Hi Steemit. I, as always, have a very good project for you. I love such projects that are changing our familiar world. And make it better. The project that we are considering today is a financial instrument. We will call it Crypto Bank. The project, unlike most projects, uses blockchain WAVES, which is also an interesting solution. The project is called QUANTOCOIN and let's look at this wonderful project.
Blockchain WAVES Wiki
The platform operates on the basis of LPoS consensus, modification of the Proof-of-stake consensus. A feature of LPoS is the ability for users to transfer their own balances to full nodes on loan in exchange for a portion of the profits from mining (the so-called Account leasing) .
Landlords retain the right to return funds transferred at any time. Users engaged in generating blocks are selected by the Waves token balance. Only full nodes have the mining right within the platform. Ordinary users can only transfer their balance sheets to them and do not participate in the mining process.
To ensure the immutability of the chain of blocks that make up the base of operations with tokens, cryptography is used, similar to that used in the Bitcoin system. That is, classical public key encryption is used, and the token holder retains control over his balance until his private key is known to an outsider. Tokens can be converted into either fiat or cryptocurrency, as well as tokens of other projects.
History of the Blockchain WAVES Wiki
The platform was founded by entrepreneur Alexander Ivanov in 2016. The NXT blockchain platform, a decentralized infrastructure with the possibility of issuing cryptographic tokens, served as a guideline during the creation of the project.
By June 1, 2016, during the crowdfunding campaign, Waves was able to collect about 30 thousand bitcoins ($ 16 million based on the market rate at the time of collection). On the first day, the platform managed to attract $ 2 million.
On September 27, 2016, Forbes magazine published an article entitled “New Wave: Startup Waves will help to hold an IPO on the blockchain” on the principles of the functioning of the blockchain technology, features of the Waves platform, and its development prospects. On February 15, 2017, Forbes was interviewed by the founder of the Waves, Alexander Ivanov.
On March 2, 2017, Waves and the Party of Growth announced the opening of the “People of Growth” joint blockchain project. To implement the project, a special token was created, which is the financial main platform - Upcoming. The Waves infrastructure in the framework of the People's Growth project provides for the introduction of a rating system, the launch of a crowdfunding program, and the conduct of internal party voting on the blockchain.
March 25, 2017, the Waves platform introduced the possibility of buying bitcoins using ordinary bank cards. Implementation was achieved in connection with collaboration with Indacoin.
On March 29, 2017, the Waves platform announced the launch of the decentralized DEX exchange.
On March 30, the platform for stock trading Liquid.pro began recording applications for options on the Moscow Stock Exchange in the Waves blockchain.
On May 3, 2017, the users of the Waves Lite Client platform were able to provide the balance of their blockchain wallets for rent to full nodes, thus maintaining the security of the blockchain network and receiving remuneration from transaction fees.
On May 9, 2017, the Waves platform began operating in the Microsoft Azure cloud. A similar step was taken to organize the possibility of using Waves to implement various blockchain solutions around the world.
On May 23, the Waves platform announced the integration of the payment gateway into the Lite Client, which allows replenishing the account balance in the euro fiat currency. The gateway automatically converts euros into WEUR equivalent cryptographic tokens, which arrive at the decentralized exchange account.
On May 29, Gusto DiVino pizzeria began accepting Waves tokens as a means of payment.
On June 2, 2017, the founder and CEO of the Waves blockchain platform, Alexander Ivanov, was one of the speakers at the panel session of the St. Petersburg International Economic Forum “Blockchain - the birth of a new economy.”
On June 3, 2017, the Waves token, according to Coinmarketcap, entered the top 10 digital assets by market capitalization with a figure of $ 552.547 million.
On June 9, Boris Titov, authorized by the President of Russia for the rights of entrepreneurs, Chairman of the Growth Party, and the founder and CEO of the Waves blockchain platform, agreed to launch an ICO incubator on the Waves blockchain
On June 20, the Waves platform published news about the integration in the Lite Client of a dollar payment gateway, which provides wallet users with the opportunity to replenish their account in US dollars.
June 21, the Dutch restaurant RUIG drinks & bites, located in the city of Ede, began to accept Waves tokens as a means of payment.
Now in the cryptocurrency world there appear a lot of interesting financial instruments and the QUANTOCOIN project, including. These developments allow us to bring blockchain technology into our familiar world and make it so that we can use cryptocurrency every day.
Financial instruments like banks are undoubtedly needed by our cryptocurrency community so that we can freely use our coins every day. Could order goods on the Internet or buy products in the store. This is very important for the development of cryptocurrency in the world.
Also, projects such as QUANTOCOIN opens up a new type of banking business because they can be used without difficulty around the world.
In order to understand what this project is, I propose to watch a video presentation of QUANTOCOIN.
QUANTOCOIN
QUANTOCOIN is a unique banking platform built on blockchain waves. As I understand it, the platform is being developed for smartphones for usability. The platform will have its own exchange where we can use Fiat QUANTOCOIN cryptocurrency and other coins for our needs.
Also, developers say that the platform can be used in everyday life as a classic bank to pay for goods and services.
QUANTOCOIN - not only for everyday use. It opens new horizons in banking. After all, reliable protection of bank data. Fast transactions and transfers. Low transfer fees. And much more.
QUANTOCOIN also speaks about the release of its own QTC cards, which is important. After all, with our credit cards, we can use cryptocurrency anywhere. It is very good.
The project is aimed at the global market. The project has big plans for entering the world market. Here is an excerpt from the project documentation.
For investors.
For investors, such projects can be very interesting. ICO TIME 135 days 6 hours left. Judging by the project site, the project has already assembled a software package successfully. This is important for further development. Now Dec 12, 2018 - Dec 24, 2018, you can get a bonus of 20%. Price 1 QTC = $ 3.65. As ICO proceeds, the price of a coin will be raised to $ 7.31.
Documentation of the project is also performed at a height; the site contains four types of project documents. You can follow the link to the documents.
WHITE PAPERS | TERMS & CONDITIONS | COOKIE POLICY | AML & KYC POLICY
ICO
| Token | QTCt |
|---|---|
| Platform | Waves |
| Min. investment | 100 QTCt |
| Accepting | ETH, BTC, Waves |
| Distributed in ICO | 78% |
| Soft cap | 3000000 USD |
| MVP/Prototype | Available |
Conclusion
I love financial projects. They are necessary cryptocurrency community. Yes, and banking requires updating. The project looks good. I hope that soon we will be able to evaluate the performance of this system. Thanks for attention.
QuantoCoin
Website: https://www.quantocoin.io/
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/
Medium: https://medium.com/@Quantocoin
Reddit: https://www.reddit.com/user/Quantocoin/
ANN: https://www.altcoinstalks.com/index.php?topic=43345
Autor
Bitcointalk Username: anatolij.shishkin
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2280356
Wallet 3P9VpsYTo4nJPPX9qNWMhLsWkEceuh1oRn9
Interesting for sure but it is still a long road to take till that moment there are investors and people are able to pay with cryptocurrencies in most cases or QuantoCoin. I have doubts about the Crypto bank. By now I already do not see any difference with the present bank, at least if it comes to Holland/dutch people.
Posted using Partiko Android
I think many projects want to occupy this niche. In all countries there is a poetic attitude to cryptocurrency. This allows you to work freely in the banking sector in all regions.
Banking services niche is very relevant today.
That is solid piece of review @carbodexkim. Did you join some contest or did you came up with idea of writing about QUANTOCOIN?
it seem to me that you're big fan of Waves platform :)
ps.
I noticed that you're very responsive and supportive. So I decided to visit your profile and see what are you blogging about and show my little support.
I've learned right away that your RC level is very low. I guess you're engaging with people more than I expected. Well done :) Steemit indeed need more people like you.
Let me know if you would need some extra delegation? I will be happy to help with another 40 SP. It may not change much but surely it will allow you to drop few extra comments.
My goal is to support those who are engaging with others :)
Yours
Piotr
Hi! @crypto.piotr
If you have such a possibility, I would gladly accept this gift. After all, you know that everything depends on RC. I have to constantly monitor my RC level (
Thank you for supporting my work. Of course, if you have the opportunity to provide some more RC, I would be happy.
Dear @carbodexkim
I just managed to purchase some extra STEEM and powered up. So I will now delegate those SP and hopefully it will help you with engaging on platform :)
ps.
Im not sure if you completed any of my small quests (main purpose is to boost our little community):
:)
https://steemit.com/steemit/@crypto.piotr/boosting-crypto-community-engagement-on-steemit-plus-small-announcement-regarding-delegation-of-3400sp
Yours
Piotr
@crypto.piotr
I got a table with your delegates. And in the next few days, 40 delegates will receive help from you. I would like to ask you to send me your picture from the title page (blockhain ai crypto.piotr). I will consolidate it under my every article with a link to your blog. This will be my thanks for your support.
dear @carbodexkim
I don't think it's necessary. People will get fed up soon with my face :) There is to much of me here on Steemit lately already hehehe :)
Thank anyway. That's really kind of you
Piotr
Well thank you. See you soon on our beloved Steemit
1 quest already completed. The second is performed in the process. )
I think within a few days I will finish it too
Exchangers with rabid commissions will not be needed at all
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STOPCongratulations! This post has been upvoted from the communal account, @minnowsupport, by Carbodex from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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STOPThe project was interested in. Thanks to the author for work!