Qtum Hints on New Partnership, Ready to Compete with Bitcoin?

The excitement built up in Qtum crypto community when the founder and CEO announced that it would soon disclose information about a partnership.

Screenshots of what seems to be a chat portal have been posted and shared via Twitter which features Patrick Dai teasing his followers about the said partnership. As of writing, the said news will be disclosed in roughly less than 12 hours.

It has just only been days after Qtum just closed a deal with Baofeng, a Chinese video portal giant.

With this partnership, Qtum will get to run 50,000 full network nodes to become the Blockchain with the biggest number of nodes. This would enable Qtum to compete with Bitcoin and Ethereum who only have 10,000 and 20,000 nodes respectfully.

In a press release, the firm expressed their excitement for getting the support of Baofeng. “We’re excited to have the support of Baofeng, and Storm’s massive user base is a treasure for us,” said Patrick Dai, CEO and Co-Founder of Qtum,” said Dai, the CEO, and co-founder of Qtum.

Part of the press release reads:

“It is expected that, with this fresh blood injected into Qtum’s community, more users will become aware of blockchain technology and lots of developers will be attracted. As a result, Qtum will become one of the most reliable mainstream public blockchains. Baofeng will also work on Qtum’s platform to introduce new video distribution, copyright protection, and payment system technologies.”

The partnership with Baofeng and the “secret” new partner only shows how blockchain technology is becoming mature enough to be used across a number of fields.