Understanding Quant’s Current Market Position
Introduction to Quant (QNT)
Launched in June 2018, Quant emerged with the innovative goal of connecting blockchains and networks across the globe. This initiative aims to achieve seamless network efficiency and compatibility. As the pioneer in addressing blockchain interoperability, Quant developed the first blockchain operating system.
The Architecture of Quant’s Ecosystem
This project is fundamentally designed as an operating system for distributed ledger technology and the Overledger Network, which acts as a connective layer between various blockchain networks. It proudly claims the title of the first blockchain-specific operating system, with its primary objective being the integration of disparate blockchain systems.
Overledger Network: The Backbone of Quant
The Overledger network is pivotal to the Quant initiative, acting as the structural foundation upon which the digital economy of the future is expected to be built. It empowers developers to create decentralized multi-chain applications, known as MApps, for their clientele. To develop a MApp on this network, developers are required to possess a certain amount of Quant tokens (QNT).
The Visionaries Behind Quant
The concept for this groundbreaking blockchain project was envisioned by Gilbert Verdian during his tenure in the healthcare sector. He realized the critical role of interoperability in ensuring that patient data across varied systems is seamlessly integrated. Co-founder Dr. Paolo Tasca brings his expertise as a digital economist and authority in distributed systems, contributing his extensive knowledge to the project. Dr. Tasca is also a prolific author in fintech and serves as the co-founder and chairman of the Retail Blockchain Consortium’s governing board.
Discover More About Quant’s Market Trends
For those interested in exploring price predictions and market trends for Quant, consider downloading the leading cryptocurrency application, CoinGabbar. Stay informed with the latest insights and analysis on Quant’s price dynamics.
Further Reading
Also explore: Quantfury (QTF) Price in USD
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