The objective of the QLC Chain is to build a safe and trustworthy environment for telecommunications services, as well as to bridge the digital gap via the use of Distributed Ledger Technology, allowing everyone to function and profit from network services.
About QLC Chain
QLC Chain advertises itself as the next-generation public ledger built for Network-as-a-Service applications (NaaS).
The platform is built on the NEO protocol and includes a multidimensional Block Lattice architecture that manages and supports integrated smart contract capabilities via virtual machines (VM). QLC Chain uses two types of consensus: Delegated Proof of Stake (DPoS) and Shannon Consensus, which was created in-house by the QLC Chain team.
QLC Chain, which employs two consensus algorithms, achieves tremendous scalability while delivering a large number of transactions per second (TPS) and providing an intrinsically decentralized environment for NaaS-related decentralized apps (dApp).
What is QLC Chain [QLC]?
QLC Chain (formerly Qlink) is developing decentralized telecoms under a Network as a Service (NaaS) format. This concept aims to employ smart contracts to offer network services and dApp access.
If the QLC Chain initiative is successful, you will be able to buy and sell telecom services from your competitors rather than monopolistic telecoms firms in the future. According to the QLC Chain concept, you may sell leftover data to others, run your own cell signal booster, or purchase access to someone’s wifi connection.
QLC Chain is a Chinese blockchain project that is based on the NEO blockchain. It has already released a mobile app for VPN access and wifi sharing, and it is already functioning on its testnet, with intentions to deploy the main net early in 2019.
Who Are the Founders of QLC Chain [QLC]?
The QLC team includes individuals with backgrounds in software development, investment banking, and fintech. Allen Lee, for example, is the main architect and key developer of QLC Chain. Prior to founding QLC Chain, he worked as a systems engineer at Huawei.
Susan Zhou, the second co-founder, has an extensive financial sector history, having worked at Bloomberg LLP, Augentius, and Rhodium Capital prior to joining QLC chain. She also holds an MBA from the University of London.
What Makes QLC Chain Unique?
One advantage that they offer with a blockchain-based solution is the blockchain’s trustless nature. Conventional gateway services are frequently opaque, leaving telcos unable to ascertain service levels or true prices.
Users will also seek to benefit from the network, and as it expands, so will the potential, since the amount possible will be determined by the supply and demand of QLC Chain users in the region.
One source of income will be wifi sharing, which is currently being tried on the testnet. This function lets you rent out your wifi to other users in exchange for QLC token.
To increase telecom infrastructure utilization efficiency and avoid fraud, instant billing and clearing are used. Cost-cutting measures include lowering billing fees and automating cross-carrier settlements. To ensure user privacy, private distribution and high-level security are used. It also protects the integrity of the public ledger’s data.
Where Can You Buy QLC Chain [QLC]?
If you’re looking for a place to purchase QLC Chain, the best cryptocurrency exchanges to use right now are Binance, Gate.io, CoinDCX, and Bitbns.
Frequently Asked Questions
Can I Buy QLC Chain [QLC] With Cash?
No. There is no direct method to purchase QLC using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are there any quick ways to buy QLC Chain [QLC] in Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On what factors does the price of QLC Chain [QLC] Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact QLC’s price and market cap.
QLC Chain Official website – https://qlcchain.org/
QLC Chain Twitter – https://twitter.com/QLCchain
QLC Chain Medium – https://medium.com/qlc-chain
