in the digital space and operates mechanisms based on blockchain technology.

The developers of the project laid a powerful technological foundation, due to this foundation all elements of the ecosystem will be realized with higher efficiency, than existing technological solutions, thus, the basic principles of the operation of blockchain technology will be observed - decentralized management, justice and pure democracy. 

The goal of Republia project is to create large-scale decentralized ecosystem, which combines elements of countries that are familiar to us and mechanisms based on blockchain technology, where users make decisions through consensus and influence modernization of the entire ecosystem directly.

Republia Tasks :
1. to enable users to manage components of the ecosystem through transparent and democratic management system (we-ecosystem); 
2. to prevent the emergence of SCAM-projects; 
3. to establish trustworthy and transparent relationship between users by means of advanced system of smart contracts;  
4. to exclude the possibility of loss or theft of user accounts through three-level security (Veracity System);  
5. to provide a service for exchange of assets and the creation of liquidity for RPB crypto-currency; 
6. to introduce a coin excluding high volatility. 

Missions :
1. safe and comfortable usage at each stage of operation;
2. solving global problems;
3. expansion and complementarity of blockchain ecosystem by means of Republia ICO Platform; 
4. creation of generally recognized, ideal ecosystem for the development and maintenance of the project. 

Operations of Veracity System when recording suspicious activity of an account :
1. Instant notification of user( when system detects an attempt to hack into an account, user is instantly notified about it via a phone call, message, e-mail notification etc.);
2. Automatic freezing of all data( during hacking attempt all data regarding funds and private information are frozen automatically, in order to exclude access by third parties); 
3. Help in regaining control over your account (when hacking attempt is detected, Veracity System freezes the data for 72 hours, during this time the security system due to a specific algorithm will help the user to be able to access his account at the shortest period of time); 
4. As additional security, the user is given an opportunity to specify in settings three ecosystem participants - recovery partners, who are assigned digital keys. To restore access to your account, digital keys must unite.

Republia ICO Platform
Republia ICO Platform is a place, where you can bring your idea to realisation without owning a huge capital and get a response from blockchain community.   In addition to the above Republia ICO Platform operates in order to inspire users to new accomplishments in the industry, always pointing out inaccuracies during consideration of the projects for the purpose of further improvements.

Republia Bank 
RPB coin is a main payment tool in Republia Bank, which is based on decentralized and transparent mechanisms.  
The smoothing volatility is a definite advantage of RPB along with other coins of the crypto industry, the goal was achieved by implementation of Republia Bank, which is the main component of the economic model of decentralized Republia ecosystem.     Its main purpose is to smooth the volatility of RPB coin and two types of tokens released by Republia. 
RPB cryptocurrency does not depend on top 10 cryptocurrency, this step provides support for the coin rate of exchange while the price of popular cryptocurrency is declining.      
Stability makes RPB coin suitable for both trading, long-term investments and for daily financial transactions.      RPB is a cryptocurrency, which is a convenient payment tool for daily usage

Wallets of Republia Bank 
Republia Bank involves in its work two cold and one hot wallet.
The first cold wallet performs the role of a reserve fund, which is constantly supplemented by a commission, accrued by mining. This type of wallet is formed in Genesis Block.   
The purpose of the second cold wallet is to accept funds when user converts RPB coin to USDR token.   
The third type of wallet, hot wallet, is used to pay interest rates in the bank

Republia Debit card 
Republia Bank releases its own debit card, and USDR token will be a payment tool of this card, which is very convenient way of exchanging cryptocurrency to fiat funds when paying bills by debit card, since USDR is bound to a stable fiat currency - USD.   
Fast transactions are provided by internal conversion of  RPB coin to USDR token, which is equivalent to the US dollar 1:1. Due to Republia Blockchain transactions will be executed much faster, than via such popular systems as Mastercard, American Express or Visa. 

Republia Exchange 
Republia Exchange is the main platform for exchange of assets and creation of liquidity for RPB cryptocurrency. Users can choose among two types of exchanges - Rialto and Emporium, the first one was represented with the help of implementation of Atomic Swap technology with the most popular cryptocurrencies from Top-20, its priority is complete anonymity when making transactions.       
Republia plans to achieve the same transaction speed in decentralized Rialto Exchange , as it happens inside decentralized analogues.  
Republia Exchange is a platform for making fast and secure transaction, which is ensured by Veracity System.



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Oktober 01, 2018

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