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QLC Chain (QLC)
A Public Chain For Decentralized Network-As-A-Service.
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QLC Chain’s mission is to "build a decentralized and secure infrastructure for communication services".
The project aims to build a public chain for Network-as-a-Service ("NaaS"), with a block-lattice-structured ledger and embedded telecom service capabilities.
QLC Chain’s first application is a global SMS billing system. The system allows enterprise users to conclude SMS billing and clearance with service providers and records the message log on-chain.
QLC Chain utilizes a hybrid consensus protocol with both Delegated Proof-of-Stake (DPoS) and Proof-of-Work algorithms being incorporated into the blockchain.
The project also relies on a dual-token system. The QLC token is used for staking, and one needs to hold QLC to generate QGAS, which will be used as fuel for all network services.