QANX Token

What is QANX and how Does It Work?

QANX operates on the QANplatform, designed to smooth out the development process by facilitating the reuse of existing codebases authored in Solidity for Ethereum, fostering effective and adaptable usage of tokens. Furthermore, QANplatform endeavors to facilitate understanding of the global sphere via the medium of human narratives. This unique attribute presents a way of interaction that connects token usage with the narrative facet of the platform. Essentially, the QANX model fuses the capabilities of technical adaptability with an unusual approach toward engaging participants.

The Vision and Mission Behind QANX

Established in 2019, QANplatform has its eyes on future quantum related concerns, aiming to simplify the process of blockchain development. The platform's native token, QANX, speaks of its ambition to cultivate a conducive blockchain habitat using progressive technology. QANplatform acknowledges the common hurdles that both traders and developers may face while forming blockchains and has an objective to simplify the complexities often associated with traditional blockchains. In an attempt to do this, it centers on crafting a blockchain that corresponds to its objectives and employs blockchain effectively. With four intellectual properties under its name, NIST has recognized QANplatform as the primary post-quantum algorithm. QANplatform utilizes specific technology to lessen its environmental impact while advocating for a balanced application of blockchain. Furthermore, QANplatform assists in the fabrication of private blockchains on various platforms like hardware, virtual machines, and cloud platforms, all achievable within minutes. The distinctive feature of this diverse blockchain platform is the resilience it offers against quantum attacks, opening up possibilities for traders and enterprises to build a range of software applications, including DApps and DeFi. Above all, QANplatform highlights the importance of content creation and provides developers with the option to code in their preferred language.

How to Buy and Store QANX?

To purchase QANX, Flooz.xyz offers a streamlined process that ensures a one-stop solution for all your trading needs. With Flooz.xyz, you can trade QANX directly without the need to own a wallet. Tap tap go! All payment methods are supported, making it convenient for traders of all backgrounds.

Using Flooz self-custodial web wallet, you can seamlessly manage your QANX transactions, including storing, sending, and receiving tokens. Creating a self-custodial wallet is quick and easy, requiring just your email, Google, or Apple ID. This not only provides a smooth and optimized trading experience but also ensures that you have complete control over your funds at all times, thanks to the power of cryptography.

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QANX Metrics:

• Current price: $0.0627

• Market cap: $106.56 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $60 k

Key Technological Features of QANX

QANplatform's hybrid blockchain has qualities akin to Ethereum, prioritizing data utility for businesses. The platform empowers enterprises to stipulate the terms of data transactions recorded on the platform. The underlying mechanism of this platform is a Proof of Randomness (PoR) consensus algorithm. Developers have the versatility to utilize multiple languages through WebAssembly (WASM), and the platform paves the way for fast cloud provisioning with minimal energy hardware necessitated for mobile phone validation. QANplatform additionally fosters automatic blockchain deployment on extensive cloud platforms, bare metal affiliations with businesses, and cohesiveness with existing frameworks. Notable transaction speeds are attainable attributed to the platform's PoR consensus algorithm. QANplatform is inclusive of multi-language support, Ethereum EVM compatibility, and automatic cloud platform deployment with smart contract applications. The preference between a private or public blockchain with a PoR consensus algorithm is with user discretion. QANplatform's proprietary blockchain on the hybrid platform can handle an impressive volume of transactions with the assistance of QVM, permitting multi-language smart contracts. As juxtaposed to other blockchain platforms, QANplatform presents less intricacy in mathematical operations and energy needs.

How Secure is QANX? Understanding Its Security Protocols

QANplatform is recognized for its diverse blockchain structure that incorporates both private and public blockchains for an array of functions. The National Institute of Standards and Technology (NIST) has acknowledged the functionality of its algorithm, designed with a focus on quantum resilience, highlighting the platform's detail-oriented approach. QANplatform employs lattice-based cryptography in existing models to counter potential quantum computer aggressions. The platform's cryptographic algorithm has also received acknowledgement from NIST, enhancing its position in the face of quantum disruptions. Through incorporating a lattice-based cryptographic algorithm into its coding language, QANplatform illustrates a focus on quantum resilience. It also leverages elliptic-curve (EC) cryptography for wallet protection against the aforementioned threats. QANplatform recognizes the relevance of cryptographic foundations in modern blockchain applications regarding countering quantum risks. The platform establishes a framework for future digital assets management and aspires to mitigate possible quantum risks encountered by ongoing chains.

What's Next for QANX? Upcoming Developments and Roadmap Insights

QANplatform, a blockchain entity, has participated in several industry activities. It was selected for the Startup Program at Web Summit and the EY Startup Academy program, providing networking opportunities. QANplatform also took part in the QuantumEnterprise event and made a public declaration about an upcoming listing. The platform entered into a noteworthy agreement with MBK Holding Qatar. QANplatform emphasizes the significance of acquiring knowledge in new programming languages to foster greater adoption, which aligns with the agreement that supports the CFO's QANX token. The company has received many inquiries from potential partners, indicating a willingness to collaborate on new ventures. When the QAN public blockchain (MainNet) is initiated, the platform will unveil a complete ecosystem. QANplatform accumulated a substantial amount of support and ensured sizable funds through an agreement. Within QANplatform's product-based financial approach, there is the QANX token, enabling users to engage in the platform's ecosystem.

Role of QANX in the Current Cryptocurrency Landscape

The QANX token is part of an ecosystem that strives to reimagine governance and consensus mechanisms on its associated Blockchain. This includes addressing challenges like steep transaction fees, centralized validators, and issues tied to quantum computers. The platform collaborates with entities such as Apple, HP, Dell, Chainlink, and Band Protocol. Collaborations extend further to Renault, Alpine Esports, Chainlink, Band Protocol, and it has participated in events like the Web Summit and EY Startup Academy. The platform has also associated with enterprises such as PwC, IBM, Deutsche Telekom, Uber, Bitcoin.com, Ethereum, Monero, and Zcash. Enhanced utilization of cloud computing and blockchain during adverse times like the recent pandemic illustrated the platform’s resilience.

The Team Behind QANX: Who Are the Founders and Key Players?

QANplatform operates under the guidance of a global team housed in Estonia, composed of more than 30 individuals scattered across various countries, each skilled in different fields such as economics, mathematics, quantum research, and business development. The team comprises Johann Polecsak, the co-founder and CTO, and Endre Abraham (Silur), the cryptology head. Their past collaborations include forma Vanguard companies like IBM, Telekom, Uber, Bitcoin.com, Ethereum, Monero, and Zcash. QANplatform's stature among blockchain developer collectives is underscored by its finalist status at the EU India Innovation Center Startup Program and participation at Ernst & Young. Strategic alliances, for instance with Beosin, and inducting dedicated members for codebase maintenance and business advancement, are a part of their routine operations.

Real-world Applications: How is QANX Being Used Today?

QANplatform has been backed by investments from Fairum Ventures, DeltaHub Capital, Insignius Capital, and BlackDragon. The QANplatform community offers opportunities for interacting with Indexing Oracle APIs on the public blockchain via mobile devices. The platform allows for the creation of an assortment of blockchain applications, integrated with smart contracts, DApps, DeFi, DAO, tokens, CBDC, NFT, and Web3 solutions. Alpine Esports and Group Renault are among the associated entities with QANplatform. The platform aligns with top-tier cloud platforms for simplified deployment. Among its key features are a focus on broad adoption, and compatibility with an array of programming languages, inclusive of Rust, Docker, and Kubernetes. QANplatform is a part of the blockchain ecosystem with the objective to activate a vast developer-community within the blockchain sector. Developers are accorded the freedom to code in their preferred language and the provision underscores quality and reusability of code. The platform promotes blockchain, driving interesting initiatives such as LibreScan and a self-hosted blockchain explorer. The system’s functionality is hinged on the Proof of Randomness (PoR) consensus protocol. QANplatform is dedicated to optimizing the use of environmental resources and intends to make blockchain more accessible by lowering the barriers to entry.