Historically, various encryption technologies such as blind signature and group signature have been widely utilized . Under these circumstances, QURAS blockchain adopted zero-knowledge proof and ring signature as privacy technologies. With these developments, the expansion of use cases for blockchain can be expected.
The two privacy technologies can be used for diﬀerent purposes in accordance with the user’s needs. Zero-knowledge proof is suitable for shielding data, while ring signature is suitable for privacy protection within a group such as electronic voting, smart city, and smart grid.
While utilizing the zero-knowledge proof, blockchain users can leverage the feature that can prove a group member’s signature without requiring the member to identify themselves. In addition, when using zero-knowledge proof and ring signature, adopting digital ID allows for compliance with laws/regulations and use cases in the real world.
Originally, the blockchain platform had no administrators due to decentralization, however by adding administrators to ring signature in the blockchain platform, it is made possible to handle centralized-type use cases.
QURAS applies the idea of the common good in economics. Based on this idea, the system is established to distribute smart contracts’ transaction fees to projects that use the QURAS platform. Despite the violent ﬂuctuation of the cryptocurrency market, QURAS lowers the risk of improper operation of projects and facilitates the timely completion of project schedules. The continuous support for those projects that use QURAS are provided ona protocol basis, which is believed to increase the overall value of QURAS in the end.
In summary, QURAS’s philosophy is reﬂected in the system design whichbeneﬁts the individual and the collective- all while pursuing what is good for the entire QURAS ecosystem or in other words, pursuing the common good
1.What is QURAS (XQC) token?
XQC standing for Quras token is one of several tokens published for cryto trading by the global digital assets platform- BiKi Exchange. With attractive offers and competitive advantages, BiKi.com platforms honors to supply global users the best services while trading and purchasing digital assets.
Quras is an online platform that mainly focuses on smart contracts and crypto-tokens and utilizes blockchain technology to create a secure and anonymous platform where users can share data amongst IoT devices. The data is then integrated with machine learning, which will result in more responsive and intelligent IoT devices that can collaborate with other devices.
Quras support a wide variety of IoT devices such as Home appliances, Medical appliances, Educational appliances, Audit Programs, Sportswear, Loyalty card programs, and services. Additionally, the big data analysis services offered by Quras have use cases in various industries accounting, online storage healthcare, finance, governments, gaming and many more.
2. What are the Competitive Advantages of QURAS?
Quras is a scalable platform that supports effective operation of dApps and creates a decentralized society where the token’s transaction fees are distributed between token managers and other platform users.
Quras reduces the overall costs used in collecting, storing, and analyzing data from IoT devices, as there are not restrictions on who can participate in utilizing the big data through using the QURAS token or creating their smart contracts on the Quras blockchain.
Security Of Data
The data collected by Quras can be used to sign the contracts between the users and their IoT devices, which results in the IoT devices always generating data that is trustworthy and always secure.
Effective Collection Of Usage Data
IoT device software developers can use Quras to collect usage data for their devices and send themselves the data in an analytics structure. The developers can then use the data to enrich their models without reliance on a central server that is prone to attacks or hacks.
3. XQC Data
[Updated on 26th June 2020 based on: https://www.coingecko.com/en/coins/quras-token]
|Quras Token Price||$0.04159346|
|Market Cap Dominance||0.00%|
|Volume / Market Cap|
|24h Low / 24h High||$0.03706582 / $0.04574282|
|7d Low / 7d High||$0.03679354 / $0.04564538|
|Market Cap Rank||N/A|
|All-Time High||$0.441511 -90.4%Dec 24, 2019 (6 months)|
|All-Time Low||$0.01014713 316.6%Jun 01, 2020 (25 days)|
|Quras Token/Bitcoin Ratio||1 BTC = 222053.8 XQC|
4. QURAS Website Community Socials
- Twitter: https://twitter.com/qurasofficial
- Facebook: https://www.facebook.com/246766095894748
- Telegram: https://t.me/QurasOfficialGroup
- Linkedin: https://www.linkedin.com/company/quras/
- T.me: https://t.me/QurasOfficialGroupJPN