Bennett Jones is providing general and ongoing consultation to Rublix Development Inc. for cryptocurrency issuance project. Rublix has developed a platform for peer review of cryptocurrencies along with a proprietary currency of its own. The prosed scheme involves securities regulation because the peer reviewed cryptocurrency can amount to advising the public on securities under Canadian securities law. Although, the Rubix system of cryptocurrency review and rating is novel and potentially more effective than traditional securities advice due to the real time rating of analysts against value benchmarks, the employees of the client have a background in programing and blockchain ventures and are not registered as securities advisors in Canada. The new proposed cryptocurrency is also a security.