Qtum Blockchain Platform Available on Amazon Web Services

Qtum project said that its Dapp development platform is now available on Amazon Web Services (AWS). AWS provides ready to use images called Amazon Machine Images (AMI) often packaged with ready to use softwares.

Qtum is making AMI available with its Qtum core and the Qmix Integrated Development Environment (IDE). Qtum AMI image is free to use. Also user of AMI does not need to buy any Qtum tokens. Now smart contracts can now easily developed and deployed using Amazon Machine Images (AMI). Qtum claims to be first UTXO-based smart contract system.

Qtum platform uses solidity smart contracts with its integration with Ethereum Virtual Machine. Qtum platform uses Account Attraction Layer to combine Bitcoin Core and the Ethereum Virtual Machine. It uses the proof-of-stake consensus to deliver its smart contract platform. Proof-of-stake model helps in reducing the computational difficulty in the network and increases scaling possibilities. More than 50 decentralized applications are currently deployed on Qtum. The applications span from different verticals such as the Internet of things (IoT), intellectual property, market forecast, healthcare and clean energy. Blockchain industry leaders looking at Qtum to solve scalability and deliverability for their projects, the announcement said.

As of writing this article, the Qtum blockchain project has 6709 nodes available globally, according to qtum.org.

Snip from http://qtum.org/en

In addition to Qtum core and Qmix Integrated Development Environment, Qtum AMI on AWS also includes:

  • Qtum and the solidity compiler with the official repository for easy updates
  • Development libraries and tools to allow anyone to build smart contracts and work on the desktop QT wallet
  • A Qmix development IDE that launches by default on boot

Qtum Co-Founder Patrick Dai, said, “Qtum is one of the most decentralized entities on the internet and AWS is one of the largest cloud providers in the world. It is a perfect combination for users and the enterprise. We look forward to continue making Qtum’s smart contract and Dapp technology available for what is arguably its most in-demand market, the enterprise.”

Qtum Amazon Machine Image (AMI) will allow launching Qtum node without any difficulties such as installing dependencies. The choice of mainnet and testnet is available with pre-installed Qtum node.  A test network can be deployed directly on the instance, allowing developers to simulate a public blockchain. AMI just helps anyone to get started with blockchain. This will help interested parties to start developing robust blockchain-based applications.

PC: Snip from http://qtum.org/en

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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.

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