Qlink is the world’s first decentralized mobile network
In the past two decades, we witnessed the glorious achievements that telecommunication technology developments have brought to the modern society. You may not notice, however, the truth is that the apps sitting your mobile devices are all depending on connectivity.
There are a lot of the innovative new business models emerged based on internet connectivity or mobile network. As those businesses expand rapidly, they require faster and broader connectivity worldwide. With more than a decade experience in telecom industry, our team deeply understand the challenges the industry is facing at the moment — cyber security threats, coverage and speed challenges, OTT challenges, as well as decreasing ROIs. Undeniably, connectivity is one of the core competitiveness among economics, we believe the breakthrough of telecom industry lies in the cross road between telecom and Blockchain. Therefore, we decided to build Qlink, a decentralized mobile network aiming to underpin as many telecom businesses and services as possible on blockchain. In addition, we aspire to set protocols for decentralized communication, which will start from below use cases:
- WiFi sharing: WiFi sharing platform is one of the fastest growing businesses. As it helps to take full advantage of existing network infrastructure, WiFi sharing boost telecommunication industry by giving more people flexible access to the Internet. It collects the WiFi login details from public facilities, enterprises, small businesses, and even individuals, then shares them with users. The entity that shares their WiFi may have extra bandwidth, however, it also brings concerns over network security. More importantly, what are the incentives for the parties to start sharing their WiFi? In addition, many WiFi hotspots malfunctioned due to multiple times of password changing. As a result, sharers boycotted, security concerns raised. Qlink is building a P2P WiFi sharing platform, allowing sharers to register their WiFi connection as a type of digital asset, which users shall purchase with Qlink tokens — QLC. Blockchain technology by nature ensures the security and verifies every deal, at the same time, completes the clearing process.
- Customized data package: Have you ever questioning why even after you paid for your Netflix subscriptions, mobile network operators still charge you data fees when you watching it on your mobile devices? Why can’t your data package include designated content? For large content delivery providers such as Netflix, placing secured content closer to users via Qlink will let creators upload content and transfer it ‘similarly to Bitcoin’ — approved transaction. Qlink serves as an open marketplace for content, users could manage and resell data converted content to whomever have acquired rights. Therefore, mobile operators are enabled to release their service potential to various industries, most prominently, content providers.
- IoT billing: As the age of Internet of Everything age is around the corner, mobile network bears more responsibilities to explore the boundaries the smart living lifestyle. Meanwhile, the data generated during IoT devices functioning is also expected to be immense. Qlink empowers IoT providers to package their services on networks, and to streamline users data consumption.
Mobile data registered on blockchain can be converted into different formats according to the using scenarios, for example 4K video, IoT, VR, etc, which enables mobile data subdivision, fragmented ownership and secured transformation. We are excitingly looking forward to seeing services flourishing on Qlink in the near future. It will bring users the ultimate security, and the most cost-effective mobile data solutions.