Quant Network Review

QUANT $QNT

$43mil Market Cap

Volume: 77% Hotbit, 7% Bithumb Global, 6% IDEX, 5% Fatbtc, 4% Bittrex
Liquidity: 40% Bittrex, 55% IDEX
*Click here for more*

Quant Network is behind the Overledger operating system.  Overledger is looking to “bridge the gap” between traditional enterprise systems and distributed ledger technology.  Blockchain interoperability has been a primary issue for the slow adoption, as without a means of communication from the current business infrastructure into technology like Blockchains, what’s the point?

With Overledger developers can build decentralized applications that can run on multiple blockchains. These so-called “multi-chain applications” (Mapps) can be built in as little as 8-minutes, helping projects quickly transfer data and provide a streamlined experience across multiple blockchains.
*Click here for more*

Quant Network was created by a team with experience working for Mastercard, PWC, Ernst & Young, HSBC, the Bank of England, Morgan Stanley, Barclays and many many other corporate and financial giants.
*Click here for more*

This team launched the Overledger white paper in Jan 2018 and held an ICO several months later.  The Quant Network ICO hauled in $11mil of the $36.9mil target.  As the bear market was in full swing and investors became insecure about these “scammy ICO’s” this was a modest fund raising effort but more then enough to launch the vision of making blockchain as “simple as possible”.
*Click here for more*

Overledger was adopted by SIA early on and brought with them more then 500 of there banking partners.  During the early days Quant Network join with Oracle, Hyperledger, Amazon Web Services, and Nvidia through different working partnerships and agreement.
*Click here for more*

In late 2019 we have seen major growth by pairing themselves with Constellation $DAG to create ‘Internet of Automation’ with IoT and Quant Integratio.  This will provide an ecosystem that will enable companies to build cross-platform and interoperable Big Data, IoT and AI production, prototypes, and sandbox test environments.
*Click here for more*

More recently there was SIMBA Chain.  This relationship was developed to make the deployment of smart contracts which use more than a single blockchain fast, easy and cost-effective for the first time.
*Click here for more*

As we look to 2020 Quant stands out as major platform for regulatory compliant tokens.  They are expecting to launch cross-chain atomic swaps through all involved institutional-grade blockchains.  This helps to bring resolution to not just one, but two of the major issues dividing blockchain technology from the traditional business world.  Regulatory compliance and Interoperability.

That stage is set for Quant to succeed.  They developed a needed product in Overledger, brought numerous high end partners on board to build with it, have register institutions using the product and are looking to use this solution to solve others within the industry.  Quant Network has been VERY busy through 2019 and they are excited for the opportunities that regulatory oversight and Overledger provide for a world just starting to get excited about blockchain technology.  

1 Comment

Submit a Comment