The coming of blockchain technology had an abstract revolution in the world economy and specifically on financial markets and platforms. Digital currencies/cryptocurrencies on their part paved a decentralized financial transaction. The duo of cryptocurrencies and blockchain technology posed great threats to the conventional financial system by providing prospects that will surmount the loopholes they met in the financial system.
The current blockchain technology has done remarkably well, especially in decentralizing the financial system. Just like every other invention, the blockchain technology is open to improvements and upgrades that will lead to more positive output. Though widely accepted, the current blockchain technology has basic limitations such as business and technological limitations in addition to the absence of its application in reality. These limitations have greatly diminished the anticipated acceptance of the current blockchain technology and with this, users are faced with serious impediments.
We all know the importance of trust in business. The current blockchain model does not fully have the trust of its users especially with the absence of an escrow service that can hold users’ fund pending the completion and fulfilment of a transaction.
It also has a low processing time and is quite expensive. Its limited Smart Contracts that require heavy programming and abounding scaling issue had in the long run, impeded the success and acceptance of the current blockchain model. This explains why the majority of the world populace is not in tune with it and it won’t be surprising to find out that a good number of the world populace had not even heard about the terms “blockchain” and “cryptocurrency”.
The All-New Financial Market Blockchain
The blockchain technology had garnered an enviable from the time of its inception to now. Though it had some shortcomings, it had helped in solving many problems in the financial system such as centralization.
I’m pleased to introduce to you a brand new blockchain technology which is exclusively for financial purposes. QOMPASS introduces a lot of changes in the current blockchain and cryptocurrencies. You can now convert your liquid currency into any currency or fiat exchange of your choice thanks to QOMPASS Trader technology.
QOMPASS promises to introduce a whole new outlook not just to the financial system but to all other blockchain as a whole. We have noticed slow spate of transaction on the current blockchain and QOMPASS with full regard for time, is set to provide users with the amazing transaction speed of about 3000 transaction each second.
The blockchain we have now supports many cryptocurrencies with Bitcoin and Ethereum being the fastest. This is what QOMPASS intends to change by providing much faster solutions that will be far better than Bitcoin and Ethereum.
QOMPASS best leverage against other blockchain is its Smart Trading Algorithm that assists it in having a forecast of price movements in the blockchain. It does this b employing the use of Artificial Intelligence. The effect of QOMPASS’ Smart Algorithm is a positive output of leverage power up to 100% faster than the normal blockchain earning speed.
From all indications and investors’ speculations, QOMPASS is likely to take over as the next blockchain technology.
Current Blockchain Problem
Though successful as it seems, the blockchain technology we have at the moment is not entirely reliable and efficient. The reasons are quite explicit and an honest investor will certainly support these.
The blockchain model being used presently is technologically blinded. It is really unimpressive that in a technologically-advanced world as ours, the current blockchain model does not support the use of Artificial Intelligence. We have seen from the QOMPASS that Artificial Intelligence is very productive in any blockchain.
There is no Peer-To-Peer (P2P) exchange in the current blockchain crypto economy and this has really reduced investors’ interest. In another view, liquid currencies can only be traded through the Iinternet and blockchain ecosystem and there are no options on how to withdraw funds and earnings from such blockchain platforms.
Most often, users’ data were hacked and this has not been a good tiding for the current blockchain model because it breaches users’ trust.
QOMPASS SOLUTION
QOMPASS did not just come about by mere creativity. QOMPASS offers blockchain users a better option in their crypto trade and other blockchain activities. QOMPASS is a new age blockchain technology that features a cooperative ledger that allows changes in licensed nodes.
Coming to the issue of low transaction processing, QOMPASS provides a higher leverage by processing 30000 transactions per second (30000tps). This will offer its users a faster transaction with lesser time-consumption.
QOMPASS also charges its users a low transaction fee in line with its vision to support financial transactions and high frequency trading. Blockchain users can also enjoy a faster solution than the Bitcoin and Ethereum cryptos on the QOMPASS blockchain. It is interesting to note that QOMPASS features a cross chain Smart Contract that can be used on diverse blockchains as well as a self-aware blockchain powered by Artificial Intelligence.
Other key features of the QOMPASS blockchain are:
• Anonymity
• Decentralization
• Smart Algorithms
• Artificial Intelligence
QOMPASS also has other features that you might want to know about:
• Neural Network: Most blockchain technologies neglect the efficacy of the Neural Network which is called the Artificial Neural Network. The Neural Network (NN) functions just like the human brain which consists of billion neurons and has interconnections that make them effect thoughts.
The same concept was used in developing the QOMPASS blockchain and now, we have a blockchain that gathers information from different units and make an analysis out of them.
- Peer-To-Peer: Other blockchains seem to lag behind in this regard. QOMPASS took up the challenge by developing the first Peer-To-Peer blockchain that has the capacity of processing about 30000 transactions per second.
• Crypto Payment Cards: We are all witnesses to the fact that cryptocurrencies are only used for trading over the Internet. There are no chances for you to withdraw whatever you might have earned in your crypto trade. I think we have a whole new approach on dealing with our crypto earnings. QOMPASS has proved its mettle once more by initiating Crypto Payment Cards which allows its users withdraw their earnings as fiat currencies.
Interestingly, QOMPASS users can withdraw their funds through Automated Teller Machines (ATMs) and also initiate payments through Point of Service (POS) terminals. There are also additional payment options on the QOMPASS blockchain such as NFC, QR and Mobile Wallet.
Token & Tokensale Details
Token Name: QOMPASS
Token Symbol: QPS/QPSE
Present Price: 1 ETH = 840QPS
Platform: Ethereum
Accepted Currency: ETH & BTC.
Soft Cap: $5,000,000
Hard Cap: $10,000,000
TEAM
ROADMAP
To find out more about QOMPASS, I added some helpful links below:
Website: https://qompass.io
Whitepaper: https://qompass.io/pdf/QompasswhitePaper.pdf
Twitter: https://twitter.com/QompassMarkets
Telegram: https://t.me/Qompass
Facebook: https://www.facebook.com/Qompass.io
Writer: Collinberg
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1532780;sa=account