#QuantNetwork (#QNT ) is a project developed to provide interoperability between different #blockchain networks and connect them with greater flexibility with global networks. The core of the project is the Quant Network, a blockchain ecosystem operating through the Overledger platform. #BTC #Binance
Overledger facilitates the creation of decentralized applications (dApps) on the blockchain and can leverage multiple blockchain networks rather than a single blockchain with limited capacity.
The project aims to bridge the gap between different blockchain networks using a distributed ledger technology and the Overledger network, connecting them without creating barriers to interoperability.
QNT tokens are required for developers to create an mApp on the network, and they are used to pay platform usage fees or annual licenses for Overledger.
The primary goal of the project is to bridge the gap between different blockchain networks and connect them together in financial services, healthcare, and other areas that operate globally but have interoperability issues.
Quant Network is known as the first globally operating operating system that connects blockchain networks and networks without impeding interoperability.
Overledger is a platform that facilitates interaction between different blockchain networks and networks. This platform acts as a bridge between different blockchain networks, allowing applications to run on different blockchain networks. Overledger also allows applications running on multiple blockchain networks to interoperate.
Overledger uses an architecture similar to the TCP/IP model, where functions are organized in layers. These layers:
Application layer: This layer is where applications run, and application developers can write applications that run on different blockchain networks.
Protocol layer: This layer includes protocols that facilitate communication between different blockchain networks. Overledger protocols facilitate communication between different blockchain networks.
Bridge layer: This layer is responsible for communication between different blockchain networks. Overledger bridges manage the flow of data between different blockchain networks.
Network layer: This layer is responsible for communication between different networks. Overledger networks facilitate communication between different blockchain networks and networks.
Overledger removes communication barriers between different blockchain networks and networks, giving application developers the ability to write applications that run on different blockchain networks and flow data between different blockchain networks. This makes blockchain adoption more user-friendly and increases its usage.
The idea behind establishing Quant Network came from CEO and founder Gilbert Verdian, who discovered the importance of interoperability while working in the healthcare industry.
It is tasked with providing coverage for patients registered in various networks and placed in multiple data sets. Verdian wanted to ensure that interoperability did not create problems for patient data transmission, so it founded Quant Network.
