Qi: The only blockchain the world will ever need

chidoskim (39)in #qi • 2 years ago

Introduction to Qi

Qi is designed to be a modular, user-friendly and highly scalable blockchain that can meet the needs of companies and individuals alike. Blockchain technology is a very young technology that is still evolving to improve upon.

Blockchain is the new buzz word in the market. Now every company is trying to incorporate the technology into their business. But that doesn't mean that they understand it or know how to use it effectively. Qi is building on the potential of blockchain to create a decentralized, trustless, secure and scalable environment. Blockchain is scalable, energy conscious and most importantly, portable.

Features of Qi

The Qi platform is here to make blockchain easy, even if you're not a technical expert. It's a single solution for businesses to run their entire operation on a blockchain. It’s scalable, secure and easy to use. And it's the only blockchain that has been designed from the start to support enterprise-level applications. Qi is a blockchain solution for the exchange of value over the internet. It is the first blockchain solution to incorporate a resource-efficient consensus algorithm into the protocol's core. This results in an algorithm that can validate blocks in parallel without the need for multiple rounds of networking messages. The Qi protocol is a multi-functional blockchain protocol that consists of a public chain, a private chain and a sub-chain, which are all seamlessly linked together. This is the only blockchain platform in the world with sub-chain technology, which can effectively resolve the issues of scalability, security, and efficiency.

Qi is an open source blockchain platform. The platform is a part of an ecosystem where energy is used as a digital asset and exchanged among peers. It is a combination of a digital asset and a community platform. The digital asset, QI tokens, are used for energy transactions within the ecosystem. Qi is a blockchain with a difference: it is the only blockchain the world will ever need. The decentralized ecosystem will connect the world’s devices, block by block. It will enable the world’s machines, people and organizations to freely transact with each other. It's a decentralized ecosystem that provides developers and businesses with the tools for building blockchain applications. You can use it to create decentralized applications (DApps) for almost any use case. All you need is a smart contract. And thanks to the open nature of the platform, everyone can contribute to the development of the framework. DApps created for the Qi platform will be compatible with any product that uses the Qi virtual machine.

Conclusion

It is an innovative blockchain technology that helps to unlock the true value of the Internet of Things (IoT). Qi is a secure and scalable blockchain backed by the most powerful network in the world. It has all the features to support all kinds of Dapps, from financial to gaming to social networking. As a public blockchain, Qi is designed to be more than just a currency. It is designed to be a platform for a wide variety of Dapps, each of which can be accessed by all the users on the network.

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