QPC is initiated by the American Phoenix International Foundation and developed by the original technical development team of Ripple. It aims to build a public infrastructure chain that serves the digital economic era of the future. The project is dedicated to the research and development of blockchain underlying technologies, achieving the leap from the payment network Ripple to the value network Quick Payment Chain. This provides reliable support for various blockchain applications, meets the large-scale commercial needs of the physical world, and promotes the true implementation and application of blockchain technology in various fields and industries.
On the public chain, QPC can be used as a computing power fee, exchange fee, transaction fee offset, user incentive, and service payment.