QuickX- Gateway to Smooth Crypto PaymentsteemCreated with Sketch.

in ecommerce •  6 years ago 

Project Overview

Indeed information is power and if you really want be the relevant in any place of the society, and any other field, then you need information to stand out and be steps ahead of others. So many people have lost millions of money investing in the cryptocurrency simply because they good information of the projects they invested in. It's worthy to note that crypto investments which are online investments based on the blockchain technology are very much profitable, but without the proper knowledge, things can go the other way round. After a thorough study on the issues bothering the exchange markets today, and going through the materials of most exchange platforms, we very confident to present to you one of cryptocurenccy finest Payment project- QuickX

QuickX is a platform has come to bring revolution in payment and e-commerce system. QuickX has come to bring the needed change in the crypto world and also in the traditional means of transactions. QuickX brings you that expected future payment system that offers a payment gateway for merchants that can be used to accept customer payments in cryptocurrencies instantaneously, similar to other online payment gateways. This enables merchants to expand their reach with new customers who are willing to make purchases with their cryptocurrencies. Here, you can do your cashless payment as quick as conceivable not considering the time and area even without being charged for your exchanges.

Cryptocurrencies can be defined as Native Tokens, which are intrinsic to a blockchain and utilized for validations (e.g. bitcoin), and Non-Native Tokens, which are engendered on top of a programmable blockchain such as Ethereum, and utilized for multiple purposes. The cryptocurrency craze reached its most recent peak in 2017. Together with their magnification in popularity and interest, cryptocurrencies and blockchain technology are being applied to different industries, ranging from finance, to gaming, wagering, supply chain, manufacturing, trade, commerce and more.

Nowadays, banks like Norway’s largest bank, Skandiabanken, have begun implementing its plans to let customers view their Bitcoin balance in their bank accounts (Peres). This example demonstrates the fact that banks are trying to adapt to the inevitable change currently being influenced by the blockchain.

Despite the advancement of technology in most financial institutions in today’s world with mindset of removing the prevailing barriers in the payment/transaction system, lot of issue affecting the system is unfortunately still yet unsolved. The upgrade of these financial institutions to the use of payment tools like, credit cards, online transfer system still have not given an efficient and convincing answer to the question of insecurity of the systems and time management, completing a single transaction takes very long –say 1to 3 days. Moreover, there are still high transaction fees attached to these tools.

Recently, following the advancement of technology in everyday life, wide and smart thinking experts came up with Cryptocurrency technology-blockchain. Although having received applauds for suggesting solutions to some of the above issues, but it still yet has not given the needed answer to the problems. Some of these cryptocurrencies has the solution, but it only temporary because they don’t have what it takes to sustain their successes; meanwhile, the issue of high transaction fees is still not settled with them, For instance, current Bitcoin fees per transaction range from USD 20 to USD 30 while Ethereum fees per transaction range from USD 2 to USD 3. Although decentralization is a key blockchain concept that results in many benefits such as removal of intermediaries, permanence, security, and transparency, but it comes at the expense of scalability. Most blockchain protocols have a limited block size, and take a certain amount of time to generate a block. For instance, Bitcoin blockchain takes an average of 10 minutes before a transaction receives a network confirmation. Ethereum takes 10 to 19 seconds.

By Introducing the QuickX, which in summary, is an innovative, decentralized platform that is intended to provide efficacious solutions to some critical quandaries with blockchain technology. These include time, cost, scalability, and cross-transfer of blockchain assets, while making cryptocurrencies congruous for mass adoption in day-to-day transactions, at the same time providing solutions to enterprises. QuickX is the primary organization on the planet whose mission is to consolidate the advantages of the E-Commerce and Payment enterprises; features a multicurrency wallet, a multicurrency debit card, a cryptocurrency swap option, and a payment gateway utilizing the QuickX Protocol. QuickX will solve the above challenges by doing the transactions off the chain for same crypto assets and having pooling facilitators who are providing liquidity for cross-chain transfer of crypto assets. Additionally, transaction facilitators maintain the off-chain order book, and charge negligible fees for maintaining these records unlike what we have in most blockchain-predicated networks. QuickX provides more system components, such as debit cards, which provide direct accessibility of funds from the wallet, and pooling facilitators, which can work both off-chain and on-chain.

Advantages of QuickX Payment platform

· Thousands of transactions per second, with no requirement of confirmation;

· Very low commissions, which will allow micro-payments;

· Instant payments, as users do not have to wait for the miners to confirm;

· The ability to swap/exchange cryptocurrencies instantaneously

· Cashback loyalty program

· Zero Card Issuance Fees

Token/Crowdsale Details

QuickX will issue an Ethereum ERC-20 token in order to raise funds for the development of QuickX platform. The token is to be listed for trading on all major exchanges soon after the Token Sale.

SYMBOL. . . QCX.

MAXIMUM SUPPLY 250,000,000 QCX.

TYPE. . . . ERC20

PUBLIC SALE PRICE 1 ETH = 7500 QCX.

ACCEPTABLE CURRENCIES ETH

SOFT CAP ETH 4,000 ETH

HARD CAP ETH 34,700 ETH

The QCX token can be used as the fuel for every transaction done using the QuickX platform, whether it is off-chain transactions within a blockchain, or cross-chain transactions using pooling facilitators .All transactions that take place on the QuickX platform need QCX to be paid as transaction facilitation fees.

Roadmap

From the look of things here, it’s clear that QuickX Team has a great concept and it is worth partnering with.

Conclusion

QuickX platform is initiated and backed with professionals with unquestionable wealth of experiences. Our team believes in the disruptive power of technology and understands that most existing cryptocurrencies are great for techies but complex for common users; as such, brings strength and credibility to the project. So with them on the QuickX project wheel, you can be rest assured that your investment is in the right platform.

For more information about the project, please visit any of the channels below;

Website: http://www.quickx.io/

Whitepaper: https://www.quickx.io/whitepaper/QuickXProtocolv1.7.pdf

Telegram: https://t.me/quickxprotocol

BTT Thread: https://bitcointalk.org/index.php?topic=3656624.0

Twitter: https://twitter.com/Quickxprotocol

Author: Godinma11

Twitter: https://twitter.com/Prinox2

Facebook: https://www.facebook.com/Prinox1

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1771048

ETH: 0xe371A2Ccf8d37b4F5dE1B71999FC937b03b07aE9
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