QUANT NETWORK AMA: 26 NOV 2018

QUANT NETWORK

AMA

ASK ME ANYTHING

26‑NOV‑2018

TELEGRAM ‑ 6 MIN READ

HIGHLIGHTS SUMMARY

Q U E S T I O N (S)

A N S W E R (S)

Q U E S T I O N (S)  &  A N S W E R (S)

HIGHLIGHTS ARE MARKED WITH BLUE STRIPES

Question(s):

#ama What was the feedback from devs and ctos etc in the audience?

Answer(s):

founding node
#ama What was the feedback from devs and ctos etc in the audience?
We had quite a few discussions. One company has already started building mApps with our SDKs and want to partner with us which is exciting. Another company want to offer Overledger as-a-Service which we're meeting next week to discuss more

Question(s):

Morning @cryptosttwit - here are my AMAs: 0. What was the impact of QuantX last week? Any new leads, or any interesting conversations as a result? 1. What are the teams plans for November and December that are within their direct control e.g. any goals to release updated roadmap and tokenomics updates? 2. Is the team currently working with any other ‘project team’ (like OwnMarket) to explore mutually beneficial opportunities? 3. Does the team plan to create a “showcase area” on the website, to provide videos/demos of Overledger use cases - to help educate new visitors? I get asked for such links all the time I.e. show me how Overledger works. 4. Are there any new team members to announce - or positions you are looking to fill imminently? 5. Is the team impacted by the current market downturn? If this continues for some months are there any risks that you will need to mitigate? Eye - Feel free to edit/update in light of what others may have raised too. Cheers 👍

Answer(s):

The Eye of QNT -NEVER PM FOR FUNDS-
Morning @cryptosttwit - here are my AMAs: 0. What was the impact of QuantX last week? Any new leads, or any interesting conversations as a result? 1. What are the teams plans for November and December that are within their direct control e.g. any goals to release updated roadmap and tokenomics updates? 2. Is the team currently working with any other ‘project team’ (like OwnMarket) to explore mutually beneficial opportunities? 3. Does the team plan to create a “showcase area” on the website, to provide videos/demos of Overledger use cases - to help educate new visitors? I get asked for such links all the time I.e. show me how Overledger works. 4. Are there any new team members to announce - or positions you are looking to fill imminently? 5. Is the team impacted by the current market downturn? If this continues for some months are there any risks that you will need to mitigate? Eye - Feel free to edit/update in light of what others may have raised too. Cheers 👍
0. Good impact and lots of interest. We released some big game-changers. Get started in 8 minutes and 3 lines of code. "Qoogle" - searching data and transactions across the supported chains. Internet of Trust - delivering the Web across blockchains.

1. In November and December - we're mainly working on further Overledger enhancements plus client specific use cases. We're releasing HL7 connectivity to interoperate Health systems. Got a meeting with one of the biggest pharmaceutical companies in the world

2. We are. We're meeting a couple of Startups for them to benefit from Overledger. We'll be making announcements on these shortly. We also met with the team from Allianceblock.io to use our techn

3. Beginning of 2019 we're launching overledger.com which will have a mApp Marketplace and all the technical documentation and details of getting started with Overleger


5. No, not really. We're in a good place. The market is taking a down turn, we're in a good position and growing.

Question(s):

@gverdian, today the Food Standard Agency released their tender for a DLT pilot project. It is for supply chain tracking but quant may be able to provide overledger as part of the pilot project to mitigate risk. I sent the information to Loucineh this morning if you’re interested. Have a good day.

Answer(s):

Quamrade (Joleen)
@gverdian, today the Food Standard Agency released their tender for a DLT pilot project. It is for supply chain tracking but quant may be able to provide overledger as part of the pilot project to mitigate risk. I sent the information to Loucineh this morning if you’re interested. Have a good day.
Great thank you! - can you also forwrd to social@quant.network

Question(s):

@gverdian hello, what a fantastic thing it is you're doing with community involvement here, that is a really nice touch. I want to ask one question, as I've only just popped into this community like 2 hours ago lol.. Seeing a focus is health and government, without disclosing anything specific is there currently an entity that is onboard with their health system.

Answer(s):

A P
@gverdian hello, what a fantastic thing it is you're doing with community involvement here, that is a really nice touch. I want to ask one question, as I've only just popped into this community like 2 hours ago lol.. Seeing a focus is health and government, without disclosing anything specific is there currently an entity that is onboard with their health system.
Thanks for joining the community. Yes we have a whole vertical in Healthcare. We have 3 new Health opportunities we're exploring with clients.

Question(s):

Can Quant network connect different healthcare legacy systems together

Answer(s):

sean
Can Quant network connect health care legacy systems together
Yes. Big use case to interconnect existing Health systems plus add a layer of extra security and tokenisation so no data is transmitted in clear text

Gilbert Verdian
Yes. Big use case to interconnect existing Health systems plus add a layer of extra security and tokenisation so no data is transmitted in clear text
We've started with HL7 FIHR first

Question(s):

"Have you thought about how to prevent users sharing a private key / single wallet to circumvent license requirements to access Quant Network?"

Answer(s):

Luke
"Have you thought about how to prevent users sharing a private key / single wallet to circumvent license requirements to access Quant Network?"
Yes, you can only use your own wallet as mApp IDs are signed by your keys that you only hold.

Question(s):

Hmm, but what's stopping me sharing the license with a friend?

Answer(s):

sonic
Hmm, but what's stopping me sharing the license with a friend?
The way it's tied to you from a billing perspective will definitely stop you from sharing your wallets and passwords

Question(s):

6. How many tests (or proof of concepts) are Quant currently running for prospective clients or integrators right now? How many of these are nearing a decision point - in terms of go/no-go decision making? (Understand you cant release client names etc).

Answer(s):

The Eye of QNT -NEVER PM FOR FUNDS-
6. How many tests (or proof of concepts) are Quant currently running for prospective clients or integrators right now? How many of these are nearing a decision point - in terms of go/no-go decision making? (Understand you cant release client names etc).
We have a very long client list of about 50 clients we've been meeting and speaking to all with different progress and project lifecycles.

Question(s):

Will MApps performance improve in areas of scalability,and security by using multiple blockchains

Answer(s):

sean
Will MApps performance improve in areas of scalability,and security by using multiple blockchains
You will benefit from a scalabiltiy and resillience point of view by benefiting by going multi-chain

Question(s):

Hello and thank you very much fpr QNT and all related to it! aMA Q: when you say Iverledger is an OS is it like will have to be installed as windows or linux? I mean like a PC would run it like other OS or it will be installed into an OS?

Answer(s):

QNTED
Hello and thank you very much fpr QNT and all related to it! aMA Q: when you say Iverledger is an OS is it like will have to be installed as windows or linux? I mean like a PC would run it like other OS or it will be installed into an OS?
It's not a hardware operating system. It's an Internet Operating System

Question(s):

"Perhaps one for a longer blog post - but what features will Quant Network include that Hyperledger Quilt does not intend to offer? What sets the projects apart?"

Answer(s):

Luke
"Perhaps one for a longer blog post - but what features will Quant Network include that Hyperledger Quilt does not intend to offer? What sets the projects apart?"
We actually are quite close to the IBM, Hyperledger and Quilt teams on an individual level. We've solved interoperabiltiy in a unique way by abstracting the complexity of infrastructure and DLT networks. Our approach is unique and from our experience much more easy to work with. 3 lines of code and in 8 minutes. The other approaches are not as simple to adopt and implement

Question(s):

"Is Quant Network aware of the International Association for Trusted Blockchain Applications (IATBA)? It's a new blockchain association setup by the European Commission. BBVA and four other banks are members, it's rumoured Santandar is too. There's also the European Blockchain Partnership (EBP) along with 27 member countries to support the delivery of cross-border digital public services. Perhaps some oppurtunities here.."

Answer(s):

Luke
"Is Quant Network aware of the International Association for Trusted Blockchain Applications (IATBA)? It's a new blockchain association setup by the European Commission. BBVA and four other banks are members, it's rumoured Santandar is too. There's also the European Blockchain Partnership (EBP) along with 27 member countries to support the delivery of cross-border digital public services. Perhaps some oppurtunities here.."
Yes very much so. I was in Brussels 2 weeks ago with the European Commission discussin IATBA and EBP. We're looking to be involved in both.

Question(s):

Can Quant allow any crypto currency to operate on the connected blockchain i.e. A multi chain crypto

Answer(s):

sean
Can Quant allow any crypto currency to operate on the connected blockchain i.e. A multi chain crypto
Yes we would treat it just like any other blockchain

Question(s):

"Overledger makes it possible to connect to any blockchain. Chainlink (decentralized oracle) puts off-chain data to on-chain networks (currently running on ETH). Have you thought about docking Overleger do existing/upcoming Chainlinks in order to allow user of Overledger to fetch off-chain data from an secured source (decentralized oracle like Chainlink) to utilize this data in an mApp? This would be very interessting in combination with your upcoming multichain smart contracts (treaty contracts). For example triggering an execution of a smart contract on different DLTs if chainlink reports whatever off-chain information."

Answer(s):

Luke
"Overledger makes it possible to connect to any blockchain. Chainlink (decentralized oracle) puts off-chain data to on-chain networks (currently running on ETH). Have you thought about docking Overleger do existing/upcoming Chainlinks in order to allow user of Overledger to fetch off-chain data from an secured source (decentralized oracle like Chainlink) to utilize this data in an mApp? This would be very interessting in combination with your upcoming multichain smart contracts (treaty contracts). For example triggering an execution of a smart contract on different DLTs if chainlink reports whatever off-chain information."
We already connect off-chain to legacy systems and databases

Question(s):

"How does Overledger ensure that private keys aren't sniffed as mApps communicate with their target blockchains? (For those that don't know - 'sniffing' refers to conducting a man-in-the-middle attack to read internet packets as they travel between computers.)"

Answer(s):

Luke
"How does Overledger ensure that private keys aren't sniffed as mApps communicate with their target blockchains? (For those that don't know - 'sniffing' refers to conducting a man-in-the-middle attack to read internet packets as they travel between computers.)"
Yes everything is signed locally by the mApp - the signed message is sent. No keys are sent in the messages through Overledger

Question(s):

Hi, Gilbert two questions 1. Is Quant looking forward in the Cloud space, since Srisson Grigorian(? Sorry ) has plenty of experience with top notch companies such as Salesforce, Microsoft? 2. This one is Standards related: Could ISO TC307 tie into ISO 20022's risk mitigation strategies? Assuming the SG7 is up and running

Answer(s):

AJ
Hi, Gilbert two questions 1. Is Quant looking forward in the Cloud space, since Srisson Grigorian(? Sorry ) has plenty of experience with top notch companies such as Salesforce, Microsoft? 2. This one is Standards related: Could ISO TC307 tie into ISO 20022's risk mitigation strategies? Assuming the SG7 is up and running
We've had a lot of meetings with Cloud providers to partner with them.

Gilbert Verdian
We've had a lot of meetings with Cloud providers to partner with them.
In TC307 there is an existing liaison with SC27 which is responsible for ISO27000 series for Standards

Question(s):

Gilbert Verdian
We've had a lot of meetings with Cloud providers to partner with them.
Was this one where they were looking at using overledger as a service or someone else?

Answer(s):

Seq
Was this one where they were looking at using overledger as a service or someone else?
Look out for a partnership announcement next week with a Cloud provider that's taking Overledger-as-a-Service to market

We actually finalised the press release today and will release it. It's also very security focused aimed for Government and Military.

Question(s):

Gilbert Verdian
We actually finalised the press release today and will release it. It's also very security focused aimed for Government and Military.
Quant Salience incoming

Answer(s):

Ghost of St. Miklos
Quant Salience incoming
Not Salience as yet. That's our AI which is a longer term goal for us. AI is hard to do when it's autonomous and decision making

Question(s):

Did you manage to discuss with the government about using overledger as a solution for the irish border?

Answer(s):

Seq
Did you manage to discuss with the government about using overledger as a solution for the irish border?
Yes we've met with Future Borders team on this

Question(s):

Question from me - I think one of the most exciting ventures for me was the announcement of the partnership working with Alantic Power Exchange - being big fans of Power ledger (go Aussies!) and P2P energy trading etc. Any news regarding the details of Quant's involvement or potential upcoming milestones?

Answer(s):

Luke
Question from me - I think one of the most exciting ventures for me was the announcement of the partnership working with Alantic Power Exchange - being big fans of Power ledger (go Aussies!) and P2P energy trading etc. Any news regarding the details of Quant's involvement or potential upcoming milestones?
We're working closely. Knowing how big of an issue power is in Australia. They've already started building and look to be on track for 1st half of 2019.

Question(s):

Is it fair to say that overledger has solved all the limitations of the 3 pillars of blockchain i.e. Decentralization scalability and security

Answer(s):

sean
Is it fair to say that overledger has solved all the limitations of the 3 pillars of blockchain i.e. Decentralization scalability and security
Our goal is to make blockchain easy to use to provide mass-adoption. Removing the barriers that people have.

This is from deloitte. Barriers to entry for Enterprise.

Gilbert Verdian
Photo
This is from deloitte. Barriers to entry for Enterprise.
We solve a majority of these barriers with our technology and approach

Question(s):

@gverdian : As you said you were in talks with Andhra Pradesh government on a proposal for overledger for their existing applications. Just wanted to check which sector of state government these discussions are for ??

Answer(s):

Uday Reddy
@gverdian : As you said you were in talks with Andhra Pradesh government on a proposal for overledger for their existing applications. Just wanted to check which sector of state government these discussions are for ??
We're progressing this now that all our SDKs and BPI are out

Question(s):

Answer(s):

Ghost of St. Miklos
Is Overledger familiar with Eclipse attacks?
Yes, we're aware and in a way protect and shield customer that use Ethereum through Overledger from this attack.

Question(s):

One final ? Part of the filtering and ordering layer's power is to build posets of chains via ostensibly temporal sequence. Would it be possible to organize a chain not by time but instead by, say, types of hash function or architecture similarity?

Answer(s):

Ghost of St. Miklos
One final ? Part of the filtering and ordering layer's power is to build posets of chains via ostensibly temporal sequence. Would it be possible to organize a chain not by time but instead by, say, types of hash function or architecture similarity?
Wow nice question. We can can order by anything really. Currently it is by time in order to sequence the different blockchain blocks together. We can group and order them with other features. Haven't explored it but love to tackle it and see what's possible and the benefits

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