QLC Chain QLC to Gemini Dollar GUSD Exchange

Crypto Pair Details: QLC to GUSD

QLC Chain QLC

QLC Chain is the next generation public Blockchain for decentralized Network-as-a-Service(NaaS). The QLC Chain and supporting ecosystem will enable any individual, business or organization to leverage their network resources to instantly become a service provider or network operator. The mission is to bring people online through a simpler, more pleasant, and more secure way with full transparency. It deploys a multidimensional Block Lattice architecture and uses virtual machines (VM) to manage and support integrated Smart Contract functionality. Additionally, QLC Chain utilizes dual consensus: Delegated Proof of Stake (DPoS) and Shannon Consensus, which is a novel consensus developed by the QLC Chain team. Through the use of this dual consensus protocol and multidimensional Block Lattice architecture, QLC Chain is able to perform a high number of transactions per second (TPS), provide massive scalability and an inherently decentralized environment for NaaS related decentralized applications (dApp). Check out CoinBureau for the complete review of QLC Chain.

Gemini Dollar GUSD

The Gemini dollar — the world’s first regulated stablecoin — combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S. regulators. Get Gemini dollars 1-to-1 for U.S. dollars on Gemini. Gemini dollars can be used on the Ethereum network. ISSUER The Gemini dollar is issued by Gemini Trust Company, LLC, a New York trust company. BANK U.S. dollars that correspond to the Gemini dollars issued and in circulation are held at a U.S. bank and eligible for FDIC “pass-through” deposit insurance, subject to applicable limitations. EXAMINATION The U.S. dollar deposit balance is examined monthly by an independent registered public accounting firm to verify the 1:1 peg. All Independent Accountants’ Reports are published and available here. SECURITY AUDIT The Gemini dollar is a cryptographic token built on the Ethereum Network according to the ERC20 standard for tokens. The code of the Gemini dollar smart contracts has been audited by Trail of Bits, Inc., an information security research & development firm, whose report is publicly available here. Gemini was founded four years ago with a mission: build a bridge to the future of money. Gemini dollar aims to combine creditworthiness and price stability of the U.S. dollar with blockchain and the oversight of U.S. regulators, the New York State Department of Financial Service. Gemini dollar is a stable value coin that is: 1. issued by Gemini, a New York trust company 2. strictly pegged 1:1 to the U.S. dollar 3. built on Ethereum network according to ERC20 token standards Starting 10th September 2018, you will be able to convert U.S. dollars in your Gemini account into Gemini dollars and withdraw them to an Ethereum address. You will also be able to automatically convert GUSD back as USD into your Gemini account. GUSD is expected to be listed on Bibox soon.

SOURCE: COINGECKO

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