QLC Chain Bi-Weekly Report — #016

QLC Team
QLC Team
Nov 21, 2018 · 3 min read

GLOBAL SMS BILLING AND CLEARANCE

THE NEXT GENERATION PUBLIC BLOCKCHAIN FOR DECENTRALIZED NETWORK-AS-A-SERVICE (NaaS)

PUBLIC CHAIN DEVELOPMENT — Multidimensional Block Lattice

Our Multidimensional Block Lattice Structure TestNet was launched on October 10th. Wallet and Explorer received positive feedback from QLC holders! The development of Mainnet continues.

Completed (November 3 — 18)

Ledger

  • Business interface implementation and testing

P2P

  • Node data synchronization implemented
  • Message, event registration interface implemented

Virtual Machine

  • VM complex structure read and write interface completion
  • VM generic API interface completion (in progress, target to complete by Nov 23)

To be implemented (November 19 — 30)

  • P2P and Ledger joint adjustment
  • Wallet business interface
  • DPoS consensus and multi-signature implementation
  • Smart contract interface definition and implementation

Interested in experiencing our Multidimensional Block Lattice Structure? Message us on our Telegram or leave your questions suggestions on our new subreddit r/QLCChain.

VPN ROUTER DEVELOPMENT — Monetize Your Bandwidth

Completed (November 3 — 18)

  • The VPN Server Router completes the basic function migration, including the VPN Server setup and access to the WinQ p2p network.

To be implemented (November 19 — 30)

  • Bandwidth sharing dApp and Server Router joint debugging.

QLC Chain Helps Montnets Group on 2 Billion Global SMS Billing and Clearance

In a digital age where applications such as WhatsApp, WeChat, and Facebook Messenger are overwhelmingly used for communications, to some, SMS messaging may be considered obsolete. Despite the growth in applications, SMS remains a primary form of communication as it has a proven efficiency, reaching users with a 90 percent read rate in minutes. With regards to timeliness of delivery, SMS maintains the highest engagement rate when compared to email and over-the-top (OTT) apps.

However, the transparency and trustworthiness of agreements made between service providers, telcos, and other related parties have been core pain points of the global SMS business model. Additionally, another pain point for global or domestic service is a credible end-to-end SMS service quality SLA test.

QLC Chain uses its unique Multidimensional Block Lattice structure to support frequent transactions and various functions in the network industry, global SMS business, and to incorporate the SPs onto the blockchain. The platform has the capability to help SPs including Montnets Group to settle over 2 billion SMS annually, saving third party cost, manpower costs for repetitively connection as well as improving transparency for the global market.

Read how QLC use Multidimensional Block Lattice to build the platform here:

About QLC Chain
QLC Chain is the next generation public Blockchain for decentralized Network-as-a-Service(NaaS). The QLC Chain and supporting ecosystem will enable any individual, business or organization to leverage their network resources to instantly become a service provider or network operator. The mission is to bring people online through a simpler, more pleasant, and more secure way with full transparency.

It deploys a multidimensional Block Lattice architecture and uses virtual machines (VM) to manage and support integrated Smart Contract functionality. Additionally, QLC Chain utilizes dual consensus: Delegated Proof of Stake (DPoS) and Shannon Consensus, which is a novel consensus developed by the QLC Chain team. Through the use of this dual consensus protocol and multidimensional Block Lattice architecture, QLC Chain is able to perform a high number of transactions per second (TPS), provide massive scalability and an inherently decentralized environment for NaaS related applications (dApp).

Please visit the website for more information https://qlcchain.org/

QLC Chain

QLC Chain is the Next Generation Public Chain for Decentralized Network-as-a-Service. QLC Chain’s mission is to create a secure and trusted environment for telecom services and to narrow down the global digital divide by leveraging Distributed Ledger Technology (DTL).

QLC Team

Written by

QLC Team

The first public Chain for decentralized Network-as-a-Service! Visit our website at https://qlcchain.org/ Twitter @QLCchain

QLC Chain

QLC Chain

QLC Chain is the Next Generation Public Chain for Decentralized Network-as-a-Service. QLC Chain’s mission is to create a secure and trusted environment for telecom services and to narrow down the global digital divide by leveraging Distributed Ledger Technology (DTL).