Lines and Curves

ROKS A Solana Stablecoin for Remittance

ROKS is designed to circulate among everyday people, for daily use.

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What is Roks

ROKS is a stablecoin, a class of cryptocurrencies whose exchange rate is fixed with respect to an established, well-managed fiat currency. designed to circulate among everyday people, for daily use.

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Stablecoins are the future of money

Stablecoins have so far permeated crypto exchanges (both centralized and decentralized exchanges). USDT, the first successful stablecoin, was born and raised in exchanges, used mostly by traders. ROKS is designed to circulate among everyday people, for daily use.

Overview of ROKS Remittance

ROKS Blog

  • RockStable

Updated: Jan 21

If you have received ROKS in your SparkPoint, MathWallet, or Metamask wallet, you can cash it out through Palawan Economy, Palawan Express, ML'Huillier, or Cebuana. (Your sender may have chosen for you; in which case you should use the fifth burn address "predetermined". This fifth option is not available at the moment.)




Important:


Bloom Remit charges additional 1% fee; so for example, if you are receiving about $100, the ROKS you send will be reduced by about $2 if using Palawan Economy.


These addresses are for use by remittance recipients only. If you received your ROKS in any way other than remittance, Bloom Remit will not know about you and will not be able to get your cash. In general, if you did not receive your ROKS from abroad, you can't use any of these burn addresses to cash out. We will provide another way for you to cash out soon.


Be very careful when copy-pasting any of the above addresses. You could lose all your money if you make a mistake! We are working with SparkPoint so that you can do this very easily, securely, and with no possibility for error. Coming soon.

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  • RockStable

Updated: Oct 7, 2019

What do you say when you meet one of the Billionaires behind the Bitcoin movement?

Tim: "I invested in Hotmail a long time ago; most recently I invested in Tesla, SpaceX, Coinbase, and Bitcoin..."

Patrick: "Wow. Fantastic. I am invested in RockStable."


OK, that's meant to be a joke, but the audio in the video below is so bad we could just as well replace the conversation with the above lines. The whole point here is that Patrick did manage to get his face time with Tim.



https://www.marketsgroup.org/forums/alts-sea-2019

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  • Chesca Garcia

Updated: Sep 27, 2019

Even if you are not familiar with it, you most likely have heard about Bitcoin, Ethereum, blockchain and the likes. A technology that has disrupted many aspects of business, the government and even our personal lives. While blockchain has gained popularity in the digital space it has not been translated into everyday ordinary life (or so we think). Maybe because it sounds too complicated and not many people understand it. Regardless of how much or little we know, what we initially thought of as just a hype is in fact very real.


So what is it exactly?


Let’s keep it simple. Blockchain’s killer app Cryptocurency is a medium of exchange value (just like ordinary money) that exists in the digital world and uses cryptography to make transactions secure. Basically a public database that keeps a permanent record of digital transactions. There are many different types of cryptocurrency, like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Ethereum Classic to name a few. But simply knowing is not enough. For a lot of people, they want to be involved while others need to understand the intrinsic details behind it.


So how does it actually impact my life you may ask? Today, cyrptocurrencies can be used for anything which requires transactions to be recorded in a secure manner. Maybe the most popular includes (among other basic functions):

  • Digital currency

  • Transfer money

  • Make micropayments

  • Lend people money

  • Buy / Shop for things

  • Trade for cash

We may or may not realize this but it is already used in ways we didn’t think possible since it first made the headlines. While there are billions of new people recorded to be online today, not everyone is still connected. And this has become a challenge to many startups that have sprung to offer their token as a medium of exchange. Enter RockStable… a crypto-based company in Wyoming, RockStable is composed of crypto experts. As the world goes digital, they envision a world where ROKS (a stabletoken) is used as a major medium of exchange for people's daily purchases serving the unbanked. They hope to introduce ROKS and spread its usage as medium of exchange in several countries (if not all),through the ROKS and ETH payment app called MainSale.


In a digital world where a lot have chosen to be a digital nomad working and living in a different country, just imagine how easy it would be to send money from where you are back to your family without paying for huge transaction fees. It also eliminates the contraint of having to transact with banks/remittance companies and the pain to produce documents just to prove the legitimacy of your money (which so many expats encounter due to intermediaries being careful not to inadvertently aid money laundering) before you can finally send money back home. And these are just a few of the things that can open up as we embrace the use of ROKS and ETH payment.


While it may be a fairly new technology and a very young platform, its potential and applications could be limitless and its impact is undeniable.


Learn how to do remittance with RockStable. It can save you a bunch!



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