On May 17th, the 50th World Telecommunication Day, QLC Chain, Montnets, China's leading Cloud Communication company and China Association of Communication Enterprises (CACE) held the launching event of “Counter Telecom Fraud Platform” in Shenzhen.
Communications Authorities of Guang Dong Province Deputy Director Mei Qianghua; Liao Ning Province Industrial and Information Technology Office Deputy Director Wang Danqun, Shenzhen Communication Management Bureau Chief Xu Junfeng, CACE value adding committee Yu Shengduo and more representatives in the telecom industry, and telecom management offices in Shenzhen and Guangdong Province attended.
During the event, QLC Chain showcased the “Counter Telecom Fraud Platform" and marked the launching of this platform. The platform will provide SDK and API for financial institutions to build their communication ledger with their customers for trusted checking, and to realize a participatory culture for counter telecom fraud.
Allen Li, Chief Architect of QLC Chain also conducted a live demonstration of the platform, to explain how does the platform work and what Blockchain contribute to this beneficial service.
About QLC Chain
QLC Chain is the next generation public chain for Network-as-a-Service (NaaS). It is the world’s first infrastructure-level public chain with embedded telecom service capabilities. The QLC Chain benefits the QLC holders in the network services.
It is the distributed telecom services constructed on multi-dimensional block lattice which is a type of DLT structure. The major features include 1) distributed security (e.g. digital ID authentication, privacy encryption and on-premise storage) 2) distributed billing (e.g. trusted billing, anti-fraud billing and phone bill payment) 3) P2P addressing (digital identity and chord network optimization based on IPv6). This technology successfully guarantees the network security with data encryption, and at the same time completes the access authorization confirmation and management. In particular, the overall network consensus throughput would be improved by combining the network-optimized slicing architecture.
QLC Chain and its ecosystem will enable every individual, enterprise, and organizations to benefit from providing network resources and services. The mission is to create a secured and trusted environment for communication services and to narrow down the digital divide by leveraging DLT.
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