A simple question deserves a simple answer.

PART1: the customer segments of QLC Chain.

In this post I’ll explain the the tech behind the QLC Chain, in simple words.

Once you get to understand the architecture behind QLC Chain, you’ll find it easier to understand why we decided to build this thing, and didn’t just use an exiting blockchain out there. After all, we want to provide the best NaaS (Network as a Service) decentralized environment out there.

For who is QLC Chain build?

The QLC Chain focuses on telecom services within 3 customer segments:

C2C,C2B and B2B.

Cconsumer to consumer, or C2C, is the business model that facilitates interaction (commerce) between private individuals. Blockchain and peer-to-peer transactions eliminate the need of a third party to facilitate this interaction, making it extremely transparent and cost efficiënt.

A solid example of C2C transactions in telecom would be sharing virtual telco services and/or assets such as WiFi and VPN sharing.

In both cases, a user — not a business — shares telco assets to another user

(as demonstrated in the QLC Chain dApp WinQ).

The role of the blockchain is to make this ‘sharing’ relationships possible, helping users and sharers find each other, even without having to reveal their identity. C2C transactions can be rewarded by a value token that is used within the ecosystem. The QLC token on the NEO blockchain is an example.

Consumer to business, or C2B, is the business model that facilitates interaction (commerce) between private individuals and business.

Blockchain is capable of empowering you and me to actually interact and provide services to companies, without the need of a third party to facilitate this interaction.

A solid example of C2B transactions in telecom would be sharing virtual unused or excessive telco services and/or assets such as data and SMS.

In the example of SMS sharing it could mean that businesses would have the possibility to interact with their customers through the short message SMS (short message service) service, a text messaging service component that enables mobile devices to exchange short text messages.

As SMS services are mostly excessively provided in data packs, individuals worldwide might as well share unused SMS messages to companies that do need this technology to interact with their customers.

Business to business, or B2B, is a form of transaction between businesses, such as one involving a manufacturer and wholesaler, or a wholesaler and a retailer. The industry — and for sure telco — is evolving at a tremendous speed. Thinking differently about using and offering telecommunications became a necessity in order to survive the digital revolution.

https://www.strategyand.pwc.com/report/tale-of-two-telcos

A solid example of B2B transactions in telecom would be that industries can develop their own technology and dApps on top of the QLC Chain and the underlying smart contracts.

T hanks to blockchain, startups are building the next generation of C2C interaction. Selling and buying becomes sharing — without the need of a third party to control and bookkeep their interactions.

QLC Chain aims to build a blockchain infrastructure that is a fit for all these 3 commerce models, bringing NaaS to anyone in a simple, cost efficient and in a useful way.