What is Quant (QNT)?

Quant provides a number of blockchain solutions via an operating system that the company has developed, which is called Overledger. The project claims to provide accessible, easy-to-use plug-and-play solutions to connect up enterprise software and blockchain platforms.

Different blockchains can connect and interact through Quant’s Overledger API gateway. While the technology may seem complicated, the API gateway claims to create routes to link up all types of technology, so businesses do not need to alter their whole technological ecosystem to incorporate blockchain into it.

The company describes itself on its website as “connecting all the world’s distributed ledgers for faster, more efficient growth”, and says it wants to provide its interoperability solutions to governments, businesses and individuals.

QNT coin

QNT is the native token of Quant. It is a utility token, designed to support a range of functions in the Quant ecosystem.

For example, developers and enterprises need to buy licences in fiat currency to utilise the platform’s offering. The payments in fiat are then used to purchase QNT coins which are locked up for 12 months in the protocol’s system.

Quant founder

Gilbert Verdian is the main founder and CEO of Quant. Based in London, Verdian obtained a BA in business from the University of Technology in Sydney, before completing an MA in Business Administration at the same institution. Before founding Quant, Verdian worked in a range of wealth management, cyber security and distributed ledger-related positions.

Who Quant Serves

• Financial Institutions

• Enterprises

• Partners

• Developers

Quant empowers banks, asset managers, and other financial institutions; enterprises, typically with international operations; and the technology partners and fintech developers who support them.

An empowered, interconnected world

The DLT market was valued at $3.0bn in 2020 and is expected to grow to $39.7bn by 2025. Why? Because it has the potential to deliver immense benefits for enterprises across almost any industry. New revenue streams are being created, costs cut, and risks mitigated.

Digital currencies

Central banks across the world are investigating the adoption of digital currencies, while commercial banks are issuing their own stablecoins – often to great acclaim.

Payments

Payments – whether in digital currencies or fiat currency – are more flexible and secure when handled over blockchain. With blockchain, you can send and receive digital payments, set up payment and collection processes such as crowdfunding, then automatically push the funds to an exchange to be converted into fiat currency.

Supply Chain and Trade Finance

Blockchains are bringing clarity and certainty to areas such as procurement, logistics, provenance, customs and payments – helping to make notoriously complex global supply chains greatly more efficient.

Capital Markets

Assets of all kinds – both physical and digital – are being tokenised. Issuers are gaining access to entire new pools of liquidity, while investors are diversifying their portfolios in ways they could only dream of just a few years ago.

Compliance

While blockchain has attracted some cynical press coverage, the truth is that it can make the analysis of transaction patterns easier for tax authorities, regulatory bodies and other agencies. It can be used to simplify self declarations, enforcement or anti money laundering operations.

The Service...

1. Financial institutions: Whether you work for a bank, an investment firm, or other financial institution, blockchain allows you to exchange information and assets more securely and cost-effectively. Your challenge though is how to implement it simply while protecting your existing IT investments.

2. Enterprises: Whether it’s cross-border payments, supply chain challenges, or raising capital, blockchain enables enterprises operating in multiple markets to exchange information and assets more securely and cost-effectively. Your challenge though is how to implement it simply while protecting your existing IT investments.

3. Partners: Whether you’re a platform provider, an independent software vendor, or a consultancy, chances are your customers are drawn to the benefits blockchain promises but daunted at the complexity and specialist knowledge required to realise them. Quant is here to help.

4. Developers: Do you want to build amazing apps that run on any blockchain? Is your blockchain knowledge limited? Quant is here to help.

Secure, compliant digital currencies that operate at scale...

Well-regulated digital currencies, whether at a national or commercial level, can provide significant public benefits, by increasing efficiency and reducing costs for both domestic and international payments systems. They can also play a major role in increasing financial inclusion by helping the hundreds of millions of people – especially in developing countries – to connect to the financial system.

The Challenge to Regualtion

Yet, without proper regulation, such currencies face serious challenges, particularly in the form of privacy and security, standards compliance, transparency, usability and performance at scale. Until these challenges are met, digital currencies will pose a threat to national economies.

The Solution

Quant enables a simple and flexible implementation of a digital currency – a solution which provides the flexibility to support a wide range of use cases reliably, securely, and at the scale necessary for commercial national and international implementation. We facilitate:

• Central bank digital currency issuance and transactions

• Commercial stablecoin issuance and transactions

• Tokenised money

What does Quant do?

Quant solves pressing problems in finance with solutions for:

• Digital currencies: Central banks across the world are investigating the adoption of digital currencies, while commercial entities are issuing their own stablecoins – often to great acclaim.

• Payments: Cross-border payments – whether in digital currencies or fiat currency – are more flexible and secure when handled over blockchain. With Quant solutions, you can send and receive digital payments, set up payment and collection processes such as crowdfunding, then automatically push the funds to an exchange to be converted into fiat currency.

• Supply Chain and Trade Financed: Blockchains are bringing clarity and certainty to areas such as procurement, logistics, provenance, customs and payments – helping to make notoriously complex global supply chains much more efficient.

• Capital markets: Assets of all kinds – both physical and digital – are being tokenised. Issuers are gaining access to entire new pools of liquidity, while investors are diversifying their portfolios in ways they could only dream of just a few years ago.

• Compliance: Blockchain can make the analysis of transaction patterns easier for tax authorities, regulatory bodies and other responsible institutions. It can be used to simplify self-declarations, enforcement, or anti money laundering operations.

• Insurance: By removing intermediaries, blockchain could completely transform the insurance industry with a wide range of use cases, from the optimisation of existing processes to the introduction of new business models.

Quant's Products Start whith an Overledger

Overledger is the world’s first blockchain-agnostic API gateway. It enables interoperability byconnecting businesses to multiple distributed ledger networks.

The Overledger features...

1. Universla Interoperability: Providing a secure, simple, and cost-effective API connection to all major DLTs, Overledger’s highly modular architecture offers universal interoperability through the continuous addition of DLT and API connectors.

2. Speedy implementation: No need for specialist DLT staff and the SaaS API means no installation or run costs.

3. Integration into enterprises

4. Scalability: With Quant blockchain-agnostic approach, your existing infrastructure investments are protected. And the door is open to future cross-platform applications.

OverledgerTokenise

Create secure digital tokens, without writing a single line of code.

Any application, any blockchain With its suite of smart contract templates, designed by our experts and externally verified to the highest levels of security, Tokenise empowers you to create and deploy institutional grade tokens with ease and speed.

Digitisation. Done right

Digital assets – whether they be currencies, fractionalised equities, or even NFTs – are one of the largest growth areas in finance because they are typically easier, more secure and less costly to manage than their physical counterparts. These digital assets are represented on a blockchain by so-called tokens.

The Challenge to Tokenization

The problem with tokens is that their smart contracts, the underlying method of creating and managing the tokens, are frequently the target of intelligent attackers. One single vulnerability in the contract can result in millions in losses for an unsuspecting token issuer.

Creating a truly secure contract, then auditing and verifying it properly, before finally deploying it across blockchains requires deep understanding of smart contracts. This is costly and time consuming.

How does Quant do it?

• Products: The solutions Quant provides for thier customers is built using the same patent-pending products we make available to our partners and developers.

• Networks: Quants's vision is one of an empowered, interconnected world. And that means building interoperable ecosystems of businesses and individuals who can share information seamlessly. In short, networks.

• Ecosystems: Quant is moving towards an empowered, interconnected world. To achieve it, not only do we put interoperability at the heart of our own solutions but we work closely with an ecosystem of other specialists who share our vision.

Quant solutions are built on the same patent-pending products and trusted networks we make available to our partners.

Business magazine Fast Company recently covered Quant’s work on opening new cross-border and domestic payment opportunities in Latin America and the Caribbean with LACChain and Oracle.

The BRIC economies were once tipped to reshape the global financial landscape, but Brazil and the rest of Latin America’s potential have yet to be fully realised. LACChain, a pan-regional blockchain programme run by the International Development Bank has stepped in. Working with Quant, they’ve launched an initiative using distributed ledger technology to help solve one of the region’s most pressing economic issues.

The speed and cost of payments and remittances remain a key challenge for business owners exporting products in Latin America. They often have to wait weeks to be paid. “It comes down to cashflow, and there’s a lot of uncertainty. You can’t have transparency of where your money is, and how long it will take to get paid, so it’s a case of wait and see for the business owner,” says Quant’s Founder and CEO Gilbert Verdian.

To solve this issue, LACChain uses blockchain and integrates it into the core banking infrastructure. Users can then receive payment in the form of a new digital Latin American dollar straight away and redeem it as local currency from their bank. “Real-time digital assets make getting paid instantaneous. All users need is a phone,” says Gilbert.

Quant’s Overledger API gateway helps make this happen by enabling participants to connect their private, public, and permissioned blockchains to LACChain.

Oracle certified the Overledger Gateway as an interoperability solution for its Oracle Blockchain Platform last year, enabling its customers to orchestrate transactions spanning Oracle Blockchain and other permissioned and public blockchain ledgers more easily.