Topic: [ANN]Based on blockchain Qcity has Q-Platform which Qcoin is used in real life. (Read 217 times)
August 21, 2018, 02:36:56 AM
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August 21, 2018, 02:31:26 AM
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Description
Qcity continues to grow through independent business platform.
Trade Qcity on the exchange and use Qcoin in real life.
Qcity is an cryptocerrency that is traded on the exchange.
Qcity is a utility-based cryptocurrency that establishes Qplatform, the blockchainbased business platform,
and creates a separate trading method called Qcoin, which is used within Q-platform.
We use the Q-Coin, which has legal monetary value and one-to-one fixed value, for real distribution.
We describe this as a hybrid coin.
- Coin name : Qcity
- Unit : QCT
- Platform : Bitcoin type
- Open status : Public
- Total quantity issued : 500,000,00
- Initial quantity mined : 390,000,000(78%)
- Block time : 60 sec
- Minning rewards : 0.06 QCT
- Minning method : POW
- Algorithm : Scrypt
- Number of confirmed contracts : 6 confirms
Specialty
Price fluidity and delay of payment time are main obstacles in market circulation of cryptocurrency. Qcity would like to solve these problems by construction of Q-platform,
which generates Qcoin, maintaining fixed value, and it will be distributed as a transaction medium.
Based on the ‘Qcoin’ service mark registration and the BM patent application of transferring card sales to cryptocurrency to the Intellectual Property Office,
the project, focusing on distribution, combines FinTech technology such as immediate payment, mobile loan, and payment system with blockchain technology.
platform immediately pays card sales in cryptocurrency, so it can be distributed to shops and kept as loans and interest payments between shops,
and it is a business platform which is comprised of process of saving points for consumers and spreading.
The project, aims for activation of market distribution in monetary point of view, and in technological point of view,
it aims for establishment of blockchain-based platform to ensure smooth distribution of cryptocurrency to market, and lastly, in social point of view,
it pursues public goals to contribute on improving quality of life by smooth financing and income growth of traditional market, sole proprietors, small enterprises.
Q-Platform
https://i.imgur.com/cKqvcO5.jpg
Q-platform, complying with the blockchain's ideology of decentralization and disintermediation, is a ‘Implement a business platformbased on blockchain’
that forms active direct transaction between users based on immediate payment (Q-pay), Q-s2s, Q-point infra system.
1. Immediate payment (Q-pay) : Immediate payment (Q-pay) is a method of issuing cryptocurrency based on card sales credit using blockchain technology, and it is a system of immediately providing cryptocurrency
based on the credit card revenues generated by the shop and replaces it fiat money when credit card bills are received by card company. (※ BM patent application : 10-2017-0135741) The received Qcoin is
immediately exchanged 1:1 with the legal currency and retained Qcoin can be used as Q-s2s or Q-point.
2. Shop to Shop loan (Q-s2s) : Q-s2s is a loan transaction between shops in a form of P2P, which enables safer and faster investment or loan between Q-platform members.
Q-s2s is a system that allows capital-needed loan shops to receive loans at a lower interest rate than market in a 1:1, 1: n, or 1: system manner, and when sales occur in the future, interest payment and principal
repayment are automatically made to the investment shop via smart contract.
It offers lower interest rates to loan shops, and interest returns to investment shops.
In addition, when Q-platform merchant contract is signed, Qcity deposited as the deduction fund acts as a collateral of the loan, significantly reducing the risk of a P2P loan
3. Customer management (Q-point) : Q-point is a system which provides customized services by providing certain amount of Qcoin when customers make payments at shops,
there by contributing to customer management and ultimately to growth of revenue.
While the existing point system was only available in limited shops and restricted to use, Qcoin customers received from Q-point can be used in any franchise shops within
Q-platform and can be given as a gift to others.
Qcoin handed over to another person leads them to a shop for use which results in new customer acquisition. Furthermore, if Qcoin is purchased separately,
it is issued in the form of a mobile gift certificate, making it convenient to send and receive gifts.
Qcity & Qcoin
- Qcity generates Qcoin, which is a separate trading method within Q-platform.
- Fund raising for development and commercialization of Q-platform is done by ICO of Qcity.
- Qcoin guarantees a fixed value of 1:1 with each local legal currency.
- If Q-coin is required, charge in Q-platform via Qcity.
- Q-platform franchise shops deposit Q-city as a deduction fund according to voluntary covenants.
- Service fees between Q-platform franchise shops should be paid in Q-city.
- Q-platform is globally constructed through the medium of Qcity.
Qcity is a utility-based cryptocurrency that establishes Qplatform, the blockchain-based business platform, and creates a separate trading method called Qcoin,
which is used within Q-platform. Qcoin resolves problems of price fluidity and delay of payment time by maintaining a fixed value of 1:1 with each local legal currency.
If Q-platform is activated and spread globally through Qcity, demand for Qcity increases, and generated Qcoin revenue is sold by Qcity, and purchased Qcity is incinerated.
Technology
We are a Qcity Project Team that developed coin, mobile wallet(for android has achieve 50,000 downloads) and explorer and has been conducting ICO directly in the innovative company.
Qcity is a bit coin-type coin that has been continually upgraded and added eco-mining technology to ensure network stability.
Echo-mining : algorithm that keeps blocks generated within a minimum of 20 seconds and a maximum of 3 minutes based on block time 1 minute.
Garbage block generated due to the too rapid generation block, It prevents block generation stop state due to the high degree of difficulty.
https://i.imgur.com/7H9bXbb.jpg
ICO & Roadmap
Schedule
- Pre-ICO(30~20% extra bonus) : Mar. 11, 2018(00:00) ~ Mar. 31, 2018(00:00) UTC
- ICO(5% extra bonus) : Sep. 10, 2018(00:00) ~ Sep. 28, 2018(00:00) UTC
https://i.imgur.com/2RbeJTv.jpg
Links
- White Paper : http://qcitycoin.org/img/qct_white_paper_En.pdf
- Block explorer : http://insight.qcitycoin.org/
- Website : http://qcitycoin.org/
- GitHub : https://github.com/qcity
- Telegram : https://t.me/qcity2018
- Facebook : https://www.facebook.com/Qcitycoin/
- Twitter : https://twitter.com/qcitycoin
- YouTube : https://www.youtube.com/channel/UCMi96xEq5mlOsNK8JIXmbwg
- Medium : https://medium.com/@qcity
- Steemit : https://steemit.com/@qcitycoin
- Reddit : https://www.reddit.com/user/qcitycoin/
- Mail : [email protected]
https://i.imgur.com/KdMBNtz.jpg
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