On 3rd August, IOTA released its monthly update report on its Qubic project. The report stated that the Qubic team was working hard to improve team integrations between Qubic and other projects within the IOTA network.
Qubic works on being the worldwide standard for the Internet of Things [IoT] for ‘payments’ and ‘messaging’. This is made possible by free of charge IOTA exchanges, which allows individuals to securely communicate in a monitored and safe environment.
Qubic is divided into two major developmental sectors:
- Qubic Protocol
- The Abra Language
The first half of the development focused on Qubic Protocol, as they developed the layout of the Tangle messages and maintained the structure of the local Q-Tangle. This will have a local copy of all Qubic related transactions.
The second half of development was used to finalize the definition of Abra and to start its compiler. IOTA on their official blog stated that a lot of progress has been done on the source code parser. The team currently aims to set up the compiler first and get the initial documents ready to start working on different parts of Abra which will be worked upon parallelly.
The company has also stated that they have been working on a white paper which will focus on the improvements made in the network. IOTA stated that the first version of the update will be ready for assessment by the second week of August and has revealed that the company is conducting analysis to make it ready for the masses. The company has set this as a benchmark before further launches of updates.
IOTA has also stated that the next step in the Qubic direction is to take the technology and apply it to real-world problems. IOTA has also notified that Abra is used in the Qubic system because it is very similar to the functioning of an assembly language. The platform added that the application will be enough for the establishment of a base concept with the imminent need for added upgrades. IOTA has said that they will be using a programming language that will enable the translation process to Abra.
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