Qubitica describes itself as a decentralized IT community built by independent developers, companies, and organizations. Their focus is on FinTech, DLT, AI, capital funding, and local market access. The project is currently based at Mauritius with partnerships in the African continent. According to the team, the project has support from educational institutions, universities, and the authorities.
The QBIT is used as a membership token and gives access to the community and various services.