QLC Chain adopted in China for Mobile Communication Services
- Supporting discounted top-up for 1.4 billion Chinese mobile users
Why It is a big step for the blockchain adoption — QLC Chain is tapping into the trillion-dollar mobile communication services market in China by bringing the mobile payment activity to the blockchain. There are three mobile operators who have a total of 1.4 billion mobile subscribers in China. The three operators — China Mobile, China Unicom, China Telecom — in combined had 1.3 trillion-dollar revenue in 2018, 80%-90% mobile top-up is conducted through online payment. For blockchain, it can be used to improve the top-up discount redeem. It is a market of 20~40 billion.
Besides that, The communication record data, including his/her recharge activities, will be acknowledged as the individual’s digital asset. Digital asset definition is expanded to include the telecommunication records and other parallel forms due to the adoption of blockchain technology. Blockchain helps to authenticate the records and ownership, further to facilitate data trading. In the near future, individuals will be able to monetize their telecommunication activities via QLC Chain. The blockchain triggered data trading is reshaping the global finance industry with privacy protection.
How QLC Chain achieves this — In the latest version (V1.1.9 for iOS and V2.2.8 for Android) Q-Wallet has expanded the mobile top-up discount to mobile users from all provinces of China.
Visit QWallet website from
With Q-Wallet, smartphone subscribers can utilise QGas to enjoy a 5% off for China Mobile Guangdong subscribers, and a 2% discount for other users across China. All the users can earn extra QGas through referral invitation.
Another very important thing to highlight is that Q-Wallet is now supporting the issuance of QLC Chain-based communication expense receipts for bill management, QLC Chain can enhance the credibility and security of such receipts. In other words, the top-up service will generate the data asset for users automatically on the blockchain, thus solving the widespread issue of receipt forgery and reimbursement scams.
When a user successfully recharges a mobile plan with Q-Wallet, a blockchain digital receipt containing the blockchain transaction is automatically generated.
By accomplishing this, QLC Chain is gradually moving Chinese giants’ trillions of RMB in communication resources as on-chain assets. Transaction records will be happening on the blockchain and be protected by the distributed structure in the form of QLC Chain’s native token transfer.
QLC holders will benefit from this blockchain-based operation, especially in the upcoming 5G era. QLC holders can get free QGas by staking QLC.
To give the App an adoption boost, QLC Chain team is giving away rewards to users. Each user will be entitled to 1500 QLC loan for a 1-year period of staking. Successful referrals will be rewarded with an additional 2 QGas each.
The team is planning on more exciting reward schemes for users that help to further facilitate adoption.
Separately, on Oct 23rd, QLC Chain will host the AMA on Reddit.
Ask, tweet and win QLC
The team will be choosing 5 random questions asked during the AMA to receive 1000 QLC each.
During the AMA, we also invite everyone to tweet about any highlights mentioned in the AMA they feel most excited about and tag @QLCchain in their tweets. The team will then choose 10 tweets which will receive 1000 QLC each.
