Setting Industry Standards Cooperating with a series of vrouwen and third parties, Qtum aims to establish a brainy contract hub, suggesting secure and accurately tested contract templates, tailor fitted for a multitude of industries and use cases, such spil supply chain management, telecommunications, IoT, social networking, and many more.
Qtum (Quantum) is an open source, decentralized project that aims to capitalize on the success of Bitcoin, while contesting for the Decentralized Application (DAPP) and Clever Contract market. The aim is to work with industry vrouwen, and launch the very very first Value Transfer Protocol (VTP). This will streamline daily business routines, and permit for lighter adoption. Qtum aims to become the toneelpodium with Wise Contracts that execute spil part of an Unspent Transaction Output (UTXO).
The Qtum Foundation is a Singapore based entity that promotes adoption of the Qtum Blockchain. Project inception began te March 2018, leading up to a successful crowdsale a year zometeen. Overheen Ten,000 BTC and 72,000 ETH were raised ter less than Five days, making Qtum one of the largest crowdfunded projects ter history, at $15.6 million dollars.
Qtum is an open source Proof of Stake (PoS) blockchain application toneel. Qtum&rsquo,s core technology combines a fork of Bitcoin Core, an Account Abstraction Layer permitting for numerous Imaginario Machines including the Ethereum Potencial Machine (EVM) and Proof-of-Stake overeenstemming aimed at tackling industry use cases.
Wij believe this will permit Brainy Contracts and Decentralized Applications (DApps) to run on a hogareño foundation, while suggesting a sturdy environment for developers. The underlying technology uses an &ldquo,Account Abstraction Layer&rdquo,, which acts spil a bridge inbetween the EVM and the Unspent Transaction Output monster of Bitcoin Core. Building on Bitcoin&rsquo,s reliable and proven-to-deliver blockchain, Qtum stacks its Account Abstraction Layer, permitting the Bitcoin Core 0.13 blockchain to seamlessly interact with the Ethereum Imaginario Machine (EVM). With this innovation it is now possible to execute clever contracts and run DApps, simply and securely, ter environments that were previously out of reach for Ethereum, combining the endless possibilities provided by clever contracts with the stability and maturity of the bitcoin ecosystem. There will also be Oracles and Datafeed functionality, permitting developers to create Brainy Contracts built around trusted sources of information.
The Qtum Foundation plans to be the public blockchain for business. Development efforts will permit us to market this toneelpodium to various industries, such spil: Mobile Telecommunications, Counterfeit Protection, Finance, Industrial Logistics (shipping, warranty, etc), and Manufacturing.
Build decentralized applications you can trust
Combining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Imaginario Machine (EVM), Qtum merges the reliability of Bitcoin&rsquo,s unfailing blockchain with the endless possibilities provided by wise contracts.
Designed with stability, modularity and interoperability te mind, Qtum is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. Its hybrid nature, te combination with a first-of-its-kind PoS overeenstemming protocol, permit Qtum applications to be compatible with major blockchain ecosystems, while providing native support for mobile devices and IoT appliances.
Qtum makes it lighter than everzwijn for established sectors and legacy institutions to interface with blockchain technology. Create your own tokens, automate supply chain management and engage ter self-executing agreements ter a standardized environment, verified and tested for stability.
Clever Contract Lifecycle Managment
Qtum, ter cooperation with its academic vrouwen, develops devices and methods to standardize the workflow for business clever contract development. This includes the formally verifiable translation of human-readable agreements to machine brainy contracts, and the error-resilient specification of their elements, terms and conditions.
Setting Industry Standards
Cooperating with a series of playmates and third parties, Qtum aims to establish a clever contract hub, suggesting secure and meticulously tested contract templates, tailor fitted for a multitude of industries and use cases, such spil supply chain management, telecommunications, IoT, social networking, and many more.
Building on Bitcoin&rsquo,s UTXO monster, the elementary payment verification (SPV) protocol is supported by the Qtum codebase by default. Spil a result, it is now possible to execute wise contracts from lite wallets, which can be lightly installed on any given mobile device, heralding an age of mobile decentralized applications.
With this, the blockchain is eventually ready to take up disruption te a world te which half of all internet traffic is being generated by smartphones and tablets.
Account Abstraction Layer
Qtum extends Bitcoins ‘Script’ language so that it functions spil a voertuig to wegtransport code to Qtum&rsquo,s version of the EVM. With this, it is now possible to execute wise contracts and run decentralized applications, simply and securely, ter environments that were previously out of reach for turing-complete blockchains, combining the endless possibilities provided by wise contracts with the stability and maturity of the bitcoin ecosystem.
Cross Toneel and Backward Compatibility
Qtum is compatible with existing Ethereum contracts spil well spil Bitcoin gateways, and will maintain backward-compatibility even if the system is updated.
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