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QuickX for Effortless Inter-Blockchain Transactions of Crypto-Currency


News provided by

QuickX

Mar 09, 2018, 09:00 ET

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NEW YORK, March 9, 2018 /PRNewswire/ --

Crypto-currency is the buzzword for investors now but the greatest impediment is the helplessness to use it for regular transactions. This lack of option is the primary drawback for users looking for areas of profit. QuickX is a hit solution to tackle this challenge and it has been incepted by an information security company under the flagship name of Secugenius .

QuickX - One's Cryptocurrency Partner! 

QuickX is helping users to carry out their inter-blockchain transactions at a very economical cost in a relatively open marketplace; thus, achieving transparency in dealings. The dependence of intermediaries is cut off by this QuickX protocol, thus bridging the private and public blockchains, improving the liquidity of different crypto assets and making transactions instant. The interoperability between the blockchain assets is made seamless by the pooling facilitators, thereby enhancing the transaction experience and making it faster at negligible transaction costs. Also, the privacy concerns are addressed.

What Makes QuickX the Much Desired Platform for Inter-Blockchain Transactions?

  • Crypto-currencies like Bitcoin and Ethereum, of late, have performed slowly and take time for transactions. For example, Bitcoin manages only seven transactions per second and Ethereum manages around 20. But, the QuickX platform is the solution that helps convert the crypto-currencies into legitimate spending with the help of pooling facilitators.
  • Also, QuickX platform supports multi-crypto assets, wherein, the user can initiate B2B or B2C transactions. The user can make payment to any wallet easily. However, the wallets that support and implement QuickX Protocol can make inter-blockchain transactions instantly at a negligible cost.
  • In the past, users had to convert their Bitcoin assets to Ethereum by two steps. First was the use of exchange for conversion, and the second was to send these Ethereum assets to a wallet supporting it. This necessitated the involvement of network transaction fees for every single blockchain transaction and was needlessly slow. But, with QuickX protocol, the transactions are expedited at nominal cost with the help of pooling facilitators.
  • QuickX provides this unique platform that enables inter-blockchain transactions at a minimal cost and the crypto asset conversions are carried out within seconds. Moreover, this platform is decentralized with operations being carried out in a relatively open marketplace.

QuickX platform started with the seed money of $1.2 million is rewriting the rules of crypto-currency liquidity and is potentially on the way to become the next axis of crypto-currency based transactions.

SOURCE QuickX

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