Review on Qtum by Eve Vallenilla

To survive in the global marketplace, companies must evolve at the pace of technology. This implies adapting your internal processes to the most sophisticated intelligent solutions that allow you to optimize financial and human resources and save time in asset management and administrative and operational processes.

To solve many of these approaches, the Qtum platform has emerged.

Qtum has been designed thinking about providing a set of solutions to organizations, through the use of smart contracts provided by the Ethereum network technology that serves as the base infrastructure for the management of its operations.

But, what additional benefits do users receive from the Qtum platform?

• Provides a consensus mechanism that grants fair conditions to all participants in the mining extraction process, it is the proof of participation, which eliminates bureaucracy in mining activity.

• Provides efficiency in the management of commercial transactions since the validation period is carried out through UTXO

• Allows interaction between the Ethereum infrastructure and the Bitcoin network, through specific applications or through the use of oracles, which are responsible for capturing relevant information from smart contracts and perform the conversion between account balances of both cryptographic protocols

What types of solutions does Qtum provide to business organizations?

Qtum supports business management through smart contracts, plug and play technology, which use predetermined formats called templates that can be adjusted to your particular requirements in each case.

The main attraction of Qtum is that it combines the best of Bitcoin and the Ethereum network in a single infrastructure, solving the setbacks that these two networks present.