A Crypto-Based Remittance System!
We are Rock Stable and we are crazy about money. No, not about having lots of money, but about starting a revolution that has the potential to change your life (and ours too, if this all works).
What can you do with ROKS?
Our current focus is the remittance use case. If you work outside of your country, you send money back to sustain your family. You can buy ROKS at an exchange (say ExMarkets.com) and send it easily and very cheaply to your loved ones. Your recipients will receive ROKS in their smartphones, using a wallet app like the Opera browser wallet. They can then use the same wallet app to spend ROKS at any store equipped with our MainSale app or exchange it for PHP or USD at a local, licensed exchange.
Easy to Send and Receive Money.
To send ROKS, you simply sign in to your account with an exchange where we have ROKS listed. You then just use the “send” facility of that exchange to send ROKS to your recipient’s account (his or her “address”).
Secure & Trusted.
ROKS is as secure as you can keep your private key secure. Your account is associated with your private key. Your account number (or address) is public, but only you should have access to your private key. Your private key is not stored anywhere, but you should not lose it and not let anybody else access it. Anybody who can access it can take your ROKS away. In order to make it a little bit easier for you, both your account number and private key (which are very, very large numbers, impossible to memorize) are associated with a 12-word mnemonic which we recommend you write down on a piece of paper. You then treat that piece of paper as if it were cash worth the same amount of ROKS you have in your account. Anybody who can know your 12-word mnemonic can steal your ROKS.
You trust ROKS because you know you can easily exchange it for USD or equivalent at any exchange where it is listed.