QLC Chain was founded just a few years ago by a group of telecommunications and blockchain technology experts with strong business experience. Currently, it brings together more than twenty employees with expertise in telecommunications, chips, eSIM, P2P networks and encryption. The company’s offices are located in Hong Kong, China, Silicon Valley, USA, and Europe.
What this chain is? QLC Chain is an innovative project that aims to become the leading public network for a Network as a Service (NaaS), as they describe it: ‘multidimensional block-lattice structured ledger with built-in telecommunications service capabilities, as described in the project itself.’
Thus, the platform’s decentralized network provides telecommunications services through an infrastructure consisting of telecommunications assets, smart contracts, mobile operators, content providers and users. Qlink also allows you to register and track various telecommunications assets. The owners of these assets can then share their usage rights with other users using smart contracts, allowing the owners to monetize their property, receiving a reward in the form of QLC tokens.
Three characteristic benefits make QLC Chain competitive to other market participants: distributed billing (trusted billing, carrier billing, anti-fraud billing), P2P addressing (IPv6-based digital identification, Chord network optimization), distributed security (digital identity authentication, privacy encryption, local storage).
The secret for the tokens unique nature is its dual nature: from the one side, we have QLC – a service law related to measuring network bandwidth, and from the other side we have QGAS – a service fuel for symmetric behavior, information processes such as sending/receiving, encryption/decryption, uploading/downloading, encoding/decoding.
The QLC token are circulating on the Qlink platform and are used as a payment method for the variety of services provided by the platform, as well as to reward users for viewing sponsored content. The company partners with Binance, NEO, participates in the GIIS program, and traded on all the major crypto-exchanges with Market cap c. $10 mln .