Quant is a London-based network geared to take blockchain technology to another level with its Overledger. The Overledger aims to create an interface that links the global networks to multiple blockchains and connects current networks to new blockchains. Aside from Quant Overledger Network that secures data transmission on Quant, the network also operates other protocols such as the Overledger Distributed Ledger Technology Gateway and Quant mDApps. The Overledger DLT Gateway is designed to support interoperability between the distributed ledger system and networks for large customers. It allows a smooth transfer of data, smart contracts, fungible and non-fungible tokens. Another feature on the Quant network is mDApps, the multi-DLT version of decentralized apps which allows users to simultaneously use multiple ledgers.
Whats is Quant’s purpose?
Founded by Gilbert Verdian in 2015, the Quant protocol has unlocked Ethereum, Bitcoin, and Ripple ledgers to its system. The blockchain operating system aims to make the development of internet-scale decentralized and multi-chain apps more efficient by eliminating communication, interoperability, and scaling barriers. That being said, Quant is often referred to as the operating system that links all blockchains.
This Ethereum-based platform benefits from Ethereum’s security and interoperability with DEX, DeFi, and blockchain games functionalities. As the project was developed from scratch, restrictions are at a minimum. Thus it can easily be installed by developers, public workers, or anyone even with no programming or cryptography experience. The project also enables users to link to any type of digital ledger system regardless of their position. Since the communication with multiple ledgers isn’t lost or split, the likelihood of a security breach within the network is low.
The QNT Token
QNT is a multi-purpose token that provides digital access to Quant’s Network solutions which include the Overledger protocol. The crypto is granted access fees depending on a fixed fiat currency amount. QNT crypto is available for trading on top crypto exchanges such as Binance, Coinbase Pro, Uniswap, and others.