The Internet has opened doors to a world that was never before possible. Nowadays, almost every aspect of our lives requires us to interact with computers or the Internet. And that also means that the Internet has shaped the way we live today. Unfortunately data stored on blockchains is not transparent and is used to enhance our lives. However this could change with Quant and its new cross chain system!
What is Quant?
Quant is a company with a token that is used to power Quant Network’s Overledger brand of enterprise software solutions. Its aim is to connect public blockchains and private networks. The network allows the creation of so-called mDapps that enable decentralized applications to operate on multiple blockchains at once.
How does Quant stand out?
First users can connect any type of digital ledger system with another. For example I could interact with a bank using Etherium while the bank uses Bitcoin. The technical term is mApps (Multi chain applications). Also there is no technical expertise necessary to use the cross chain function.
Quants features and opportunities
Features
•Plans on SAAS (Software-As-A-Service), it will feature solutions tailored to needs of individual sectors based on demands like health care
•Enterprise Products (Electronic health records, decentralized messaging solution)
•Middleware products (Treaty contracts)
•Fiat currency gateways
•ISO 20022 cross chain system standard (International Standard for organisation)
•Overledger system (Cloud-based Enterprise Distributed Ledger Technology operating system, that connects to many DLTs and other Application Programming Interface) (Application refers to software with distinct function, Interface refers to contract of service between two applications.)
Opportunities
- Make cross chain transactions easier
- Safe solutions for health care
- High secure treaty contracts
- Cross border payments, easier payments
- Standard required for all banks in 2025 (Only few possess this cross chain transaction standard)
- Overledger system:(Choices: interoperability, flexibility and not be locked-in avoid buying additional infrastructure while complying to security and regulation)
Notable partners
• Oracle
• Lacchain
• Nexi
• Amazon AWS
What can I do with this knowledge?
One Option is to invest in Quant by buying tokens. The current token price is at 105.99$ on Coinmarketcap. When one scrolls down its visible that Quant can be purchased on Binance, Coinbase, Kucoin or Kraken.
All that is necessary is a wallet where coins can be stored. My favorite platform is Kraken since its in my experience a safe, easy to use platform with low transaction cost. But I will come back to that later.
Should I invest in Quant?
– 105.99$, relatively expensive for small capital investors
+ Limited supply,14 million in total less than Bitcoin
+ ISO 20022 standard could be huge, standard for all banks in 2025
+ High class management (Gilbert Verdian, Martin Hargreaves and Lara Verdian)
+ High class partners (Oracle and Amazon AWS)
+ Medium market cap ($1,274,817,762, still lots of room to grow)
+ Cross chain transactions could be revolutionary
+ Overledger could be huge step against fraud or money laundering
Conclusion
Regarding all aspects I am very bullish on Quant especially with the ongoing downfall in its price. From my standpoint the project has a longterm vision and could become very successful.
Especially the ISO 20022 standard can keep this company attractive to the world. In addition having longterm partnerships with Oracle and Amazon AWS indicates tech experts opinions.
I join the opinion of the 2 famous partners and see Quant adding value to the crypto and real world. Speaking of the real world the Canadian company puts itself in a good position for smart cities.
Quants goal is to let smart devices interact with another. Besides the futuristic cities the Overledger system could help governments fight the opaque scams of the crypto world.
How to buy Quant step by step
1. Click this link and you will be on the Kraken Hompage. If you already have an account you can skip the following steps and search for BAT on the price index on top of the page.
2. Chose create account
3. Create a username and password
4. Verification via Email address
5. Once this is done login and click on prices to find all tradeable currencies.
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Important
Please note that this is not financial advice in any form and investments should only be done after research was made. Also be aware that I invested in Quant. This article only shows my personal opinion and should only be viewed as a presenataion not an inductment for investing.