Last Update
Apr 24, 2018
We’re pioneers in distributed ledger technology and champions of interoperability. We provide financial institutions and enterprises with the right foundation to build the blockchain economy.
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
The project is built as an operating system distributed ledger technology— and Overledger Network — for connecting different blockchain networks. The project is billed as the first OS to be built for blockchains.
The main aim of Quant — using Overledger — is to bridge the gap that exists between different blockchains. The backbone of the project is the Overledger network, which Quant bills as the ecosystem on which the future digital economy ecosystem will be built.
Overledger allows developers to build decentralized multi-chain applications (known as MApps) for their customers. For developers to build a Mapp on the network, they must hold a certain amount of Quant tokens (QNT).
Since the introduction of blockchain and the distributed ledger technology, innovators have found use cases in almost every known industry. However, there has been the problem of seamless interoperability between these projects. Quant was created to be the missing link between the “different” blockchains.
Quant’s operating system, Overledger, was designed to act as a gateway for any blockchain-based project to access all other blockchains. It also works in connecting an application to other applications in the same blockchain ecosystem, like Ethereum.
More than multiple blockchain interactions, Quant creates different layers for apps to interact at different levels. Quant has different layers for transactions, messaging, filtering and ordering, and an application for sharing and referencing identical messages related to other applications.
The Quant App Store has the ability to read and monitor transactions across multiple ledgers. Using Overledger, developers write smart contracts across a wide variety of chains including those that don’t support them — such as Bitcoin. Developers can also use the store to create and release multi-chain applications (MApps).
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QUANT OVERLEDGER
This is a new block chain operating system designed to solve the problem of single-ledger dependency. It will achieve this by increasing commutability among deploy distributed ledger (DLTs) thus allowing general-purpose apps to run on different block chains. It also introduces a vendor-dependent wire-level protocol for message-oriented middleware.
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NOTE: Quant Overledger has all the features of a great block chain operating system. It addresses the challenges that similar system faces and propose very interesting concepts on interoperability connection method and scalability making it a very attractive venture. I will certainly invest in it.
I'm not seeing much under GitHub, so we'll have to see if they have any actual ship code.
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