QLC Chain Coin is the native cryptocurrency of QLC Chain, a next-generation public blockchain for Network-as-a-Service (NaaS). QLC is characterized as a right of use related to the measurement of network capacity, while QGAS is described as a supplementary fuel for symmetric behavior of information operations such as sending/receiving, encryption/decryption, and uploading/downloading.
What is QLC Chain (QLC)?
QLC Chain (QLC) is a project aimed at solving data trust and security issues in the communications industry and creating a public chain for the Network-as-a-Service (NaaS) platform. QLC Chain supports each account having its own ledger chain, integrated with telecom service capabilities, referred to as a multi-dimensional cross-block structured ledger.
Additionally, QLC Chain’s mission is characterized as creating a secure and reliable environment for communication services, and leveraging Distributed Ledger Technology to narrow the digital divide, enabling everyone to benefit from and operate network services.
The platform summarizes the advantages provided by QLC Chain in four points:
- Technological advantage: Highly scalable platform, telecom ledger privacy protection, split ledger to reduce storage requirements.
- Technological innovation: Reliable DLT architecture with provided security, multi-dimensional Block Lattice architecture, and the use of virtual machines to manage and support smart contracts.
- Business concept: QLC tokenizes network resources and telecom services, including billing, identity, addressing, storage, security, and payment, enabling everyone to operate network services and earn from it.
- Business Advantage: Opportunity to work with one of China’s largest Cloud Communication providers and the option to work with hundreds of corporate customers using the newly launched Global SMS Billing platform.
In addition, QLC Chain has a wallet. The wallet supports both the NEP-5 protocol QLC and the QLC Chain native token QGas. It is available as a website or desktop version. Another wallet, named QWallet, supports NEO, QLC, ETH, EOS, and the QLC Chain native token QGas simultaneously. QWallet has Android and iOS versions.
QLC Coin Commentary
Investors who believe QLC Coin is promising approach QLC Chain Coin from a different perspective. Looking at QLC Coin comments, investors think the token has a long way to go. However, this is not considered negative. It appears to be seen more as a long-term investment.
In addition, the long-standing presence of QLC coin in the market is also considered a confidence-inspiring feature.
To understand why investors think long-term about QLC coin, it would be useful to look at current and historical figures.
According to CoinMarketCap data, QLC Chain Coin is ranked 52nd in terms of market capitalization with $4,185,371. Additionally, at the time of writing, QLC Coin is trading at $0.0174, with a 24-hour trading volume of $265,042 USD. Furthermore, QLC Chain (QLC) hit its all-time low of $0.0048 on March 13, 2020, known as “Black Thursday,” and its all-time high of $1.28 on January 9, 2018.
Additionally, there are currently 240,000,000 QLC Chain in circulation, and it is stated that the total supply of QLC Chain Coin will be 600,000,000 RSR.
How to Buy QLC Chain Coin?
QLC Coin can be purchased via Binance, the world’s largest cryptocurrency exchange by trading volume. It is worth mentioning that QLC Chain Coin is currently available on Binance in BTC/QLC and ETH/QLC trading pairs.
The trading volume of QLC coin’s Bitcoin pair on Binance is seen to be $191,597.
