Blockchain innovation has such an extensive variety of transformational use case from reproducing the pipes of Wall Street to making monetary power in the most remote areas of the world. While breaking down innovation development of the last 20 to 30 years, from chip to versatile communication, to the web, plainly with blockchain technology we have a mind-blowing chance to make genuine financial change and flexibility in the global world
Satoshi Nakamoto the gave us a genuine show-stopper in the bitcoin blockchain, where surprisingly an advanced money could be exchanged without the requirement for an outsider. Making that one stride further, Nakamoto's development of a dispersed record framework has opened up another stage for secure and open information sharing. Like how the web on a very basic level changed the way we share data, today we have another open stage for development that will upset the way we transact as people, governments and business (and machines as well.
Despite all these outstanding developments blockchain is still limited in some areas such as financial transactions, it seems as blockchain has not reached its full potential in this aspect.
Qompass is set to establish a system that will ensure financial transactions efficiency on the blockchain thereby providing solution that to the problems limiting the blockchain technology.
QOMPASS ECO-SYSTEM
Artificial intelligence (AI), is dominating headlines with the promise of self-driving cars and virtual assistants becoming more real every day. Qompass will make use of the wealth of opportunities in AI and make use of it to restore the trust of traders back.
Most traders have lost faith in online trading due to lack of transparency and so many stress involved in getting the right access to commodity they wish to trade.
Qompass has come up with a solution that will enable crypto traders and investors through API, smart Contracts and applications undertake to trade of cryptocurrencies without giving up full control of assets.
Qompass will leverage on blockchain technology which is transparent and fast to improve the quality of trade transactions, this will be a step to expand financial and capital market.
One of the bottlenecks of the financial market is the speed in processing financial transactions.
Bitcoin currently has notable transaction costs after being touted as 'nearly free' for the first few years of its existence. As of late 2016, it can only process about seven transactions per second, and each transaction costs about $0.20 and can only store 80 bytes of data.
The good news is that qompass will provide a better effective transaction protocol by processing 30k transaction verifications per second which is really revolutionary while maintaining lowest possible costs for each transaction.
DISTINCTIVE FEATURES OF QOMPASS
1.Fast transaction processing up to 30k transactions per second
low cost of the transaction
Deployment of AI to monitor the blockchain ecosystem
Secured blockchain protocol
Unlimited smart contracts for easy access
TOKEN DETAILS
Qps is the fuel that powers the Qompass Blockchain
Total Token Supply
33,000,000 QPS
Token Sale hard Cap
$ 10,000,000
Token Sale Soft Cap
$ 2,000,000
Purchase methods accepted
BTC, ETH
TEAM INFORMATION
VERDICT
the blockchain protocol of QOMPASS is able to process transactions fast at a superb speed better than other previous option and this is what financial transactions needs at the moment, this alone is enough to set the qompass platform on a global stage among the A-list crypto elites.
For more information;
WEBSITE: https://qompass.io/
WHITEPAPER: https://qompass.io/assets/docs/QompasswhitePaper.pdf
FACEBOOK: https://www.facebook.com/Qompass.io
TWITTER: https://twitter.com/QompassMarkets
TELEGRAM: https://t.me/Qompass
Authored by lynks: https://bitcointalk.org/index.php?action=profile;u=1266433