Review on QLC Chain by Fanuel PORPORTY

Name: QLC Chain
Item: QLC Chain
Rating: 4

March 28, 2020

QLC Chain: Platform for a Decentralized Network-as-a-Service

Qlink is building a platform for distributed telecommunications. Rather than receiving your phone service from a wireless service provider, Qlink imagines a system where you buy connections from your peers. This could mean renting someone’s wifi, receiving a signal from a base station in someone’s house, or selling your unused data from your wireless service provider to other users. The project is based in China and built on the NEO blockchain.
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Qlink aims to solve the installation cost problems faced by telecommunications providers by decentralizing the telecommunications and connectivity market. The idea behind Qlink is that anyone can operate a small base station from their home that provides cellular service to the surrounding area. When a Qlink user uses the base station to log in, a small portion of their payment goes to the base station operator.
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In addition, anyone can offer their wifi connectivity on the platform. A user could pay for a time-limited access to your wifi, and Qlink's smart contracts would manage connectivity and payment. Besides, you could sell access to any of your telecommunications services. One of the use cases that Qlink offers is to sell your unused SMS to companies so that they can send SMS to their customers. The platform also integrates advertisers who can pay to add their content to the Qlink network. When a consumer views this content, he charges the advertiser rather than the consumer for the data he used.
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Pros

Opportunities to earn money: Each depends on the supply and demand of other Qlink users in your region, namely The first is wifi sharing, and this functionality is currently in test mode. Basically, you can rent your wifi to other users in exchange for QLC. Register your wifi on the app, and smart contracts do the rest. They will manage the connections and make sure you get paid. You can set limits on the number of users and the duration of access to your wifi.
The QLC token is a NEP-5 standard token based on NEO. It will constitute the method of payment for market transactions. Transactions using QLC will execute immediately on the blockchain.
Qlink is from a team of senior software developers based in China.

Cons