Decentralized blockchain platform Qtum is working with Google Cloud as a software partner to increase the ease of launching native products for users, the company confirmed in a blog post on May 2.Qtum, which like the Ethereum platform focuses on smart contracts and decentralized applications, has already released a suite of developer tools on Google Cloud, which executives hope will further uptake.
"Google Cloud is the perfect partner to help us make the blockchain ecosystem simpler and more intuitive. Where launching a node was once an intensive and complex process, Qtum's new developer suite introduces helpful shortcuts and tools to make it faster and easier," Qtum's CIO, Miguel Palencia, commented in the blog post.
"With a more accessible technology, we hope to open up and expand the Qtum community to include people with a broader range of experience - from experts to the everyday user."
The developer tools available include DApp development, launching a full node, forking and staking on Qtum."When the Qtum source code is updated, Google Cloud will automatically update the code everywhere, saving developers the need to manually re-download in order to remain on the latest version," the blog post explains.
The company's native qtum token advanced around 7%following the announcement and is currently ranked just outside the top thirty cryptocurrencies by market cap.
In January, another feature rolled out to Qtum users in the form of atomic swaps with bitcoin, allowing users to automatically trade one cryptocurrency token with another without intermediary infrastructure.
Qtum Confirms Google Cloud Features Rollout to Improve User Accessibility
gepubliceerd op May 3, 2019
by Cointele | gepubliceerd op Coinage
Another mainstream company is seeking approval to invest in crypto
Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto.
COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic's end - as the virus continues to rage in the United States and Europe - once can at least speculate: Where will blockchain adoption stand when the crisis abates?
Bitcoin hits new 2020 high at $16.7K -Traders expect bigger breakout
The price of Bitcoin hit a new yearly high at $16,717 on Binance.
The next big crypto market could be fantasy sports, says Messari
As "Digitally native" ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.