On June 7th, QLC Chain opens staking portal and offered 10X Q-Gas returns on the first day. Within 24 hours, the QLC Chain wallet received over 30 million QLC staked. QLC remains a NEP-5 token therefore, the staking process is a cross-chain activity however very smooth. QLC holders can import his wallet to the staking wallet. The current staking wallet includes both a NEO wallet and QLC Chain wallet. QLC Chain wallet is used for holding the received Q-Gas.

On June 10th, QLC Chain core developer Chris Zhao was invited to deliver a presentation during an IEEE workshop (https://www.comp.hkbu.edu.hk/mdm2019/) at HK Baptist University. The topic was “Optimization of P2P Network Eﬃciency in Blockchain”

The event gathered great minds across the world sharing their research work and experiences. The MDM series of conferences, since its debut in 1999, has established itself as a prestigious forum for the exchange of innovative and significant research results in mobile data management. The conference provides unique opportunities to bring researchers, engineers, and practitioners together to explore new ideas, techniques, and tools, and exchange experiences. The conference this year is hosted by Department of Computer Science of Hong Kong Baptist University.

Chris’ presentation took Confidant as an example. Confidant is a decentralized privacy protection platform, utilizing P2P network and advanced level of encryption. The implementation of the P2P network, encrypted storage and communication tools is the frontier of the industry. The optimization of network performance is critical to future mass adoption.

On June 11th, QLC Chain participated in the first Telco Blockchain Forum as the only Blockchain Infrastructure Partner. During the forum, Toya Zhang took the stage and shared “How Blockchain empowers Telecom Infrastructure sharing” to attendees who are representatives from telecom industry GSMA, ITU, Deutsche Telekom, BT, Telia, TIM, Vodafone and more, as well as Blockchain industry like Aergo and IOTA.



Jam-packed with high-quality content, remarkable speakers and unrivaled networking opportunities, today's sessions focused on key industry topics including telco opportunities in blockchain, telecom infrastructure sharing, IoT and smart cities, blockchain consortiums, real-life case studies, and much more!



Key event highlights included

Keynote speaker sessions from industry greats, including PCCW Global, Hot Telecom, Deutsche Telekom and QLC Chain

A panel discussion covering blockchain's effect on B2B service management, with insights from Redmill Marketing Associates, Deutsche Telekom, HWL and QLC Chain

Valuable insights from BT as Andrews Manolis looked towards the future of Blockchains and the Network of Networks that will come about

ID management as the key for future development from GSMA

On June 13, the China Police Bureau held a briefing about QLC Chain's anti-fraud telecom solution, recognizing the immense value brought by blockchain.