The social media blockchain project, Mithril, recently announced plans to develop social media decentralized applications (DApps) on Qtum and welcomes Qtum’s head of marketing and public relations Stella Kung as an advisor to Mithril.

Mithril is committed to building a social media platform based on blockchain technology, decentralizing and disintermediating social media in order to reward content creators for their contributions to the network. Under Mithril’s new social mining concept, every user in the Mithril ecosystem’s social media platform can post photo and video stories, interact with other user’s content, and mine MITH tokens according to Mithril’s algorithm.

By combining Bitcoin core with Ethereum’s smart contracts, Qtum features excellent scalability with a complete blockchain infrastructure, along with security and native support for mobile devices. Qtum looks to leverage these advantages to provide strong technical support for Mithril.

“Qtum has provided great support for Mithril since the early days of our project,” says Mithril founder Jeffrey Huang, “I believe Qtum’s security, reliability, and scalability will be instrumental to the future development of the Mithril ecosystem.”

Mithril and 17 Media founder Jeffrey Huang

Jeffrey Huang (黃立成), aka Machi Big Brother (麻吉大哥), is an influential music, entertainment, and technology industry leader based out of Taipei, Taiwan. In 2015, he founded 17 Media, a leading live-streaming platform that garnered fast adoption in Taiwan, Malaysia, Hong Kong, Singapore, and Indonesia, with over 27-million downloads.

Designed with stability, modularity, and interoperability in mind, Qtum is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. Its hybrid nature, in combination with a first-of-its-kind proof-of-stake consensus protocol for smart contracts, allows Qtum applications to be compatible with major blockchain ecosystems while providing native support for mobile devices and IoT appliances.