2018-8-13 09:21

What Is Republia?

Republia is an all-encompassing, decentralized bionetwork that works by making use of mechanisms which are set up on the basis of blockchain technologies. These mechanisms, based on elements of nations, are created in such a way that they are familiar and are shifted to the digital space.

The platform promises safety of data as well as comfortable usage of all the elements in the bionetwork. This is mainly as a result of the many functional tools in the entire ecosystem. It is also designed in accordance with a properly-organized structure that works under a set of internal rules.

How Republia Transactions Work

The Republia Blockchain is made up of several blockchains and demystifies the challenge of scalability by a way of vigorously snowballing the number of sidechains as well as introducing master node and nodes. The master node gets requests from the ordinary node and eventually accepts or discards the transaction.

Primarily, transactions become part of the pool and according to the pagination, they are then taken by the node. The entire process eliminates any attempts of fraud, following positive responses from the master node, which acts by recording transactions to the ecosystem.

Roles Of Republia Decentralized Blockchain Community Platform Prevention of emergent scam projects Assisting users to control the components of the ecosystem through a transparent and democratic management model Establish dependable and transparent relationship between users Exclude possibilities of losses or theft of user accounts Introduce a coin excluding high volatility Republia ICO Platform

Taking into consideration the shortcomings of the present market solutions in the crypto space, Republia presents its own ICO Platform. The platform’s elements are interconnected, eventually complementing each other. The accounts of users will indicate the requests of teams desiring to carry out their ICOs on the platform.

Republia Bank

RBP coin will be the main payment tool in the Republia Bank, which is created on decentralized and transparent mechanism. The seamless volatility will be an advantage of RPB, which will work towards accomplishing the implementation of Republia Bank, the key component of the decentralized ecosystem.

Republia Bank is established on the principles of Central Banks of nations which are conversant with innovative technologies. It operates in such a way that it is able to regulate the demand and supply on the exchanges, thus resulting in a balanced and automated analysis of the market trends.

Wallets Of Republia

The bank has cold and hot wallets. The cold wallet is meant for the backup fund, which is supplemented by a commission accrued by mining. The cold wallet also accepts funds when users converts RPB coin USDR token. On the other hand, the hot wallet is used when paying interest rates in the bank.

Republia RPB Token & ICO Details Parameters Of The ICO ICO Date: 23rd August, 2018 to 23rd September 2018 Total supply: 400,000,000 RPB Token Symbol: RPB Accepted Payment Method: BTC, ETH, LTC, BCH Soft Cap: $5,000,000 Hard Cap: $50,000,000 Distribution Of Funds 50%: Ecosystem research and development 18%: Marketing and business development 15%: Administrative and operational expenses 6%: Negotiation and listing on exchanges 6%: Legal support 5%: Unexpected circumstances

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