Blockchain News

Qi Blockchain Sets Strategic Course to be the Preeminent Global Payment Rail

Qi Blockchain Sets Strategic Course to be the Preeminent Global Payment Rail

London-based Qi Blockchain aims to revolutionize finance with enhanced speed, affordability, privacy, and security as the most efficient payment rail worldwide

Qi Blockchain, an innovator in the field of blockchain-based payment solutions, announces its robust plan to transform the financial industry by capitalizing on the unique potential of blockchain technology.

The company’s strategic blueprint is focused on providing superior speed, affordability, global accessibility, privacy, security, and user-oriented features, aspiring to become the global standard in payment rails. Amidst a plethora of blockchain platforms and cryptocurrencies, Qi Blockchain distinguishes itself with advanced security measures, high returns, and a commitment to meeting user needs.

Latest Fintech News: Mesh Payments Expands Across Europe, UK, and Asia to Support Global Enterprises with Unified Spend Management

Qi Blockchain’s roadmap is designed to remedy the significant inefficiencies in current cross-border payments. By harnessing the power of blockchain technology, the company aims to accelerate settlements, reduce reliance on correspondent banks, enhance traceability, minimize errors, extend operational hours, and decrease transaction costs.

Latest Fintech News: Klarpay AG Enhances Global Payment Solutions with Local ACH Payments in 40+ Currencies

Qi Blockchain’s user-centric offerings include:

  1. Reliability: With the capability to process up to 2000 transactions per second (tps) and with plans to scale up to 10,000 tps, Qi Blockchain guarantees reliability and incorporates user-focused features with robust safeguards.
  2. Security and Transparency: Qi Blockchain’s advanced security protocols provide strong protection of user information, while increased transparency mitigates the risks of fraud and money laundering.
  3. Smart Contracts: Qi Blockchain utilizes smart contracts to automate compliance tasks, thus increasing efficiency, reducing the risk of human error, and speeding up banking processes.
  4. Cost-effectiveness: Qi Blockchain challenges conventional banking with significantly lower transaction fees for cross-border transfers, resulting in substantial cost savings for users.
  5. 24×7 Availability: Qi Blockchain provides continuous service, in contrast to the periodic downtime and weekend shutdowns characteristic of traditional banking systems.

As the financial world undergoes a paradigm shift, Qi Blockchain is at the forefront, guiding users towards secure, efficient, and reliable blockchain-based solutions.

Latest Fintech News: NMB Bank Tanzania and UnionPay International Promote Mobile Commerce Through QR Code Implementation

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

VComply Secures $6 Million Series A to Accelerate Expansion in US Market

Fintech News Desk

ThetaRay AI Tech to Monitor Remittance Transactions Into Africa for Zeepay

Fintech News Desk

Social Discovery Corp Joins Guidewire PartnerConnect Solution Alliance Program; Publishes Ready for Guidewire Integration

Fintech News Desk
1