What is RusCoin?
Thanks to the revolutionary invention of Professor Yuji Ijiri in 1989 – Triple-Entry Bookkeeping1 – and the blockchain based on that invention there are a growing number of new exciting opportunities for the financial sector and real economy.
RusCoin is a Fintech project aimed at investing assets raised through ICO in various business projects in the Russian Federation and worldwide, primarily in the shares of Moscow Exchange (MOEX) with the ultimate goal of accumulating a blocking stake, as promoted by Russian founders with an Internal Rate of Return >35%. We use Waves, a decentralized blockchain platform, in order to attract investors in our projects via ICO mechanism (‘Initial Coin Offering’). Buyers of RusCoin tokens thus become co-owners of real and existing businesses and/or readily obtainable assets, while the blockchain technology provides for complete transparency and traceability of all our transactions and investment projects by RusCoin token owners. A mechanism known as Smart Contract is one of the tools to ensure such transparency.