Qtum

Qtum

Blockchain platform leveraging UTXO, smart contracts, and PoS for diverse industry applications. Learn more

Launch date
Employees
Singapore Singapore (HQ)

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Qtum is an open-source blockchain application platform designed to support a wide range of industries and use cases. It combines the security of the UTXO (Unspent Transaction Output) model with the flexibility of smart contracts and the efficiency of Proof of Stake (PoS) consensus. Qtum operates in the blockchain and cryptocurrency market, serving developers, businesses, and enterprises looking for a reliable and scalable blockchain solution.

The platform's unique features include a Decentralized Governance Protocol (DGP) that allows specific blockchain settings, such as block size, to be modified using smart contracts without requiring a hard fork. This makes Qtum adaptable and future-proof. Additionally, Qtum supports multiple virtual machines, including the Ethereum Virtual Machine (EVM) and ARM VM, enhancing its compatibility with existing blockchain infrastructure.

Qtum's business model revolves around providing a stable and secure environment for developing, deploying, and executing smart contracts. It generates revenue through transaction fees, staking rewards, and partnerships with businesses that utilize its platform for decentralized applications (dApps) and other blockchain-based solutions.

Keywords: Blockchain, UTXO, Smart Contracts, Proof of Stake, Decentralized Governance, Virtual Machines, dApps, Scalability, Security, Enterprise Solutions.