QUANT NETWORK AMAs
AMA = ASK ME ANYTHING
The Quant Team does AMAs (Ask me Anything) every other Monday from 1-2pm London Time (UTC) in the Quant Network Overledger Community Telegram chat. In case you missed them live, you can find them below. Everything here is easy-to-find and easy-to-read. All Telegram messages link back to their source.
QUANT NETWORK
AMA
ASK ME ANYTHING
11‑FEB‑2019
TELEGRAM ‑ 4 MIN READ
HIGHLIGHTS SUMMARY
- Breaking: Quant Network’s new cloud partner to have 480,000+ enterprise customers. Announcement could come as soon as February. In addition, Quant Network is beginning collaboration with another large cloud provider.
- “We have a lot of client work we’re doing, which will be public in Q1” – Gilbert Verdian
- Potential collaboration with Capco, a global business and technology consultancy.
- IOTA connection and Partner MOBI: Part of Quant Network’s preparations for the rapid market developments in the IOT and 5G space.
- GoVerify’s use cases are manifold: It can be used in any application to verify the sender of any communication to the receiver. Crypto definitely a space where GoVerify can be used.
- Distributed search engine to be the next mApp after GoVerify.
- Developer Portal users include developers and organisations actively using SDKs (Software Development Kits) to build their own mApps, software development companies developing mApps for their clients, integrators of mApps that were developed by Quant Network, and, after mApps are published, clients looking to purchase mApps and to use them as-a-service.
- Overledger Developer hackathon in Adelaide, South Australia, Convention Centre, 18th – 20th March 2019.
- Preparations to build Overledger have been ongoing since 2015. Patents were filed when code development began in 2017. This positions Overledger well to come to fruition this year.
- Quant setting up grass roots efforts by partnering with UCL (University College London) as well as looking into other universities, and taking on paid interns.
- Quant Network’s extensive list of relationships a result of the team’s (impressive!) background, experience, and networks.
- Quant Network to enable mass adoption of DLT technology by enterprises for creating new business models, products, and services, by helping Enterprises to make the decision to adopt DLT easy, and by providing them the tools to simplify the process, and integrate DLT with their corporate systems.
- Quant Network’s primary focus is on Financial Services, Healthcare, Supply Chain, IoT, Government, and Telecoms. Other sectors could benefit from Overledger as well.
- Quant Network to expand team in different locations to meet demand. Exciting year ahead.
- See the full AMA here …
QUANT NETWORK
AMA
ASK ME ANYTHING
31‑JAN‑2019
TELEGRAM ‑ 3 MIN READ
HIGHLIGHTS SUMMARY
- Quant involved in a venture for the EU. Announcement with lots of media attention on 6th of March.
- 10 VERY large organisations registered in Overledger Dev Portal, 84 organisations registered in total, some working on behalf of customers to create mApps.
- Overledger developers currently hold 1.6m tokens in their wallets, and this is just a glimpse of the utility model when the Treasury comes online.
- Many surprises and updates coming up prior to 6th of March.
- Quant Network to comment on Quant Token Utility Paper V0.1. Thinking is based on real world usage, not theoretical economics analysis. Model expected to be optimised over time. Priority is continuous development of Overledger, increasing value of the platform, which is reflected in pricing, and a good uptake of the platform, which is reflected in the demand for the token.
- During the 1-year renewable licensing period, the tokens used for the licensing are removed from circulation, either locked in a smart contract or moved to the Treasury.
- Quant to work with the community to evolve the model, especially when it’s live, and when real world usage can be observed.
- Pricing to evolve with the help of a pricing strategy firm. Pricing for the community to be published, enterprise pricing to remain visible only to the client.
- Quant to describe Overledger circular ecosystem as “similar to the Bank of England’s monetary supply”.
- Quant pioneering with Overledger, and its economy and model, which is solved with real world usage, working technology and real customers, developers and enterprise.
- Quant expanding to New York. Already working on it.
- Marketing a priority for Quant at this stage. They are hiring more people and engaging content writers and digital agencies.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
28‑JAN‑2019
TELEGRAM ‑ 7 MIN READ
HIGHLIGHTS SUMMARY
- Quant to announce one of the biggest cloud providers to deliver Overledger as a Service globally.
- Quant Network to confirm ongoing relationship with Railsbank.
- Quant working with an international trade body to use Overledger for cross-border trade.
- Quant working on Digital Clinical Trials with a Government Health agency. Details to be announced in Q1.
- Upcoming bank partnership announcement to explain nature of collaboration with Quant.
- Quant looking to assist HMRC in the PoC (Proof of Concept) stage with the Future Borders programme.
- Relationship with Data61 progresses to the offering stage, possibly concerning open banking and overlay services with payments using Overledger.
- Large partners and customers signed during recent trip to Milan.
- Multiple client- and corporate opportunities on recent trip to NY. Quant looking to expand to the US.
- Quant meeting with leader on Trust and Identity, ObjectTech, who is working with Dubai airport in preparation for Dubai 2020.
- Quant working on use cases for DLT on the Government’s Health DLT Committee (chaired by CEO Gilbert Verdian) along with members including NHS (National Health Service) England and NHS Digital.
- Quant to be releasing Overledger Health, the OS designed specifically for Health clients, connecting to clinical-, non-clinical systems, and blockchains, to solve health-specific use cases. Quant to confirm 1st client using Overledger Health.
- Quant Network able to make a Government announcement after 6 March 2019, hinting at larger implications.
- Quant working towards public announcements in Q1 with their top clients.
- Quant hinting at regulated derivatives exchange/mApp for demonstrating Overledger’s capabilities.
- Quant looking to present at Consensys.
- Quant Token to be listed on top 10 exchange Digifinex on 31 Jan 2018, along with previously announced listing on IDAX. More exchanges to come. Progress made with additional exchanges, one in top 10 and one very reputable, both with significant real volume (more than the previous), in line with the transparency report.
- Initial Token Usage paper to be released by the end of the month: Description of treasury function that will handle the enterprise- as well as the open-source uses for Overledger.
- Treasury function to be released in 1st half of 2019.
- Quant reveals plans for building a dashboard to show the volume and transactions flowing through Overledger.
- Treaty contract technology (Trust Tag) protected by patents.
- TrustTag’s capabilities to include fraud prevention, and solving supply chain counterfeit problems.
- Overledger to feature highly secure architecture with client-side encryption, and security built into treaty contracts (multi-chain smart contracts).
- Overledger capable of multi-chain cloud storage.
- Hands-on workshop to develop mApps announced: London, 13 Feb 2019.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
14‑JAN‑2019
TELEGRAM ‑ 6 MIN READ
HIGHLIGHTS SUMMARY
- 84 organisations registered as Developers in Quant’s Developer portal. Software development companies already using Overledger for their customers.
- Quant has two banks (incl. Lloyds), one airline, two government authorities, and two logistics companies looking at GoVerify. The mApp version of GoVerify is being fast-tracked: ETA next couple of months. Many more announcements to follow.
- US Bank actively working on 2 separate use-cases together with Quant. Follow-ups this month.
- Quant has involvement with PayUK. Updates to be expected.
- Quant Network launching a new division called Quant Cyber – using Blockchain technology to protect against cybersecurity threats. GoVerify to be the first technology in this space.
- Quant achieves huge breakthrough with Treaty contracts to bring smart contract capabilities to blockchains that don’t support smart contracts.
- QNT Token to be listed on first top 10 exchange IDAX by end of month. More top 10 exchanges to follow: one in January, plus potentially another in Q1. More exchanges in a sequence as part of Quant’s strategy moving forward.
- Quant to release Treasury function in 1st half of 2019, and Network Gateways in 2nd half of 2019. Network Gateways part of approach to decentralise Overledger platform, while simultaneously incorporating Dual Token Ecosystem. (Also see last AMA). More information to follow.
- Sky News segment with Quant Network ready to air.
- Hackathon being prepared for Adelaide, Australia in March at the Global Blockchain Summit.
- Quant operating in the growing STO (Security Token Offering) space together with partner AllianceBlock.
- Quant to open up ability for the public to create their own Overledger Blockchain connectors within next 3 months.
- Overledger.com confirmed for Q1 2019, featuring lots of documentation, guides, getting started videos, and more.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
12‑DEC‑2018
TELEGRAM ‑ 4 MIN READ
HIGHLIGHTS SUMMARY
- Token Usage update: see below and in the underlying messages. Details to be published by end of Jan 2019.
- Dual token usage model approach being worked out for Overledger gateways. Gateways to be rewarded for the volume that goes through them.
- Overledger able to digitise any assets, such as stocks, gold, etc. with Overledger’s TrustTag technology.
- More partnership announcements by end of year and quite a few client announcements in the new year.
- Quant confirming meeting with Data61 (digital innovation arm of Australia’s national science agency) and announcing meeting with 11:FS (next-gen financial services & digital banking).
- More exchange listings to be announced in January.
- Token Usage update (summary): QNT Tokens need to be held to develop and to publish mApps, and to access the Overledger ecosystem to use mApps. Users can be charged for using mApps in Fiat or QNT. It will be cheaper in QNT. Payment options include: one-off, recurring subscription, and in-app. QNT is also paid based on the volume transacted through Overledger (read and write transactions). Gas fees for permissionless blockchains are paid by developers or can be managed for developers by Quant Network. Fiat payments made by enterprises will be seamlessly converted to QNT based on market prices.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
10‑DEC‑2018
TELEGRAM ‑ 5 MIN READ
HIGHLIGHTS SUMMARY
- Quant talking with the NHS (UK National Health Service) about Overledger for increasing efficency and more.
- Quant collaborating with major traditional exchanges.
- Lots of existing dApp developers could make use of Overledger, for example the “Qoogle” mApp could be used by a dApp developer such as Etherscan to be able to scan any Blockchain, a dApp developer such as Metamask could develop multi-chain signing app with Overledger.
- Quant in talks with Huobi for listing QNT tokens.
- Potential Partnership between Samsung and Quant in the making.
- Overledger to feature smart contract functionality across all connected blockchains, including ones that don’t support smart contracts, such as Bitcoin, without a fork.
- Quant Network meeting with Data 61 (the digital innovation arm of Australia’s national science agency) and hinting at possible announcements.
- Quant Network: “A LOT of very high-profile partnerships in flight”.
- Quant Network engaged with a government project in China, and currently roadmApping the China-focussed DLTs.
- Quant Network looking at potential US partners to meet client demand.
- Quant’s patents (on TrustTag and the verification block) cover mechanisms that are believed to be the only way to carry out effective cross-chain transactions. The verification block solves the issue that a transaction set may fork, which is the only way to solve this issue beyond time-locking.
- Quant sees increased demand for their in-house developed chain, which offers more space for data storage. (The in-house chain will be connected to Overledger, just like any other chain).
- Overledger eliminates possible Single Point Of Failures (SPoF). The ability to eliminate SPoF is essential for enterprise adoption. Enterprises simply reject solutions with SPoF.
- Overledger connector pattern for community developers to be released very soon.
- Quant Network offering multiple Hackathons in 2019. Quant Certifications to be available.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
03‑DEC‑2018
TELEGRAM ‑ 5 MIN READ
HIGHLIGHTS SUMMARY
- Partnership announced with AUCloud, a sister company to UKCloud, to launch Overledger-as-a-Service.
- Quant hinting at a possible future partnership with Amazon Web Services (AWS).
- Already 67 organisations registered for using Overledger.
- Quant starting collaboration with Homeland Security (U.S. gov. dept. comparable to the interior or home ministries of other countries) and DARPA (U.S. gov. agency responsible for development of military technology).
- Overledger Health, a specific version of Overledger, to solve challenges in the Healthcare sector, to be announced in 2019.
- Quant Network has spoken with Dovetail Lab. Overledger complements what Dovetail Lab is doing. Dovetail Lab provides blockchain solutions to the NHS (National Health Service in the UK), and is disrupting the healthcare tech industry. It was recently acquired by EMIS, which received approval to move 40m patient records to AWS.
- Quant building a RegTech product built on top of Overledger, specifically on top of “Qoogle”, with advanced wallet and transaction visibility.
- Quant to increase decentralisation by going across multiple distributed blockchains. Overledger technology is agnostic, and can be used by any cloud provider and back-end.
- Quant to offer Zero Knowledge Proof through TrustTag, which they invented and patented in 2012, and which is built into Overledger, and also used by GoVerify.
- Overledger pricing model is based on usage and volume that is pushed through the Overledger platform.
- Quant to be able to deliver Multi-Chain Smart Contracts (Treaty Contracts) earlier than expected.
- Videos and webinars to show how to create mApps available soon. Overledger.com to feature technical documentation, FAQs, API documentation, Presentations, and more.
- Quant announcing significant ramp-up of their marketing activities, including on social-media.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
26‑NOV‑2018
TELEGRAM ‑ 6 MIN READ
HIGHLIGHTS SUMMARY
- Breaking: Quant Network releases “Qoogle”, showcasing a multi-blockchain search engine for data and transactions across all supported chains, across the Internet of Trust – delivering the Web across blockchains.
- Quant Network forming client relationship with one of the biggest pharmaceutical companies in the world.
- Quant Network already has a list of 50 clients, all with different progress- and project lifecycles.
- Quant partners with Cloud provider taking Overledger-as-a-Service to market for Government and Military.
- Quant met with a Government entity to discuss using Overledger as a solution for the Irish border.
- Atlantic Power Exchange has started to build a power exchange on Overledger, which is looking to be on track for 1st half of 2019.
- Startup Companies to benefit from Overledger. Announcements to follow shortly.
- Overledger able to interconnect existing Health systems, plus add a layer of extra security and tokenisation, so no data is transmitted in clear text.
- Quant planning on releasing HL7 connectivity (standard for transfer of clinical and administrative data used by healthcare providers) to interoperate Health systems.
- Quant Network exploring 3 new opportunities with clients in the Healthcare sector.
- Quant looking to be involved in both International Association for Trusted Blockchain Applications (IATBA) set up by the European Commission of which BBVA and four other banks are members, and the European Blockchain Partnership (EBP), with 27 member countries to support the delivery of cross-border digital public services.
- Quant Network and IBM Hyperledger and Quilt teams close on an individual level.
- Quant Network in a good position and growing, not impacted by the market downturn.
- Quant Network’s goals include making blockchain easy to use to provide mass-adoption, removing the barriers that existed so far. Overledger solves a majority of these barriers (for a full list of traditional barriers, see the underlying message).
- Overledger solves interoperability in a unique way, by abstracting the complexity of infrastructure and DLT networks. Other approaches are not as simple to adopt and implement.
- Overledger allows companies to get started in 8 minutes with 3 lines of code.
- Overledger.com to be released in early 2019, which will have a mApp Marketplace and all the technical information to get started with Overledger.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
12‑NOV‑2018
TELEGRAM ‑ 3 MIN READ
HIGHLIGHTS SUMMARY
- Quant hinting at the possibility of solving Brexit-related Irish border issues, as well as confirming meeting with HMRC (Her Majesty’s Revenue and Customs).
- Quant to begin introducing additional ways of communication with stakeholders, and to start targeting the wider developer-, enterprise-, and crypto community to bring further awareness and attract more developers.
- Retrospective roadmap with past achievements and summary of major milestones for 2019 being prepared.
- Quant to publish more information about Overledger for the developers, such as tutorials, as well as less technical information for non-developers to compliment the technically demanding whitepaper.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
05‑NOV‑2018
TELEGRAM ‑ 5 MIN READ
HIGHLIGHTS SUMMARY
- Quant aiming for Overledger to become a standard part of producing a DLT once connectors are open-sourced.
- Quant’s plans include all educational institutions using Overledger as part of their teaching tools going forward.
- Quant collaborating with a partner in the AI sector. MoU is currently being worked on.
- Possiblity that Quant will have IP to DLT routing (Internet <-> Blockchain connectivity) in place by end of 2019.
- Zapier integration confirmed, working dates for readiness to be confirmed.
- Quant Network developing new domain Overledger.com, which among other things will show what connectors are available incl. specs, what’s in the pipeline, and an option for requesting additional connectors.
- Trust Tag foreseen to become a game changer in supply chain with a little further development.
- The license checking mechanism tool, which was developed as part of Overledger, opens up interesting opportunities for large tech companies looking to move away from old licensing models.
- QNT Tokens will always be required to access Overledger, even if the platform will be used under license by other companies.
- Locked token release will be approached strategically and treated carefully.
- Clients to be able to buy Quant Tokens from OTC exchange in time for operations to begin.
- Quant looking into submitting application for listing QNT Token on Bittrex and Bitfinex.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
29‑OCT‑2018
TELEGRAM ‑ 5 MIN READ
HIGHLIGHTS SUMMARY
- Quant in talks with Samsung and NTT Data to bring Quant’s technology to all their customers.
- Gartner, Forrester, IDC and ABI to publish analysis and reports on Quant.
- Upcoming client announcement with large US bank confirmed.
- Quant forming client relationship with Global Japanese Bank.
- CEO chairs Interoperability workstream (SG7) of Blockchain ISO Standard with collaboration of 51 countries.
- Zapier integration progresses to bring blockchain to the masses.
- Java SDK release on track for release by end of November.
- Quant to provide cross-chain atomic swaps as a service and/or build a true decentralised exchange.
- Overledger comparing favourably with single gateway to access blockchains, thereby reducing large overhead.
- Blockchain firewall and IDS/IPS being developed for Overledger to provide enhanced security controls.
- QNT Token to be listed on 2-3 additional Exchanges.
- Developer hackathons, meet-ups, and webcasts to learn mApps following QuantX, Quant’s inaugural event.
- No fake “partnership” announcements to be expected from Quant. Only real clients and channel partners: system integrators, consultancies, and outsourcers.
- Weekly news updates to be expected from Quant Team.
- Ambitious 2019 roadmap, and a 2018 timeline with past achievements (for newcomers) being prepared.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
22‑OCT‑2018
TELEGRAM ‑ 3 MIN READ
HIGHLIGHTS SUMMARY
- Quant Network has built a proof of concept for trade between borders for the HMRC, the UK Tax Authority. They’re interested in using Overledger to allow any connectivity from any existing system or blockchain for their solution, and to give trade partners choice. Plus it provides them with better resilience.
- Quant bringing awareness and real-world usage of Overledger to the masses by focusing on Enterprises and Governments. This way the Overledger technology gets pushed to their customers, i.e. millions of users.
- One way of looking at Overledger is that it has solved the Trilemma described by Vitalik Buterin indicating that blockchain systems can only possess two of the three properties: decentralisation, scalability, and security.
- Any private/public blockchain can be connected to Overledger. Enterprises and Developers can enable Privacy flags on public blockchains to seamlessly tokenise and encrypt data.
- Quant plans to list on an Exchange with OTC trading to allow large companies to buy QNT Tokens.
- Quant looking towards the community / developers to start coming up with new ideas and start building with Overledger.
- Marketing soon to include infographic comparing Overledger with the competition.
- Blockchain Brad releases interview with Quant Network CEO Gilbert Verdian. Highly recommended resource.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
15‑OCT‑2018
TELEGRAM ‑ 3 MIN READ
HIGHLIGHTS SUMMARY
- Overledger allows for using any blockchain or existing technology. This is more beneficial to an organisation than other solutions, which force them to use a single vendor and technology.
- The way Quant Networks engages with clients – including FTSE100/Fortune 500 – is to explore their use-cases and work on solutions. There are a lot more clients than the ones that can be discussed and announced publicly, since many clients ask for confidentiality.
- Quant Network in discussions with HRMC, the UK’s Tax Authority, and other Government departments for exploring Overledger and GoVerify.
- Quant has plans to make b2c Internet apps in addition to b2b that are truly decentralised – they will be offered in the mApp Store for everyone to use.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
08‑OCT‑2018
TELEGRAM ‑ 7 MIN READ
HIGHLIGHTS SUMMARY
- Partnership between the Atlantic Power Exchange and Quant Network for building an Energy Trading Platform on Overledger for trading between closed- and open P2P networks.
- Quant to start looking into integrating Overledger with SAP and other ERP systems.
- Overledger showcasing its capabilities with a decentralised Amazon multi-chain application that operates across 3 blockchains. Live Demos to follow over next weeks and during QuantX inaugural event.
- Quant to announce integration Overledger with Zapier to bridge the thousands of internet applications to blockchain, and allowing Enterprises to connect the data from their Apps (Excel, CRMs, ERPs) into Overledger – as well as cross-connect blockchains.
- Groundbreaking: Quant to allow every single Internet application to integrate with Blockchain through Overledger.
- London Fraud Conference resulted in a Government lead, with a follow-up meeting this week.
- Quant’s Patent covers the ordering and filtering methods to protect the inner core of Overledger. Other projects cannot use their methods for interoperability.
- Quant developing Security infrastructure in the space of Identity, Firewall, DPI and IPS on top of Overledger, giving additional security controls to use blockchains, which don’t exist today.
- Quant to release Overledger Java SDK next.
- TrustTag, a Quant Network technology, allows developers to set privacy fields to tokenise data which they don’t want others to see.
- An inhouse-developed blockchain, which can be accessed by Overledger, can be used as a Test bed easily scratched and reset and/or a simple ledger for immutable storage – for e.g. when Zapier allows Excel data to flow. It’s an enterprise-geared blockchain that provides better-distributed storage for large amounts of data. This is a gap in the market, which the current-generation blockchains are not solving.
- mApps currently being developed for financial institutions include GoVerify, and a Cross-Trade Finance mApp to allow multiple supply chains using different systems and blockchains to talk to each other, and a cross-blockchain AML Compliance tool for Regulators and Financial Institutions. In addition, Quant Network is building mApps to utilise the QNT Token.
- QNT Token will have many purposes beyond the fee structure. This is the beauty of a utility token vs. a security token. More will be revealed when the tech is finalised.
- Token Usage is a priority now that the SDK is out. Quant has a team of internal and external technical, lawyers and economists on this. It’s a new model, which hasn’t been done before. It will have a flexible pricing approach for mApps for developers.
- Quant’s inaugural event QuantX will be held on 20 Nov, and will be primarily targeting developers, architects and CIOs, including existing clients. Quant will be providing live demos of the technology, showing what is possible, and answering questions.
- Quant Network’s Marketing is primarily focused on Enterprises. It covers all channels to get the best possible segment and reach. For the list of channels, please see the underlying message.
- Gilbert and Quant have been featured in the New York Times, New Scientist Magazine, Politico, USNews, and in an op ed published on Fox. Gilbert has been doing 1:1 briefings with the most senior staff members from the Washington Post, CNN, MSNBC, and Bloomberg. They all know Gilbert now, and if they want to write articles about blockchain and need quotes and background info, they will be able to approach him.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
01‑OCT‑2018
TELEGRAM ‑ 6 MIN READ
HIGHLIGHTS SUMMARY
- Quant Network already connected 1st Generation of Chains to Overledger. Therefore the rest should be fairly straight forward to connect, as they’re based on the 1st generation. E.g. Stellar should be quite similar to Ripple.
- Blockchain Live resulted in new leads with customers in banking and government, and follow-up meetings, as well as more awareness about their challenges with Interoperability, which Overledger elegantly solves. They just don’t know which blockchain to commit to, and they don’t want to be stuck with one.
- In relation to Abbot and Pfizer and the Health space in general, Quant is looking at Health Economic, Clinical Trial, and Analytics offerings. Covering public healthcare and pharmaceuticals.
- Strategic partnership Alchemmy with joint engagements: Currently a bid for a large Canadian Law firm and running a Blockchain factory, helping to identify clients’ problems, and using Quant’s tech to develop solutions.
- US Bank Announcement to be expected soon.
- Quant Team well connected to Data61 and the Commonwealth Scientific and Industrial Research Organisation (CSIRO). Just as Quant Labs, both are working with Red Belly, the fastest blockchain (600’000 tx/s) on the market.
- Quant applied for Token listing on Coinbase.
- Follow-up AMA with Blockchain Brad (highly respected and genuine Interviewer) announced.
- Marketing plans for 2019 to include Middle East and India.
- All users and devs need to hold QNT to run and develop mApps. Users pay for mApps in Fiat or Cryptocurrencies (ETH/BTC etc).
- Seamless user experience for buying and holding QNT to access the Overledger Platform.
- GoVerify (which will run on Overledger): Plan is to have an independent trusted 3rd party that people can trust, who will verify that the organisations contacting them are genuine.
- Connecting Overledger with Zapier, as a gateway to 1000s of developers, possible with Overledger’s BPI (Blockchain Programming Interface).
- Plans to attract developers and expand the developer ecosystem include meetings with developers (first one in November) as well as hackathons together with techstars.
- Quant largest advantage: Giving Enterprises and Developers choice to not rely on a single blockchain, allowing them to safely and easily have better resilience, more options and no lock-in to technology or vendors.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
24‑SEPT‑2018
TELEGRAM ‑ 9 MIN READ
HIGHLIGHTS SUMMARY
- New Overledger connector for IOTA in addition to Bitcoin, Ethereum, Ripple, and Hyperledger.
- Corda to be connected to Overledger next.
- Multiple potential clients interested in building a Distributed Exchange or Digital Bank on top of Overledger.
- Quant to partner with AI Nexus to create a true distributed AI on Overledger.
- MoU with GLBC (Global Legal Blockchain Consortium) signed. Announcement to follow shortly.
- Multiple clients in pipeline. Announcement to be made related to a bank’s technology, which Quant is going to be working with.
- Quant working on timings for the announcement of multiple fortune 500 clients.
- Quant Network in talks with consultancies and system integrators such as Cognizant, DXC, and Samsung to be able to bring Quant’s technology to partners’ customers, with a business model similar to Oracle. Quant to feature different channel-, reseller- and integrator partner levels.
- Ongoing partnership with JBI (Jiangsu Huaxin Blockchain Research Insitute) China.
- Quant developing thought leadership in the healthcare space for how clinical challenges can be solved with the use of Overledger, and starting engagements with Healthcare companies in late 2018.
- Use Cases for Overledger for banks include interconnecting multiple trade finance solutions on different platforms, cross trade-finance transactions using any blockchain/legacy solution, cross-blockchain compliance / AML with Quant Sentry, simplify DevOps and testing for all development in a safe and controlled way with the private blockchain DevNet, transfer identities across internal/external networks, share data and processes safely and securely. See the underlying message for all use-cases.
- Next large milestone is the mApp Store for the 1st half of 2019.
- Annual Quant conference, possibly named QuantX, to be held in September every year.
- Etherscan updated with a banner showing the token burn details and the actual supply. They can’t change the total supply, as this is immutable in the smart contract, reflecting the theoretical maximum that could have been minted during the Token Generation Event. Coinmarketcap will be updated shortly.
- Quant currently considering the following pricing structures for mApps: free, one-off payment, recurring payment, and pay per transaction/volume. More information to be released closer to the mApp store launch.
- Quant working on Interoperability at the international ISO level with 47 Countries in TC307.
- Quant Network approached by a fortune 100 company, however company is not interested in being acquired at the current stage. Quant wants to lay the foundations of the internet of trust and see that through.
- Quant expecting repeat business to be high. Overledger is an integration layer that gives enterprises and developers choice, so they’re not stuck and tied to any single blockchain technology.
- Quant to open-source all connectors and the standard for developers to create their own connectors.
- Community connectors will be checked and approved by the Quant Network prior to integration. Overledger will include security controls to prevent bad traffic and misuse.
- Cross-chain transaction will be live once Quant opens up the APIs, connectors, etc. after the SDK release.
- Quant to work with Techstars to hold joint hackathons in various cities around the world.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
17‑SEPT‑2018
TELEGRAM ‑ 6 MIN READ
HIGHLIGHTS SUMMARY
- Quant to connect a US Bank clients’ enterprise blockchain based on ethereum and to open-source connectors.
- Stellar on radar to be connected to Overledger.
- Blockchains to be connected to Overledger, selected based on client- and market demand.
- Most developed client relationships include two engagements in Healthcare and in Banking.
- Quant Tokens available for purchase on exchange.quant.network as an easy alternative to buying on exchanges.
- Quant in talks with a number of exchanges, incl. Huobi and LAToken. ETHfinex or Bitfinex exchange on Quant’s list as well. Feedback from the community will be taken into account. Exchanges need be regulated and reputable. Approach is taking into account both retail crypto users and Enterprises.
- Quant only announcing real clients and partnerships with actual value, and only when both parties are in acceptance.
- Granting of EU patent filing will be decided in Summer 2019. Patent also being filed in other jurisdictions.
- Overledger is the only solution based on a protocol with ANY:ANY interoperability and with true enterprise grade ability to use multiple blockchains simultaneously.
- Quant Network considers a two-tiered Token Usage scheme an interesting approach. Current work in progress takes into account economical and technical aspects, and current thinking evolves around users needing to hold $x amount of QNT Tokens for accessing Overledger and running mApps.
- QNT not a payment/currency, rather a utility to access Overledger and run mApps. Users pay for mApps in fiat and possibly other crypto (ETH/BTC). For writing to destination chains, the chains’ gas fees are needed as well, however the process will be streamlined and easy for developers.
- Quant is exploring building a mApp-based decentralised exchange (e.g. on top of existing exchanges) with the right regulatory licenses and approvals, and sufficient capital in the longer term. A Multi-Chain DEX would be a good use case of Quant’s technology.
- SDK (Software Development Kit) and Developer Hub to be released by end of September.
- Quant ramping up activities across fronts, including recruiting a Chief Marketing Officer, Digital Marketing Associate, and Communications Associate.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
10‑SEPT‑2018
TELEGRAM ‑ 7 MIN READ
HIGHLIGHTS SUMMARY
- India A.P. State government is part of Quant Networks Client Pipeline.
- Client Engagements developing in UK/EU/US and Australia.
- Alchemy already supporting Quant with client engagements. Quant also in talks with global system integrators like DXC, Cognizant, etc. to take Overledger to their customers.
- Quant hinting at bigger plans around identity as the basis for the internet of trust.
- Quant’s Treasury Function not only addresses individual developers needs, but also enterprise clients needs.
- QNT Token function and utility will be multi-purpose.
- Treasury function will be out closer to the mApp Store release date.
- QNT Tokens were issued as an ERC20 Token, as the ethereum blockchain has the most usage. Independent of that, Quant has built a blockchain to meet a gap that enterprises have. This blockchain focuses on the data space and gives people an option to Hyperledger. It is not production-ready yet. Aim is to release it 1st half of next year. There will not be any new Tokens. It will be connected to Overledger just like any other Blockchain, and Overledger will be the only way to connect to it.
- Quant Network strictly adheres to FINMA compliance and regulation without exceptions.
- By regulation, Quant Network is not able to refer to specific future events unless they are strictly utility-related. Exchange listings are not strictly utility related.
- Quant Network CEO is extremely well-connected, also through his previous engagements at Downing St, HM Treasury, Cabinet Office, and Ministry of Justice, and current engagements in Parliament’s DLT for Public Good Committee and as Chair of the DLT for Healthcare Committee.
- Quant Network CEO has a long history with Blockchain, already introducing Bitcoin to the UK Government to in 2009.
- Governments have started with Governance Blockchain Projects, either by implementing blockchain or making policy to adopt it.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
03‑SEPT‑2018
TELEGRAM ‑ 4 MIN READ
HIGHLIGHTS SUMMARY
- Quant over-delivers with 4 initial Overledger connectors: Ripple, Hyperledger, Ethereum and Bitcoin.
- Quant currently has 2 Proof of Concepts being lined up for Healthcare companies. Interoperability is a large need for them: from securing global supply chains, to managing clinical trials recruitments, pricing, global financing, and to helping hospital networks with data management.
- Quant Network to launch a Developer Hub with extensive resources.
- Quant cautious about specific delivery dates for open SDK, GoVerify, new Exchanges and Fortune 500 companies, but reassuring about their delivery.
- Quant Network reveals their long-term vision: From enabling interoperability to creating an ecosystem, connecting the internet to blockchain, establishing the Internet of Trust, and creating foundational internet applications on Overledger.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
28‑AUG‑2018
TELEGRAM ‑ 5 MIN READ
HIGHLIGHTS SUMMARY
- DHS (Department of Homeland Security) looking to connect US smart grids using Overledger.
- Relationship with Lloyds progresses.
- Quant accepted into the GLBC – Global Legal Blockchain Consortium’s technical committee.
- Overledger to be out with 4 connections to underlying blockchains by the end of September instead of the promised 2 connections.
- Token Burn confirmed for September.
- Low circulating supply of QNT Tokens not a risk, as divisible to 18 decimals.
- More details about Token Usage released: All Users and Developers required to hold QNT Tokens for access to platform. Developers have choice on how to charge for mApps. Client Fee structure / pricing flexible depending on clients needs. Token Usage approach to be finalised closer to mApp Store release.
- QNT Tokens held by all mApp users and developers incl. Enterprises act as license key. Licensing model similar to Apple (Apple ID) or Microsoft for Office 365, only Token-based.
- Gateway available for developers to charge fiat for apps like Apple does. Vouchers a possibility.
- Rebranding on track. New website with more content to be released.
- Quant already developing mApps for customers. Infrastructure and Middleware mApps to be released this year. New products to include multi-chain identity-as-a-service, firewall, private devnet, and GoVerify.
- Quant Labs created for research purposes as a safe place to run experiments, try new product ideas, including cybersecurity products, middleware, etc., and to run private Blockchains locally to test things at scale.
- Experiment conducted to connect Red Belly blockchain (still academic) with Overledger. Red Belly can do 600’000 transactions per second. Will probably be connected later this year / early next year, and the commercial implementation will most likely be in 1st half of next year. Quant could be the catalyst for Red Belly to become mainstream.
- Corda and IOTA may be next to be connected to Overledger.
- Anyone can build their own Overledger connectors to any blockchain that Quant hasn’t connected yet. All connectors built by Quant will be open source.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
20‑AUG‑2018
TELEGRAM ‑ 2 MIN READ
HIGHLIGHTS SUMMARY
- Quant focusing on delivering the tech first with real-world deployments before talking about it, setting Quant apart from other projects.
- Quant pioneering the interoperability space with unique technology. Plans to over-deliver on initial roadmap.
- QNT Token is – and will always be – an integral part of the Overledger architecture.
- Token Usage a priority. Details to be released at a later date.
- Plans to migrate the identity verification product GoVerify to a Multi-Chain Application (mApp).
- Quant to improve branding and website.
- Exchange listings and Fortune 500 clients part of Quant’s goals for 2018.
- QNT Token to have a wide variety of use cases.
- See the full AMA here…
QUANT NETWORK
TECHN. AMA
ASK ME ANYTHING
31‑MAY‑2018
REDDIT / TELEGRAM
4 MIN READ
HIGHLIGHTS SUMMARY
- Quant very likely to be integrating with SWIFT at some point. As with all integrations, it will be based on demand.
- Overledger facilitates atomic swaps across multiple blockchains as it uses two-phase commits for transactions.
- Use cases for Overledger include tracking goods across borders; tracking the supply chain of agricultural products from farm to table; travel across borders with advance passenger information and pre-departure / check-in.
- Any application that stands to benefit from avoiding single-ledger dependency is a potential use case for Quant. Single-ledger dependent DApps are exposed to risks such as volatility, clogged network speeds, and high switching costs. A large category of these exciting new use cases are Multi-Chain Applications, that enable interaction between private and public blockchains. For more examples, see the Q&A messages below.
- Overledger is unique and solves the interoperability problem in a different way than its closest competitors. Quant Brand is still relatively unknown. Initial Marketing opportunities will include a visit to Washington USA with a planned TV appearance and major announcements and partnerships as the project matures.
- Quant Network CEO has >20y IT experience with an emphasis on digital security. He has held top information security positions alongside notable employers such as Ernst & Young, the Bank of England, and the U.S. Federal Reserve System. His security expertise is a central motivator behind Quant’s strategy and focus on digital asset protection, as well as enterprise-level cooperation and adoption.
- Quant Network CEO is the lead of the ISO/TC 307 Blockchain and distributed ledger technologies. All the work in ISO is open and collaborative. Quant is creating a technology that is ISO compatible.
- Ethereum and Bitcoin will be first two blockchains connected to Overledger.
- Overledger can directly read messages embedded into Blockchains, and has no need to handle any kind of information routing like other interoperability solutions do.
- Overledger size is not affected by amount of transactional data, as Overledger is simply a model and a protocol for communicating across blockchains; information storage is largely delegated to the underlying blockchains.
- The idea behind Overledger vs. other Interoperability solutions is to simplify the process of developing Multi-chain applications. No new language required.
- Quant will publish SDKs in various languages. The community can create their own mApps on demand.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
27‑APR‑2018
TELEGRAM ‑ 4 MIN READ
HIGHLIGHTS SUMMARY
- Overledger reduces the typical complexity and overhead of other interoperability solutions by offering a protocol for interoperability instead of another blockchain on top of existing blockchains.
- Quant will connect to main 1st gen blockchains and then other blockchains based on demand. The tech is open-source and Quant will work with the community to connect other blockchains using open APIs and connectors.
- Quant Network in talks with Cisco to look at integrating blockchain routing in their Switches
- Enterprise customers are investing heavily in blockchain. Quant is giving them choice and options to have flexibility and resilience to use Overledger with any blockchain, so they’re not limited or tied to one. Enterprise customers will not necessarily have to rely on permissioned/private blockchains. A hybrid option with Overledger allows for interacting with any desired chain, as needed, which can be migrated at any time. Overledger allows for transforming Distributed Apps into Multi-Chain Apps for the ability to use multiple blockchains in order to get the best features of each one. And ultimately for bridging the internet as well.
- Overledger features true Internet <-> Blockchain Interoperability
- Quant is building a foundational technology that has the potential to make much more of an impact than traditional cryptocoins.
- Quant approaching interoperability, which is highly demanded by enterprises, in a unique and internet-scalable way. Quant’s core technology is patented.
- Unlike other interoperability blockchains like AION-1, Cosmos, Polkadot etc, which add another blockchain on top of another one, Quant is routing between blockchains without adding any overhead or consensus whilst respecting the speed and rules of the underlying blockchains.
- Overledger is simplifying the abstraction layer in the high-level languages, starting with main ones in Ruby, Java, Python, so developers don’t have to worry about the low-level C,C++ complex languages when building Multi Chain Applications (mApps).
- Overledger is not affected by the forks or updates of underlying blockchains because it’s abstracting the messaging layer from the transaction layer, sitting above it.
- Quant approached by 5 exchanges in the last 2 weeks. Exploring listings in line with their regulatory requirements.
- Quant tackles marketing in a professional, corporate manner with one of the best PR firms in Washington. Press coverage through papers, television, and online. Quant has been covered in the New Scientist, NY Times, and Nasdaq . More coverage by the NY Times and Politico are scheduled in a few weeks. TV interviews and coverage by other major news outlets will follow.
- Gilbert Verdian (CEO) is taking part in shaping the Blockchain ISO Standard to open up proprietary technologies and networks, and give Enterprises choice and flexibility. Overledger embodies best practices for blockchain features in compliance with the ISO standard.
- See the full AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
17‑APR‑2018
VIDEO 59:31
HIGHLIGHTS COVERED IN VIDEO
- Second AMA with Gilbert Verdian (CEO) and Co-Founder Paolo Tasca with introduction of Paolo Tasca, including his background.
- Evolution of the Internet towards the Internet of Trust.
- Differences between Overledger and other interoperability solutions.
- Benefits of going Multi-chain.
- Hyper-decentralisation of Overledger.
- Treaty Contracts (Multi-chain version of Smart Contracts).
- Government applications for Overledger.
- Quant Network’s business development and marketing approach.
- Quant Network’s involvement in creating Blockchain standards.
- Quant Networks long-term roadmap.
- QNT Tokens: Usability and exchange listings.
- See the full Video AMA here…
QUANT NETWORK
AMA
ASK ME ANYTHING
21‑FEB‑2018
VIDEO 1:01:34
HIGHLIGHTS COVERED IN VIDEO
- First AMA with Founders Gilbert Verdian (CEO) and Colin Paterson (CTO) with introduction of the founders, including their backgrounds.
- Open-source nature of Overledger and the Patent around its core.
- Roots, Vision and Roadmap of Overledger.
- Use-Cases in Financial Services, Healthcare, Supply Chain and Government.
- Overledger’s Unique Value Propositions: Interoperability, Integration (with legacy systems, Identity Management solutions and AI), Multi-Chain capability incl. “Treaty Contracts” (smart contracts across Blockchains), resilience and flexibility (ability to exchange underlying blockchains) therefore ability to manage underlying blockchain risks (technical, security-related, and cost-related), strong security from a team with security background, privacy, scalability and performance, as well as the ease of development with Overledger.
- On a technical level, how Overledger works and the parts it consists of.
- QNT Token, Token Generation Event, and Regulatory Compliance.
- See the full Video AMA here…
AMAs Disclaimer
These AMA were manually compiled, highlighted, and summarised for making the information easily available.
All highlight summary points are linked to the corresponding messages in the AMA compilation and all messages in the AMA compilation are linked back to their corresponding message in Telegram. To see all available information, you may want to visit Telegram directly. Keep in mind that any message on Telegram may have been edited or deleted over time, though it is probably rare. There’s a possibility that you may therefore not find its’ unedited version (although you would see if it has been edited or not) or you may not find a message at all
The authors have done their best to provide all relevant information as complete and accurate as possible, but like any manual task, human error can happen and how an AMA is compiled, highlighted, and summarised is open to the author’s interpretation. For example, If a specific question isn’t mentioned in an answer, the author may have assumed a question to be related, based on the context. QNTunofficial makes no claim that all information on this page is complete or correct.
In the AMA compilation you may sometimes find the message “No Question was found” in place of a question. This could mean one of two things: 1) the author did not know which question the answer was referring to or 2) the message was deleted on Telegram prior to compiling this AMA.
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