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Qi Blockchain DocsFAQTerms of Service Ecosystem THE ONLY BLOCKCHAIN THE WORLD WILL EVER NEED Qi Blockchain is positioned for Web 3.0, Metaverse, low transaction NFT`s, Defi and everything the future holds. Explainer VideoWhite Paper Scalable and Developer Friendly Secure, Fast Eco-friendly Decentralised Low transaction fees Easy Built decentralised Apps QIE PRICE LIVE DATA QI Blockchain QIE $0.0126 +0.19% Buy Now Data from coinmarketcap.com 1D 7D 1M 3M 1Y 0.022 0.021 0.020 0.019 0.018 Data from coinmarketcap.com Buy on p2pb2b, digifinex, bitmart, xt.com Qi Blockchain Explorer Developer Resources QIE Mobile Wallet WHY QIE ? Qi is a decentralised POW (Proof of work) blockchain with an application native currency which is leveraging functionality of creating fungible and non-fungible assets using Remote Procedure call (RPC) methods. Qi blockchain with QIE cryptocurrency is designed for Finance categorised with low transaction fees and realtime execution Explainer Video Bitcoin Ethereum Ripple QIE Decentralised Scalability Secure Speed 4.6tps 10% 20tps 20% 1000tps 50% 2000tps 100% Transaction fees High High Low Low Storage DLT DLT DLT DLT Consensus POW POW->POS RPCA POW Application layer Environment friendly QIE IS ABLE TO HANDLE 10 TIMES MORE TRANSACTIONS THAN SWIFT QIE 2000tps 100% Ripple 1000tps 50% Ethereum 20tps 10% Bitcoin 4.6tps 5% Qi enables the deployment of smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party. Decentralized applications—also known as "dApps" or "dapps"—are digital applications that run on a blockchain network of computers instead of relying on a single computer. Benefits of dApps include the safeguarding of user privacy, the lack of censorship, and the flexibility of development. The use of blockchain enables a dApp to process data through distributed networks and to execute transactions. Qi can be used for a wide variety of innovative applications in finance, web browsing, gaming, advertising, de-fi, identity management, web 3.0, metaverse and supply chain management all over the world. Explore Dapps UTILIZE QI BLOCKCHAIN TECHNOLOGY Qi proposed to utilize blockchain technology not only for maintaining a decentralized payment network but also for storing computer code that can be used to power tamper-proof decentralized financial contracts and applications. Blockchain helps in the verification and traceability of multi-step transactions needing verification and traceability. It can provide secure transactions, reduce compliance costs, and speed up data transfer processing. Blockchain technology can help contract management and audit the origin of a product. If your goal is to provide the highest security level of data/transactions. A shared database is required. There is no trust between future network participants (employees, organizations, customers) news videos 12 Apr 2022 Citi Predicts 5 Billion Users Citi released a new Global Perspectives & Solutions (Citi GPS) report titled “Metaverse and Money: Decrypting the Future” Thursday. The leading global bank has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. The 184-page report explores various aspects of the metaverse in-depth. They include what a metaverse is; its infrastructure; digital assets including non-fungible tokens (NFTs) in the metaverse; money and defi (decentralized finance) in the metaverse; and regulatory developments applicable to the metaverse. Regarding the size of the metaverse economy, Citi described: “We believe the metaverse may be the next generation of the internet — combining the physical and digital world in a persistent and immersive manner — and not purely a virtual reality world.” 12 Apr 2022 4 ways we could actually use NFTs It`s hard to escape reading about NFTs nowadays. If you need a quick refresh, NFTs are digital tokens stored on the blockchain signaling your ownership in something, like a piece of artwork. We typically read about them in association with the so-called Bored Ape Yacht Club whose sales have surpassed $1 billion, or record-setting art auctions, or how celebrities are jumping on the NFT and Web3 bandwagon. But there could actually be some practical uses for them. 28 Jun 2023 QIE Wallet: The wallet of the future beyond banking Qi blockchain launches a futuristic wallet that is suitable for everyones needs. The traditional baking systems are fragile, and even though significant upgrades have boosted performance, enhanced security, and ensured seamless user experience, things are far from perfect. And the fall of Credit Suisse, a leading personal banking solution, further validates this. Besides, account breaches in the recent past have been at an all-time high, with users facing the maximum brunt. In the ever-changing landscape, there must be a solution that caters to the needs of users across the globe, even those without access to the right resources or living in remote parts. And this is where the Qie Wallet comes into the picture. We hope that one day every kid's first bank account will be a QIE Wallet. 15 Jun 2023 VortX Capital to provide domains to banks and business as an extra security layer to IBAN/SWIFT Think of sending a letter to a friend far away You need to write their address correctly on the envelope to make sure the letter reaches them. However, sometimes hackers can try to change the address on the envelope to divert the letter to a different place. This is where a decentralized top-level domain (TLD) can help! Banks use a system called SWIFT to identify and send money to the right place. (SWIFT has been hacked) A decentralized TLD acts as a digital seal, guaranteeing that the payment address is genuine and hasn't been tampered with. It's like a secret internet address that only the bank and the people they're sending money to know about which acts as extra security layer for IBAN/SWIFT. 01 Jun 2023 Qi blockchain aims to become the most efficient payment rail in the world Qi Blockchain announces to become the most efficient payment rail in the world. Imagine if every payment in the world was as fast, cheap, and global as sending an email. Banking has driven the world for finance for long, but there was a longstanding demand for a complete revamp to better serve the public, given the increased number of transactions and the average value for each. Simply put, banks can no longer offer the same service, and even if they could, it’s no match for the new-age technologies, particularly blockchain. Blockchain, though new, has captured the market and captivated millions with its enhanced reach, easy-to-use features, privacy, security, and user-centric approach. And it’s almost time blockchain will redefine banking, making it accessible to millions more worldwide. And Qi blockchain is leading on this front. 20 Apr 2023 Letter of credit on blockchain, cuts time by 90% Citi India has completed its first blockchain-enabled Letter .. Read more at: http://timesofindia.indiatimes.com/articleshow/99564353.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 01 Feb 2023 QIE Wallet for Web 3 banking The QIE wallet aims to promote financial inclusion and wealth creation. Unlike Metamask, the wallet address on Qi is relatively more straightforward, i.e., your chosen name followed by “.qie”. Besides, the QIE wallet can process a considerably large number of transactions, 2000 to be precise, which is much higher than both Ethereum and Bitcoin. 01 Feb 2023 The QI Blockchain ecosystem being the fastest growing blockchain ecosystem Among the revolutionary blockchain ecosystem that has recently found their way into the fast-emerging world of blockchain is Qi. Qi is a decentralized blockchain that incorporates Web 3.0, NFTs, De-Fi, Game-Fi, and every other blockchain-inclined tech. 20 Oct 2022 Pawsome 3D NFT Play to Earn Game launches on QI Blockchain The gaming industry is bigger than the music and film industries combined. Until the discovery of NFTs, users weren`t able to own their in-game items or trade them on a secondary market. Thus, any in-game purchases were of no value as soon as the player lost interest. NFTs have opened a whole new world of opportunities in gaming. Users can now re-sell their in-game items or rent them out to other players at a fee. And that’s what PAWSOME 3D, a newly released game, offers, along with a fun-filled gaming experience. 11 Oct 2022 QIE Mining Pools are Now Available on QI Blockchain QIE mining pools are now available on QI blockchain, a decentralised POW (Proof of work) blockchain. This move will allow users to mine QI blockchain’s native cryptocurrency called QIE in a similar way one could mine Bitcoin in 2011 to verify transactions on the network. Mining has always been a rewarding operation, and several miners have reportedly earned billions of dollars during the initial days of crypto mining. But, of late, rewards have been reduced considerably for most coins. Bitcoin, for instance, halves the rewards for mining blocks every four years. So, while miners earned 50 BTC in 2012, the rewards have reduced to 6.25 in 2022 and will further fall to 3.125 in 2024. That’s a considerable drop in earnings, and since the prices of mining rigs, their upkeep, and power have gone up, mining Bitcoin isn’t as appealing or profitable as it used to be. But all hope is not lost yet! There are other blockchains offering lucrative rewards, and QI Blockchain seems to be the preferred option amongst miners. 04 Oct 2022 HovR Launches as a Fee Sharing NFT Marketplace Alongside a New Gaming NFT Collection HovR, a project developed on the Qi blockchain, launched as a fee-sharing NFT marketplace alongside a new gaming NFT collection. Opensea had sales revenue of 5Bn USD for the month of January 2022 alone. What if the fee can be shared? Trading is exciting and profitable, but one cannot ignore the associated risks. The volatile crypto market has witnessed several ups and downs, and the recent market crash wiped off billions of USD. It led to many investors seeking options that provide a passive income and offer sustainability and long-term growth. The search ends with HovR, a platform that allows users to develop a Web 3.0 domain, generate NFTs that can be used both in games and the metaverse, and experiment with a wide range of assets that can be used as NFTs. 21 Jul 2022 The crown prince of Dubai says he has a "metaverse strategy" This week, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced a new “metaverse strategy” that he says will create 40,000 new virtual jobs and add $4 billion to the city’s GDP in five years, according to a Monday tweet. “The strategy emphasises fostering talent and investing in future capabilities by providing the necessary support in metaverse education aimed at developers, content creators and users of digital platforms in the metaverse community,” the United Arab Emirates’ official news agency, WAM, wrote in a statement. Details on how the strategy will be carried out are scant, but the pillars of the plan include fostering “metaverse innovation and economic contribution,” cultivating metaverse talent, and developing metaverse use cases and applications within the Dubai government, according to Sheikh Hamdan’s Monday tweet. It was not immediately clear how much the Dubai government would invest in supporting the strategy. 21 Jul 2022 The World`s First In-Game NFT Exchange HovR Officially Launched Vortx Capital Pty LTD, a software investment company with an investment mandate that focuses on actual revenue, zero hype, and real blockchain use cases, has announced the launch of HovR—the world's first in-gaming NFT exchange for cross-game items and player incentivization. Most of the existing NFT marketplaces require high transaction fees, some ranging from $80 to over $250, to mint an NFT. While a second-layer blockchain serves as a suitable alternative, converting coins is tedious and a technical nightmare for the average user. 08 Jul 2022 Blockchain’s biggest innovations are saving billions each year for the world’s largest companies You’ve come a long way, blockchain! Since our inaugural roundup of the Blockchain 50, published in 2019, the billion-dollar companies (minimum, by sales or market value) on our annual list have moved beyond test projects and now rely on “distributed ledger” technology to do serious work. A lot of the action is in the back office, verifying insurance claims or facilitating real estate deals. It has also become vital to supply chains, whether checking the provenance of conflict minerals like cobalt or tracking auto parts for Renault. Nearly half of the Blockchain 50 are based outside the United States; 14% are Chinese. New this year: venture capital firms, which as a group invested more than $32 billion in the sector in 2021. 12 Apr 2022 Building a Transparent Supply Chain Blockchain, the digital record-keeping technology behind Bitcoin and other cryptocurrency networks, is a potential game changer in the financial world. But another area where it holds great promise is supply chain management. Blockchain can greatly improve supply chains by enabling faster and more cost-efficient delivery of products, enhancing products’ traceability, improving coordination between partners, and aiding access to financing. To better understand this opportunity, we studied seven major U.S. corporations that are leaders in supply chain management and are trying to figure out how blockchain can help solve the challenges they face. These companies—Corning, Emerson, Hayward, IBM, Mastercard, and two others that wish to remain anonymous—operate in varied industries: manufacturing, retailing, technology, and financial services. 12 Apr 2022 What Is Blockchain? At its core, blockchain is a distributed digital ledger that stores data of any kind. A blockchain can record information about cryptocurrency transactions, NFT ownership or DeFi smart contracts. While any conventional database can store this sort of information, blockchain is unique in that it’s totally decentralized. Rather than being maintained in one location, by a centralized administrator—think of an Excel spreadsheet or a bank database—many identical copies of a blockchain database are held on multiple computers spread out across a network. These individual computers are referred to as nodes. 12 Apr 2022 De Beers Using Blockchain to Authenticate Diamonds De Beers, the diamond unit of Anglo American, is harnessing blockchain technology to keep track of every movement of a gem. Set to launch later this year, the new industry-wide blockchain aims to document the movement of diamonds and other gems from the time they are dug up from the ground. Although cryptocurrency is the most prominent application of blockchain technology at this point, it is but one of many. Increasingly, businesses of all types have looked to the emerging technology as a means of upgrading their models, adding security and documenting transactions. (See also: Is Apple Planning to Use Blockchain?) 12 Apr 2022 Citi Predicts 5 Billion Users Citi released a new Global Perspectives & Solutions (Citi GPS) report titled “Metaverse and Money: Decrypting the Future” Thursday. The leading global bank has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. The 184-page report explores various aspects of the metaverse in-depth. They include what a metaverse is; its infrastructure; digital assets including non-fungible tokens (NFTs) in the metaverse; money and defi (decentralized finance) in the metaverse; and regulatory developments applicable to the metaverse. Regarding the size of the metaverse economy, Citi described: “We believe the metaverse may be the next generation of the internet — combining the physical and digital world in a persistent and immersive manner — and not purely a virtual reality world.” 12 Apr 2022 4 ways we could actually use NFTs It`s hard to escape reading about NFTs nowadays. If you need a quick refresh, NFTs are digital tokens stored on the blockchain signaling your ownership in something, like a piece of artwork. We typically read about them in association with the so-called Bored Ape Yacht Club whose sales have surpassed $1 billion, or record-setting art auctions, or how celebrities are jumping on the NFT and Web3 bandwagon. But there could actually be some practical uses for them. 28 Jun 2023 QIE Wallet: The wallet of the future beyond banking Qi blockchain launches a futuristic wallet that is suitable for everyones needs. The traditional baking systems are fragile, and even though significant upgrades have boosted performance, enhanced security, and ensured seamless user experience, things are far from perfect. And the fall of Credit Suisse, a leading personal banking solution, further validates this. Besides, account breaches in the recent past have been at an all-time high, with users facing the maximum brunt. In the ever-changing landscape, there must be a solution that caters to the needs of users across the globe, even those without access to the right resources or living in remote parts. And this is where the Qie Wallet comes into the picture. We hope that one day every kid's first bank account will be a QIE Wallet. 15 Jun 2023 VortX Capital to provide domains to banks and business as an extra security layer to IBAN/SWIFT Think of sending a letter to a friend far away You need to write their address correctly on the envelope to make sure the letter reaches them. However, sometimes hackers can try to change the address on the envelope to divert the letter to a different place. This is where a decentralized top-level domain (TLD) can help! Banks use a system called SWIFT to identify and send money to the right place. (SWIFT has been hacked) A decentralized TLD acts as a digital seal, guaranteeing that the payment address is genuine and hasn't been tampered with. It's like a secret internet address that only the bank and the people they're sending money to know about which acts as extra security layer for IBAN/SWIFT. 01 Jun 2023 Qi blockchain aims to become the most efficient payment rail in the world Qi Blockchain announces to become the most efficient payment rail in the world. Imagine if every payment in the world was as fast, cheap, and global as sending an email. Banking has driven the world for finance for long, but there was a longstanding demand for a complete revamp to better serve the public, given the increased number of transactions and the average value for each. Simply put, banks can no longer offer the same service, and even if they could, it’s no match for the new-age technologies, particularly blockchain. Blockchain, though new, has captured the market and captivated millions with its enhanced reach, easy-to-use features, privacy, security, and user-centric approach. And it’s almost time blockchain will redefine banking, making it accessible to millions more worldwide. And Qi blockchain is leading on this front. 20 Apr 2023 Letter of credit on blockchain, cuts time by 90% Citi India has completed its first blockchain-enabled Letter .. Read more at: http://timesofindia.indiatimes.com/articleshow/99564353.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst 01 Feb 2023 QIE Wallet for Web 3 banking The QIE wallet aims to promote financial inclusion and wealth creation. Unlike Metamask, the wallet address on Qi is relatively more straightforward, i.e., your chosen name followed by “.qie”. Besides, the QIE wallet can process a considerably large number of transactions, 2000 to be precise, which is much higher than both Ethereum and Bitcoin. 01 Feb 2023 The QI Blockchain ecosystem being the fastest growing blockchain ecosystem Among the revolutionary blockchain ecosystem that has recently found their way into the fast-emerging world of blockchain is Qi. Qi is a decentralized blockchain that incorporates Web 3.0, NFTs, De-Fi, Game-Fi, and every other blockchain-inclined tech. 20 Oct 2022 Pawsome 3D NFT Play to Earn Game launches on QI Blockchain The gaming industry is bigger than the music and film industries combined. Until the discovery of NFTs, users weren`t able to own their in-game items or trade them on a secondary market. Thus, any in-game purchases were of no value as soon as the player lost interest. NFTs have opened a whole new world of opportunities in gaming. Users can now re-sell their in-game items or rent them out to other players at a fee. And that’s what PAWSOME 3D, a newly released game, offers, along with a fun-filled gaming experience. 11 Oct 2022 QIE Mining Pools are Now Available on QI Blockchain QIE mining pools are now available on QI blockchain, a decentralised POW (Proof of work) blockchain. This move will allow users to mine QI blockchain’s native cryptocurrency called QIE in a similar way one could mine Bitcoin in 2011 to verify transactions on the network. Mining has always been a rewarding operation, and several miners have reportedly earned billions of dollars during the initial days of crypto mining. But, of late, rewards have been reduced considerably for most coins. Bitcoin, for instance, halves the rewards for mining blocks every four years. So, while miners earned 50 BTC in 2012, the rewards have reduced to 6.25 in 2022 and will further fall to 3.125 in 2024. That’s a considerable drop in earnings, and since the prices of mining rigs, their upkeep, and power have gone up, mining Bitcoin isn’t as appealing or profitable as it used to be. But all hope is not lost yet! There are other blockchains offering lucrative rewards, and QI Blockchain seems to be the preferred option amongst miners. 04 Oct 2022 HovR Launches as a Fee Sharing NFT Marketplace Alongside a New Gaming NFT Collection HovR, a project developed on the Qi blockchain, launched as a fee-sharing NFT marketplace alongside a new gaming NFT collection. Opensea had sales revenue of 5Bn USD for the month of January 2022 alone. What if the fee can be shared? Trading is exciting and profitable, but one cannot ignore the associated risks. The volatile crypto market has witnessed several ups and downs, and the recent market crash wiped off billions of USD. It led to many investors seeking options that provide a passive income and offer sustainability and long-term growth. The search ends with HovR, a platform that allows users to develop a Web 3.0 domain, generate NFTs that can be used both in games and the metaverse, and experiment with a wide range of assets that can be used as NFTs. 21 Jul 2022 The crown prince of Dubai says he has a "metaverse strategy" This week, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced a new “metaverse strategy” that he says will create 40,000 new virtual jobs and add $4 billion to the city’s GDP in five years, according to a Monday tweet. “The strategy emphasises fostering talent and investing in future capabilities by providing the necessary support in metaverse education aimed at developers, content creators and users of digital platforms in the metaverse community,” the United Arab Emirates’ official news agency, WAM, wrote in a statement. Details on how the strategy will be carried out are scant, but the pillars of the plan include fostering “metaverse innovation and economic contribution,” cultivating metaverse talent, and developing metaverse use cases and applications within the Dubai government, according to Sheikh Hamdan’s Monday tweet. It was not immediately clear how much the Dubai government would invest in supporting the strategy. 21 Jul 2022 The World`s First In-Game NFT Exchange HovR Officially Launched Vortx Capital Pty LTD, a software investment company with an investment mandate that focuses on actual revenue, zero hype, and real blockchain use cases, has announced the launch of HovR—the world's first in-gaming NFT exchange for cross-game items and player incentivization. Most of the existing NFT marketplaces require high transaction fees, some ranging from $80 to over $250, to mint an NFT. While a second-layer blockchain serves as a suitable alternative, converting coins is tedious and a technical nightmare for the average user. 08 Jul 2022 Blockchain’s biggest innovations are saving billions each year for the world’s largest companies You’ve come a long way, blockchain! Since our inaugural roundup of the Blockchain 50, published in 2019, the billion-dollar companies (minimum, by sales or market value) on our annual list have moved beyond test projects and now rely on “distributed ledger” technology to do serious work. A lot of the action is in the back office, verifying insurance claims or facilitating real estate deals. It has also become vital to supply chains, whether checking the provenance of conflict minerals like cobalt or tracking auto parts for Renault. Nearly half of the Blockchain 50 are based outside the United States; 14% are Chinese. New this year: venture capital firms, which as a group invested more than $32 billion in the sector in 2021. 12 Apr 2022 Building a Transparent Supply Chain Blockchain, the digital record-keeping technology behind Bitcoin and other cryptocurrency networks, is a potential game changer in the financial world. But another area where it holds great promise is supply chain management. Blockchain can greatly improve supply chains by enabling faster and more cost-efficient delivery of products, enhancing products’ traceability, improving coordination between partners, and aiding access to financing. To better understand this opportunity, we studied seven major U.S. corporations that are leaders in supply chain management and are trying to figure out how blockchain can help solve the challenges they face. These companies—Corning, Emerson, Hayward, IBM, Mastercard, and two others that wish to remain anonymous—operate in varied industries: manufacturing, retailing, technology, and financial services. 12 Apr 2022 What Is Blockchain? At its core, blockchain is a distributed digital ledger that stores data of any kind. A blockchain can record information about cryptocurrency transactions, NFT ownership or DeFi smart contracts. While any conventional database can store this sort of information, blockchain is unique in that it’s totally decentralized. Rather than being maintained in one location, by a centralized administrator—think of an Excel spreadsheet or a bank database—many identical copies of a blockchain database are held on multiple computers spread out across a network. These individual computers are referred to as nodes. 12 Apr 2022 De Beers Using Blockchain to Authenticate Diamonds De Beers, the diamond unit of Anglo American, is harnessing blockchain technology to keep track of every movement of a gem. Set to launch later this year, the new industry-wide blockchain aims to document the movement of diamonds and other gems from the time they are dug up from the ground. Although cryptocurrency is the most prominent application of blockchain technology at this point, it is but one of many. Increasingly, businesses of all types have looked to the emerging technology as a means of upgrading their models, adding security and documenting transactions. (See also: Is Apple Planning to Use Blockchain?) 12 Apr 2022 Citi Predicts 5 Billion Users Citi released a new Global Perspectives & Solutions (Citi GPS) report titled “Metaverse and Money: Decrypting the Future” Thursday. The leading global bank has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. The 184-page report explores various aspects of the metaverse in-depth. They include what a metaverse is; its infrastructure; digital assets including non-fungible tokens (NFTs) in the metaverse; money and defi (decentralized finance) in the metaverse; and regulatory developments applicable to the metaverse. Regarding the size of the metaverse economy, Citi described: “We believe the metaverse may be the next generation of the internet — combining the physical and digital world in a persistent and immersive manner — and not purely a virtual reality world.” 12 Apr 2022 4 ways we could actually use NFTs It`s hard to escape reading about NFTs nowadays. If you need a quick refresh, NFTs are digital tokens stored on the blockchain signaling your ownership in something, like a piece of artwork. We typically read about them in association with the so-called Bored Ape Yacht Club whose sales have surpassed $1 billion, or record-setting art auctions, or how celebrities are jumping on the NFT and Web3 bandwagon. But there could actually be some practical uses for them. Qi Blockchain © 2022 QiBlockchain. All Rights Reserved forbes