QOMPASS

April 20, 2018

QOMPASS

The Blockchain and digital currency world has paved way to a whole new understanding of decentralization. This does not just pose a challenge to the traditional perspective of financial transactions but also focuses on eliminating the loopholes attached with the traditional financial system. This goes to prove how advanced the blockchain technology has gone, and also how it has been able to diminish global boundaries by offering a chance at having an alternate and improved future for the whole world. Though the blockchain technology is still at its initial phase, and encounters several hitches in terms of quality of its service, ease of use, and performance, every generation of Blockchain is innovative, which makes it a better choice. The main force behind the Blockchain technology is how it has been able to utilize a decentralized system. However, the lack of a realworld application, and business and technological limitations, has been one of the drawbacks to the full adoption of the Blockchain technology. Qompass thrives to provide solutions to the hitches commonly faced by the earlier generations of Blockchain, and also offers an even more innovative platform that can help in creating a bridge that connects the world together.

QOMPASS is a block-chain platform aimed at offering dishes to financial marketers. The Net uses original Qken tokens, token sales for QPS starting in April 2018. Consumers will interact with QOMPASS payment systems through mobile applications and QOMPASS cards. This platform will have a hardware wallet and a hybrid card system, where your app has a feature as a wallet that allows you to load your card every time.

HOW ITS WORK?

The goal of QOMPASS is to harness the power of AI, natural tissue, and leverage that is alive while offering an in-depth application system and API protocol. Through all of these products and services, the platform will drive capital and financial markets on a worldwide scale.

Faster than ETH or BTC
Supports more than 30,000 transactions / sec
Decentralization and full anonymity
Low transaction costs
AI self-support block chain
Fully customizable & scalable
Safe and sound explorer that prevents everyone from spying on your assets, enabling you to practice true anonymity & privacy
Cross-chain intelligent contract support (smart contracts working on many chain blocks)
Made to support financial transactions & top frequency trading

QOMPASS also trusts a feature called POS (Proof of State). The main purpose of the QOMPASS node is to identify the state of the contract & determine the POS. in its place following the usual method of mining the new block and removing the time-cycle without a case, this platform requires only a licensed node to identify the creation of a new block. Here is how the white paper explains in detail.

Rather than considering for fresh blocks to be mined, state adjustments can occur at any time, which actors and consensus actors receive together in less than 10 milliseconds, even on a wide scale. Each contract can act in unison without affecting and blocking all other contracts, which holds to the fact that each contact keeps a separate state chain. Communal changes from the state form a directed cyclic sketch that forms a chain of blocks.

There are many trusted actors in this procedure, including nodes when combined create something named with the QomPASS C-Chain ledger and Cloud Notary client. The platform will also support smart contracts and intelligent algorithms. The block chain will store an executable info script, in the tree system. A tree of intelligent contracts forms a smartcontract chain representing a set of intelligent contracts that verify references to each other. The platform intelligent algorithms, meanwhile apply the nervous system and AI to predict the movement of costs even before they actually occur.

THE BLOCKCHAIN AGE NEW TECHNOLOGY

The Qompass Block Chain is a new generation Blockchain technology. This is a cooperative ledger that supports state changes by trusted and licensed nodes. The new Blockchain technology is capable of reaching tens of thousands of transactions in just seconds (30,000 tps). This efficiency is achieved through executing contracts on clients by verifying their output with a 90 percent consensus algorithm used in the creation of new blocks. New and better blockchain does not require the storage of detailed information on every transaction; but rather the chain-side is responsible for this action, and handles the complete history storage procedure.

Also, whenever access to stored data such as digital signatures, source contracts and transaction records is required, usually stored on Blockchain on other platforms, Qompass Block Chain verifies and authenticates that information by referring to the cloud services associated with it and is responsible for handle all related digital assets and signatures. These clouds are different and completely separate from Blockchain, resulting in a highly improved transaction speed, along with improved synchronization as well.

OUR VISION

Qompass offers the digital currency, though not regulated by the government or issued by any central bank, carrying enormous cryptocurrency powers, used worldwide. Transactions are done using secure and anonymous Qompass, and in addition to low cost, fast in transactions. Some other characteristics of the Qompass platform include the following: Crypto Payment Card - Qompass platform offering the use of the Payment Card / Qompass Wallet. A debit card hybrid and a smart hardware wallet that allows instant access to blockchain. a holder that can be used to withdraw fiat from any ATM

and make payments in POS. Qompass also offers payment options using Mobile Wallet, and facilitates non-touch payments via NFC, and QR.

Crypto Peer-To-Peer (P2P) Exchange

The earnings of crypto on the Qompass platform can be cashed out with too high a limit. We are proud of our successful negotiations with 25 different financial institutions located around the world, 5 so far agreeing to be linked to our platform and purchasing a large number of crypto currency majors. As Qompass customers, you will be able to request for payments, and banks can withdraw assets You and send fiat directly to any bank you choose globes. Customers have the opportunity to see it flow orders of large institutions to determine the best rates and volumes.

TOKENS

The platform sells its QPS token during token sales starting April 6, 2018. There is a total supply of 33 million QPS tokens, with over 20 million avails during token sales. More than 60 percent of complete token supplies will be sold to the crowd, with the remainder allocated for development and research (20 percent), 5% advisers, 10% marketing and 5% legal fees.

The previous QOMPASS platform has collaborated with KuCoin, Cryptopia, Binance, OKEX, HitBTC, and Huobi as all of these are listed as expected crypto exchange on the official QOMPASS website. Although, we can not find any evidence that this crypto currency exchange will register QPS at any time in the future.

Token: QPS

Price: 1 QPS = 0.009 ETH

Receive: BTC, ETH

Bonus: Available

Platform: ETH

Soft cap: 5,000,000 USD

Hard stamp: 10,000,000 USD

Whitelist / KYC: No There

Country: Hong Kong

DISTRIBUTION TOKEN

Legal Fees 5%
Advisory 5%
Marketing 10%
Research and Development 20%
Crowd Sale 60% (Round One $ 0.8 Bonus 20%, Round Two $ 0.8 Bonus 5%)

Locked for 1 year

USE OF FUNDS