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RED RUBY NETWORK VALIDATOR UNIT 5 LIMITED

#678453 Private limited by shares

Company Details

Company Number 678453
Company Type Private limited by shares
Type Code 1119
Status Normal

Important Dates

Registration Date 30 September 2020
Last Annual Return 30 March 2021
Last Accounts Filed N/A

Industry Classification (NACE)

NACE Code: 62.01

Registered Address

Address not available

Contact Details

Phone Number Unknown
Email Address Unknown

Company Website

Company Description

Red Ruby Network Unit Five Limited is the operating heart of a collaborative consortium of sixteen Irish corporations dedicated to rapid, secure and environmentally‑friendly blockchain verification. Acting as the manager of the Red Ruby Validator Network, the professional team at Unit Five works alongside the other fifteen units to oversee royalty collection, maintain technical functionality, coordinate server placement and provide round‑the‑clock operations and maintenance for the network’s validator nodes.

The network’s core service is the validation of blockchain transactions using a highly efficient “date‑stamping” method that processes transactions more than two hundred times faster than traditional Bitcoin mining, while consuming a fraction of the electricity. Sixteen strategically located servers—hosted in hard‑ware and cloud data‑centres around the globe—ensure robust, low‑latency verification for clients, with additional validator nodes added as required by security, currency rules or client preferences.

Privacy is a foundational principle for Red Ruby Network. The organisation does not track, spy on or sell personal data, offering users a discreet, trustworthy platform for blockchain‑based accounting, supply‑chain tracking, voting, legal and real‑estate recording, and other emerging digital‑value applications.