In the market, there are different blockchain projects and out of them Qtum (QTM) and Vechain are to be considered the biggest of them. Ethereum is currently looking at these two projects and thinking of investing in it for making the profit. From his last projects and his investments in Bitcoin, he has earned close to $ 1 billion. He is none other than the founder of Ethereum Mr. Anthony Di lorio. This was published in one of the articles in Bloomberg. These two Chinese projects are in highlights as they have a huge potential. His experience helped him a lot to make Ethereum reach a higher platform and became famous with time.
Qtum, on the other hand, runs on a smart contracts platform with an open-source. It is under a surveillance of a DGP blockchain where it is allowed to change some network platform according to the need by the community people who work for the company. Its method to operate makes it enables virtual machines to perform its best and always remain top in the blockchain.
Smart contracts have its own flaws and are not efficient so, Qtum is making an approach to solve its functionality, development of the new process. For this, it is ranked at 21st position in the market Capitalization of $858 million. The price for this is $9.68 and as per a report it has depreciated at a rate of 7.32% in just 24 hours.
Vechain is a Singapore based company which started 2 years ago. This blockchain runs on a product management platform. It is helping the manufacturer's to share the information about the product to its customers and giving them all the necessary information, which saves time and energy. It also manages the warehousing process making the process easier.
Vendors are also benefited by this technology and also help in keeping a track record of the product. The goal of the company is to be transparent in front of the customers and vendors too. This bridge the gap between the Customers and the Vendors with all the information and access to the products which can be bought, sold or inquired. It is ahead of Qtum with a market capitalization of $1.6 billion. Like Qtum it has also declined at a rate of 5.87% in just 24 hours.
Both of the technologies help to focus on fast pace working environment, saving time and money, also be efficient holding a great future ahead.