Red Ruby Network
The Red Ruby Network is an association of 16 affiliated Irish corporations, whose mission is to rapidly and securely verify blockchain transactions, in an environmentally friendly manner.
Red Ruby Network Unit Five, Limited, is the designated operator and manager of the entire Red Ruby Validator Network. The professional staff of Unit Five acts in conjunction with the other 15 Units to assure collection and disbursement of royalties, technical functionality, oversight, server placement , 24-7 operations, and maintenance.
Bitcoin and most other blockchain crypto methods utilize a method of coin verification to determine immutability. Their programs are extremely environmentally harmful and wasteful, wasting more electricity for example that the entire electric consumption of Ireland! The Red Ruby Network on the other hand uses an extremely efficient verification method that processes and “date stamps” transactions over 200 times faster than Bitcoin.

The Red Ruby Network‘s 16 servers are securely and strategically placed in hard or cloud data center sites around the world . A new validator server might be added for clients utilizing the Network, as security, currency rules, client preferences, and other factors are considered.
But what is a Blockchain?
A blockchain is merely an accounting and tracking method designed to compare and verify movements of value or data. It is projected by some that within the next eight years, the larger part of the world’s business movements and values will run on blockchains.
To put these types of transactions in perspective, they will include: the tracking of all agricultural products, materials supply chain processes, aircraft maintenance and passenger movement, voting in national and even corporate Board elections, money and value, payment methods in commerce, and the recording of all legal and real estate transactions, to name just a few. For example, the Government of Dubai has already mandated that all governmental contracts and interactions be conducted on the blockchain.
For a myriad of reasons then, interest has surged in blockchain applications . In the last three years, hundreds of billions of Dollars and Euros in personal and institutional investment funds have moved into this new cyber economy, including money from many millions of ordinary Europeans and Americans, and including most of the titans of Silicon Valley. A single specialized U.S. based cyber monetary exchange last year recorded a profit of over one billion dollars, and a Caribbean based exchange trades an average of over twenty billion dollars of cyber tokens per day. These businesses have tens of millions of clients.
Privacy: It is for you to reveal, not for others to steal.
A bedrock of the Red Ruby Network is the concept that privacy is the key to personal freedom. We don’t spy on you, we don’t tract you, and we don’t sell your personal information. If you want the world to know about your personal life, then post it on Facebook. If you don’t know what products to buy, then Amazon will tell you. But if you value privacy and discretion, then use the Red Ruby Network and its trusted affiliates. And do your part to help the environment at the same time.
Where is the future taking us?
Recent articles in Bloomberg, Forbes, and the Wall Street Journal all opine that a bright future exists in blockchain cyber tokens based upon “stable” models.
Although virtually every Initial Offering (ICO and IEOs) in 2020 were represented as “stable”, yet few of them truly are. In fact, all of the cyber monetary applications and products introduced so far are fatally flawed, in that they are useless as a method of use in regular financial commerce.
A Bitcoin type product has three reasons why it is not suitable for commercial monetary transactions.
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Bitcoin is backed by nothing of value.
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At six transactions per second, it is of no use to the thousands of businesses worldwide conducting retail transactions at any given moment.
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What businessman can risk accepting a Bitcoin at X value, and by the time they must make payroll, the Bitcoin might only be worth X minus 20%?
The Red Ruby Network is able to validate the crypto transmissions of any contracted cyber product. Our Initial clients include both supply chain, value movement systems validations, aviation, blockchain voting , and several other applications.
Red Ruby Network does not process monetary factoring, such as purchase or selling of crypto, or the exchanging of crypto products. The only service offered by the Red Ruby Network is merely a blockchain verification function.
RRN is attracted to the verification of certain transmissions because of their transparent nature. For example, one client is the ONLY cyber value blockchain product that can be used in normal everyday commerce, between business or individuals, internationally, instantly, and cheaply. It is totally and at all times 100% transparently backed by Euros on deposit in European banks or government bonds. These types of products are often referred to as trade coins, as they are designed and used by individuals and businesses who seek a method of value movement and savings which is not a part of the traditional financial order.
Every Red Ruby Network client movement is immutable, that is, date stamped by RRN in a way that assures it validity and is unalterable. It cannot be altered or counterfeited.
Importantly, the Red Ruby Network is the most environmentally responsible blockchain method . For example, mindless calculations built into the Bitcoin type models consume more electricity that the total usage of Ireland , or ten other EU countries, and also more than the entire electricity production of the Thames River Estuary Windfarm, the largest in Europe. In contrast, the RRN can process tens of millions of transactions a month on its sixteen nodes for under 500 Euro a month.
A perpetual income stream is channeled to each RRN Unit, in three channels, such as from verification fees. It is reported that such fees alone generated in the Bitcoin network last year exceed one half billion Euro.
With no “mining”, the Red Ruby Network is the most environmentally safe crypto chain in the world.
While Unit Five is the management node, Unit Eleven is also unavailable for sale, as the company has dedicated the use of income from this node to various social and environmental purposes, including bee research and protection, and encouragement of self empowerment of small entrepreneurs.