• Crypto Lists
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Altcoin
  • Advertise With Us
  • Join our Telegram Community
Newsletter
ItsBlockchain
  • Blockchain
  • Bitcoin
    crypto policy

    Crypto Confusion and Problematic Policies of buying cryptocurrencies

    crypto gpu mining

    Cryptocurrency Trend: How GPU Shortage Is Affecting The Mining?

    keep bitcoin safe

    Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

    featured image

    A Beginner’s Guide to Bitcoin futures trading

    crypto traders 2021

    Top 5 Crypto traders to follow on Twitter in 2021

    featured image

    Bitcoin IRA – Everything You Need to Know

    featured image

    How Bitcoin can be hacked?

    featured

    A starter guide to Bitcoin Options trading

    Featured Image

    With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

    Trending Tags

    • Altcoin
    • Crypto Lists
    • Crypto Market
    • Guide
    • NFT
    • DEFI
    No Result
    View All Result
    • Blockchain
    • Bitcoin
      crypto policy

      Crypto Confusion and Problematic Policies of buying cryptocurrencies

      crypto gpu mining

      Cryptocurrency Trend: How GPU Shortage Is Affecting The Mining?

      keep bitcoin safe

      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

      featured image

      A Beginner’s Guide to Bitcoin futures trading

      crypto traders 2021

      Top 5 Crypto traders to follow on Twitter in 2021

      featured image

      Bitcoin IRA – Everything You Need to Know

      featured image

      How Bitcoin can be hacked?

      featured

      A starter guide to Bitcoin Options trading

      Featured Image

      With Bitcoin Mining Capitulation Coming to an End, Will Halving Pump Begin?

      Trending Tags

      • Altcoin
      • Crypto Lists
      • Crypto Market
      • Guide
      • NFT
      • DEFI
      No Result
      View All Result
      ItsBlockchain
      No Result
      View All Result
      Home Cryptocurrency

      Why you should buy Qtum

      Ramaa Mohan by Ramaa Mohan
      October 11, 2018
      in Cryptocurrency
      0 0
      0
      Why buy Qtum
      55
      SHARES
      85
      VIEWS
      Share on FacebookShare on Twitter

      Decentralisation was first introduced to the world by Bitcoin in 2009. Though there was a lot of backlash that the market and the community got during its infancy, the market has evolved over the last ten years into something that is unignorable. The return on investment that the investors get is practically unheard off and the blockchain delivers on all accounts.

      The second biggest innovation that brought about another drastic change in the industry was Ethereum. The Ethereum Network’s native token is also the second largest cryptocurrency in the market as well. The Ethereum Network blew the blockchain industry’s startup space right open and introduced the market and the community to smart contracts.

      Combine these two massive advances in technology and you get a hybrid blockchain platform which offers the strengths of both and the weakness of none. That is exactly what Qtum is.

       

      Qtum

      Qtum is an open source blockchain project. The project is to build a hybrid platform that combines the strengths of the two most drastic advances in the blockchain technology; the Bitcoin and the Ethereum Network. It is an open-source, value transfer system.

      It combines the Bitcoin’s blockchain and the Ethereum Network’s smart contract system and provides a blockchain that is tried, tested and trustworthy. The reason that Qtum uses the Bitcoin blockchain is that it is one of the first blockchain networks and is also the one that has been tried and tested. The world of decentralisation runs anonymously and making sure someone gives you what they promised is a task, to make that an easier one, Qtum employs smart contracts.

      Qtum provides an executable blockchain stack for DApp development like Ethereum but with the Bitcoin’s UTXO transaction model. The Qtum platform essentially combines the Bitcoin core for transaction mechanism with the Ethereum Virtual Machine to build DApps that can be used on mobiles as well.  The platform also leverages the Bitcoin’s proof-of-stake consensus mechanism, which has proven to be more advantageous for business purposes.

      The platform aims to be a public blockchain for businesses in the industry, which will essentially let companies and industries to move onto the blockchain without having to spend too much money and technical skill on it. The fact that they are building an open blockchain also helps them break into newer industries and bring them onboard the blockchain.

      By combining these two revolutionary technology developments, the company aims to provide the cryptocurrency market, the blockchain industry and the global cryptocurrency community:

      • More Stability
      • More Modularity
      • More Interoperability
      • Platform Compatibility
      • Smart Contract Capabilities

      The end aim of the Qtum platform is to bridge the gap between the business world and the blockchain industry. They want to make it affordable and cheap for businesses to enter the blockchain world. Qtum is a Singaporean startup and is an open-source blockchain project.

       

      Partnerships


      The cryptocurrency market and the blockchain industry is a very community intensive industry. Reputations matter, communication matter, and social media presence matters.

      The other important thing that all companies must spend time on is the partnerships it strikes in the beginning. These partnerships help lend credibility to each other, especially when partnerships are struck between established companies and ones that are newly entering the market.

      The most common partnerships among cryptocurrency companies are when they partner with other cryptocurrency companies and provide united front to the people in the community. This makes it easier for both companies to push their agenda and make sure that their projects and products do equally well.

      Qtum is a company that is headquartered in Singapore. Its main home market is the Asian market and this is an approach that has been quite successful for them. In the early stages, Qtum partnered with Qihoo 360, a Chinese cybersecurity firm, which proved very advantageous to the company.

      There was a lot of talk about a possible partnership with Starbucks as well. It was rumoured that Starbucks was to take on Qtum’s product and work on better integration. But this, however, was nothing but a rumour.

      There are many DApps that are already active on the Qtum mainnet that have a decent download rating and ownership. These DApp owners have also managed to strike quite a few partnerships among themselves, which further increases the amount of trust and credibility Qtum has amassed in the past year.

       

      The QTUM

       

      The native token of the Qtum platform is called QTUM. QTUM is a utility token that will be used to do transactions on the platform. The token is ranked as the 29th on the basis of market capitalisation. The token is listed on fifteen exchanges and is not minable.  

      The current price of the coin is $3.80 USD. The token’s all-time-high is $103.45 USD.

       

      Also, Read  Why you should buy loom

       

      [bctt tweet=”Find the Reason – Why you should buy Qtum” username=”ItsBlockchain”]

       

      Join the Instant Crypto News Aggregator Channel of IBC on Telegram

       

      IBC-Transparent-Logo-(1)

      Subscribe To Our Newsletter

      Join our mailing list to receive Cryptocurrency investing and trading recommendations to your mailbox.

      You have Successfully Subscribed!

      Tags: buy qtumfeaturedQTUMqtum coinqtum coin newsqtum mainnetqtum newsqtum Partnershipsqtum reviewqtum tokenwhy qtumwhy qtum coinWhy you should buy Qtum
      Share51Tweet2Share1

      Subscribe to get notified on latest posts.

      Unsubscribe

      Related Posts

      Introducing Sigmadex: Bringing financial stability into digital assets

      Introducing Sigmadex: Bringing financial stability into digital assets

      by Hitesh Malviya
      April 9, 2021
      0

      For the crypto finance world, it’s not all roses, as it has been battling its share of problems. From lengthy...

      Top 10 Cryptocurrency Podcasts You Should Listen To

      Top 10 Cryptocurrency Podcasts You Should Listen To

      by Hitesh Malviya
      April 3, 2021
      0

      Despite spending months (if not years) in the crypto space, you may have had several instances when the jargon of...

      How To Keep Your Cryptocurrency Safe

      How To Keep Your Cryptocurrency Safe

      by Guest Author
      April 1, 2021
      0

      Digital currency is a convenient alternative method of investing and budgeting. However, it requires similar security to online banking to...

      A Guide to The Top Crypto Scams & How to Protect Yourself

      A Guide to The Top Crypto Scams & How to Protect Yourself

      by Hitesh Malviya
      March 30, 2021
      0

      You don’t have to be a crypto novice to fall prey to a crypto scam. They’re all over the market...

      top crypto 2021

      Top Ten Cryptocurrencies to watch in 2021, if you’re on the hunt for the next Bitcoin

      by Hitesh Malviya
      April 10, 2021
      0

      Loved, hated, admired - Bitcoin has not ceased to capture our attention. Fear of missing out, or FOMO as we...

      Load More

      About Us

      We curate the best cryptocurrency projects with the intention of adding value for investors through the process of selecting, organizing, and looking after different projects available in the cryptocurrency market.

      • Trending
      • Comments
      • Latest
      Top 25 Cryptocurrencies to Invest in 2021

      Top 25 Cryptocurrencies to Invest in 2021

      April 4, 2021
      Top 10 NFT Crypto Projects You Should Know

      Top 10 NFT Crypto Projects You Should Know

      March 12, 2021
      Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

      Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

      March 26, 2021
      top crypto 2021

      Top Ten Cryptocurrencies to watch in 2021, if you’re on the hunt for the next Bitcoin

      April 10, 2021
      TOP 20 DEFI

      Top 20 DeFi Crypto Projects to Invest in 2021

      April 8, 2021
      Top 10 Low Cap NFT Crypto Projects to Invest in 2021

      Top 10 Low Cap NFT Crypto Projects to Invest in 2021

      April 9, 2021
      Find an Altcoin Bottom

      How to Find an Altcoin Bottom and Uptrend

      April 3, 2021
      The Rise of Digital Wallet Payments for Online Gaming

      The Rise of Digital Wallet Payments for Online Gaming

      April 10, 2021
      Top 10 Low Cap NFT Crypto Projects to Invest in 2021

      Top 10 Low Cap NFT Crypto Projects to Invest in 2021

      April 9, 2021
      TOP 20 DEFI

      Top 20 DeFi Crypto Projects to Invest in 2021

      April 8, 2021
      INX

      INX- The First-Ever SEC Registered Token Sale

      April 8, 2021
      top altcoins april

      Top 10 Altcoins to buy in April 2021- Part 1

      April 7, 2021
      Introducing Sigmadex: Bringing financial stability into digital assets

      Introducing Sigmadex: Bringing financial stability into digital assets

      April 9, 2021
      The Solana Ecosystem: an Overview

      The Solana Ecosystem: an Overview

      April 5, 2021
      • Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        Top 10 Cheap Cryptocurrencies with Huge Potential in 2021 | Best Penny Crypto Coins

        12264 shares
        Share 4906 Tweet 3066
      • Top 10 NFT Crypto Projects You Should Know

        4887 shares
        Share 1940 Tweet 1212
      • Top Ten Altcoins You Should Buy in February 2021 – Part 1

        4187 shares
        Share 1675 Tweet 1047
      • Top Ten Altcoins You Should Buy in February 2021 – Part 2

        3537 shares
        Share 1415 Tweet 884
      • Top 10 Low market cap altcoins to invest in 2021

        3519 shares
        Share 1420 Tweet 875
      ItsBlockchain

      We are India’s first and oldest Blockchain & Cryptocurrency publication platform started in 2016. We are a one-stop destination for technical analysis, cryptocurrency recommendations, and Blockchain technology resources.

      Buying Guides

      • Buy Bitcoins in India
      • Buy Bitcoins in China
      • Buy bitcoins in Russia
      • Buy Bitcoins in Japan
      • Buy Bitcoins in Turkey

      Important Links

      • Home
      • About US
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      Follow Us

      Contact us

      support@itsblockchain.com

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      No Result
      View All Result
      • About US
      • DEFI
      • Home
      • Newsletter
      • Privacy Policy
      • Promote Your ICO
      • Submit post

      © 2020 itsblockchain.com - Designed and maintained by Fanatic Coders

      Login to your account below

      Forgotten Password?

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.