WHITE PAPER QFSpay

QFSpay - White Paper

Digital payment currency of the Quantum Financial System (QFS) - Secure, transparent and backed by real assets

Introduction

QFSpay is an innovative digital payment currency designed to facilitate secure, fast and transparent trading of assets backed by real value, such as GCR (Global Currency Reset), the official currency of Al Arab and the corporate currencies of the NESG Initiative.

Vision

To be the global standard for digital transactions backed by real assets, promoting financial sovereignty and economic inclusion.

Base Technology

Quantum-resistant blockchain
Integration with the Quantum Financial System (QFS)
Self-executing smart contracts
Interoperability with SWIFT/ISO 20022

Technical Architecture

Security

Post-RSA quantum encryption
Multi-factor biometric authentication
Protection against quantum attacks
Periodic audits by firms like Certik

Performance

Real-time transactions (≤ 3 seconds)
Capacity for 1M+ TPS
AI-based dynamic fees
Zero-knowledge proofs for privacy

Interoperability

Bridges with central banks (CBDCs)
Automatic conversion between backed assets
Open APIs for developers
Support for NFT tokens of physical assets

Economic Model

Asset Backing

Gold, silver and precious metals
Certified oil and gas reserves
Sovereign bonds from allied nations
Tokenized digital assets (real estate, art)

Stability Mechanism

Automatic rebalancing algorithms
Strategic reserves in multiple jurisdictions
Quarterly audits by PwC/Deloitte
Insured guarantee funds

Governance and Compliance

Regulatory Framework

Compliance with FATF Travel Rule
Licenses in ZEDE, Dubai, Switzerland
AI-powered KYC/AML
Agreements with correspondent banks

Governance Structure

Council of Allied Nations (G20, G42)
Participation-weighted voting
Independent technical committees
Radical transparency through blockchain

Roadmap 2025-2030

Phase 1: Launch (2025)

Integration with pilot central banks
Mobile app with biometric wallets
Listing on regulated exchanges

Phase 2: Expansion (2026-2028)

Adoption in NESG projects
Integration with traditional payment systems
DeFi platform for backed loans

Phase 3: Maturity (2029-2030)

Automatic conversion between backed currencies
Global network of quantum nodes
Complete financial ecosystem