Ever since its inception , the digital cash ( bitcoin ) have been exceptional which was created as a peer-to-peer payment system that allows its users to transfer value with no central authority or third party involved.
This payment system ensures a network of distributed and mostly anonymous miners are all in charge of processing the transactions, users are ensured that problems like censorship, fraud, and others are not possible in doing business.
This system supports and ensures transparency , trust and ease of doing business . Trust is a base principle in all business transactions. Having a system you can trust means that business can flourish.
Qitmeer is the guardian of core financial values, and optimises the blockchain to create a new system: “In Math We Trust”
Qitmeer is the next generation public chain based on BlockDAG which is dedicated to serving the ecosystem of Islamic Finance, ethical finance, and socially responsible investment, thereby enhancing financial inclusion and creating social impact.
In contrast to the competition model, BlockDAG’s collaboration model in the mining achieves a desirable balance of typical blockchain metrics among the security, openness, fairness and scalability.
Based upon the Unspent Transaction Output (UTXO), Qitmeer has created a new asset issuance mechanism: OP_TOKEN.
The OP_Token mechanism is a secure and efficient way to support the tokenisation of large volume transaction-level liquidity and it’s frequent secondary market trading activities.
By converging Islamic Finance, ethical finance and conventional finance, the mintage of OP_TOKEN asset issuance mechanism, organically converges all of these.
Qitmeer has exclusively created the issuance method of general certificate assets backed up by a base currency, integrating various financial applications into a dynamic ecosystem, including stable coins, payment systems and clearance and settlements.
Qitmeer also will support all mainstream blockchain networks through cross-chain protocols, as well as to interact with standard APIs, such as value transfer atomic swaps and smart contracts, which will enable Qitmeer to be a global and inclusive public chain.