QELT Blockchain is a Layer-1 blockchain network that is compatible with the Ethereum Virtual Machine (EVM) and utilizes a Proof-of-Authority (PoA) consensus mechanism. ^[1] The project, developed by QXMP Labs, is designed to serve as infrastructure for the tokenization of Real-World Assets (RWA). QELT is the underlying blockchain for the QXMP.ai platform, which claims to be backed by a substantial portfolio of verified geological reserves. ^[2]

The ecosystem also includes a native token, QELT, a decentralized exchange (DEX), a cross-chain bridge, and various AI-powered development tools. ^[1]​

Overview

QELT Blockchain positions itself as an RWA-exclusive network built with institutional-grade infrastructure. ^[1] The project's full name is Quantum Enhanced Ledger Technology (QELT). It was formed after QXMP Labs acquired the "Studio Blockchain ecosystem" for a reported $1.5 million. ^[2] The core focus of the QELT network is to bridge real-world physical assets with the decentralized finance (DeFi) sector. The ecosystem is vertically integrated, containing a native oracle for proof-of-reserves, a DEX, and various tools to support developers and institutional users. ^[2]​

The network's architecture is based on Hyperledger Besu, an enterprise-grade Ethereum client, which enables full EVM compatibility. This allows developers to deploy smart contracts written in Solidity and migrate applications from the Ethereum ecosystem to QELT. The choice of a Proof-of-Authority consensus model is intended to provide high transaction throughput, low fees, and fast block finality. ^[1] The project's flagship application is QXMP.ai, a platform for managing and monitoring tokenized RWAs. ^[1]​

A central claim of the associated QXMP project is the backing of its ecosystem by a $1.1 trillion treasury of verified, in-ground geological assets. These assets are reportedly certified under recognized mining standards and audited by a "Big Four" firm. ^[2]

This treasury is intended to collateralize the "QXMP Reserve Stable," a stablecoin designed to operate on the QELT blockchain. ^[3]​

History and Project Evolution

The project associated with the @qeltblockchain social media handle underwent a significant strategic pivot in early 2026, transitioning from an AI dApp development platform to an RWA-focused Layer-1 blockchain. ^[3]​

Studio Blockchain (2024–2025)

The project initially launched under the name Studio Blockchain. Its X (formerly Twitter) account was created in December 2024. ^[3] The platform was presented as an AI-powered ecosystem for creating decentralized applications (dApps) with no-code tools. A key feature was "Louie," an AI assistant designed to convert text prompts into functional dApps. The project's web application was called the "Studio Hub." ^[3]​

The native token for this ecosystem was $STO. A private sale for the $STO token reportedly raised over $40,000 by February 1, 2025. The mainnet for the Studio Blockchain platform was launched on March 15, 2025. During this period, the project identified a developer known as @GoatGameDev as the creator of "Studio and 3D City." On April 17, 2025, The Coop Network was announced as the first project to join the "Studio Blockchain Early Builders Program." ^[3]​

Acquisition and Pivot to QELT (2026)

Around January 2026, the project's public messaging shifted to the QELT Blockchain. The focus changed from AI dApp creation to institutional finance, RWA infrastructure, and a reserve-backed stablecoin. ^[3]​

According to information from the QXMP project, QXMP Labs acquired the entire "Studio Blockchain ecosystem" for STO` token were phased out in favor of the new QELT identity and its focus on serving as the foundational layer for QXMP's RWA operations. ^[3]​

Technology and Architecture

QELT is built on an enterprise-focused technology stack designed for performance, security, and interoperability with the broader Ethereum ecosystem. ^[1]​

Core Blockchain

QELT functions as an independent Layer-1 network. Its core features include:

• EVM Compatibility: The blockchain is fully compatible with the Ethereum Virtual Machine (EVM), supporting smart contracts written in Solidity and enabling the migration of existing Ethereum dApps. ^[2]
• Hyperledger Besu Client: The infrastructure is built using Hyperledger Besu, an enterprise-grade Ethereum client known for its modularity and support for various consensus mechanisms. ^[1]
• AI-Optimized Operations: The project claims to utilize AI-driven systems for network performance tuning, operational efficiency, and smart monitoring. ^[1]

Consensus Mechanism

The network uses a Proof-of-Authority (PoA) consensus mechanism. In this model, a limited set of authorized nodes, known as validators, are responsible for creating new blocks and validating transactions. This approach is chosen for its ability to deliver high throughput and fast transaction finality, with block times cited as being under two seconds. ^[1] The QXMP project refers to this implementation as a proprietary "Q BFT consensus algorithm," designed for deterministic transaction ordering and sub-second block finality suitable for enterprise use. ^[2]​

Ecosystem and Products

The QELT ecosystem comprises a suite of integrated applications and services centered around its RWA focus. ^[1]​

QXMP.ai Platform

QXMP.ai is the flagship dApp of the QELT ecosystem. It is described as a dynamic RWA management platform. Its features include a dynamic proof-of-reserve system, a full RWA oracle for asset pricing, real-time monitoring of assets, and institutional-grade security protocols. ^[1]​

QXMP Oracle Network

The QXMP Oracle Network is a critical component for verifying the assets backing the ecosystem. It operates independently from the QELT chain to ensure data integrity and has no external dependencies. The oracle provides real-time Proof-of-Reserves (PoR) updates with every block. It uses cryptographic signatures, multi-signature attestations for verification, and employs zero-knowledge proofs to maintain the privacy of institutional data. The oracle is built with an API-first architecture to facilitate integration. ^[2]​

QELT DEX

A decentralized exchange (DEX) is planned for the QELT network, with a scheduled launch in Q1 2026. ^[1] The DEX is stated to be compatible with Uniswap v3/v4 protocols and will feature a permanent 0% swap fee policy. Additional planned features include concentrated liquidity, advanced order books for institutional traders, multi-hop routing, flash loans, and a fiat on-ramp. ^{[1] [2]}​

Ancillary Infrastructure and Services

The ecosystem includes several other core components:

• Cross-Chain Bridge: A service for transferring assets between the QELT blockchain and the Ethereum network. It is described as production-ready and supports ETH, USDT, USDC, and DAI. The bridge is operated by a decentralized relayer network and includes security measures like multi-signature validation and emergency pause controls. ^{[1] [2]}
• Staking Platform: A platform where QELT token holders can stake their tokens to earn rewards and participate in network security. ^[1]
• QELT Scan: The native blockchain explorer for the QELT network. It provides real-time tracking of transactions, blocks, and addresses, and includes features for smart contract source code verification and a public REST API. ^{[1] [2]}
• Indexer Services: A high-performance data indexing layer providing REST and GraphQL APIs. It is designed to offer sub-100ms query latency for both real-time and historical on-chain data. ^[2]
• QELT Hub: A planned decentralized social network that will feature wallet-based authentication and on-chain verified identities. ^[1]

AI Tooling

A suite of AI-powered tools is part of the ecosystem, stemming from the project's origins as Studio Blockchain.

• AI Builder Suite: A development suite designed to reduce development time. It features natural language to Solidity smart contract generation, automated security audits, gas optimization algorithms, and one-click deployment to the QELT network. ^{[1] [2]}
• AI Agent Network: A service offering intelligent bots for X (Twitter) and Telegram. These agents provide community automation, price alerts, and transaction monitoring. Access to these agents requires a subscription paid in QELT tokens. ^[1]

Associated Project: QXMP Reserve and Stablecoin

QELT serves as the foundational blockchain for the QXMP project, which is managed by QXMP Labs. QXMP Labs positions itself with the tagline, "The Federal Reserve, reimagined for DeFi," while noting it is not affiliated with the U.S. Federal Reserve. ^[2]​

QXMP Reserve Stablecoin

QXMP plans to launch the "QXMP Reserve Stable," a stablecoin minted 1:1 on the QELT blockchain. The target launch for the stablecoin was late March 2026. ^[3] The project claims the stablecoin will be heavily over-collateralized, with a stated ratio of "1" of the stablecoin's value. ^[3]​

The stablecoin is designed with a "Stable+" growth mechanism. Its value is intended to track the MSCI Emerging Markets Index, aiming to provide both stability and long-term value appreciation. The tracking and verification of this mechanism are managed by the QXMP Oracle. ^[2]​

Real-World Asset (RWA) Treasury

A central claim of the QXMP project is its backing by a $1.1 trillion portfolio of real-world assets. All assets are claimed to be "100% proof-of-reserves" and certified under JORC 2012 or NI 43-101 mining standards, with an audit reportedly conducted by a "Big Four" firm. ^[2]​

As of February 2026, the breakdown of the 12 claimed asset projects was as follows:

Asset Project	Country	Claimed Value	Certification
Rhenosterspruit, Syferfontein, Leonburg, Opraap Project	South Africa	$352.77B	JORC 2012
Sperrgebiet/IDT FZCO - HMS, Diamond & Gold Project	Namibia	$237.50B	JORC 2012
AEM Gold Project	South Africa	$227.66B	NI 43-101
Rhenosterspruit / Syferfontein Project	South Africa	$113.99B	JORC 2012
Chibuto Heavy Mineral Sands Project	Mozambique	$56.25B	JORC 2012
Rhenosterspruit 326 51	South Africa	$38.00B	JORC 2012
West Coast Diamond Project	South Africa	$24.69B	JORC 2012
West Coast Diamond Project	South Africa	$16.80B	JORC 2012
Marlborough Lateritic Nickel Project	Australia	$9.81B	JORC 2012
AEM Gold Project	South Africa	$6.80B	NI 43-101
Kalisma Project	Liberia	$4.10B	NI 43-101
Nkagisang Gold Project	South Africa	$2.60B	NI 43-101

The information above is based on claims made by the QXMP project. ^[2]​

QELT Token

The QELT token is the native utility and governance asset of the QELT blockchain and its ecosystem. The total supply is fixed at 10,000,000,000 (10 billion) tokens. ^[1]​

Utility

The QELT token has several key functions within the ecosystem:

• Gas Fees: Used to pay for all transaction fees on the QELT network.
• Staking: Staked by validators to secure the network and by delegators to earn staking rewards.
• AI Subscriptions: Required to pay for access to the AI Agent Network and the AI Builder Suite.
• Governance: Grants token holders the right to vote on protocol upgrades and other governance proposals.
• DEX Liquidity: Intended to be a primary trading pair on the native QELT DEX.

The utilities listed are based on information from the QELT project website. ^[1]​

Performance Metrics and Network Data

As of February 4, 2026, the QELT project website displayed the following network metrics:

Metric	Value
Transactions Per Second (TPS)	~450
Average Time	< 5 seconds
Average Transaction Cost	$0.002
Active Validators	5
Total Value Locked (TVL)	$42.8 Million
RWA TVL	$18.3 Million
Total Transactions	842 Million
24H Transaction Volume	1.2 Million
Total Holders	12,847
Active Wallets	8,492
Staked QELT	24.3 Million

These metrics are self-reported by the project. ^[1]​