Quixxi Connect token (QXE), now trading on LAToken
The blockchain is transforming our world before our eyes and is disrupting many industries. Its use cases have already demonstrated impressive results and it is only the early stages. As of today, the market cap of crypto currencies is reaching over $111 billion USD, with Bitcoin dominating this with over 55% of the market capitalisation (Coinmarketcap, 2019). The biggest challenge now is to drive mass adoption, by making its use simple and secure. These are the key drivers for why we created the Quixxi Connect portal and our token: QXE.
Quixxi Connect is our smart crypto payment solution, which allows users to send and receive crypto currencies directly to any email address, phone number or ID. It is simple, removing the complexity of crypto and allowing consumers to enjoy all the benefits of Bitcoin & Ethereum without the hassle. Further, even non-tech individuals can enjoy the benefits of cryptocurrencies, no matter their level of technical knowledge. In fact, rapid development and increased application of blockchain technology represents a significant opportunity for individuals or businesses looking at digital assets as either a store of value, utility, or other.
That said, the complex nature of the blockchain, in particular wallets and payments, still represent a large barrier for global adoption. In order to address this opportunity, Quixxi Connect provides a smart crypto payment service, where digital assets can be securely stored, accessed, and used as payments in a simple and intuitive manner.
For this purpose, the Quixxi Connect token: QXE, have been created and is now tradable on LAToken. Grounded in genuine and honest vision, Quixxi Connect was able to raise significant funds through an Airdrop & ICO late last year.
An ICO is a more democratic process to offer people the ability to invest in projects they find interesting with the bare minimum of an internet connexion and without limits of funds or regulations by countries, in exchange of a certain amount of token. In the past, many ICO were seen as a means of raising money and full of undefined future promises, which is thereverse of a typical IPO. For Quixxi, the product was already built, and we believe our community is giving us the confidence of their trust to allow us to push our product to new levels of excellence and add features that will further simplify their use of cryptos.
At Quixxi Connect, protecting our user’s investment is the primary objective. The main benefit of our Quixxi token (QXE) is that it enables the sharding of our investors’ private keys. Our users are compensated with QXE if they agree to be a nod in the decentralization of the private keys of our users. Essentially, instead of securing the investors private key to their wallets (or password to make it easier), the passwords are divided into seven different pieces that are then distributed randomly to other users who agreed to be part of the process. It is impossible for these people to retrieve your password, but thanks to a powerful algorithm, in a matter of days, the support team can retrieve that password for you if you lose it, thereby making it impossible to hack or to lose your tokens.
Needless to say that the recent scandal of the major Canadian crypto exchange QuadrigaCX could have been avoided with Quixxi Connect’s technology. Their CEO: Gerald Cotten, recently died and was from all accounts the only person to have access to QuadrigaCX wallets. This represented a significant loss of investment for their 100,000 users, representing total losses of over $190 million USD.
We have the technology solution to mitigate these losses and we’re looking forward to continuing to strengthen and build on the Quixxi Connect ecosystem for the benefit of our community