As 2019 approaches, QLC Chain has made adjustments to its development plan. Since the launch of its whitepaper in November of 2017, QLC Chain has rebranded, launched the WinQ dApp, and will now develop its public chain and application simultaneously. QLC Chain aims to become a next-generation public blockchain for Network as a Service (NaaS), where its users can become service providers or network operators.
In the past year, QLC Chain has developed its product, conducted market research, and engaged with leaders in the blockchain and telecommunications industry. Through these efforts, the team believes driving wider adoption is a bottleneck in the blockchain and cryptocurrency industry. The leadership team has updated its roadmap accordingly to address this bottleneck.
MainNet launch
In its initial roadmap, QLC Chain aimed to launch its MainNet by the end of 2018. In a Medium post, QLC Chain stated the “R&D team has been working day and night to achieve the milestone.” Though its partnership with Montnets – previously covered by NEO News Today – has allowed QLC Chain to test the business model and technology, the MainNet launch isn’t expected to take place until March of 2019.
QLC Chain states it’s “expecting to launch the Multidimensional Block Lattice MainNet together with the Global SMS billing and clearance platform.” The MainNet launch combined with global SMS billing will “put QLC Chain in immediate commercial usage.”
It is expected that by June of 2019, the QLC Chain network will be ready to add more enterprise users, and be able to handle more than 4 billion transactions annually. Progress on the public chain’s code can be found at the QLC Chain GitHub:
https://github.com/qlcchain/go-qlc
QLC Chain’s token, QLC, will remain as a NEP-5 asset until the QLC Chain MainNet has been launched.
VPN Routers
The blockchain-based virtual private network (VPN) routers are tentatively planned to be introduced in December of 2018. The VPN router will use blockchain and expand broadband coverage. Through WinQ, users will be able to join a global peer-to-peer (P2P) network to monetize their bandwidth.
Two versions of the VPN router will be made available to the public, a WinQ server router and a hardware version.
The WinQ server router is an open-source, free application where users can overwrite the code to turn a home Wi-Fi router into a VPN router. Users can also register the router as a digital asset and earn QLC.
The hardware router details are expected to be released in December, when users will be able to place presale orders.
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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