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The next-gen high performance Layer-1 blockchain platform called the Qubic Project which is popularly known for integrating decentralized AI by utilizing free transactions has recently partnered with global payment gateway Alchemy pay to allow users in 173 countries worldwide easily buy their native coin. The platform uses one of the fastest smart contracts in the world of blockchain technology and its native coin is called $QUBIC. Unlike the mostly used traditional Proof-of-Work by various protocols, QUBIC uses the Useful-Proof-of-Work which utilizes mining-related computational power for more than just validating purposes, but also for the training of AI models aiming at enhancing security and making positive contributions towards AI research. The project name QUBIC is short for Quorum Based Computation and it was founded by Sergey Ivancheglo (Come-from-beyond) who is also the co-creator of the NXT and IOTA projects. In previous times, most people used to find it difficult to access the coin due to KYC verification limitations on exchanges etc. Investors no longer need to buy a coin, transfer it to an exchange that has QUBIC listed , convert it before sending it to their wallet. This steps also costs more and new users were likely to loose their tokens halfway. With this new approach , investors and users can now make their purchases with just a few clicks. This partnership is likely to attract more Angel Investors to the Qubic project and more users to the global payment platform called Alchemy Pay. Below are a few things you should know about the Qubic platform.
Useful Proof-of-work (UPoW):
It is capable of channeling conventional mining power and turning it into productive AI model training like Aigarth AI model rather than using random cryptographic guessing.
Quorum Driven Consensus:
It can maintain security on transactions using 676 specialized computors to validate the network and at least 451 of the nodes must approve before network transactions are finalized.
Gas Fee free transactions:
The platform supports gas fees free transactions just like the hive blockchain meaning users can send their native tokens without having to pay transaction fees.
Tokenomics:
With the use of smart contract execution , spent tokens are burned and taken out of circulation.
With Alchemy Pay , your region is automatically detected. Some global cards and wallets supported are Visa, Mastercard, Google Pay, Apple Pay and JCB.
LATIN AMERICA:
SPEI in Mexico , PIX in Brazil
ASIA:
QRIS in Indonesia, UPI in India, VietQR in Vietnam including e-wallets and bank transfer in the Philippines and Malaysia.
EUROPE:
SEPA Instant
AFRICA:
Mobile Money and local bank transfers in Nigeria , South Africa and Kenya.
Watch this tutorial for a guide on how to create a QUBIC account.
You can create your QUBIC account here:
I am currently in Nigeria, so I will be showing my fellow Nigerians step-by-step guide on how they can easily purchase the QUBIC coins via Alchemy Pay.
How to buy $QUBIC using ALCHEMY Pay.
head over to https://ramp.alchemypay.org and select your country currency. In this case it is Nigerian Naira (NGN). The least amount of QUBIC you can buy is 21,067 NGN worth which can buy you 33701362.88 QUBIC
A page will pop up and you will be asked to fill in your email address. Click “PROCEED” after filling in email address
A verification code will be sent to your email.
STEP 1
After verification, move on to the payment page where you are asked to fill in your Qubic wallet address
STEP 2
Select the “BANK TRANSFER” payment method
Complete identity information by filling in your NIN
Move on to complete your ID proof and Selfie
Select “CONTINUE” to start Face verification
Tap “ALLOW” to allow Alchemy access to your device camera
This is me completing my Face verification
My ID Proof and Selfie Verification Suceeded. Now click on Process
STEP 3
A heads up about scam scenarios will pop up, after reading it , Select “GOT IT”
Fill in the details like your First name, Last name, Country, Address
Move on to fill in your NIN, BVN, Date of Birth, Email and Phone number and click on “PROCEED TO PAYMENT”
Send Payment to the Account number provided and make sure it’s the correct account, then click on “I HAVE COMPLETED THE PAYMENT”. You have 30mins max to do this
YOU ARE GOOD TO GO!!!!
To know more about supported countries and payment methods, read this article
Join the Official QUBIC Discord server and meet with other community members and get your questions answered.
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