IQT ARE TRADING IN:

Specification

  • 1.�DPOS+PBFT Consensus mechanism

  • 2. Design of remote delegated equity agency to optimize the participation of small asset account

  • 3.�Effective equity assets IQT confirmation mechanism

  • 4.�Basic asset IQE

  • 5.�Design and storage of Blockchain Ledger

  • 6.�Sidechain extension

  • 7.�Smart contract deployment

Advantage

After taking many factors into consideration, iquant Chain finally chose a consensus mechanism of DPOS and PBFT. Our goal is to achieve fast block chain confirmation, reliable block chain ledger and high fault-tolerant rate.
The owner of IQT effective equity need to arrange all nodes of iquant chain so that they can become the candidates of consensus nodes. The arrangement of IQT nodes has requirements of reliable and robust Internet, server and storage, etc. Not all the equity owners can install the nodes. Remote delegated equity agency mechanism enables those equity owners to authorize their vote equity to other trusted nodes. When these nodes become consensus nodes, the corresponding block rewards will be distributed to the real equity owner in proportion.
IQT is an equity proof of DPOS consensus algorithm in this platform. Before the release of IQT main-net chain, IQT was firstly delivered as an ERC20 token whose total supply is 100000000. When the main-net chain development has been finished, the ERC 20 assets will be transferred to main-net chain.
IQT, as the equity asset of iquant Chain, will choose 101 consensus nodes according to valid equity and remote delegated equity. IQT is mainly used for equity confirmation. The basic asset IQE will also be generated and distributed as block reward. IQE's functions are:
- Block rewards
- Transaction fee of trading
- Transaction fee of digital assets launch and deployment
- Transaction fee in trading with side chain
- Transaction fee of deployment and execute smart contract
IQT, as the equity asset of iquant Chain, will choose 101 consensus nodes according to valid equity and remote delegated equity. IQT is mainly used for equity confirmation. The basic asset IQE will also be generated and distributed as block reward. IQE's functions are:
Trans-Chain data interaction and application will be achieved through side chain expansion.
Smart contract can be used to manage assets in a intelligent and reliable way. It can also reduce trust risks.

Team

Mr. Leo Chen
CEO of iquant Chain
As the founder and Chief Marketing Officer of 5iquant, Chen is a senior financial expert who has in-depth study and experience on global asset allocation and quantitative trading. Skilled in big data mining and analyzing, experienced in digital currency trading and has more than 5 years senior management experience in Fortune 500 companies.

Mr.Aaron Zhao
iquant CTO
He is one of the iquant founders and its CTO. He had rich experience in early block chain technology exploration and research, and was the professor of Shen Zhen University. As the engineer of Collective2, he has experience of ten years working on data exploration and software structure and development.

Mr. Tony Hu
iquant Chain Co-founder COO
Co-founder as well as COO of 5iquant, majored in Administration of Industrial and Commercial Enterprise and started business since Y2008, he is highly experienced in global market investment, quantitative model investment and digital currency investment, and also practically experienced in market research, channel construction, commercial cooperation and business model. Serving many years as senior executives in listed companies, he is a strong supporter and researcher of block chain industry.

Mr. Matthew Klein
adviser of iquant
As the founder of Collective2 and a pioneer in block chain industry, he has considerably thorough research on the quantitative trading of global stock, futures, option and foreign exchange as well as related system construction and trading strategies, and knows well about the development of global quantitative trading industry especially overseas.

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