Qtum is an open supply Proof of Stake (PoS) blockchain application platform. Qtum’s core technology combines a fork of Bitcoin Core, an Account Abstraction Layer allowing multiple Virtual Machines as well as the Ethereum Virtual Machine (EVM) and Proof-of-Stake accord aimed toward braving business use cases.
China’s ICO ban announcement, the Qtum value had soared, raising the token’s market cap on top of $1 billion. once the crash came, it decimated Qtum. Between September 2 and September 5, the Qtum value fell from on top of $18 to below $9–a decline of over 500th.
Since that time, the Qtum value has up over hr. within the past day alone, Qtum has surged 14 July, creating it the sole high 20 cryptocurrency to post a double-digit gain. This has occurred whilst Chinese exchanges have begun delisting ICO-derived tokens, as well as Qtum.
Designed with stability, modularity and ability in mind, Qtum is that the foremost toolkit for building trustworthy suburbanised applications, fitted to real-world, business directed use cases. Its hybrid nature, together with a first-of-its-kind PoS accord protocol, enable Qtum applications to be compatible with major blockchain ecosystems, whereas providing native support for mobile devices and IoT appliances.
Market summary
Current value - $8.03
Market Cap - $473,761,740
Volume (24h) - $40,348,800
Circulating supply - 59,000,000 QTUM
Total supply - 100,000,000 QTUM
SMART CONTRACT LIFECYCLE MANAGEMENT
Qtum, in cooperation with its tutorial partners, develops tools and ways to standardize the work flow for business sensible contract development. This includes the formally verifiable translation of human-readable agreements to machine sensible contracts, and also the error-resilient specification of their components, terms and conditions.
Go Mobile
Building on Bitcoin’s UTXO model, the easy payment verification (SPV) protocol is supported by the Qtum codebase by default. As a result, it's currently doable to execute sensible contracts from lite wallets, which may be simply put in on any given mobile device, heralding an age of mobile decentralised applications.
With this, the blockchain is finally able to take up disruption in a very world within which half of all net traffic is being generated by smartphones and tablets.
OPPORTUNITY
Qtum plans to deliver a business friendly platform which will thrust ahead Blockchain technology. this implies it’s not simply a retail coin, within which a bourgeois will produce invoices for merchandise or services. the chance for business and business to create use of a public ledger is big. For an entity to be ready to sell a product or service, give the client proof of purchase, and so maintain that item throughout its lifetime is priceless.