CEO Roundtable bridging Asia

S3E24 Qtum foundation: #2 Future of Blockchain

September 29, 2021

In this episode, I and Eva Yoo, co-host speak to Patrick Dai, founder and CEO at Qtum foundation (China, Signapore) Qtum is a hybrid blockchain application platform. Its core technology combines a fork of bitcoin core, an Account Abstraction Layer allowing for multiple virtual machines, including the Ethereum Virtual Machine (EVM), and a Proof-of-stake Consensus protocol, aimed at tackling industry use cases. Qtum (pronounced “quantum”) is a cryptocurrency software that aims to combine different parts of the Bitcoin and Ethereum design models in a bid to entice application developers. The Qtum’s cryptocurrency, QTUM, for example, is used to pay fees to those who help operate the network, and the distribution of newly minted QTUM is based on ownership of the asset. QTUM coins also provide voting rights in its on-chain governance system, meaning if you buy QTUM, you can influence the direction of the software’s development.

Podbean App

Play this podcast on Podbean App