“The future of money is digital currency”- Bill Gate
Quantocoin is a crypto currency developed to bring a totally different but evolution idea to future finances and digital banking system leveraging the security and trust provided by blockchain technology to provide a unique financial system.This is a project that is being developed to stage the focal point for the future of crypto- finance world.
The idea is simple but yet designed to promote the blockchain technology as the future of world economy by integrating the Quantocoin token (QTC) to the more established traditional financial world, with the token allowing the blockchain backed platform to execute the same range of ad-on- services as traditional financial bodies acting as digital bank whilst providing the benefit of decentralization and in the process creating a one-stop-shop for financial institutes, investors and traders alike.
The whole idea of Quantocoin is simple and straight forward even to the most lame, using the power of blockchain technology to provide a platform that act as a digital bank and can execute same range of services of the traditional digital banking like purchase of online goods, payment of bills, only with the added benefit of decentralization: the feature that allows more freedom and exposure of digital banking even to the unbanked who are victims of the inability to meet up the strict centralized banking requirements. Thé ideology is to have a QTC Bank in the future, a decentralized bank that offers all services of the centralized bank.
What is Quantocoin?
QTC is the First global alternative asset with immediate liquidity and currency functionality which operates with extreme speed, reliability, and efficiency at a low cost with free anonymous transfers. It is readily available for those without access to bank services.
Benefits of Quantocoin
Countries like Iran recently hit with the US sanction that prohibit the country from international trade by blocking their Identity on the global transfer giant platform SWIFT, are looking to boycott their international ban by reverting to developing their own national digital currency that will be a more decentralized means of transacting internationally, and Quantocoin provides the much needed digital banking structure to aid their plan as QTC looks to provide banking benefit to the unbanked mostly in the developing part of the world like Africa and Asia.
QUANTOCOIN MOBILE
QTC platform is developed as an app on smartphones to encourage faster, easier and readily available p2p and b2b transctions.
QTC GROUND BREAKING TECHNOLOGIES and APPLICATION
As a digital banking platform looking to integrate the crypto ideology into the modern banking system and providing avenue for online payment, remittance and fund transfers using crypto currency, the idea is to developed or other wise adopt digital payment facilitating technologies.
The QTC blockchain banking platform combines the state-of-art payment technology called QTC BEACONS (BLE TECHNOLOGY), with NFC and QR to facilitate payment procedure.
The BLE TECHNOLOGY a small device powered by USB or battery allows u to pay for u r goods on the go in a shopping without having to queue at a POS terminal even without internet connection which even makes it deployable in developing part of the world. The Beacons device emits a bluetooth radiation wish can easily be picked up by your smartphone and you can make your payment on the go!.
SECURITY
Providing digital banking Infrastructure without strict banking requirements as a more centralized bank will do, is it secure? yes it is with QTC. QTC platform uses a special form öf biometric verification security system on their mobile apps to eliminate any form of insecurity and is also backed by the immutability of the blockchain technology.
QTC WALLET
Will serve as the storage room for QTC token and other crypto currencies that will want to trade on the QTC platform.
QTC TOKEN
QTC token will serve as the fuel and traditional currency on the platform. QTC platform users can only carry out transactions after the procurement of QRC token.
Conclusion
The QTC project will in no doubt project the blockchain technology to mainstream adoption as it’s target a sector that affects day to day human life, and as earlier quote by Bill Gate, the future of money is the digital currency. With QTC, digital banking in the cryptospere is a reality.
For more Information and Resources
bitcointalk username:tonyryce