Quantocoin has developed a next-gen model for the future of digital banking. This model uses Blockchain technology along with smartphones, as new kind of bio-id system which will be used to ensure secure accounts for each user. This is a project to develop the future of the crypto-ﬁnancial world. Its primary goal is to integrate and connect QTC into the traditional ﬁnancial world and to create a single gateway through QTC platform for users, traders and investors with a whole range of services.
Quantocoin has developed a next-generation model for the future of financial services and digital banking. This model uses Blockchain technology along with smartphones, as well as a new kind of bio-identification system which will be used to ensure safe and secure accounts for each user. This is a project to develop the future of the crypto-financial world. Its primary goal is to integrate and connect QTC into the traditional financial world and to create a single gateway through QTC platform for users, traders, investors and financial institutions with a whole range of add-on services.
QTC has several functions such as; to buy, pay and to sell services and items online, exchange with FIAT currency, and allow investments. You can also use the option of international transfers (remittances) along with lending (microfinance), loyalty programs, etc. All these services are connected to the one point; QTC platform, making them more secure and transparent than currently existing cryptocurrency platforms. The problem with many of these blockchain offerings is that they offer individualized or complementary services, but not the entire package. We aim to provide the unique feature of free anonymous transfers, while still being able to maintain transparency of both; the company and project itself.
We plan to extend this project to every part of the world, especially to less developed and unbanked regions. We aim to provide extreme speed, reliability, and efficiency at a low-cost to let those that have no access to bank services use the QTC platform alongside a mobile application to help make their lives more comfortable and to contribute to the expansion of the digital banking. This is a very lucrative industry having more than 2.0 billion people who live in regions that provide them with limited or no access to bank services, while others cannot access these services due to lack of identification documents or high fees for the bank account and strict restrictions. We, therefore, consider this part of the population along with others, our potential clients.
QTC could potentially bring people out of poverty, as it will give them access to financial and banking tools. These tools will provide them with immediate liquidity and currency functionality better than the traditional banking system. We will bring these services to the unbanked regions which will allow the people to invest, buy, pay and sell items and services. We believe QTC will be vital to improving the economy of these regions.