Qtum – the latest blockchain advancement
Introducing Qtum’s newest revolutionary blockchain that promises to build decentralised applications that work. Cited as the middle ground between the blockchain community and the business world by Bo Shen, a Managing Partner at Fenbushi Capital, Qtum is a combination of an infrastructure similar to a Bitcoin Core and a version of Ethereum Virtual Machine that is modified to be more inter-compatible. The result is a stable, reliable blockchain suited for real-world use, in particular for business purposes.
No other toolkit offers what Qtum does; it’s hybridity means it offers the best of multiple platforms to produce the very best user experience. The PoS consensus protocol makes Qtum applications compatible with all major blockchains and supports both mobile devices and IoT appliances.
With Qtum’s technology, established sectors will find it much simpler and more secure to create tokens, partake in self-executing agreements, and many industries will find that this technology allows them to operate in a more standardized way. Qtum have done everything in their power, including engaging with outside partners, to offer users the most reliable, foolproof system they possibly can, reducing the likelihood of errors and faults that can set a business back. The Qtum technology was produced with all industries in mind, and those working in telecommunications, social networking or IoT, to name just a few sectors, can expect to greatly benefit from the use of this blockchain.
Bloq, one of the largest blockchain startups is backing the Qtum technology after teaming up with the Enterprise Ethereum Alliance. Bloq, nowadays known as Bloqlabs, is fully in support of promoting open-source initiatives, and it is hoped that the partnership with Enterprise Ethereum Alliance is a big step towards improving the standard of open-source initiatives across the board and help to bridge the gap between the original open-source communities and larger companies now onboard.
For more information on the QTUM crowdsale, please visit: www.qtum.org/en/crowdsale
Qtum is a hybrid blockchain application platform. Its core technology combines a fork of bitcoin core, an Account Abstraction Layer allowing for multiple virtual machines including the Ethereum Virtual Machine (EVM) and Proof-of-stake Consensus aimed at tackling industry use cases. The Qtum Foundation, headquartered in Singapore, is the decision-making body that drives the project development. The Qtum Foundation has engaged one of the world’s leading professional service providers, PwC, for project management support.