Coin Of The Day – Quantum (QTM)
🔹Quantum (QTUM) – Predicted price for February 2019: $82
What is Quantum (QTUM)?
Quantum (QTUM) is an open source, a decentralized project that aims to capitalize on the success of Bitcoin while competing for the Decentralized Application (DAPP) and Smart Contract market. The goal is to work with industry partners, and launch the first Value Transfer Protocol (VTP). This will streamline daily business routines, and allow for easier adoption. Qtum aims to become the platform with Smart Contracts that execute as part of an Unspent Transaction Output (UTXO).
On the one hand, the Qtum blockchain uses the UTXO model (unspent transaction outputs, or a set of unused transaction outputs), along with this, a virtual machine for smart contracts on the analogy with Ethereum is built in over the Qtum blockchain. Thus, the Qtum blockchain combines the proof-of-work consensus and the smart contract technology.
The Qtum Foundation Company that is implementing
the project is located in Singapore and was founded by Patrick Dai, the developer of the Chinese origin.
Upcoming news:
Qtum (QTUM) – Satellite Node Launch making them the first blockchain network with a full node in space
Qtum (QTUM) – Airdrop for QTUM holders
Sora Foundation with the help of QTUM aims to build a Better Blockchain Community in Asia! Also, more future partnership announcements to come!
Important partnerships
Blockchain Research Center, BTN Foundation teamed up with QTUM to oversee the development of “next-generation smart-contract virtual machines, smart contracts security and formal verification
Partnership with Agrello’s AI to support smart contacts on QTUM’s blockchain
Strategic collaboration with Baofeng Bokocloud to achieve the world’s first blockchain consensus network service
Partnership with 360 Finance, a subsidiary of Qihoo 360; a leading Chinese cyber security company
Partnership with Vanywhere
Expected to announce five other major partnerships this year.
This is my new daily pick of the gem coin that should perform great through the year and can be added to the long-term HOLD list.