Qtum is an open-source Blockchain project developed by the Qtum Foundation. The Qtum Foundation is headquartered in Singapore.
Qtum is a hybrid blockchain application platform. The core technology of Qtum combines a fork of bitcoin core, an account abstraction layer that allows multiple virtual machines including the Ethereum Virtual Machine (EVM) and a Proof of Stake (PoS) consensus mechanism to address use cases in the industry. We believe this combination will enable Smart Contracts and DApps to run on a familiar platform, while creating a robust environment for developers. The underlying technology uses an "Account Abstraction Layer" that serves as a bridge between the EVM and the Unspent Transaction Output model of Bitcoin Core. Oracle and Datafeed functionalities will be launched soon to allow developers to create Smart Contracts based on reliable information sources.$QTUM