Quant (QNT) is a cryptocurrency and agnostic platform made by Gilbert Verdian in 2017. It is a decentralized blockchain platform that connects the world's networks and facilitates the development of multi-chain applications (MApps).
The Quant Network is focused on interoperability of blockchains and internet data. Powered by their Overledger OS the team have set out not only to connect blockchains together but also connect them to the overall data from the internet. Put simply, the Overledger is a ledger of ledgers which will allow blockchains to communicate with each other as well as the outside world. It is split into four separate layers that allow Quant to achieve its interoperability which are the Transaction Layer, the Messaging Layer, the Ordering Layer and Application Layer. These four layers create the Quant network and help to connect blockchains to each other and outside data sources. Launched with an ICO in Q1 2018, the team behind Quant managed to raise around $11 million.
One of its key features is the ability to develop MApps. The Quant Network and Overledger technology allow developers to build decentralized multi-chain applications that can take advantage of different blockchains for different parts of the application. In essence, a developer could create a MApp that takes advantage of the transaction speeds of Stellar whilst maintaining privacy features through the Monero blockchain, provided these two blockchains are both connected to the Overledger OS. The QNT tokens are used to provide digital access to the MApps by both developers and users.
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