QUANTOCOIN - Integrating and Linking QTC into the World of Traditional Finance

aray80 (0)(1)in #bitcoin • 6 years ago

Hello everyone in this article I will present an interesting ICO analysis, called Quantocoin, based on the following criteria:

Revolutionary blockchain cutting edge banking platform for 3.8 billion people We solve the problem with wide adoption of cryptocurrencies.

What is the QUANTOCOIN

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.

Quantocoin is a platform for the future of funding that is built on top of the Waves blockchain. It accelerates the growth of unbanked people by offering tools and services that save both time and resources.

Current Problem
The adoption of cryptocurrencies into normal life. Now is almost impossible to pay with any cryptocurrency for good, or do transfers etc. Also, the transaction processing for cryptocurrency against fiat is practically non-existent.

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

Functions

Wallet : : Exchange, transfers, remittances
Social Payments : High secure inner chat
Instant Cash : Cryptocurrency for everyday users
Crypto Assets Portfolio : Tokenized portfolio management algorithm
Lending and Microfinancing : QTC lending protocol
Geofencing : Unique proximity functions

Technologies
Hybrid payment application - We combine three best world technologies at one point.
QTC mobile App will be made available for download via the iOS or Android marketplace and customers will finally be able to use cryptocurrencies to pay for any fiat-based goods or services instantly, easily and immediately on any POS terminals with NFC technology, QR code or through our qtcBeacons.

qtcBEACON
A BLE beacon is a small device – usually powered by battery or USB – that emits a Bluetooth Low Energy signal. A modern smartphone in the vicinity can pick up the signal being emitted by the beacon to deliver quick, safe and easy mobile-based proximity payment solutions. Beacon-based payment apps is also phone agnostic, thus making it practically accessible to any smartphone user.

NFC
Near field communication, is at a very basic level simply “contactless” communication between two devices. In regard to payment processing, it is the technology that enables your phone to communicate with the payment terminal (POS) to initiate a transaction.

QR CODE
Quick-response codes have the set of ubiquity that NFC lacks. They work a bit like old fashion barcodes, but they are digital and give them the power to enable you to complete mobile payments.

Distributional Token Offering
The Quantocoin Distributional Token Offering (DTO) is the logical, second step to distribute all QTC with respect to the whole QTC project vision – All tokens will be distributed.

70 million qtc tokens will be distributed in defined consecutive periods over the next 10 month. These tokens will be split into the same rolling windows of the same amount QTC availability.

At the end of a period, the respective set amount of QTC Tokens for that period will be distributed pro rata amongst all authorized contributors. Means everyone gets the same price, based on the total amount contributed during that period.

Schedule

Token name	Quantocoin
Abbreviation	QTCt
Blockchain	Waves
Initial price of 1 QTC Token	from USD 1.2
Duration of DTO	10 x 28 days periods (10 Months)
Amount token per one period	7,000,000
Available no. of tokens	70,000,000
Basic principle	All tokens will be sold during DTO
Secured ways to purchase tokens	Bitcoin (ВТC), Ethereum (ETH), fiat payments
Settlement Period	2(3) days
DTO duration	1st July 2018 (GMT 00:00) – 30th April 2019 (GMT 29:59)

Roadmap

FEB 2016
Lite white papers, legal structure and framework, establishment of partnership, secure technical partnership
Q1 2017
Marketing plan, recruitment of talents, platform planning and development road plan
Q3 2017
Advisory board establish, partnerships with banks and liquidity providers, community development, ambassadors introduction
Q4 2017
Security audit, UI/UX development, applying for listing on the major cryptocurrency exchanges, launch new markets
YEAR 2016
Business plan strategy direction, project plan elaboration, licensing and company chain establishment
Q2 2017
IP and TM registration, regulatory framework, compliance execution plan, white papers
DEC 2017
ICO
Q1 2018
Submission for QTC listing on the major cryptocurrency exchanges, launch new markets (Asia, middle east, Africa), testing platform
Q3 2018
DTO start, app launch, merchant app development, lending protocol testing
Q1-2 2019
Merchants network expansion, hybrid application testing, lending protocol implementation, robo-advisors, DTO end
Q4 2019
Hybrid application implementation, full merchant functionality, own exchange facilities established
Q2 2018
First app version tests, wallet development and tests, applying for EMI, PI authorisation at FCA
Q4 2018
Remittances start, wallet full functionality, first qtcBeacon, the authorisation for activity from FCA, submission of documents to obtain a banking license
Q3 2019
Obtaining banking license, integration with the swift system