Qi Blockchain Market Overview

in #qi2 years ago

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Introduction

The QI Blockchain is a decentralized, permissionless blockchain and a quantum-safe blockchain. QI can be used for all kinds of payments, including financial payments, and the QI token is a stable currency used for financial payments. The QI blockchain has a blockchain-based private key signature mechanism and a consensus mechanism enabling private key encryption and signature encryption. QI is a blockchain platform that aims to be a world-class enterprise-ready public blockchain. The platform is designed to be an enterprise-grade blockchain that is deeply customizable and requires no coding language to use. The QI blockchain is also working to be a blockchain platform that is able to reach extremely high TPS (transactions per second) while also reaching consensus in seconds. The QI blockchain can handle thousands of TPS and reach consensus in just seconds. It is also able to run on various hardware configurations and is highly customizable in terms of the consensus protocol (PoW, PoS) and smart contract languages. The QI blockchain uses an innovative new consensus mechanism called “Proof of Intelligence.

The Qi Blockchain market delivers a comprehensive data solution that is transforming the way businesses, governments, and users exchange information and assets. These new ecosystems are made possible by the emergence of blockchain technology, which enables us to establish trust and transparency between multiple stakeholders. It is truly difficult to know where to begin when discussing the QI ecosystem. The project is so large and so revolutionary, that it is tough to cover every aspect of it in one article.

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Ecosystem of QI Blockchain

The QI Blockchain ecosystem is a relatively new and rapidly growing industry. It’s a promising investment space with a market size of $2.2 billion. The QI Blockchain market is predicted to reach $12.79 billion by 2025. The QI Blockchain market is developing quickly, particularly in the past year, with new projects emerging on a weekly basis. The market is huge, and it’s growing fast. The QI blockchain market is driven by various factors, such as the increasing demand for blockchain applications in various industries, growing cryptocurrency market, and the increasing focus on transparency and immutability. The QI blockchain market is segmented on the basis of component, application, and organization size. On the basis of component, the market is segmented into protocols, development tools, platforms, and others. On the basis of application, the QI blockchain market is segmented into banking & financial services, supply chain & logistics, healthcare & life sciences, real estate, and others. On the basis of organization size, the market is segmented into large enterprises. QI blockchain is a type of blockchain protocol, designed to facilitate interoperability and value exchange across different blockchains. Its architecture allows for different blockchains to exchange information about transactions and smart contracts without the need for a centralized party to handle the exchanges. It is a blockchain protocol focused on the exchange of value in the blockchain world. QI blockchain features a hybrid Proof of Stake and Proof of Work (PoW) consensus algorithm called Liquid Proof of Stake (LPoS). LPoS is based on a delegated Proof of Stake (dPoS) system originally developed by EOS.

QI technology is a block-less distributed ledger that can record transactions and data in a tamper-proof and highly scalable way, and QI-chain technology is a technology designed for the high-speed concurrency and transaction processing. The QI ledger is the core of QI-chain, which is a technology that guarantees all the nodes in the network to be equal. This technology is a blockchain without a chain. It uses a directed acyclic graph instead of a chain to achieve a decentralized network. With the blockchain, QI-chain can be applied to various fields, such as finance, supply chain, and smart home, as well as industry applications such as Internet of Things, artificial intelligence, and robotics.

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Conclusion

The QI blockchain has been designed with an incentive system in mind, rewarding active network participants. The QI blockchain is a derivative of the Lisk blockchain.

USEFUL LINKS

Website: https://qiblockchain.online/
Whitepaper: https://qiblockchain.online/images/QI-blockchain_whitepaper.pdf
Twitter: https://twitter.com/qiblockchain
Telegram group: https://t.me/HovRonQiblockchain
Instagram: https://www.instagram.com/qiblockchain.online
Facebook: https://www.facebook.com/QiBlockchain
Reddit: https://www.reddit.com/r/qiblockchain/
Discord: https://discord.gg/ucGSzSp4C3
YouTube: https://www.youtube.com/channel/UCxRiEx7ywDyXp3seX8J4DdQ
Github: https://github.com/Qi-Blockchain

AUTHORS DETAILS

Bitcointalk Username: Endpoet
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767513

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