Quicktoken at STEP CONFERENCE 2023 in the UAE. This startup will allow tokenization of receivables.

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Quicktoken

The Quicktoken (QTK) platform is making waves in the financial world with its innovative approach to tokenizing financial assets. QTK is a new kind of blockchain-based platform that allows banks and businesses to quickly and securely sell loan portfolios in tokens, while investors can gain passive income from their investments.

The platform offers many features that make it attractive to both buyers and sellers. Banks and businesses are able to provide minimal risk (at the Basel level) and predetermined passive income, while investors are able to generate income in fiat currencies as well as additional income from betting in QTKX dollars.

What sets QTK apart from other platforms is its use of Collateralized Debt Obligations (CDO), a financial asset used since the 1980s. This allows buyers to be assured that their tokens are backed by real assets instead of speculation or fiction. With this feature, QTK has made investing in tokenized financial assets simpler than ever before, making it easier for banks and businesses to issue new loans, while giving investors a safe way to earn passive income from their investments.

QTK NFT

Quicktoken is a blockchain-based platform for the tokenization of financial assets, allowing banks and businesses to turn their loan portfolios into tokens and issue new loans. Investors can buy these tokens with QTKX, the platform’s internal token, and earn passive fiat income upon redemption. By tapping into this technology, Quicktoken makes it easier to invest in tokenized loan portfolios while minimizing risk.

The process starts when the bank redeems its loan portfolio through the Quicktoken platform. The portfolio is then issued as a QTK NFT token, which is available for purchase on the platform or secondary market exchanges such as Binance and Coinbase Pro. Once purchased by an investor, they have access to this asset’s potential returns while being able to monitor its performance from anywhere in the world.

At maturity, the bank automatically redeems the portfolio according to previously agreed terms, burning the corresponding amount of tokens. The investor receives his/her profits in fiat currency directly deposited into their bank account without any additional fees or delays. This ease of access along with low costs makes Quicktoken one of the most attractive options for investors looking for passive income generated from tokenized investments.

The startup participated in exhibitions HUB71 and STEP CONFERENCE 2023.

author avatar
Vitalii Minka
I have a strong commitment to goals and deadlines, and I have set high standards for myself, a highly motivated individual with a passion for economics and finance. I have a strong work ethic and am committed to meeting goals and deadlines. In addition, I stay up-to-date on the stock market by regularly reading news from the stock market. I also use self-study methods such as Coursera and Netology to stay ahead of current trends in economics and finance. -I consider the most interesting tasks, where initially there is no clear plan of "correct" actions Undergraduate diploma theme: "Estimation of agrolandscape condition using remote sensing tools" (Winter barley yield forecasting using space images) Scientific publications: - Minka V.S. Babenko I.V. Kopyl Problems and prospects of asset securitization in the Krasnodar Territory // Forum of young scientists. №4 (22). 2018 - Minka V.S. Babenko I.V. The study of citizens' awareness of the securities market // Forum of young scientists. №4 (20). 2018 - Minka V.S. Ryndina I.V. Securities as a tool of monetary regulation // Economics and socium. №26 (37). 2017 - Minka V.S. Babenko I.V. Methodology of bank investment in the securities market // Forum of young scientists. №6 (22). 2018. Since 2015 I am engaged in online sales through the Internet site Avito, more than 150 completed transactions, at the moment I have 52 reviews (5 stars). Hobbies: Numismatics and antiquities Hobbies: I am involved in athletics, taking part in competitions.

One thought on

Quicktoken at STEP CONFERENCE 2023 in the UAE. This startup will allow tokenization of receivables.

  • Aleksei Dolgikh

    crunch/DUBAI – Dubai’s StartUPs and people are great to see that Quicktoken ltd is truly paving the way in revolutionizing the financial industry! It’s inspiring to see how their innovative approach is helping banks and businesses sell loan portfolios securely in tokens while investors gain passive income. Can’t wait to see what QTK achieves in the future. Thank you for sharing this insightful article!

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