Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake - page 226. (Read 525530 times)

The Qtum Blockchain Project Announces Support From PwC

PR Newswire   PR NewswireMarch 7, 2017

SINGAPORE, March 6, 2017 /PRNewswire/ -- The Qtum Foundation, architects of the Qtum blockchain, which execute smart contracts with a proof-of-stake consensus mechanism, today announced that one of the leading professional service providers PwC is supporting Qtum's efforts to help fuel blockchain adoption across global business sectors. This includes providing comments on a white paper to be prepared by the project team, as well as on their proposed project governance structure. PwC is a network of firms in 157 countries, who are committed to delivering quality in assurance, advisory, and tax services.

"PwC sees enormous potential for blockchain to revolutionize business practices as we know them, and the firm has made great efforts in developing strategic and technical capabilities to adapt existing products and services for the new technology. We are excited to get involved in the era of innovation and help companies capture the opportunities and benefits brought by the new technology. Working with the Qtum Foundation aligns with our goal," said CY Cheung, Fintech and Cybersecurity Partner of PwC China.

Qtum's governance structure, which is detailed in the Foundation's Qtum Blockchain Economy Whitepaper (https://qtum.org/en/white-papers), illustrates the level of professionalism PwC has brought to the team. Qtum's management structure will allow the project to effectively take hold as one of the largest open-source blockchain projects that can meet the needs of financial services, Internet of Things (IoT), supply chain management, social media, gaming and other industries.

"The Qtum Project is committed to becoming a smart contracts platform for business. To do this, Qtum wants to make it feasible for industries to build practical applications on top of Qtum. Qtum envisions a future where business practices are automated, and machine-to-machine communication is seamless. Having PwC, who has broad expertise across industries and a global network, support Qtum will help us fulfill our mission," added to Patrick Dai, co-founder of the Qtum Project.

About Qtum: Qtum is an open source value transfer protocol and decentralized application platform. The development team hails from multiple countries around the globe and is a collection of top experts in the industry. The Qtum Foundation, headquartered in Singapore, is the decision-making body that drives the project development. The Qtum Foundation has engaged one of the world's leading professional service providers, PwC, for project management support. Learn more at https://qtum.org

Hi, the answer to this is in the Qtum Economy Whitepaper (https://qtum.org/en/white-papers)

We will release the Crowd Sale details on the 9th of March, and then discuss them in more detail. 

We will also be hosting a technical Q&A session at our Slack on Tuesday, 8pm Beijing Time (7am EST)

Here's my take on this:

No code on Github :’( : not uncommon in ICO projects

No Escrow. : Using only exchanges, which are kind of an escrow

POS 51% distribution : There is a governance plan, and PwC involvment, this is not the average shitcoin where the dev dumps the premine and disappears, too many big actors involved.

Using multiple different identities and aliases.: People use aliases, it's not uncommon neither. The team is obviously not trying to hide their identity, they attend to meetups and conferences ...

Connection with multiple projects one being Bitbay.: If someone invested in BitBay, does not make them scammers.

Deletion of connections and associations.: Details

Previous ICO’s and a history of leaving projects. Details

Maybe the team can give more info!

Can you list the those claims?

I'm not the one who can/will answer you, I'll leave it to the team.

On a side note, that article is biased, and the author is a known scammer!

Maybe if you state your concerns clearly they will be answered!

Read what I said, dumbass. "Pwc has history of not being able to detect fraud." Followed by 5 reputable references corroborating that claim. My lord, you are dense.

So PwC is a scam too? come on!

I'll leave it to the team to address your concerns, which I think they mostly did if you care to look through their response.

I'm just pointing out that glebby is a famous paid troll which have been hired to shit all around this thread with surreal BS!

Pwc has history of not being able to detect fraud. Lmao.

https://www.ft.com/content/befa9e50-6ba4-11e6-a0b1-d87a9fea034f
https://www.ft.com/content/a351836c-63bb-11e6-8310-ecf0bddad227

http://www.marketwatch.com/story/pwc-faces-three-major-trials-that-could-put-firm-out-of-business-2016-08-12

http://www.reuters.com/article/us-mfglobal-pwc-idUSKBN16D2HP

http://www.independent.co.uk/news/business/news/pwc-sued-for-record-55bn-over-collapse-of-taylor-bean-whitaker-tbw-us-mortgages-a7191356.html