![]() ![]() The other core team members of the platforms are CTO Peter Marirosans, COO Lara Verdian, and CMO Andrew Carrier. Besides this, he has worked at HM Treasury in the UK government (2009) and later as CISO for the Department of Health in Australia. He first realized the potential of DLTs, including blockchains, in solving the security-related problems inherent in the digital exchange of information and assets. Quant's technology is the brainchild of founder Gilbert Verdian. ![]() Finally, Overledger gateway operators that act as directors of transactional flow/traffic within the Overledger network are paid Quant tokens via Quant's treasury system. #QUANT NETWORK LICENSE#Overledger gateway operators also utilize QNT to pay annual license fees to use and participate in the Overledger network. Both users and developers have access to the system. The first purpose of QNT tokens is to grant digital access to a particular service or application (MApp) that is part of the Quant platform. There are three prominent use cases for QNT. The native token of the platform is the Quant token (QNT), an ERC-20 token hosted on the ETH (Ethereum) blockchain. Quant's Overledger DLT also allows smart contracts to be created in any programming language on any DLT, even on those DLTs that don't support smart contracts natively. mDApps extend the reach of decentralized applications beyond interaction with a single ledger, allowing users to benefit from the use of several ledgers simultaneously. mDApps are the multi-DLT edition of decentralized applications ( DApps, which can only interact with a single ledger). Overledger also provides business solutions for those who require multi-chain strategies.Īdditionally, developers can also develop mDApps with the help of the Overledger technology of Quant. ![]() Overledger enables users to select the technology that suits their needs. Any data like smart contracts, IDs (identity documents), or digital assets (like crypto coins and non-fungible tokens) can be exchanged by users across various ledgers. Through the Overledger DLT Gateway, users have the capacity to operate various types of DLTs and migrate data between them. Overledger enables DLT integration without the requirement for additional infrastructure. Quant aims to solve these issues by building an interoperable system that can connect various DLTs securely and efficiently without introducing any bottlenecks.Īs stated on the website, Quant's solution to the problems mentioned above is its Overledger DLT Gateway. The second major problem the platform is trying to solve is that users do not have a technological way to move their data across various DLTs and see which DLT is appropriate for them. The problem that the Quant platform is trying to solve is the limited adoption of the distributed ledger because of the technical complexity of maintaining it. The platform aims to bridge all the DLTs for faster and efficient growth. The deployment of a distributed ledger eliminates the need for a central authority to keep a manipulation check. A DLT is a database that is synchronized and accessible by various participants across multiple sites and regions. Quant is a platform that provides technology that connects various distributed ledgers (DLTs) by removing communication barriers between them. ![]()
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