About QLC Chain (QLC)
QLC Chain (QLC) Chain project is founded by a group of telecom and blockchain technology experts with entrepreneurial spirits. The team consists of over 20 developers, all with telecom, chips, eSIM, P2P network, encryption experiences, with offices in Mainland China, HK, Silicon Valley, and Europe. The full structure of QLC Chain matured in 2017, aiming to deeply integrate telecom capabilities on a public chain, to build a trusted environment for telecom billing, security and addressing. The public chain has launched in 2018. In the 5G era, the public chain underpinned network will support the convergence of transmission, content recognition and instant payment.
QLC Chain (QLC) Storage Key Points
|Coin Name||QLC Chain|
|Circulating Supply||240,000,000.00 QLC|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
QLC Chain’s mission is to create a secure and trusted environment for communication services and to narrow down the digital divide by leveraging Distributed Ledger Technology, enabling everyone to operate and benefit from network services.
Tokenizing the network resources to achieve deep integration of transmission network, content network and value network New business line – content bundled network
Instant billing and clearance to improve telecom infrastructure usage efficiency and prevent fraud Cost saving decrease billing fee and automate cross-carrier settlement
Using private deployment and high-level encryption to guarantee user privacy Maintain data integrity on the public ledger
From Telecom Network to Value Network
QLC Chain Helps Montnets Group on 2 Billion Global SMS Billing and Clearance per year
- A peer-to-peer SMS message market for various SPs
- To simplify business execution by removing the redundant one-on-one connection
- Every outgoing message recorded as a transaction on the blockchain
- Counter Telecom Fraud by SMS sender authentication
- Prevent grey routing by accurate billing
The Multidimensional Block Lattice structure allows transactions to be handled independently of the main ledger.
Low Energy Consumption
Delegated Proof of Stake (dPoS) and Shannon Consensus.
Beyond Value Transfer
Support various telecom functions and services.
QLC Chain and Multidimensional Block Lattice
QLC Chain has developed its Multidimensional Block Lattice structure to support frequent transactions and various functions in the network industry, and to enable a decentralized Network-as-a-Service (NaaS). Block Lattice maintains one blockchain for each account controlled by private keys of the respective accounts.
These blockchains are then replicated to all the peers in the network. In these blockchains, it is only the balances that are tracked, not the transaction amount. Balance transfers are executed with the help of send and receive blocks. A send block reduces the balance and the delta is then marked to the recipient account. The recipient then creates a receive block which increases the balance.
QLC Chain uses the current Block Lattice structure, which does not require mining to reach consensus and results in zero transaction fees, and takes it a step further. By converting the single dimensional Block Lattice into a multidimensional structure, each account can handle multiple tokens as well as new tokens that are mapped to a new chain within the account.
Since each token exists on a single chain (dimension), the entire structure with multiple tokens is called a Multidimensional Block Lattice Structure. This results in seemingly unlimited scalability, while improving security.
Global SMS business is just a starting point for decentralized network resources processes. Blockchain technology has intrinsic advantages of transparency, immutability, and fruitlessness. This, coupled with the fractionalization of network resources, could aid the development of a fair and efficient market platform. And, over time gradually include expanded functions, such as mobile data, internet of things (IoT), and more.