Most of the specifics regarding Qubic remain shrouded in mystery, even though the project will be revealed in the coming days. On the surface, it seems Qubic will change the way businesses interact with and use smart contracts, which sounds promising. Similar to most other “mature” ecosystems, IOTA will provide smart contract functionality. Competition is a good thing in this regard, as there is no one-size-fits-all blockchain solution whatsoever.