[{"category":{"name":"BitScreener Exclusive","exported_url":"bitscreener-exclusive"},"id":"4f70f93f-7907-47bf-b6c2-ca210e59b5c4","updated_at":"2022-07-13T12:33:00+00:00","account":{"firstName":"Mason","lastName":"Thompson"},"description":"Blockchain technology, these days, is making a great effort in creating a universal network of decentralized applications for customers. Deemed to be a bridge using Overleger technology, Quant was born to remove barriers to cross-blockchain communication, offering interoperability for data and apps. Let’s take a deep dive into Quant and its QNT token!","sapo":"Blockchain technology, these days, is making a great effort in creating a universal network of decentralized applications for customers. Deemed to be a bridge using Overleger technology, Quant was born to remove barriers to cross-blockchain communication, offering interoperability for data and apps. Let’s take a deep dive into Quant and its QNT token!","title":"Quant (QNT): Is It a Good Investment?","content":"

Overview of Quant

Quant is a technology platform striving to solve the problems of interoperability among networks on a global scale by creating a blockchain Operating System called Overledger OS.

Quant is a protocol supporting mass adoption of distributed ledger technology (DLT) and providing interoperability with development tools for enterprise-grade applications.

Quant network facilitates the creation of DeFi multi-chain applications (mApps), which can operate on several different blockchains.

Quant claims to be a pioneering technology company creating cutting-edge technology based on experiences in cybersecurity management, promoting interaction between businesses and customers.

History of Quant

Quant project was brainstormed around 2015 when Gilbert Verdian discovered the potential impact of distributed ledger technology (DLT).

In 2018, the Quant project was officially kicked off by Gilbert Verdian founder. The project was funded through an initial coin offering (ICO) that raised $11 million.

Dr. Paolo Tasca joined Quant company as the CSO, and afterward together with the CEO created Overledger in 2018.

Following the explosion of the crypto market in 2021, on November 9, the QNT token hit the all-time high ever of $428.38.

About Quant (QNT) token

Built on the Ethereum blockchain, Quant (Symbol: QNT) is the native utility token of the Quant network, used to access products and services that Quant offers.

The QNT token serves the following utilities:

Payment for network resources: QNT tokens are used to pay for network resources to gateway owners.
Staking: Gateway operators stake QNT with the treasury to ensure higher priority in the transaction order.
Licensing fees: Users charge an annual licensing fee in QNT tokens for application development on Overledger.

How Quant works

Quant protocol contains some major components working in cooperation, including:

Overledger Network is an open network connecting a range of public and commercial DLTs, helping to break down DLT silos and make DLT technology more accessible to mainstream enterprise developers.
Overledger Community Network is a DLT native network with many cost-effective features to widen the DLT community. The Overledger Community Network is also a testing ground for new innovative features of the protocol.
SeeQ is a distributed search engine to search and retrieve data from multiple blockchains. It is integrated with Overledger as an optional module.
Gateway Operators is a portal for users to operate a gateway to provide access to resources. Gateway operators may set the price and terms of service for their gateways.
Quant mDApps is another unique feature of the Quant protocol. DApps are blockchain-based, and mDApp allows different DApps to run on many blockchains.

Features of Quant

Quant network alongside Overledger will securely remove barriers to cross-blockchain communication, providing data and application interoperability across blockchains.

Quant stands out among other protocols with the priority to:

develop interfaces to connect global networks with multiple blockchains;
connect existing networks like financial services to new blockchains;
develop a new operating system with a protocol and platform that empowers developers to easily create next-generation multi-chain applications.

Outlook on QNT token

Quant constitutes the bridge between blockchains and modern technology in an attempt to invent and implement DeFi applications operating on multiple blockchain platforms, thereby boosting a universal blockchain network.

Designed with an infrastructure serving both current and future blockchains, Quant closely cooperates with others instead of competing with them. The higher others’ popularity, the greater demand for using Quant.

Its striking utilities play a vital role in pushing the value of its QNT token. On July 10, 2022, QNT enjoyed an impressive increment of nearly 40% to $88.92, the highest peak within a month. At the time of writing, the QNT token remains at the price of $83.31, expected to make an unexpected bounce in the downtrend market.

Explore all the trending topics and hottest news in the crypto market with our Blogchain.

Meanwhile, play trading game and earn real tokens with CryptoSim - Virtual Trading Game.

","tags":[],"image":{"fileName":"quant-qnt-deep-dive.png"}}]

Quant (QNT): Is It a Good Investment?

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