CryptoTriarii

[San ⭕ @SanNL11]

🚨BREAKING

Central Bank of Japan CBDC trials mention $QNT Overledgers ft BIS+Bank of England project Rosalind as an example.

Central Bank of Japan 🇯🇵 going in simalr route.

Bullish, every other day bullish for $QNT📰

#API

[Quant @quantnetwork]

We’re proud to announce that – together with @inside_r3 - we have been selected to produce the technology prototype for the experimentation phase of the UK’s #RegulatedLiabilityNetwork, led by @UKFtweets and supported by @EYnews.

#IFGS2024

https://t.co/yfGvaRPVkt

[Gilbert Verdian @gverdian]

Today, I am delighted to announce that @quantnetwork has been selected, alongside @inside_r3 as a technology provider for the UK’s Regulated Liability Network led by @UKFtweets and supported by @EYnews

The UK RLN is envisaged as a common ‘platform for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger for tokenised commercial bank deposits.

Working with commercial banks and payment networks, RLN will explore the interoperability of all forms of money, test new payment flows for users to make payments, and transact and settle liabilities in tokenised and non-tokenised commercial bank money fit for the increasingly digital marketplaces of the future.

Quant’s involvement is focused on enabling programmability and interoperability across different forms of money by delivering the orchestration and API layer to the project with its Overledger platform.

We look forward to seeing how this transformative initiative will help to progress the UK’s financial infrastructure.

Discover more about the UK RLN here:

https://t.co/OMEb6rdKwV

#RLN #Overledger

[CryptoTriarii @CryptoTriarii]

@Zetagammaphi @Quantfidential @DigiEuro When was this?

[Dr Martin Hiesboeck @MHiesboeck]

📕 @quantnetwork is a pioneering platform in #distributedledger technology, emphasizing #interoperability among various #blockchain networks. Its core technology, #Overledger, facilitates the connection between different blockchains and legacy data systems, enabling seamless communication and transaction across multiple technologies #DLT.

A significant update, Overledger 2.0.5, was recently released to bridge #stablecoins, #DeFi, #NFTs, and popular digital assets like ERC20 and ERC721 for clearing and #settlement. This update supports blockchain #payments, promoting a new era of interoperability, payments, and clearing and settlement use cases.

More https://t.co/Sa823WpVcM)

Quant Network has launched several integrations and partnerships to extend its interoperability and utility. Recent developments include the launch of @zapier integration, enabling the connection of internet #apps and off-chain data to blockchain seamlessly.

Quant has joined UK Finance Associations and launched a central bank-grade key management solution for blockchain transactions, indicating its commitment to #security and enterprise-grade blockchain solution.

The $QNT token of Quant Network has three main uses: as a currency for accessing network resources like #APIs and data, for gateway operators to pay yearly licensing fees for the Overledger Network, and as compensation from Quant's treasury to gateway operators who direct transactional traffic within the network. Its value is expected to increase as the technology becomes widely accepted although the future of interoperability is not clear in a nascent #multichain environment. The emergence of chain-agnostic tokens is currently an active pursuit in academic circles.

When comparing Quant Network to @Chainlink and @axelarnetwork , several distinctions emerge based on their focus areas and technological offerings:

Chainlink $LINK is renowned for its decentralized oracle network, providing reliable, tamper-proof data for complex smart contracts on any blockchain. Chainlink focuses on connecting #smartcontracts with real-world data, payment systems, and off-chain resources. The technology used is markedly different and difficult to compare.

Axelar $AXL offers cross-chain #communication, enabling #dApps to interact with any asset or data across blockchains. It's designed to provide a decentralized network that supports interoperability between various blockchains, making it easier for developers to build cross-chain applications.

Quant Network clearly differentiates itself by focusing on the interoperability of blockchains at a foundational level with Overledger, facilitating not just data or asset transfer but also complex multi-chain applications and interactions. Its approach is geared towards creating a more connected and accessible blockchain ecosystem for enterprises and financial institutions, promoting the development of multi-DLT applications (mDApps) and enhancing the blockchain economy's scalability and flexibility.

While $LINK is already big and somewhat expensive compared to its currently visible potential, $QNT is still very much in its infancy and largely ignored by the wider #crypto community, presumably, due to the complexities of its technology, which is hard to understand for laypersons, it’s professional business #marketing and the absence of mass appeal of a business solution. Expectations of a vibrant #QRC ecosystem not materialized except for @galileoprotocol $LEOX.

We think Quant technology holds big potential for the future. Its stylish logo is a reference to the concept of interoperability through a central agent, a concept not palatable to hardcore fans of #decentralization.

[CryptoTriarii @CryptoTriarii]

@LCX_Highborn @brian_armstrong Wouldn’t it make more sense for Coinbase to get licenses in the European markets? Because that’s exactly what they have been doing…

[CryptoTriarii @CryptoTriarii]

@LCX_Highborn @brian_armstrong None of this makes sense. Why would Brian Armstrong give advice to a competitor ?

[Quant @quantnetwork]

Watch our recent short film produced with @AllianceFintech, in which @gverdian and @techmjh share their thoughts on the future of money: #CBDCs and #ProgrammablePayments with #TokenisedDeposits.

https://t.co/vJ12RYzN3X

[Quant @quantnetwork]

We’re proud to announce that we have joined the UK’s preeminent financial services association and will be speaking at @UKFtweets’s flagship event later this month.

The #DigitalInnovationSummit is taking place on 31 October in London, it brings together speakers from business, academia, government and regulators to explore the emerging technologies that will transform finance.

Our Founder & CEO @gverdian will be speaking on a session about the #DigitalPound, moderated by Paul Horlock, Chief Payments Officer, @bancosantander. Gilbert will share our experience of working on #ProjectRosalind and outline his vision for the future. Joining Gilbert on stage will be Tony McLaughlin, Emerging Payments & Business Development, @Citi; Tom Mutton, CBDC Director, @BankofEngland; and Rod Garratt, Senior Adviser, @BIS_org.

Find out more and register for the summit: https://t.co/ZIAGV0oRIQ

[CryptoTriarii @CryptoTriarii]

@10_FORTYONE Everything you are worried about the government can already do… they can freeze your bank accounts, they can monitor and track your crypto transactions.

[CryptoTriarii @CryptoTriarii]

@Legitcryptonerd @quantnetwork @gverdian Why would Quant have staking for retail before it gets heavily adopted by enterprises and governments ?
Stay patient, launching staking now would be pointless.

[Quant @quantnetwork]

One of the benefits of distributed ledger technology is speed to market. In this clip, @GVerdian talks about a @StateStreet/@NorthernTrust/@Clearstream project mentioned at @Sibos delivered in months not years thanks to DLT.

Watch the full discussion: https://t.co/WbncB4iG53

[CryptoTriarii @CryptoTriarii]

@Vozziani @GregLunt27 I believe BNY Mellon is a shareholder of SWIFT. SWIFT ran the hackathon and could have shown bias in picking the winner

[CryptoTriarii @CryptoTriarii]

@GregLunt27 “BNY Mellon won it because they threw a lot of money into it”🤔