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QuickX is a novel protocol designed specifically to cure the many fatal flaws that are hindering the mass adoption of Cryptocurrencies today. It performs transactions off the chain for same Blockchain assets and utilizes pooling facilitators who supply liquidity for cross chain transfers of crypto assets. QuickX is an innovative, decentralized platform that is intended to provide effective solutions to some critical problems with blockchain technology.
These include time, cost, scalability, and cross-transfer of blockchain assets, while making cryptocurrencies suitable for mass adoption in day-to-day transactions, at the same time providing solutions to enterprises.
Similar to traditional electronic transfer mechanisms, QuickX provides instant, seamless transfer of different cryptocurrencies between two parties. This transfer occurs without users having to pay a high network fee; the utilization of pooling facilitators who facilitate cross-chain transactions instantaneously, drastically reduces the costs.
QuickX features a multicurrency wallet, a multicurrency debit card, a cryptocurrency swap option, and a payment gateway using the QuickX Protocol. These features make cryptocurrencies viable in non-virtual global transactions suitable for the masses.