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Ruby Currency

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Ruby Currency uses Ethereum’s blockchain and it is integrated with a smart contract. Everytime a customer buys Ruby Currency, it is processed with the help of smart contract. User can hold this token in any ethereum wallet. To execute a transaction, program first creates a transaction with required data and sends it to smart contract. To execute the transaction, blockchain requires a fees which we call as a Gas Fees. After transaction is successfully mined then smart contract send a token to wallet address which are stored in safe and secured wallet. A smart contract is an agreement between two people in the form of computer code. They run on the blockchain, so they are stored on a public database and cannot be changed. The transactions that happen in a smart contract are processed by the blockchain, which means they can be sent automatically without a third party.

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