Advancing Qbit Technology

The QFed is dedicated to making the Qbit system a platform for innovation. To assist in this, the QFed has designed the Qbit system to use a smart blockchain that allows for additional protocol layers to be added to it. 

In addition, it provides facilities for side chains that enable 3rd party innovators to whatever they want within the rules of the Qbit system. Currencies, coins, and tokens on side chains can be directly exchanged for Qbits, participate in the Qbit system’s distributed currency exchange, and can be stored in the Qbit digital wallet.

Also, the QFed creates and manages open source projects that integrate the Qbit into many different types of software. An example is the point-of-sale software for the Qbit (QPOS) that enables point-of-sale terminals (the modern version of cash registers) to process Qbit transactions.

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