Quant Networks? What is that you say. Well, it is the project that is about to help bring blockchain and cryptos mainstream. Quant Networks has not received the attention of many projects that are hyped and shilled throughout the cryptosphere; however, history will be kind and remember it as the project that sparked the corporate crypto revolution. Quant Networks is solving the problem of interconnectivity, trust, and privacy issues which is deterring many corporations from using blockchain technologies. Quant has designed what it calls the “Overledge” which will be the layer between traditional corporate IT infrastructure and the blockchain technologies their would like to access to improve efficiency.
The key point of the “Overledger” is that it is completely blockchain agnostic. In today’s landscape, there are various blockchains; each independent and unable to communicate with other chains. With Quant’s Overledge, this will no longer be a problem. Through the ‘Overledger” companies will be able to access, read, and write to the DLT’s of other blockchains which will be necessary in a world with multiple chains in use by various departments and affiliated customers/clients. This lack of interoperability is what has held the adoption of blockchain technologies back from being used more widely by governments and companies. Thanks to Quant Networks we are about to embark on a new era that will rival the industrial revolution.
Quant will be an OS of sorts offering a variety of Dapps via a very user-friendly interface built on the TCP/IP inspired protocol. Between the blockchain ecosystem and the user will be four essential layers; “transaction layer”, “messaging layer”, “filtering and ordering layer” and “application layer”. The “transaction layer” is where data can be saved, appended, and queried for use. It is also where the Quant consensus mechanism resides. The “messaging layer” is the brains of the Quant Network protocol; here is where data pulled from other DLT’s is interpreted and digested. After the data is interpreted, it is stored in a manner similar to “shards”; which will allow the system to scale. I venture to say this is the most important layer of them all; as scaling and reading various cross chain data by one system is the Holy Grail clients are looking for.
The “filtering and ordering” layer is where connections between different messages in the messaging layer are connected. Only messages that received a transaction hash are filtered and ordered; layer is where transactions are validated. In this layer, certain permissions and customizations can be added to filter transactions based on the users preferences. Finally, the “application” layer is where the validated messages (applications) reside. Messages can update and modify the applications here as long as there are valid reference hashes between the application and message.
The technology behind Quant Networks is revolutionary; as well as the business landscape which Quant plans to dominate. In Q1 of 2019, Quant plans to launch its app store where both developers and clients will be able to shop for the various business solution apps for use on the blockchain. Developers will be able to decide how much they wish to charge; and access to the Quant app store will require QNT tokens. Quant is also developing its’ own Saas products targeting industries such as finance, healthcare, supply chain, and government; just to name a few. In addition, Quant Networks will support customization of these products which will be tailored to the various needs of their clients. Instead of a one size fits all approach, Quant wants to insure that its’ customers are able to receive the most efficacy from its services, which makes the customization aspect very appealing to clients. The Quant Networks team will even go the extra step by providing specific solutions for enterprises, aside from their main products.
Quant Network’s services are based on patented technology that no other company will be able to offer. This is a very important point; as most open source projects cannot ensure that their code isn't actively being probed by hackers for vulnerabilities to exploit. In addition, clients will know that the services that they are subscribing to are unique and limited to the few customers within the Quant Network family.
Quant Networks appears to have everything going for it. Hopefully, you have decided to become a member of the Quant Network family. The TGE event is scheduled for June 25th, 2018. So if you haven't gotten your tokens already, hope to see you at the exchange. For more information Quant, please have a look at the following links:
Whitepaper: https://www.quant.network/whitepaper/
Telegram: https://t.me/QuantOverledger
BCT ID: https://bitcointalk.org/index.php?action=profile;u=1260230;sa=summary