The creators of Qtum (the company and token share the name) decided to focus on business customers. By combining some of the best aspects of bitcoin and Ethereum blockchains, they have made Qtum a tool that allows businesses to easily design and build smart contracts for automating supply chain management and business-to-business transactions.
The goal is to create a platform for smart contracts, including secure and tested templates tailored to specific industries and uses, and develop the technology needed to translate contracts from software code to language humans can read and understand.
Qtum has invested heavily in ensuring mobile compatibility and ease of use, which could enable widespread adoption among many businesses (especially those in emerging economies) interested in decentralized operations. The tokens currently boast a market cap of $580 million, although the Qtum network has only been publicly available since Sept. 13.