Introduction to Quant (QNT)

• Symbol : QNT
• Category : Blockchain Interoperability, Infrastructure
• Main function : Enable interoperability between blockchain networks

Project Objective :

Quant was launched to address the issues of interconnection between different blockchains, which until now operated in isolation. Quant’s Overledger protocol allows heterogeneous blockchains to connect, meaning it is possible to create decentralized applications (dApps) that interact simultaneously with multiple chains.

Context :

The project aims to provide a scalable and secure solution, addressing the growing need for interoperability in the blockchain ecosystem. Quant seeks to open up new opportunities in sectors such as finance, logistics, and public services by facilitating inter-chain exchanges.

Call-to-action :

To learn more about Quant (QNT), you can purchase QNT tokens on platforms like Binance and Coinbase, which offer optimal security for cryptocurrency storage and exchange.

How Quant (QNT) Works ?

Quant relies on a unique protocol called Overledger, which connects different blockchains while maintaining the independence of each network. Unlike other platforms that focus on creating their own blockchain, Quant acts as an interoperability layer between several chains, enabling users to transfer data and assets from one network to another without needing a centralized intermediary.

Technology used:

Type of blockchain/consensus :

Quant uses a hybrid consensus mechanism combining elements of Proof of Work (PoW) and Proof of Stake (PoS), allowing it to be secure while offering optimized performance.

EVM Compatibility :

Quant is not directly compatible with Ethereum Virtual Machine (EVM), but it allows seamless interaction with Ethereum and other EVM-based chains through its Overledger protocol.

Technical specifics :

• Interoperability : Overledger enables data and asset exchange between blockchains.
• Oracles : Quant integrates oracles to connect external data to smart contracts, enhancing automation and transaction reliability.
• Layer 2 : By utilizing Layer 2 solutions, Quant improves scalability and reduces transaction costs.

Utility of the QNT token :

The QNT token is used to access the Overledger protocol, pay transaction fees, and secure the network through nodes. It also plays a crucial role in Quant’s economic model, allowing holders to participate in governance and decision-making on the platform.

History and Creation of the Project

Quant was launched in 2018 by Gilbert Verdian, an entrepreneur and blockchain technology expert, with the goal of solving the interoperability problems between different blockchains. His idea to create a universal connection layer to facilitate cross-chain exchanges led to the creation of Overledger, an innovative protocol that allows blockchain networks to work together.

Geographical origin :

Quant was founded in the United Kingdom, and benefits from its team’s extensive experience in cybersecurity, financial technologies, and blockchain technologies.

Key milestones :

• ICO (Initial Coin Offering) : Quant successfully raised millions of dollars through an ICO to fund its development.
• Mainnet : After several years of development, Quant’s mainnet was launched, providing users with the full capabilities of the network.
• Major partnerships : Quant has forged partnerships with major international companies, particularly in the finance and technology sectors, to promote the adoption of its Overledger protocol.