RubyCon is a project of hope for billions of people who are underserved by the current financial system and are burdened by expensive and inconvenient access to financial services. They are excluded from better solutions due to high costs, lack of proper identity, and poor access to banking locations, and bmistrust or poor understanding of the banking system. Furthermore, the learning curve of many existing platforms, and reasons such as lack of access to infrastructure like electricity, ex-pensive access to internet, and insufficient capital to afford a smartphone and a steep learning curve.
At RubyCon, we believe that technology should empower instead of displace existing communities and networks in order to reach the understanding and trust needed for massive adoption.
The RubyCon Network will be built on four layers of infrastructure to provide a low cost, universal access financial services platform accessible via SMS/USSD on feature phones, or with internet access via mobile app, enabled by block chain technology. This will help communities build self-sustaining, community-owned financial services ecosystems. By drastically reducing the cost and time required to provide Financial services, and drawing a diverse set of stakeholders into an inter-operable network, it will unlock the Long Tail of the global economy, benefiting populations most in need and enriching the global economy by unlocking the capital, intellect, and creativity of the underserved. RubyCon Network: An infrastructure for inclusive, community-owned Financial systems.