Buy Quant Network (QNT)

By July 3, 2019Blog

This guide was inspired by a thread started by Twitter user MArsene4. It’s the summary of their research into the token, simplified into the key points. I’m going to create a simple guide on why Quant Network is worth buying with sources provided for verification. For a more detailed analysis on Quant Network read the guides here by CryptoSeq .

1.) Overledger connects blockchains

This has long been a barrier for entry with enterprise and financial institutions. Overledger removes that barrier, by becoming the operating system that enterprises can use to securely access Blockchain technology.

The Microsoft Windows of Blockchain.

With the teams’ experience in the industry, they are targetting the financial sector with Banks their most recent focus.

Overledger is providing interoperability by connecting to 10 Blockchains. These include the Enterprise 5 Permissioned blockchains.

  • R3’s Corda
  • Hyperledger
  • Permissioned versions of Ethereum
  • JP Morgan’s Quorum
  • Ripple
  • Bitcoin
  • Ethereum
  • IOTA
  • EOS
  • Stellar

2.) Partnered with the largest Financial Network Provider in Europe

SIA currently works with 570 banks and manages over 14 billion institutional services transactions, 7.2 billion card transactions, 3 billion payments, 51.7 billion financial transactions. They are working with Quant Network to integrate Overledger into their banking system.

 SIA and Quant Network have signed a partnership agreement to explore blockchain interoperability and the creation of agnostic cross-platform applications and services for banks and financial institutions.

SIA Europe

3.) Quant Network has been named Gartner Cool Vendor 2019

Winners – include:

  • BAT – $400,000,000 (Market Cap)
  • LINK – $1,280,000,000 (Market Cap)
  • QNT – $80,000,000 (Market Cap)

4.) Quant Derives its value from paying Enterprise customers

Quant tokens are not created nor destroyed they are simply locked away when a user takes a licence. This purchase is facilitated by the Quant Treasury and allows enterprise users to reduce counterparty and transaction risk.

When licences to access over ledger are used, the Quant treasury by tokens from the open market and locks these away from the open supply until the licence expires. As the number of clients and transactions increases, the value of the Tokens will continue to rise.

By targeting large financial institutions first they will not only immediately drive revenue but trust in the product.

5.) Total Supply is fixed

The total supply of coins is fixed at 14,612,493. As Quant is not used to spend as a currency in the traditional sense, it does not require mining or emissions in order to keep the network secure.

With no new tokens being created and the amount locked up per year expected to increase annually, it’s a create value proposition.

6.) The Quant Team is experienced in industry

Gilbert Verdian(CEO) was the Chief Information Security Officer at Vocalink (Mastercard) Gilbert was in charge of Security for the Faster Payments service in the UK.Previous roles at HSBC, PWC, HSBC, EY, UK Government, HM Treasury and Bank of England.

Gilbert is the founder of the Blockchain ISO Standard TC307 and is the Chair of the UK’s national committee on Blockchain and Distributed Ledger technologies

Guy Dietrich, Managing Director of Rockefeller Capital joins the board of Quant Network to support the companies expansion into the US.

COO, Cecilia Harvey joined from HSBC Global Banking and Markets. Cecilia is a Tech Women 100 Winner and also worked at Vocalink, Citi, Barclays, Accenture, IBM and Morgan Stanley.

ETH/ QNT Donation Address: 0x7a93830eE65ae1a161C8760993D06A24721A193D

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Author bettingbitcoin

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