Qtum and Google Cloud partner to foster blockchain development

Qtum, an open-sourced blockchain application platform, announced on 2 May about its deployment of blockchain developer tools in collaboration with Google Cloud.

Qtum began by conveying that these tools are being offered free of cost. These applications are so designed that both developers and regular users are benefited. The advantages that the tool offers is that it provides a simple and economical way of building applications on the Qtum blockchain. The set of tools launched on Google Cloud are available through the Qtum engine. The code available on Google Cloud offers a developer environment on the Qtum blockchain.

Miguel Palencia, Chief Information Officer at Qtum quoted –

“Google Cloud is the perfect partner to help us make the blockchain ecosystem simpler and more intuitive. Where launching a node was once an intensive and complex process, Qtum’s new developer suite introduces helpful shortcuts and tools to make it faster and easier. With a more accessible technology, we hope to open up and expand the Qtum community to include people with a broader range of experience-from experts to the everyday user.”

Qtum sustained by adding that the developer can then begin developing or staking in a couple of seconds, all these with no fees levied. Earlier, developers had to obtain the necessary tools themselves to create a full Qtum node or decentralized applications (dApps). With Qtum, users are benefited with access to the suite of tools necessary to build dApps.

To touch upon the logistics of the offering, users can set up a virtual machine and run quickly on the Google Cloud Platform. However, this news does not make Qtum an official Google partner, since a diverse range of people can launch a product on the Google Cloud Platform. The productivity gain offered is that it simplifies spinning up a Qtum virtual machine.

Earlier, developers had to obtain the necessary tools themselves to create dApps. With this development, users are benefited with access to the suite of tools necessary to build dApps.

In March, Qtum had reported about adding its cryptocurrency Qtum to Zeux app. Qtum noted the difficulty of using cryptocurrencies and getting universal acceptance from merchants. What seems like a difficult problem would overcome with the right cryptocurrency and merchant outreach. Such a feature fosters a mutual win-win. Last month, Qtum announced about using its digital coin for investing in Quantfury, a trading app.

Qtum finally added that when the Qtum source code is updated, Google Cloud will automatically update the code everywhere. This feature saves developers from the need to manually re-download in order to be updated with the latest version. The Qtum developer toolkit includes Qtum Core, a Solidity Compiler, Qmix IDE, Solar (smart contracts deployment tool), Qt-dev libraries, and other required components.