Qtum Cryptocurrency Review. Qtum (Quantum) is an open-source, decentralized project aiming to capitalize on Bitcoin’s achievement while competing in the decentralized application (DAPP) and smart contract market. The Objective is to utilize industry partners and start the first Value Transfer Protocol (VTP). This will enhance daily company routines and allow for easier adoption. In addition, it aims to be the platform with Smart Contracts that execute within an Unspent Transaction Output (UTXO).
QTUM (pronounced “quantum”) is Singapore-based blockchain technology that bridges Ethereum’s intelligent contracts on top of Bitcoin’s secure blockchain while utilizing evidence of stake for verification.
QTUM expects to expand the range and interoperability of contract software, especially for institutional and business purposes. Additionally, QTUM will execute tools, templates, and other semi-smart contract options to simplify the development and implementation of intelligent contracts for companies.
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Qtum Cryptocurrency Review
The idea behind QTUM is to simplify intelligent Contracts and make them more secure when offering interoperability with major cryptocurrencies like Bitcoin and Ethereum.
The QTUM team is Asia-based, and much of the marketing, advertising, and outreach efforts have flocked to Asian markets, specifically the Chinese industry.
QTUM’s team is young. However, they have a strong awareness of the technologies and challenges that lie ahead. Anthony Di Iorio, one of the founders of Ethereum and an early investor in QTUM.
QTUM has also retained advisors from PwC To help with regulatory compliance and accounting. They appear poised to make a significant entry into the business side of clever contracts, especially in Asia. QTUM is undoubtedly worth observing over the forthcoming weeks for substantial expansion.
Qtum Cryptocurrency Review
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