QUANT NETWORK AMA: 24 SEPT 2018
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.
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