Blockchain Ecosystem QI: The fastest growing ecosystem in the world

The last decade has witnessed a huge rise in the worldblockchainwhen several industriesindustries have begun to use it to improve security and simplify transactions.Blockchainwas conceived as a revolutionary idea, andtoday he has achieved this goal. Since the advent of blockchain, there have been significant advances and technological improvements in the world, but, nevertheless, there are several obstacles to its further development. However, it didn't last long.

ReleaseQi blockchainreimagined the entire space and made it even more seamless and user-friendly.

Qi– this is a blockchain, designed for all the needs that may arise in the future. This is the only blockchain the world will ever need. It includesWeb 3.0, NFT, De-Fi, Game-Fi, several subsections of these four, andeverything you can think of. In addition, the low transaction fees on the Qi blockchain enable wider adoption and more transactions.

For example, Ethereum, one of the most popularblockchain, charges $100 in NFT creation fees, while QIE limits it to less than one cent. Another similar example is the transaction fees for stablecoins. While Ethereum charges $15 on average, QIE, by contrast, has set it at less than one thousandth of a cent. The numbers give a clear picture of the potential of Qi and how it will change the future of the blockchain.

About the Qi blockchain.Qi– it is a decentralized blockchain,which relies on a PoW (Proof of Work) consensus mechanism to validate and record transactions. It is the most advanced blockchain today, capable of processing over 2,000 transactions per second (TPS), which is significantly faster than Bitcoin's 4.6 transactions per second.

In addition, the Qi blockchain allows you to implementsmart contracts that facilitate the development of projects and decentralized applications (dApps) on it with advanced security protocols, no downtime and no third party control. Smart contracts create a peer-to-peer network for direct transactions between the parties involved, eliminating the need for a central authority.

Blockchain Qi can be used for developmentapplications in finance, gaming, web browsing, advertising, metaversion, identity management, De-Fi, Web 3.0, supply chain management, and data storage and transaction execution. The Qi blockchain provides complete freedom to the end user and is transparent in all aspects, thus ensuring user privacy.

Future Industry Forecasts for Qi.This is where the fun begins, if youlove to play with numbers! According to experts, the blockchain industry is expected to grow at a rate of 85.9% CAGR (“Compound Annual Growth Rate”).

PwC, one of the largest consulting,audit and accounting firms, said in a recent report that blockchain is expected to increase global average capital by $1.76 trillion. These are not just forecasts, but current market trends indicate that this is indeed the case. Although the market has experienced several ups and downs over the past few years and has been largely volatile, technological advances in the field, increased security, the rise of De-Fi gaming, and other industry projects seeking to address current issues have been significant factors driving blockchain growth.

And in the same period, the Qi blockchain became the firstchoice for both developers and investors. If you watch the value of Qie, the native coin on the Qi blockchain, it is on a stable curve, and experts predict that its value will rise. Spending on the blockchain industry is predicted to rise to $19 billion by 2024, up 400% from 2020, so more advances are expected in the coming days and the technology will find applications in a lot of uncharted territory.

Yahoo Finance report says financialinstitutions can save up to $12 billion a year using blockchain technology. Another $17-24 billion can be saved on transaction fees if securities are transferred to the blockchain. As the world has recently realized the true potential of the blockchain, Qi will become the biggest player in the market, bringing the best to the community. Remember, the world has realized that blockchain is here to stay and is now finding use in every industry, whether big or small. And the Qi blockchain, the most advanced of all, will continue to grow!