1. The origin of Qtum
Bitcoin brought us a blockchain and Ethereum presented smart contracts and prepared the basic chain. Since then, various cryptocurrencies have emerged. And the currency based on the Ethereum network (such as Colem, 0x) basically covers the top 100 currency in market capitalization, which makes bitcoin looks not so good. But for both Ethereum and Bitcoin users, they are mutually exclusive, and Ethereum's community and bitcoin systems are incompatible. So the Qtum, appears with an ecosystem that allows the two giants to be in harmony with one another.
2. The introduction of Qtum project
Qtum is the first POS smart contract platform based on UTXO model, which can achieve compatibility with bitcoin ecology and Ethereum ecology, and promote the productization of blockchain technology and improves the ease of use of the blockchain industry, aiming to connect the real business community with the blockchain world.
At present, Qtum is actively establishing partnerships with many industry alliances, blockchain leaders and related academic research institutions. It is one of the founding members of the TrustedIOT Alliance in the United States and is also a member of Chamberof DigitalCommerce. It is also a member of the Singapore Virtual Currency and Blockchain Industry Association.
The goal of Qtum is to become the world's leading blockchain platform, and also to advance the progress of blockchain technology and the development of the entire industry. It aims to establish a smart contract hub by collaborating with a series of partners and third parties to provide secure and tested contract templates for various industries and use cases, such as supply chain management, communications, Internet of Things, and social networking. Media and so on.
3. How about the future potential of Qtum?
Qtum is already one of the three largest public chains in China. It is a full-node distributed network with a block size of 2M and supports smart contract development. More than 30 Dapps have already landed on the Qtum platform, covering the Internet of Things, IP, market forecasts, healthcare, clean energy and so on.
After the quantum chain was issued, it performed well in the market, the market value was once over one billion U.S. dollars and it became the ”Internet celebrity” in digital currency? it currently ranked 19th in market value of global cryptocurrency assets. Moreover, there were continuous good qtum news has been reported, for example:
3.1 HALALChain announced to build a global food transparent supply chain system based on Qtum in November 2017.
3.1 On November 21, local time of the Cayman Islands, Qutm announced the cooperation with adtech and micro-taskinnovator project StromX to integrate the global advertising technology market.
3.3 Hcash will implement cross-chain transactions based on Qtum and build a smart contract token ecosystem
3.4 AWARE will develop digital asset investment management platform based on Qtum.
Although the qtum price has been declining since the end of 2017, but the overall price in 2018 is always higher than in 2017, which is difficult for a currency that has not been issued for a long time, and with it’s excellent technology and the development trend, I personally think that the future of qtum is still very bright.