CYBEX will officially launch QLC Chain (QGAS) on August 12, 12:00, opening QGAS/USDT trading pairs and the deposit ad withdrawal function on August 9, 15:00.
CYBEX Exchange Official Website: https://dex.cybex.io/
What is QLC Chain (QGas)
QLC Chain is the public chain for Network-as-a-Service (NaaS). QLC Chain supports each account to have its own chain of ledger integrated with telecom service capabilities, named the multi-dimensional block-lattice structured ledger.
QGas is the fuel token on Go-QLC. QGas will be consumed when a communication service provider deploys its service on Go-QLC. QGas is not premined or sold via ICO, it is generated from staking QLC. The production is 8302 per day.
For instance, carriers CMCC international deploy their clearance business on QLC Chain, and every inter-carrier transaction confirmation will require Q-Gas consumption. QLC holders can sell their earned Q-Gas to carriers for profit from the market function in QLC Chain Wallet or supported exchange.
Carriers can also purchase QLC for staking and earn QGas, to reduce its clearance cost.
QLC Chain implementation can support telecom services, especially for the 5G era with the following benefits
1. Cost saving: blockchain based cross carrier billing, trusted billing, and MVNO platform
2. Value-added Service: IoT data asset protection and exchange, global phone bill top up
3. Enhanced security: blockchain based message authentication solution which is more secure than Google Authentication; encrypted IM/Email
Hope you have a great time!
August 6, 2019
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