QLC Chain builds a platform for distributed telecommunications. Instead of receiving your telephone service from a wireless provider, QLC Chain presents a system in which you purchase a connection from, for example, your colleagues. This may mean that you have to rent access to someone's Wi-Fi, receive a signal from a base station in someone's home or sell your unused data from your wireless provider to other users. QLC Chain, which first became better known as Qlink, can be described as a Network-as-a-Service provider.
QLC Chain launched a successful ICO in December 2017 and raised $ 19.3 million. The ICO only accepted NEO and issued a NEP-5 token. The project is based in Singapore and was founded by Allen Li, an entrepreneur with experience in the telecom industry. He worked for 7 years at Huawei Technologies was 4 years CEO of Youyou Mobile The QLC token is a NEO-based NEP-5 token. It becomes the currency for transactions within the market. Transactions using QLC are executed directly on the blockchain. QLC Chain also supports fiat currencies, for use between telecom providers and advertisers. This is intended to facilitate the transition for service providers to crypto. Fiat transactions will be processed in a traditional way, outside the chain. The QLC token has a total circulation of 600 million.Read more
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
Bitcoin Privacy Is the Only 'Big Question' for Devs, Says Poolin CEO
Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X
What to Make of the SEC's Latest Bitcoin ETF Rejection
Ex-CEO of Google Africa: Bitcoin a 'Gift' That Will Change Humanity
Bitcoin Back Under $8K — Next Is $7.4K If Support Zone Breaks: Analyst
Bitcoin's Irreversibility Challenges Int'l Private Law: Legal Scholar
Binance DEX Prepares to List a BCH-Pegged Token
Huobi Plans to Open Fiat Gateway with Lira-Tether Pairing in Turkey
Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day
Cameron Winklevoss: Buy BTC to Escape Negative Yield Bonds
Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR
Ethereum Futures: The Next Big Derivative to Hit the Market?
Bitcoin Price Diary: Losing Small Is Key To Long Term Success
Bloomberg Editor: BTC 'Is for Making Transactions The Man is Against'
Libra Shows Central Banks' Failure on Cross-Border Payments: Riksbank
What Does Skepticism for Libra Say About Bitcoin?
How to Manage — and Understand — Risk Tolerance in Crypto Investing