Business/Technical Progress:
1. Develop the QLCChain swap module
2. NFT asset on QLCChain architecture design
3. Test the DoD billing network
4. MEF DID on QLCChain discussion
5. MEF Forum members — HGC Intl, DCConnect Global, and QLCChain under the auspices of MEF have successfully proved in the MEF 3.0 Proof of Concept (PoC) Program.

Community Progress:
1. Organized Special Meme Contest for the community on Feb 9, 2021, and announced winners on Feb 22, 2021
2. QLC team hosted an AMA in the telegram group on Feb 26, 2021, at 8 AM EST with Allen.
3. Created a discord handle for QLCChain and announced it to the community on Feb 10, 2021.
4. QLC team released the roadmap for 2021 on Feb 3, 2021, through Twitter.

We are excited to announce that MEF members — HGC Global Communications, DCConnect Global, and QLC Chain under the auspices of MEF have successfully proved in the MEF 3.0 Proof-of-Concept (PoC) Program that combining MEF Lifecycle Service Orchestration (LSO) APIs and DLT-based Smart Bilaterals as part of its new Commercial and Operational framework (W114), can overcome cross-partner business process challenges that cost the telecom industry hundreds of millions of dollars annually.

Tremendous thanks to MEF, DcConnect, and HGC for the support in this major achievement.

https://www.mef.net/engage/mef-3-0-proof-of-concept-program/

The AMA was held on the QLC Chain telegram group on February 26. We also prepared this summary for you to get the gist:

Q: If Qgas has to work on ampl model it has to be elastic supply but qgas max supply is capped to 100 million. Does it mean Qgas supply is going to increase beyond 100 million? example: Imagine Alice buys 1 AMPL for $1. As demand for AMPL suddenly increases, 1 AMPL is now worth $2 which is above our target price of $1.009. …

Special Meme Contest Announcement — 150 USD worth QLC Giveaway

🎉 X 10 random will get each $15 QLC.

☑️Post your Meme for QLC
🗓Feb 10, 2021 — Feb 20, 2021 17:00 EST

How to participate?
✅Like and retweet this post “Special Meme Contest”
✅Create memes related to $QLC
✅Follow @QLCchain on Twitter
✅Tweet your Memes with the following tags @QLCchain, #MemeContest, #QLCChain, and #QLC
✅Join QLC telegram group (t.me/OfficialQLCChain) & announcement channel (t.me/officialqlcchainann)

Rules of the contest
1️. You can create as many memes as possible to increase your winning chance
2️. QLC review team has the final authority to decide the winner decision
3️. QLC review team shall have the right to remove any participants if they identify fake or suspicious activities
4️. QLC team has full rights to use the memes you have created

Business Progress
1. The first invoice from the HongKong based cloud communication service provider is generated on QLCChain
2. MEF hosted 3 QLCChain nodes for the data demand billing service
3. Completed unified API for global operators joining QLCChain network
4. Completed QLCChain DeFi milestone
5. QLCChain based billing platform is collaborating with a bank to support the operator’s investment of network infrastructure

Community Progress
1. Re-created new group (https://t.me/OfficialQLCChain) and announcement channel (https://t.me/officialqlcchainann) in telegram
2. Appointed new admins to moderate the telegram community, manage social media, and proof-read content
3. Completed QLC AMA with Allen Lee on Jan 22, 2021
4. Organized QLC AMA Re-cap Airdrops Campaign worth 50K QLC for 500 lucky winners on Jan 23, 2021, and completed on Jan 26, 2021

The AMA was held on the QLC Chain telegram group on January 22. We also prepared this summary for you to get the gist:

Q: Will the buyback and burn program be restarted?

A: Yes, the task is in the team execution pipeline and would be restarted at the proper time

Q: Will an updated roadmap be released?

A: Here’s the roadmap for the first 3 quarters:

Q1, 2021:

• To release DoD billing platform and invite 10+ operators joining this platform
• To support the oracle integration on the QLC chain to support industry customers.

Q2, 2021:

• To support layer 2…

Dear QLC Community,

To start off this update, the QLC team would like to thank the community for your continued support and contributions to our team. So, as of now, we are working on developing our current technology in Cross-chain swaps.

DeFi Update- QLC Cross-chain Swap

After the creation of the new MEF standard, which was initiated by QLC Chain, we plan on launching a new DeFi product! This new venture will be a supplement to our current financial services with the implementation of the new QLC ERC20 Token.

QLC ERC20 Token

The QLC cross-chain swap is designed to allow…

It was our great pleasure to participate at the inaugural CBAN Showcase event held virtually from 3 -5 November 2020.

This three day event included participation from prominent CBAN member representatives and industry participants and served as a platform to present and discuss new opportunities and challenges in the telecom industry.

The progress made during the last three years in regard to automatization, as well as the ever-evolving market, have brought forth the necessity for service providers and technology developers to work together to automate business communication.

The market requires the evolution of more complex B2B and B2C products with…