Apr 24, 2018
PLATFORMS – INFRASTRUCTURE FOR APPLICATIONS The Overledger is the platform on which MApps (multi-chain decentralized applications) and Treaty Contracts (Multi-chain Smart Contracts) will run. Quant Network will provide the means for Enterprise and developers to create applications to interact across blockchains using a Software Development Kit (SDK). Enterprises and developers are currently restricted working with Blockchains and as such: · Lack the freedom or flexibility to easily migrate to another blockchain technology when required. · Have limited resilience and instead face increased risk and exposure by being dependant on a single technology. · Forced to manage cost lock-in by not being able to manage consensus fees which are set with no option to remediate. With those problems in mind, Quant Network is creating patent-pending Overledger OS, which will not only enable blockchain interoperability but connect existing networks and the Internet to blockchain. Overledger is set to remove barriers to mass-adoption and to address the current limitations of blockchain technology: · Overledger is the only platform to facilitate internet-scale development and deployment of decentralised, multi-chain applications (MApps) and Treaty Contracts (multi-chain smart contracts); · Overledger’s unique platform and suite of solutions will connect the Internet to blockchain as outlined in the Business Paper launched this week.
Enable applications to function across multiple blockchains and multiple protocols (MApps multi-chain applications):
· Not be limited to any single vendor or technology. · Cost Management - Provide enterprises and developers with the ability to manage blockchain fees. · Treaty Contracts – evolution of Smart Contracts recognised across blockchains.
Other Interoperability Blockchain technologies introduce additional complexity, overhead and technical risk by:
1) introducing another blockchain on top existing blockchains
2) Adding another consensus mechanism in addition to underlying blockchain consensus
3) imposing limitations to connect chain to chain.
4) Mandating a fundamental change to an enterprise’s systems to user their technology.
April 2016- October 2016
December 2017 - March 2018
March - April 2018
Attention. There is a risk that unverified members are not actually members of the team
$61 000 000
$36 800 000
This is a new block chain operating system designed to solve the problem of single-ledger dependency. It will achieve this by increasing commutability among deploy distributed ledger (DLTs) thus allowing general-purpose apps to run on different block chains. It also introduces a vendor-dependent wire-level protocol for message-oriented middleware.
NOTE: Quant Overledger has all the features of a great block chain operating system. It addresses the challenges that similar system faces and propose very interesting concepts on interoperability connection method and scalability making it a very attractive venture. I will certainly invest in it.
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