Quant (QNT) has appeared to facilitate interoperability between blockchains. It uses its Overledger OS operating system, which allows applications to run on different blocks of blocks, allowing seamless communication across multiple networks.
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Description of Quant (QNT)
Quant (QNT) was launched in June 2018 with the goal of connecting blockchains and networks on a global scale without compromising network efficiency and interoperability. This is the first project to solve the interoperability problem by creating the first blockchain operating system. The project runs as a distributed ledger technology operating system and Overledger Network to connect various blockchain networks. The project is announced as the first OS, built for blockchains.
The main goal of Quant - using Overledger - to bridge the gap that exists between different blockchains. The backbone of the project is the Overledger Network, which Quant bills as the ecosystem upon which the future ecosystem of the digital economy will be built. Overledger allows developers to create decentralized multi-chain applications (known as MApps) for their clients. In order for developers to create applications on the network, they must contain a certain number of Quant tokens (QNT).
Project uniqueness
Gilbert Verdian, one of the founders of the Quant Network, had the idea for a blockchain project while he was working in the healthcare sector. Verdian has identified the importance of interoperability to ensure coverage for patients, enrolled on different platforms. Since the introduction of blockchain and distributed ledger technology, innovators have found use cases in almost every known industry. However, there is a problem of seamless compatibility between these projects. Quant was created to be the missing link between "different" blockchains.
Main advantages:
| 1 | Quant's operating system, Overledger, was designed as a gateway for any blockchain project to access all other blockchains. It also works when the application is connected to other applications in the same blockchain ecosystem, such as Ethereum. |
| 2 | The project has different levels for transactions, messaging, filtering, as well as an application for exchanging and linking to identical messages, related to other applications. |
Using Overledger, developers write smart contracts on a wide variety of chains, including those that do not support them, such as Bitcoin. Developers can also use the store to create and release multi-chain applications (MApps).
Tokenomics
The maximum supply of QNT tokens is set at 14 million tokens. Enterprises do not need to purchase QNT tokens to use the Quant Network. However, they need QNT tokens to use the network. A developer must purchase a license (in QNT) to create anything on the platform. Tokens can be bought, sold and traded on several exchanges, including:
- Bilaxy;
- Bittrex;
- Bithumb Global;
- 1inch Exchange;
- Uniswap (V2);
- Hotbit.
QNT can be traded against cryptocurrencies - Bitcoin (BTC) and Ether (ETH), stablecoins - Tether (USDT) and fiat currencies - Eur.