Qtum’s Blockchain Project Unita Is Live; Automated Data Storage and Transfers For Commerical Use
Unita is a new project just launched by Qtum. The project is meant to be a solution for enterprise adoption and it providers users with fully automated data storage and transfer protocols. Impressively, the platform can handle 10,000 transactions per second.
Qtum issued a press release on the launch, stating that the protocol will feature a scalable consensus algorithm that can build on Qtums existing solutions. The algorithm, called SCAR, can save disk space, network resources, and bandwidth.
Other features include one-click deployment, data management, and cross-chain trading. Businesses will be able to perform thousands of transactions on a daily basis using the new features.
Additionally, the protocol features specially tailored targeting for pain points. This means that businesses may be able to adopt blockchain technology more easily. According to Miguel Palencia, the Chief Information Officer at Qtum:
“Speed and customization are two of the main barriers for enterprises looking to adopt blockchain technology. By bridging a novel, scalable consensus algorithm with smart contract technology and tools familiar to developers, we strive to make blockchain accessible for enterprises to easily and effectively deploy.”
This type of technology may be just what is needed to promote more blockchain technology in the business realm.
Unita – the enterprise version of Qtum – has launched 🚀https://t.co/6vdEVHnZKy
— QtumOfficial (@QtumOfficial) April 18, 2019