April 19, 2024

Investing in Quant (QNT) – the first OS for blockchains

Quant (QNT)- a protocol designed to ensure universal compatibility of any network. Objective of the project— to bring to the markets corporate software solutions that simplify the integration of DLT (distributed registry technology).

  • Price QNT: $220
  • ATH: $424.91 (09/11/2021)
  • Fall from ATH: 48.2%
  • Intraday trading: ~$333.5 million
  • Max. issue: 14 612 493
  • In circulation: 12,072,738 (83%)
  • Market Cap: $2.6 billion
  • Quant is based in London. The project operates in full compliance with UK law.

    What problems is Quant trying to solve?

    Quant solves one of the biggest problemscurrently facing the DLT sector is a lack of interoperability. In the current state, the market is filled with hundreds of DLTs. However, the ability of these data stores to work together based on a distributed ledger is very limited. This leads to an additional burden on developers and many technical barriers.

    Quant eliminates these problems and connectspublic and private networks with its software called Overledger. This protocol provides seamless multi-network communication. Thus, developers can create more powerful and reliable applications using Quant.

    Benefits of Quant

    The protocol is simple and convenient. You don't need to know smart contract languages, cryptography, or DLT data structures to use Quant. The interface reduces the technical complexity of the entire process.

    Quant allows users to connect toall types of DLT. Network APIs make DLT technology available to large enterprises. Developers, governments and individuals can now harness the full power of DLT technology without having to hire professional programmers.

    Quant works with existing technology stacks and protocols. The network uses ISO DLT interoperability standards to ensure fast and easy deployment of business solutions.

    Quant was developed by a team with years of experience in corporate security and mission critical systems at the national level.

    Gateway Overledger DLT

    Overledger DLT is one of the firstDLT interaction protocols designed specifically to serve large corporate clients. The system allows any company to provide interoperability across systems, networks and DLTs. This system currently supports:

  • Hyperledger Fabric
  • R3 Corda
  • Ethereum
  • JPM Quorum
  • XRP ledger
  • QNT Token

    QNT is an ERC-20 token on the Ethereum blockchain. QNT is used to pay for services and various fees in the Quant Network ecosystem. The maximum supply of tokens is set at 14,612,493 QNT.

    Conclusion

    Quant provides the market with a sought-after service -the protocol significantly reduces the cost of integrating blockchain into a business. In addition, Quant solves the main problem of existing networks - ensuring their interoperability. The price of the QNT token has shown explosive growth since June 2022, but is still 2 times lower than its maximum. We will continue to monitor the development of this project.

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