Building on Qitmeer: How developers and businesses can utilize the platform
Qitmeer Network is a high-performance public blockchain that aims to provide a comprehensive, robust, efficient, open, inclusive, and secure decentralized infrastructure system for building decentralized applications and autonomous decentralized organizations. With a strong focus on compliance and ethical finance, Qitmeer offers several unique features that make it an attractive platform for businesses and developers looking to build decentralized applications. It offers endless possibilities to opportunity seekers, enabling them to build decentralized applications and leverage blockchain technology for various needs across multiple industries.
This article will introduce you to the advantages of Qitmeer Network. Whether you’re a member of the technology development or business owner, you can easily use Qitmeer Network. As a high-performance blockchain underlying network, in different applications in business scenarios, Qitmeer can provide ideal solutions for different needs
Build on the Qitmeer blockchain platform
There are several advantages based on the Qitmeer network.
One of the main advantages built on the Qitmeer network is its unbreakable security and transparency.
Qitmeer Network is a new generation of blockchain network infrastructure based on MeerDAG's consensus protocol, breaking through the scalability limit of Bitcoin on the agreement, achieving high block speed, fast confirmation speed, high safety, completely decentralized.
The MeerDAG consensus protocol independently developed by Qitmeer is based on BlockDAG technology, and has the advantages of high-efficiency chain transactions and high fault tolerance. At the same time, it improves the competitive model between bitcoin miner nodes by adopting a more efficient and fairer cooperative bookkeeping model.
This is important for enterprises and developers who build a highly secure financial application
Several business areas that can apply the Qitmeer platform
Qitmeer platform can be used anytime by different industries to seek better results and make things easier. Below are the major industries that can fully benefit by using the Qitmeer platform.
•Cross-border payment
•Medical insurance
•Supply chain management
Cross-border payment:
Business owners can leverage the Qitmeer network platform as an escape plan for challenges faced in conducting international transactions including exuberant charges from intermediaries. Qitmeer platform helps in bridging the gap between business owners and customers. Therefore, boosting the financial capability of businesses and increasing profits immensely by allowing smooth sailing of transactions at cheaper prices with high security and scalability.
Medical insurance:
Applying blockchain technology to store valuable data extends to healthcare. Businesses in the healthcare industry can utilize the Qitmeer web platform to securely store and manage patient data in their databases. Digitizing a patient's family history using the Qitmeer platform ensures easy access and quick retrieval in case of emergency or need. In such a way, the Qitmeer web platform offers high security and privacy, making it an ideal solution for medical data management.
Supply chain management:
Enterprises can use the Qitmeer network platform to track and monitor the movement of goods throughout the supply chain. The Qitmeer web platform offers high transparency and immutability, making it an ideal solution for supply chain management.
DeFi applications on Qitmeer Platform
Qitmeer is a multifunctional platform designed to support decentralized finance (DeFi) applications that have the potential to disrupt traditional finance by offering more financial services and products. DeFi applications built on Qitmeer can take advantage of the security and transparency features of the platform to provide users with a more secure and transparent financial system.
Developers can build decentralized applications (dApps) on the Qitmeer network platform using a variety of programming languages, including Go Lang, C#, JavaScript, and Vyper. The Qitmeer network platform provides developers with a high degree of flexibility, allowing them to customize their dApps to meet specific business needs. With its unlimited flexibility, Qitmeer provides developers with convenient tools such as; Qitmeer Browser, Qitmeer API, Qitmeer testnet, etc.
Qitmeer Explorer:
Qitmeer Explorer is an online tool that allows developers to search real-time and historical information about the Qitmeer blockchain, including data related to blocks, transactions made, addresses used, and more.
Qitmeer Wallet:
This digital wallet, accessible through mobile devices, allows users to securely store and manage their Qitmeer coins (Meer).
Qitmeer API:
A set of APIs that allow developers to programmatically interact with the Qitmeer blockchain platform.
Qitmeer Testnet:
The Qitmeer Testnet allows developers to test and deploy their DAPPs and smart contracts on the Qitmeer network platform prior to deployment at no real cost.
This will allow developers to discover unexpected vulnerabilities in the system that hackers could exploit.
Conclusion
Qitmeer is an attractive platform where developers can leverage the flexibility of the Qitmeer web platform to create custom solutions. At the same time, enterprises can use the Qitmeer network platform to improve operational efficiency and security. With its wide range of possibilities, the Qitmeer network platform is poised to become a leading platform for decentralized applications and blockchain technology.
