Quant was founded in June 2018 and aims to connect blockchains and networks on the global level without reducing the efficiency or interoperability of the network by creating the world’s first blockchain operating system. This project is built as an Operating System distributed ledger technology and OverLedger Network for connecting different Blockchain Networks.
The main aim of quant is to bridge the gap between different blockchains. The backbone of the Quant Network is the Overledger Network, which Quant bills as an ecosystem for building the future digital economy.
Quant aims to create an open platform for developers to build blockchain apps. Developers need to buy QNT tokens in order to use the platform.
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).
Gilbert Verdian founded Quant Network in 2015.
He wanted to solve problems in global information exchange. Overledger is an open source project that lets you create your own blockchain network.
Bitcoin, Ethereum, and Ripple are now accessible through Overledger.
The 1.5 version of Overledger OS in 2020 added support for Bitcoin, Ethereum and Ripple. Quant's price almost instantly skyrocketed to over $40 from under $10 earlier that month. The price continued to climb after additional updates in June, giving apps even more functionality than before. It has skyrocketed to above $ 100 at its all-time peak from $ 40 and is hovering around $ 80 at the time of writing The company plans on adding more blockchains and expanding the functionality and ease of use of its app.
How are the Founders of Quant?
Gilbert Verdian is one of the founders of Quant Network.
He worked in the healthcare sector before founding Quant Network. He identified the importance of interoperable systems for patient registration. He has over 20 years of experience in upgrading the security and technology of businesses around the world. He also served as the chief information officer of Vocalink, an Australian credit card company.
Before that, he served as the chief information office of New South Wales Ambulance Service, the chief information officer for eHealth NSW, and he was the security lead at the Ministry of Justice, in the United Kingdom. Dr. Tasca is an entrepreneur, he is a digital economist who specializes in decentralized systems. He has worked as the special advisor on blockchains for the European parliament, the UN, and various central banks. He is also author of several books on fintech and is the co-founder and governing board chair for the Retail Blockchain Consortium.
How Many QNT Tokens Are In Circulation?
The max supply of QNT tokens is set at 14,612,493 tokens. The QNT tokens were broken down and set out as follows:
9.9 million QNT tokens were sold during an ICO to the public ;
2.6 million QNT tokens were assigned to the company reserve, to keep the project viable;
1.3 million QNT tokens were reserved for the company founders;
651,000 QNT tokens were issued to the company advisors.
How is Quant Secured?
Overledger forms the backend of the Quant Network.
It connects different blockchains together.
Is Quant a Good Investment?
As with many altcoins, Quant has been a fabulous investment for everyone that purchased before Overledger 1.5 was release. Those who purchased at the peak may be down somewhat. But Quant serves to solve a practical problem that the blockchain industry faces – which is getting different blockchains to communicate with each other.
If Quant becomes the leader in that space, it could become the next Ethereum.
What Crypto Exchanges Can You Buy Quant On?
Coinbase is one of the most popular exchanges in the United States. You can buy Quant on Coinbase. Get $10 free here.
Newton Crypto is the best place to buy this from a Canadian Exchange and they have over 60 altcoins. Get $25 free when you create an account at Newton.
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