Qtum announced today the launch of its network, Qtum Ignition, a blockchain platform which provides the first decentralized governance protocol and proof-of-stake consensus mechanism for smart contracts.

The release of Ignition release helps solve complex issues of scalability and deliverability by delivering a smart contract platform running on a proof-of-stake consensus for the first time.

This allows individuals and businesses to use smart contracts on mobile devices while staking their Qtum holdings to secure the network. The Qtum Mainnet goes live Sept. 13, 2017.

As Qtum adds functionality and prepares for broader adoption, the team has joined several organizations to influence decision-making in key sectors. Qtum recently became a member of ACCESS Singapore. Jordan Earls has joined the Chamber of Digital Commerce’s Smart Contracts Alliance as co-chair. In addition, Qtum has added one of China’s most notable entrepreneurs and angel investors, Charles Xue, as a strategic advisor.