Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Roobee (ROOBEE) is now available on KuCoin. Supported trading pair includes ROOBEE/BTC.
Please take note of the following schedule:
Deposits Effective Immediately
Trading: 18:00 on October 16, 2019 (UTC+8)
Withdrawal: 22:00 on October 16, 2019 (UTC+8)
Roobee Company Summary
Roobee aims to provide access to a range of investment products to the average person via a website and a mobile application.
The project's basis is HyperLedger Fabric, and it also uses Ethereum's blockchain platform as it is a well-established infrastructure for smart contracts. By using HyperLedger's PKI (Public Key Infrastructure), the user is in control of their private keys, and there is no need to trust third parties.
Whitepaper & Documentation
The whitepaper offers some information regarding Roobee's overall goal. Market research and problems and solutions sections can be found at the beginning of the paper. The products and their features are well described, accompanied by use cases for better understanding.
A detailed description of the project's technical aspects is available, although not intended for the general audience. The technology behind every feature is explained, and a blockchain use case is provided.
Legal & Disclaimers Description
Platform and Token use
The token use within the platform, as well as the platform itself, are well described in the documentation. Information about the tokenomics and the legal nature of the project is provided.
Roadmap & Milestones
A quarterly roadmap, with good representations of the milestones, is supplied. It spans from Q4 2017 to Q2 2021. The team has included descriptions of their accomplishments so far and their future goals for the year ahead.
Team & Advisors
The team is comprised of skilled individuals, with experience in multiple fields. Most members are technically-oriented and have the necessary abilities for the development of the platform. There are multiple advisors to complement their skill sets.
Amine Berraoui is the CEO of Roobee. He has a degree in Mathematics from the University of Science and Technology in Lille, a Master in Computer Science from the University of Lille, an MBA in Management and Finance, as well as an Executive MBA in Management from London Business School. His experience includes working as a Country Treasurer, after which was a Chief Dealer, Vice President, Executive Director and Head of Global Markets at Abn Amro Bank.
He has also been an Executive Director and Managing Director at the Royal Bank of Scotland, as well as Managing Director and Head of Sales at Deutsche Bank. He is an active Founder of Tramonex and Co-Founder of Africa Impact Partners.
Vladislav Siganevic is the CMO at Roobee. He has a degree in International Business Relations from the University of Economics in Prague and a Squared Online qualification in Digital Communication and Media/Multimedia.
His experience includes working as an E-Marketing Specialist, Owner of an e-marketing services company, Project Manager, Head of Marketing and Business Development at CreditOn, Global Chief Marketing Officer and Managing Director at Creamfinance.
Oleg Gaidukov is the CTO at the company. He has an Engineering degree in Optical Physics from the Povolžskij State University of Telecommunications and Informatics. He has been the Head of Telecom and Networks at ZAO Banca Intesa, a CTO and CPO, as well as a Visiting Blockchain technology advisor at several blockchain companies.
Denis Kaizer is the Head of Research and Development at Roobee. He has a Bachelor in Management in Technical Systems and a Master in Management Systems and Information Processing in Engineering. He has worked as a Software Developer, Solidity-developer and CTO at Forseti, and a CTO at Cryptoworld.
Oleg Grishko is the IT Architect at the company. He has a Systems Engineer degree from the National Research Nuclear University in Moscow. He previously worked as a Project leader/architect and Oracle Developer at RDTEX, Lead Architect at Borlas, Solution Sale Professional at Microsoft, Head of Development and Chief Architect at Asteros, IT architect and Enterprise Architect.
Ivan Golovanov is the Product Owner at Roobee. He has a Bachelor in International Economics and a Master in International Finance. He has worked as an Investment Analyst at Nordea Markets and is currently the Co-Founder of Hashlab.
The advisors have shown participation in the project and have the relevant education and working experience to support its development.
Private Investors, Venture Capitals, Incubators
The company received an investment of USD 4,500,000 from a private investor in August 2018. In April 2019, the private sale was closed by another investor, with an investment amount of USD 1,000,000.
The company is partnering with BitGo, Sum&Substance, Blockize, Inventure Partners, SmartDec, and ITI Funds.
Reviews from Notable Influencers
The project has received a positive review from multiple influencers including Chico Crypto.
Talk about the Project
Most comments on social media regarding the project are positive.
Technology & Development
Type of Project
The project is a software platform in the form of a mobile application and a web platform, allowing access to a wide range of investment products of traditional financial and crypto markets.
Blockchain Technology Usage and Innovation
Roobee will provide access to a wide range of investment products of traditional financial and crypto markets like stocks, ETFs, investment funds, venture funds, cryptocurrencies and others through an investment software platform in the form of a mobile application and a website.
The project is utilizing its own RoobeeChain, based on Hyperledger Fabric and a public Ethereum chain.
They have secure storage using centralized and decentralized solutions and are using machine learning methods for creating individual investment portfolios and strategies, and automated rebalancing.
The platform will consist of Roobee ID, which is the user's keychain and includes public and private keys, as well as a digital ID, which the user receives when registering on the platform.
It also includes a RoobeeWallet (for storing and exchanging cryptocurrencies, digital assets and RoobeeID keys), RoobeeScore (a system that automatically evaluates products, avoiding scams on the platform and helping the client make the correct choice), and RoobeeFin (a Smart user assistant that can create a suitable investment plan for the user, based on their scoring via risk-profiling and machine learning methods).
The project has also implemented the RoobeeMarket (a place where users can make a portfolio by themselves), RoobeeTerminal (a terminal for trading on RoobeeLiquid and other exchanges), and RoobeeLiquid (an internal OTC platform for decentralized exchange of digital assets between Roobee users).
Roobee platform will support digitized assets, issued on RoobeeChain, using IDAMS (Internal digital assets management system). Users will be able to manage their digitized assets or transfer them (i.e. to trading strategies/portfolios) in a secure way – using smart contracts and combination of the Roobee ID and RoobeeWallet.
Dependencies to third party platform or service
The RoobeeChain is based on HyperLedger Fabric and Ethereum. Roobee has chosen HyperLedger Fabric as the basis for its blockchain due to its flexibility, confidentiality, and scalability.
Ethereum was chosen to ensure the security and transparency of all public operations and also because of its large number of nodes and its well-established infrastructure for developing smart contracts.
Decentralization of the System
The system is decentralized to the extent where anyone can join, and every token holder will have free access to the platform's features.
Each of the blockchain's investment products will have a genuine public track record, and in the future, users will be able to vote for various innovations and add new tools and features to the platform.
System Security Measures
One of Roobee's many functions is the RoobeeID, an open-source library that implements the interaction with the chain without third parties. It is part of HyperLedger's Public Key Infrastructure and can store private keys.
This, in turn, allows signing transactions in a decentralized and secure manner and verifies their confirmation by the RoobeeChain network. In regards to any risks of partial or total capital loss due to digital assets being kept in centralized sites and wallets, Roobee's HyperLedger basis, the RoobeeID and the Roobee Wallet allow users to store their private keys, and so no one will be able to access their funds.
We sincerely appreciate your support and understanding, we hope this information proves useful to all users and potential investors.
The KuCoin Team.
Risk Warning: The cryptocurrency market is available worldwide 24/7 for trading with no market opening or closing times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin screens all tokens before they come to the market; however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for user’s investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice.