QLC Chain Bi-Weekly Report — #038

Q-Wallet registered users mount up to over 3100, QLC staking amount exceeds 75 million

Montnets Group and QLC Chain will launch the blockchain-based anti-fraud product with joint efforts

On Oct 28th, Montnets Group announced that it is launching its blockchain-based product”, the original piece can be found via

https://m.hexun.com/news/2019-11-04/199121925.html?from=singlemessage

Teaming up with the QLC Chain team, Montnets’ blockchain-based anti-fraud products have been continuously tested and will be officially launched soon that may eliminate the telecom frauds as such.

Starting from Q-Wallet, the products are now under test on the QLC chain, the front and back ends are completely open sourced. All customers and enterprise clients can review and encrypt their data locally. Users can download the wallet beata version and get the Montnets blockchain credits for free or by making fraud SMS and phone calls annotations. The credits can be used to redeem the mobile top-up discount coupon which forms a closed-loop ecosystem.

Plenty of highlight updates on Q-Wallet

Product updates

1. New height hit: Q-Wallet registered users mount up to over 3100
2. Improved OTC operation that supports one-click to trade.

Q-Wallet, as an open communication resources marketplace now accepts multiple crypto tokens for mobile top-up for all Chinese mobile operators.

Q-Wallet users now enjoy 3 benefits from 3 dimensions:

1. Up to 5% off discount for mobile top-up.

2. Referral rewards of 2 QGas/successful referral

3. Free lending 1500 QLC for staking are available in Q-Wallet, with the QGas earnings accumulate on a daily basis.

Q-Wallet users can also generate their blockchain-based receipt with the mobile plan recharge bill recorded onto the blockchain.

QLC staking amount exceeds 75 million

Total QLC staking amount exceeds 75 million. A big thank you to all QLC long-time supporters!

QLC team recent activities

Lead developer Chris Zhao introduced the IoT softsim at Electronicasia,

Chris also had an interview with Technode, the interview was published on the technode website discussing about how QLC Chain builds up trust in the telecom industrial utilising blockchain technology.

QLC Reddit AMA on Q4, Roadmap 2019

Following the recent release of QLC Chain roadmap for Q4, 2019 and 2020, a Reddit AMA was held on Oct 23rd. Allen Li, chief architect of QLC Chain addressed all the questions in the Reddit thread, a pool of QLC rewards was set aside for the participants.

some of the asked and concerned questions within QLC community.

Full thread of the Q&A in the Reddit

https://www.reddit.com/r/QLCChain/comments/djkb21/qlc_chain_reddit_ama_following_the_latest_roadmap/

AMA on introducing Q-Wallet to the Cybex’s community

Allen’s AMA with Cybex China’s community disclosed how QLC builds up a global communication resource trading platform, taking Q-Wallet as an example. Read more of the product updates via https://medium.com/qlc-chain/qlc-x-cybex-ama-recap-ef1a8f5c44c2

PUBLIC CHAIN DEVELOPMENT — Multidimensional Block Lattice

Completed (Oct 11th — Oct 25th)

• Released Version 1.3
• Q4 WBS

Ongoing (Oct 28th — Nov 8th)

• Refactor airdrop contract base on new contract interface
• Read genesis account from config
• Prepare for automated integration testing
• Fix all golang-lint warning and error
• Prepare for the second phase of (P2P/Consensus) optimization

Next Step（Nov 11th — Nov 25th)

• Automated integration testing
• More metrics, eg. PoV power
• Optimize performance

Confidant Development

Completed (Oct 11th — Oct 25th)

• Development of the major protocols of Confidant PC client

Ongoing (Oct 28th — Nov 8th)

• Development of the Email module of Confidant PC client
• To work on the authentication of Oauth 2.0 to integrate Gmail enterprise email,
• Test and debug the Oauth 2.0 authentication related ports.

Next Step （Nov 11th — Nov 25th)

• To further improve the using experience with email of Confidant PC client.

Q-Wallet Development

Completed(Oct 11th — Oct 25th)

• Developed a referral rewards system and in-app QLC lending for staking function.

Ongoing (Oct 28th — Nov 8th)

• Add OKB as top-up coupon in the top-up module.

Next Step （Nov 11th — Nov 25th)

• To further simplify the using experience with OTC module from the selling and buying orders’ sides.
• To support in-app staking OKB and other tokens

Dossier of reading to understand QLC Chain mainnet

• QLC Chain Strengthens First Telecom Public Chain Development with 5G Approaching
• QLC Chain Can Help Carriers to Build a SWIFT-like Network Based on Direct Carrier Billing
• Understand GO-QLC token economy and how to benefit from it
• Understand GO-QLC dual consensus and how to benefit from it
• QLC Chain mainnet launches with telecom service capabilities before 5G coming, and signs $2 million USD sales MOU for communication service deployment on QLC Chain
• A step-by-step guide for Staking QLC and Earning Q-Gas

About QLC Chain

QLC Chain is to resolve the data trust and security problem in the communication industry, and aim to build a public chain for Network-as-a-Service (NaaS) platform.

From ledger structure perspective: QLC Chain supports each account to have its own chain of ledger integrated with telecom service capabilities, named the multi-dimensional block-lattice structured ledger.

From an adoption scenario perspective: QLC Chain’s mission is to create a secure and trusted environment for communication services and to narrow down the digital divide by leveraging Distributed Ledger Technology, enabling everyone to operate and benefit from network services.

Learn more about QLC Chain https://qlcchain.org/