Friday, July 11, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

QI Blockchain Ecosystem: The Fastest Growing Ecosystem in the World

by firstcryptonews
January 30, 2023
in Press Release
QI Blockchain Ecosystem: The Fastest Growing Ecosystem in the World

The last decade witnessed the tremendous rise of the world of blockchain, with several industries employing it for enhanced security and ease of transactions. Blockchain was intended to be a revolutionary idea, and so far, it has achieved that purpose. There have been considerable advancements and technological upgrades to blockchain since it first came into existence, but there are sure a few barriers to its further growth. Though, that wasn’t the case for long. The release of Qi Blockchain redefined the entire space and made it all the more seamless and user-friendly.  

Qi is a blockchain developed for every need that might arise in the future. It’s the only blockchain the world will ever need. It incorporates Web 3.0, NFTs, De-Fi, Game-Fi, several of the subdomains of the four, and anything and everything one might think of. Besides, the low transaction fee on the Qi blockchain ensures higher adoption and an increased number of transactions. For instance, Ethereum, one of the most popular blockchains, charges $100 as the NFT creation fee, while QIE has capped it at less than a cent.

Another similar example is the transaction fee for stablecoins. While Ethereum, on average, charges $15, QIE, on the other hand, has set it at less than a thousandth of a cent. The numbers paint a clear picture of the potential held by Qi and how it will transform the future of blockchain.

About the Qi blockchain

Qi is a decentralized blockchain that relies on the PoW (Proof of Work) consensus mechanism to verify and record transactions. It’s by far the most advanced blockchain with the ability to process more than 2000 transactions per second (TPS), considerably higher than Bitcoin, which has a speed of 4.6 tps. 

Besides, Qi blockchain enables the deployment of smart contracts that facilitate the development of projects and Decentralized Apps (dApps) over it with advanced security protocols, no downtime, and free of any third-party control. Smart contracts create a peer-to-peer network to execute direct transactions between the involved parties, thus eliminating the need for a central authority.

The Qi blockchain can be used to develop applications in finance, gaming, web browsing, advertising, metaverse, identity management, De-Fi, Web 3.0, supply chain management, and to store data and execute transactions. Qi blockchain offers complete freedom to the end user and is transparent in every aspect, thus safeguarding user privacy. 

Future industry projections for Qi

This is where the fun part begins if one loves playing with numbers! As per experts, the blockchain industry is expected to grow at a whopping 85.9% CAGR (Compound Annual Growth Rate). PwC, one of the largest consulting, auditing, and accounting firm, in its recent report, stated that blockchain is expected to increase the world’s GP by $1.76 trillion. These are not just projections, but the current market trends indicate that it will indeed be the case.

Though the market witnessed several ups and downs and has largely been volatile the last few years, technological advancements in the field, enhanced security, the growth of De-Fi gaming, and other industry-oriented projects striving to solve the problems at hand have all been significant contributing factors to the growth of blockchain. And the same period saw the Qi blockchain become the first choice for both developers and investors. If one was to observe the value of Qie, the native coin on the Qi blockchain, it has held on to a steady curve, and experts predict it would increase in value.

With the spending on the blockchain industry projected to increase to $19 billion by 2024, a 400% jump from where it stood in 2020, more advancements are expected in the coming days, and the technology finding application in a large number of unexplored territories. While we are it, a report in Yahoo Finance suggested that financial institutions can save up to $12 billion a year by employing blockchain technology. Another $17-24 billion can be saved in transaction fees if the securities are moved to blockchain. 

With the world recognizing the true potential of blockchain in the recent past, Qi is set to emerge as the biggest market player offering the best to the community. Remember, the world has realized that blockchain is here to stay and is now finding application in every industry, be it big or small. And Qi blockchain, the most advanced of all, will continue to rise!

To find out more about the Qi blockchain, visit the official website: https://qiblockchain.online/

Also, follow the Qi blockchain on all social media handles and interactive channels to stay updated with the latest developments.

Twitter: https://twitter.com/qiblockchain

Instagram: https://www.instagram.com/qiblockchain.online

Facebook: https://www.facebook.com/QiBlockchain

Discord: https://discord.gg/9HCNTyqkwa

Reddit: https://www.reddit.com/r/qiblockchain/

Github: https://github.com/Qi-Blockchain

Weibo: https://weibo.com/pawsome

Related Posts

$BARF on Solana: 1 Million Permanent Blockchain Imprints Make This the Most Unstoppable Meme Ever

$BARF on Solana: 1 Million Permanent Blockchain Imprints Make This the Most Unstoppable Meme Ever

by firstcryptonews
July 5, 2025
0

July 4, 2025 — Solana Blockchain: Meet $BARF, the memecoin literally writing itself into crypto history. While thousands of tokens launch...

​​$Doughge: The Meme Coin That’s Risen – Now It’s Yours

​​$Doughge: The Meme Coin That’s Risen – Now It’s Yours

by firstcryptonews
July 4, 2025
0

No team. No roadmap. No rug. Just vibes, memes, and community momentum. In the fast-moving world of crypto, meme coins...

From Junk Bonds to Digital Credit, How XMG Fintech, USXM Stablecoins and PDCNs Are Redefining Financial Engineering

From Junk Bonds to Digital Credit, How XMG Fintech, USXM Stablecoins and PDCNs Are Redefining Financial Engineering

by firstcryptonews
June 28, 2025
0

In the 1980s, Michael Milken revolutionized the capital markets with the proliferation of high-yield, high-risk debt instruments , colloquially known...

DeepSteak: A Well-Done Memecoin Built on Truth, Not Lies

DeepSteak: A Well-Done Memecoin Built on Truth, Not Lies

by firstcryptonews
June 27, 2025
0

Launch Date: July 8, 2025 In a sea of low-effort rug pulls and recycled token contracts, DeepSteak emerges with a...

After Infini Exit KAST Faces Questions Over Points Based Cashback

After Infini Exit KAST Faces Questions Over Points Based Cashback

by firstcryptonews
June 26, 2025
0

Recently, Infini Card — once seen as a fast-growing crypto payment player — abruptly shut down its global crypto card...

How a $500 Investment in Alaxio Could Turn into $50,000

How a $500 Investment in Alaxio Could Turn into $50,000

by firstcryptonews
June 26, 2025
0

In the crypto world, massive gains have always come to those who enter early — before the headlines, before the...

Next Post
Pop Up World (PUW) Launches NFT Collection – Zero To Superhero

Pop Up World (PUW) Launches NFT Collection - Zero To Superhero

Recommended

Asset G

AssetG Global Tells Us Why Making Money Is The Best Hobby.

4 years ago
Binance Is Coming To The United States, Here’s What Traders Should Expect

Binance Is Coming To The United States, Here’s What Traders Should Expect

6 years ago
sponsee

$SPON, The Token That’ll Revolutionise Influencer Marketing is Going Public

4 years ago
AFRICAN POST PLAN TO SET BLOCKCHAIN DIGITAL IDENTITY IN AFRICA

AFRICAN POST PLAN TO SET BLOCKCHAIN DIGITAL IDENTITY IN AFRICA

3 years ago
Centaurify & The Music Industry Revolution

Centaurify & The Music Industry Revolution

4 years ago
Exploring new financial trends: Maximizing passive income profits through NFTCOLO

Exploring new financial trends: Maximizing passive income profits through NFTCOLO

11 months ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Atua AI Deploys Context-Aware Modules to Support Smarter Integration

Atua AI Deploys Context-Aware Modules to Support Smarter Integration

July 10, 2025

Press Release

$BARF on Solana: 1 Million Permanent Blockchain Imprints Make This the Most Unstoppable Meme Ever

$BARF on Solana: 1 Million Permanent Blockchain Imprints Make This the Most Unstoppable Meme Ever

July 5, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News