Korea’s Qworld Launches QRC Simple Payment System based on Blockchain Technology

  • 2020-06-25 17:02:34
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SEOUL, KOREA, Mar 11, 2020 - (ACN Newswire) - Based on four years of angel

investment and market experience in various blockchain projects, Qworld, led

by co-founder Ko Do-hyoung, has launched the QRC System for simple payments,

based on blockchain technology. The system supports payments in RMB, USD, KWN

and various mainstream digital currencies.


Ko Do-hyoung studied various cryptocurrency projects in the market, looking

for an ideal payment system. Unhappy with what he found, Ko dreamed of

creating a perfect service that was easy enough for anyone to use, and

realized payment freedom. Driven by his ideal, Ko led the Qworld team to

develop the QRC System. Ko Do-hyoung has said that Qworld's QRC System

represents a new concept in financial technology, which can easily settle

overseas remittances through QR scanning.


Qworld signed a listing agreement with BKEX Exchange, and will open on April

1. "It's good that QWorld has been recognized by BKEX Exchange, the

world's largest trading platform. BKEX is a global exchange with more

than 2 million members. The listing agreement between Qworld and BKEX may

enable Qworld to realize its vision faster."


Simple multi-currency payment

By scanning the QR code, the QRC System can realize simple payment and

collection. It also supports a QRC account number for real-time transfers and

remittances. No matter the country or currency, you can remit money quickly.

The transfer fee is 0%, and the service can be used without a binding card.


Security guarantees

The QRC System is equipped with various security systems, including a risk

management system and an automatic operation and maintenance system. The back

ends of these two systems will store transaction records and track them during

abnormal operations to prevent risk.


The stored information is encrypted; it cannot be modified, to ensure that

transaction records are not tampered with. QRC adopts a hardware wallet for

100% of all currencies, and each user has an encrypted storage currency with a

unique ID.


Free trade of digital currency

QRC does not limit the amount of payment and deposit. At the same time, QRC

supports encrypted mainstream and stable currencies. Users can pay in their

favorite cryptocurrency, and can easily use cryptocurrency as legal currency

through the OTC market.


Qworld will start with QRC System's payment business, and expand into the

global financial field as a global online financial group.