Qbao Whitepaper

Abstract

Qbao is a Qtum based social network that incorporates mobile terminals, desktop,
various web systems and browser plugins, designed to be the “WeChat” built on the
Qtum protocol (the Qbao Platform). This whitepaper sets out the Foundation’s
proposed plan for the network, product design and various application scenarios of
Qbao Platform and the usage of Qbao Token (QBT).

The Foundation aims to serve the Qtum community and global blockchain users,
enabling people to better experience the new generation of blockchain technology,
Qtum, and various other decentralised applications (DAPP) based on Qtum. The
Foundation aims to popularise blockchain technology in the more traditional Internet
fields through Qbao Platform by allowing users to experience the functionality and
charm of blockchain technology. The Foundation’s vision is for Qbao Platform to
become a social network similar to the WeChat network, which has a complete
ecosystem of services and ancillary services.

QBT is a QRC-20 standard token built on Qtum protocol and is the core of the social
network on Qbao Platform. As designed, QBT will be used for the following services /
products:
· A wallet that supports multiple cryptocurrency
· Decentralized peer-to-peer encrypted communication
· Trust Social
· Knowledge payment
· Payment gateway and clearing
· DAPP store
· Emoticons and skin market
· Product promotion engine
· Digital assets exchange
· Community of user generated content

Qbao Website
Qbao Whitepaper

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