REPUBLIA — LEADING EDGE ECOSYSTEM AND TECHNOLOGY

https://republia.io/detailed

Introduction

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 coordination structure of Republia is analogous to “we-government” model that is aimed at direct management of the ecosystem, without involving the relevant regulatory institutions.

“We-ecosystem” is a new stage of management that excludes mediation and provides platform users with opportunity to influence the development of the system and make decisions according to different changes.

The project collected all the most relevant mechanisms of the real countries that are familiar to us and combined them with highly efficient technologies. The global ecosystem Republia is a set of operating tools based on wellorganized structure, operating under a set of internal rules, that ensures safe and comfortable usage at every stage of operation.

Data security within Republia ecosystem

Security is a priority for Republia team, all important information is stored in Cloud X. It is a decentralized data storage, that provides security of information and funds in the context of the entire global ecosystem.

Republia offers three-level security — Veracity System:

• The first level is a password and biometric identification of users;
• The second level is a confirmation by email + two-factor authentication; The third level is RepubliaID.

Republia missions:

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

Data security in Republia Ecosystem of “we-ecosystem”

Within Republia Ecosystem there is a digital analogue Identity Card RepubliaID, this technology minimizes risks of loss of funds or hacking of user accounts.

Republia ICO Platform

Taking into account all the drawbacks of existing market solutions, Republia presents its own ICO Platform.

All elements of Republia ecosystem will be interrelated, as they will logically complement each other.

For example, consensus will not allow to pass ICO, if such a project already exists in the system, since there is no need to create projects on the platform several times, taking into account narrow market.

User account will show the requests of teams, wishing to conduct their ICO on the platform and supplement Republia ecosystem with their projects.

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.

Republia Bank combined principles of the Central Banks of countries familiar to us and innovative technologies. Republia Bank automatically regulates the volume of demand and supply on exchanges. Smoothed volatility is a result of a balance and an automated analysis of the market situation. Republia participants are an integral part of the stabilization of RPB coin, as the system offers them rewards for holding coins depending on the balance of demand and supply, which are formed from commission charges for the mining of RPB and reserve fund of Republia Bank.

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.

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.

“Parking” technology

In Republia Bank 4 types of “parkings” are available (day, week, month and 6 months). The user receives a reward for holding funds at his wallet accrued according to “parked” amount.

Interest is accrued from the reserve fund Republia Bank, which consists of 160 million coins. A fee is also charged for each of the guessed block, which is recorded in Genesis Block Republia Blockchain.

Republia Bank Classic

Republia Bank Classic will be functioning for the first two years of the ecosystem and then it will be transformed into Republia Bank Next, transferring part of functionality from the previous version.

Republia Bank Next

Republia Bank Next will undertake a task of accepting payments and will act within the framework of European legislation in accordance with regulations of international banking standards.

USDR tokens and Republia Bonds

In order to achieve smoothed volatility of RPB coin USDR tokens and Republia Bonds operate in Republia ecosystem. These tools are introduced taking into account behavioural theory, according to this theory some shareholders want to move to more reliable and secure asset during disbalance of demand and supply. This disbalance is characterized by moving the investors to more stable assets(for example, the Swiss franc or gold) and is observed in global crises, during the fall of stock markets. “USDR’ system operates by the same principle. It is designed to encourage users to “lock in” during strong market fluctuations. USDR token is provided by the reserve fund Republia Bank in the conditions of real banking institutions.

USDR tokens, in turn, are backed by the corresponding amount of US dollars. In order to achieve minimum market price fluctuation in USDR, Republia introduces an advanced algorithm, based on artificial intelligence and participation of financial experts. This algorithm is based on usage of the system of bonds (Republia Bonds).

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.

Road Map

Team

More Information :

Website : https://republia.io/ Whitepaper : https://media.republia.io/republia-whitepaper-en.pdf Telegram : https://t.me/joinchat/GYZTvxF7hZ8BfRhyVSHY-A Facebook : https://www.facebook.com/republiaofficial/ Twitter : https://twitter.com/Republia_Group Instagram : https://www.instagram.com/republia_official/

Created by :

Username bitcointalk : soblespwk Profil bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1807206;sa=summary Ethereum Wallet Address : 0xF52FFe2a1e43bF80e11A054eE1f9f62143e4fb00