QTUM and Blockpass Partnership Brings On-Chain KYC to Ecosys

QTUM and Blockpass Partnership Brings On-Chain KYC to Ecosystem


QTUM and Blockpass Partnership Brings On-Chain KYC to Ecosystem
HONG KONG, Feb 16, 2021 - (ACN Newswire) - Blockpass, the pioneer of On-chain KYC, is excited to announce the latest in a number of new partners for 2021: QTUM. Through this new partnership, QTUM and Blockpass will be working together to offer revolutionary On-chain KYC solutions to the QTUM ecosystem. In the spirit of blockchain technology, both Blockpass and QTUM will work in the most transparent way to support the space; this will include QTUM offering subsidies to specific members of the ecosystem looking to achieve regulatory compliance with On-chain KYC solutions.
Qtum is an open sourced, public blockchain platform, leveraging the security of unspent transaction outputs and combining that with EVM smart contracts. Qtum is secured by a Proof of Stake consensus algorithm and boasts a Decentralized Governance Protocol (DGP), allowing specific blockchain settings to be modified by making use of smart contracts, leading to potential options such as increasing the block size of Qtum without the need of a hard fork or innumerable other possibilities.

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