Binance, one of the biggest cryptocurrency exchanges announced its partnership with Qlink, a decentralized mobile network. End of March the exchange undertook a listing of QLC token and added the trading...
Binance, one of the biggest cryptocurrency exchanges announced its partnership with Qlink, a decentralized mobile network. End of March the exchange undertook a listing of QLC token and added the trading couple QLC/BNB. From its side Qlink is integrating Binance token (BNB) into the decentralized application Qlink dApp supposed for common use of mobile networks and will be listed on Google PLay very soon.
Till end of 2018 Qlink plans to finalize the development of the decentralized mobile protocol that will work above blockchain. The companies plan to extend their partnership in the future and probably will create a cross-platform software for QLC Chain and Binance Chain. The exchange has recently announced the creation of a common blockchain.
The goal of Qlink is to build a mobile network on blockchain with all its participants benefiting from the use. The dApp application supports the registration of users with the help of a blockchain and allows individuals and small businesses to provide Wi-Fi access services. The application has built-in useful functions like VPN, which ensure the safety of communication and free access to information. The project is supported by the non-profit fund called Qlink, registered in Singapore.
Cooperation with Binance will allow Qlink to continue development with even greater pace. Binance outgrew the exchange into a whole cryptocurrency ecosystem with its own token and blockchain and is leading not only in terms of the number of users and assets, but also in terms of speed making more than 1.4 million operations per second. Due to a sharp increase in popularity the exchange suspended registration of new users at the end of 2017 in order to improve the infrastructure.
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