QUANTOCOIN: A NEXT-GENERATION MODEL FOR THE FUTURE OF FINANCIAL SERVICES AND DIGITAL BANKING

in #ethereum6 years ago

Quantocoin has developed a next-generation model for the future of financial services and digital banking. This model uses Blockchain technology along with smartphones, as well as a new kind of bio-identification system which will be used to ensure safe and secure accounts for each user. This is a project to develop the future of the crypto-financial world. Its primary goal is to integrate and connect QTC into the traditional financial world and to create a single gateway through QTC platform for users, traders, investors and financial institutions with a whole range of add-on services. QTC has several functions such as; to buy, pay and to sell services and items online, exchange with FIAT currency, and allow investments. You can also use the option of international transfers (remittances) along with lending (microfinance), loyalty programs, etc. All these services are connected to the one point; QTC platform, making them more secure and transparent than currently existing cryptocurrency platforms.

WHAT IS QUANTOCOIN?
QTC is an open, decentralized cryptocurrency complexly designed to revolutionize the banking sector. It is a platform that will act as a one-stop solution in the future – in the form of a “QTC Bank.” The project begins with the QTC cryptocurrency and will grow into a network of complex services combining features of modern banking and Blockchain-based technologies while also being secure. QTC is a “one-stop-shop solution” serving the role of a simple, automatic and hassle-free banking tool that will be reachable anywhere with access to the internet and will be understandable and easy to use for everyone with no limits, regarding age, ethnicity, education or geography.” “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.” QTC is not only as currency; the project entails spending and earning money, with the availability of investment and speculation.

MISSION
We are developing a new financial project which is based on Blockchain technology, use of mobile technology and bio-identification systems. We aim to release QTC as a new type of digital currency to the expanding digital world, which is fast, efficient, reliable and completely secure. We are inventing a fusion of Blockchain technology and traditional currency to revolutionize the financial sector while exploring its full potentials thoroughly. “QTC will provide the appropriate advantages and has proven that Blockchain works and can bring added value.”

WHY IS THE PLATFORM SO PROMISING?
Because of using blockchain technology and advantages of cryptocurrencies which could not be matched by the traditional banking system and FIAT currencies.

ADVANATAGES
• No. GPS or phone reception required
• Wide processing range compared to near field communication (NFC)
• No need for a specialized point of sales hardware (POS)
• Technology supported by major mobile device brands

ALL-TIME BENEFITS OF QTC PROTOCOL
• Instant cash
• Cash advances can be automatically requested through your smartphone app.
• Purchase, spends
• QTC app can allow purchases with over 70 million merchants or cash withdrawal at over 3.8 million ATMs
worldwide. This has a Potential of over 5 billion mobile users.
• A responsible approach to cryptocurrency portfolio
• Contributors can continue with benefit from the incredible market appreciation as seen in previous years and moth
beside with positive prediction of 2018.
• Earning money even though you are spending them.
• Portfolio Growth - Collateral assets work for you due to actively managed portfolio

PROBLEM
• Restricted ability to make payments with cryptocurrency
• Trade losses resulting from the high volatility of the fast market
• Complex and costly process
• Selling any cryptocurrency on-demand will result in high losses

SOLUTION
QTC bank with QTC banking platform as the final stage of QTC project will bring solution by providing cryptocurrencies to mainstream everyday users.

OVERVIEW
Wallet – Exchange, Transfers, remittances cryptocurrencies P2P, B2B
Lending and microfinancing through unique QTC lending algorithms
Direct payment through high secure inner chat messages (Social Payments)
Actively managed crypto assets portfolio
Geofencing and proximity functions
Community building

CORE FEATURES
This section aims to completely outline and explain the core features of QTC as it relates to Security, Transparency, Minimal Commission/fees for transactions Value, Liquidity, and KYC/AML.

• QTC is partially backed by the “Bancor Protocol” characterized by the Constant Reserve Ratio which is based on our special “floating pool management algorithm” – FPMA. This means that the future price of QTC is influenced by FPMA-backed value, as well as by its internal value-added functionality which is believed to attract investors because of the rapid rise of Internal Net Value. This simple configuration easily supports a reliable and, in the future, implemented Proof of Reserves immediately, QTC converts cash into digital currency and back. This feature is available in the mobile app and QTC payment card.
• The QTC platform offers complete transparency due to its bio-identification technology which complies with the regulation of Anti- Money Laundering and “Know-Your-Client” provisions.
• Our new robust platform is built on the open blockchain technology which offers a more developed/tested “altcoin” blockchain infrastructure, leveraging the security and transparency that they provide.
• QTC will be the most widely integrated cryptocurrency today, trading with all of the leading exchanges, such as Bitfinex, BitStamp, Poloniex, and Livecoin, to name a few.
• QTC has world-class security while also meeting international compliance standards and regulations. QTC can be easily integrated with merchants, exchanges, and wallets just as any other cryptocurrencies.
• QTC offers excellent liquidity which ensures that users can buy or sell as many QTC coins as they wish, quickly, and with little fees.
• Traditional markets have a complex structure which is archaic and overly regulated, while QTC is easy to use and accessible from any mobile device, both geographically and technologically.
• Due to the traditional markets involving a long chain of intermediaries who charge commissions, it can be very pricey for individuals.
• Meanwhile, with QTC the commissions are minimal and there is no threshold which makes QTC economical. QTC also makes microtransactions possible which otherwise would be quite problematic.
• Everything is very understandable and easy to use and centralized to the unique QTC platform through the QTC ecosystem.

TEAM
Our core team consists of experts who have extensive experience in IT, blockchain technology, marketing and business models. In addition, our people are veterans in the traditional finance industry, with more than 25 years’ experience in online trading, FX and private banking. The idea of QTC originated from long-term planning and several years of practice. The principal visionary of the project was a partner in financial institutions in Europe, especially in Switzerland where he worked in senior positions for banks such as UPB or SG. Trusted with responsibility for managing and financing projects in the area of private placement, hedge funds and start-ups in volumes of billions of US dollars. He was also in charge of funding the IT project in Central and Eastern Europe. His interest in connecting IT and the world's blockchain with the real world, and its implementation into everyday life is vast. Especially in areas with dense population, or problem areas. As said before, while being a visionary, he is also an active creator of functional algorithms and an expert adviser on cryptocurrencies.

For more consequential information about this exceptional innovation, please visit the links below.

Website: https://www.quantocoin.io/
ANN: https://bitcointalk.org/index.php?topic=2897398
Whitepaper: https://quantocoin.io/wp-content/uploads/2018/07/WP_QTC_2562018-TESTING2-1.pdf
Telegram: https://t.me/QTCcoin
Twitter: https://twitter.com/Quantocoin
Facebook: https://www.facebook.com/qtcdto/

Author: Ever-young
BTC Profile Link: https://bitcointalk.org/index.php?action=profile;u=1760289