So we have created some new stuff. Blockchain platform Qtum (pronounced Quantum) is aiming to provide universal smart contracts across the different blockchain systems of Bitcoin, Ethereum, Hyperledger, R3 Corda and more. The company has been working on its own version of this technology for some time now, but it recently announced that they have reached an agreement with IBM in order to integrate their solution into IBM ’s At present, the UTXO design does not work well with smart contracts with multiple parties and data feeds, leading Qtum to create the Qtum Account Abstraction Layer to adapt one system to the other. The layer can work across all UTXO-based blockchains to create universal smart contracts.
Blockchain platform Qtum (pronounced Quantum) is aiming to provide universal smart contracts across the different blockchain systems of Bitcoin, Ethereum, Hyperledger, R3 Corda and more. The company has been working on its own version of this technology for some time now, but it recently announced that they have reached an agreement with IBM in order to integrate their solution into IBM’s At present, the UTXO design does not work well with smart contracts with multiple parties and data feeds, leading Qtum to create the Qtum Account Abstraction Layer to adapt one system to the other. The layer can work across all UTXO-based blockchains to create universal smart contracts.