Qtum
Qtum is a Cryptocurrency enabled for Enterprise and Business applications. In October of 2017, Qtum was the 15th largest Cryptocurrency by Market cap.[1]
Features
Combining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM), Qtum merges the reliability of Bitcoin’s unfailing blockchain with the endless possibilities provided by smart contracts. Designed with stability, modularity and interoperability in mind, Qtum is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. Its hybrid nature, in combination with a first-of-its-kind Point of Sales consensus protocol, allow Qtum applications to be compatible with major blockchain ecosystems, while providing native support for mobile devices and IoT appliances.[3]
Smart Contract Lifecycle Management
Qtum, in cooperation with its academic partners, develops tools and methods to standardize the workflow for business smart contract development. This includes the formally verifiable translation of human-readable agreements to machine smart contracts, and the error-resilient specification of their elements, terms and conditions.[2]
Standardization
Cooperating with a series of partners and third parties, Qtum aims to establish a smart contract hub, offering secure and thoroughly tested contract templates, tailor fitted for a multitude of industries and use cases, such as supply chain management, telecommunications, IoT, social networking, and many more.[1]
The platform also enables QR code use for easy payments and transfers.[3]
Roadmap
- 2017 June. TestNet Open Incomplete GUI, Designed for Non-Consumer Developers September. GUI for smart contract interaction in mainnetpublicwallet, stable RPC layer for developers December. Qtum integration and API launch APIs for smart contracts that can be applied to Java Script, iOS, and Android, launch of Qatia Wolat Wallein Qloha for mobile, launch of SpringMail
- 2018 December. Qtum Extensions for the Future Add new features and capabilities to the Qtum AAL, support Oracle for block chaining beyond standard smart contracts, and support Qtum-based community projects[2]