North Macedonia
Innovators/Entrepreneurs
Date of the expedition
From 20/11/2024 to 20/05/2025
Selected Track
Open Ideas
Project title
QX Chain
Host Organization
Arizona State University (ASU)
Media
Biography
Zoran Nasteski is a tech entrepreneur and innovator, currently Co-Founder & CEO of QX, a deep-tech company leveraging Small Language Models, blockchain, and decentralized identity to deliver secure, user-centric solutions. He’s successfully raised capital from prominent investors like CDP Italy, Startup Wise Guys, Startupbootcamp, EBRD, and NGI TrustChain. Zoran’s entrepreneurial journey includes participation in global programs like GES and YTILI, meeting leaders like President Barack Obama and Daymond John. Currently an NGI Enrichers visiting scholar at Arizona State University, Zoran combines innovation and social impact, exemplified by launching a student-led initiative raising $30,000 for children needing critical surgeries.
Project Summary
The QX Chain project addresses the growing challenge of declining consumer trust and privacy in an era dominated by centralised digital platforms. Traditional platforms frequently compromise user data, resulting in costly and ineffective brand-consumer interactions. To resolve this, QX Chain is pioneering a blockchain-based infrastructure that prioritises consumer privacy, genuine loyalty, and meaningful brand engagement. Utilising an innovative nominated proof-of-stake (NPoS) blockchain architecture, the solution promises reduced costs, enhanced transparency, and higher scalability for enterprise applications. Furthermore, QX Chain strategically expands into Self-Sovereign Identity (SSI) and Decentralised Identity (DID), empowering consumers with greater data autonomy. Developed collaboratively with blockchain experts and academic partners at Arizona State University, QX Chain positions itself as a future-ready, transatlantic initiative aimed at setting new standards in enterprise blockchain solutions for both European and U.S. markets.
Key Result
During his NGI Enrichers fellowship, Zoran Nasteski advanced the QX Chain white paper, collaborating with blockchain scholars and students from Arizona State University (ASU). This research outlines a nominated proof-of-stake blockchain emphasizing scalability, energy efficiency, and decentralized identity solutions.
Participation in the SRP Small Business Academy at ASU greatly boosted the project’s visibility, with Zoran emerging as one of the top five finalists among 68 competitors. This accomplishment created critical networking opportunities, laying the groundwork for potential pilot collaborations with Salt River Project (SRP) and ASU’s procurement team. Additionally, Zoran began assembling an Arizona-based company and recruiting local talents, setting the stage for significant transatlantic growth.
Impact of the Fellowship
During his NGI Enrichers fellowship, Zoran Nasteski significantly advanced the QX Chain blockchain initiative. He began drafting a detailed white paper on a nominated proof-of-stake architecture emphasizing scalability, consumer privacy, and decentralized identity solutions. Collaborations with blockchain researchers and professors at Arizona State University (ASU), notably Professor Dragan Boscovic, greatly enriched this research.
Zoran also strengthened strategic ties in the U.S., successfully participating in ASU’s J. Orin Edson Entrepreneurship + Innovation Institute and the Phoenix Venture Café. His standout performance at the SRP Small Business Academy, where he ranked among the top five finalists out of 68 ventures, facilitated valuable connections with organizations such as Salt River Project (SRP), setting the stage for future pilot deployments.
Currently, Zoran is actively pursuing the establishment of an Arizona-based C-Corporation, recruiting local talent, and exploring collaboration with venture capital firms like Plug and Play Arizona and America’s Seed Fund, solidifying a robust transatlantic entrepreneurial presence.
During his NGI Enrichers fellowship, Zoran Nasteski significantly advanced the QX Chain blockchain initiative. He began drafting a detailed white paper on a nominated proof-of-stake architecture emphasizing scalability, consumer privacy, and decentralized identity solutions. Collaborations with blockchain researchers and professors at Arizona State University (ASU), notably Professor Dragan Boscovic, greatly enriched this research.
Zoran also strengthened strategic ties in the U.S., successfully participating in ASU’s J. Orin Edson Entrepreneurship + Innovation Institute and the Phoenix Venture Café. His standout performance at the SRP Small Business Academy, where he ranked among the top five finalists out of 68 ventures, facilitated valuable connections with organizations such as Salt River Project (SRP), setting the stage for future pilot deployments.
Currently, Zoran is actively pursuing the establishment of an Arizona-based C-Corporation, recruiting local talent, and exploring collaboration with venture capital firms like Plug and Play Arizona and America’s Seed Fund, solidifying a robust transatlantic entrepreneurial presence.