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Friday, April 19, 2019

Qubic for Process Anyone?

Am looking to do an application that will insert 'smart contract' type specifications to observed business process, focused by business process models. Anyone used IOTA's Qubic?   Qubic is still in development I know, but any early impressions or tests would be interesting.   Connect with me via my Linkedin contact.

" .... What is Qubic?
In short: Qubic began life as as an initialism-turned-acronym, QBC, which stands for quorum-based computation.

Quorum (distributed_computing) on wikipedia

Specifically, Qubic is a protocol that specifies IOTA's solution for quorum-based computations, including such constructs as oracle machines, outsourced computations, and smart contracts. Qubic provides general-purpose, cloud- or fog-based, permissionless, multiprocessing capabilities on the Tangle. In the long term, Qubic will allow people to leverage world-wide unused computing capacity for a myriad of computational needs, all while helping to secure the IOTA Tangle: an IOTA-based world supercomputer.

More generally, a qubic is what we call a packaged quorum-based computation that occurs according to the Qubic protocol. Below are some examples of different types of qubics - while they are distinguished here for clarity, they are all nevertheless variations on a single, general-purpose concept: the quorum-based computation, or qubic.  .... " 

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