Japan has the 3rd largest economy in the world…
And they’re using the work from Project Rosalind as the foundation for the Digital Yen.
Rosalind, of course, is $QNT.
But look at the numbers here…
Up to 100,000 transactions/second.
Some quick math suggests we’re probably looking at 1B-5B transactions per day.
PER DAY.
Compare that to Ethereum, which does 1M per day.
I don’t think they’ll all use $QNT.
But you can see the scale we’re talking about here…
And the BoJ is just a single bank, a single cog in the network of networks.
Quant is playing a different game right now.
Big thanks to @NZT_1A for the insights on @NeuroWebAI advances! There's a lineup of groundbreaking updates for NeuroWeb on @Polkadot - from staking & multisig functionality to paranets & #IPOs launch.
Dive into his thread to keep up with the most vibrant Polkadot parachain👇
"If you can have provenance of knowledge & data, you can have verifiability & go towards autonomy very fast with #dRAG. If we can't trust #AI to do what we want, we can't let it be autonomous." @BranaRakic
Hear his insights at @MarioNawfal's Roundtable👇
https://t.co/h2QXqqls3D
Following $NEURO listing on @MEXC_Official, we're extending the beta knowledge mining program until end of month!🎨Artists looking to safeguard their artwork on @origin_trail#DKG, now is the perfect time.
Knowledge is the new Asset class. Mine it with https://t.co/JAA7AcrYnw!
Running an Edge Node on Linux? The latest version 1.3.2 is now available! Update your node with this command:
docker pull thetalabsorg/edgelauncher_mainnet:latest
Changes w/ this version include: 1. improved node stats collection including realtime active node count and
If you are running the GUI Edge Node on Windows or macOS, EN v4.5.3 has now also been released. This includes fixes for some Lavita jobs and periodic polling for liveness stats. Your EN app should have auto-updated already!
The Digital Pound will be adopted globally and will be used worldwide 24/7 365
We’re talking Billions per day
All of this will be enabled seamlessly via OverLedger
If u don’t believe me ask the Digital Pound Foundation 👀 👀
$QNT
The other day I shared how Hitachi had referenced the $QNT patent.
But it seems I missed countless others.
A whole list of other F500s have ALL since referenced the DLT communications & ordering patent set by Quant.
All household names stepping into DLT.
Let's look further→
We already know about the adoptive state of Quant related standards in SATP & ISO TC 307.
Both these have been tested and adopted by governments, enterprises & central banks globally.
It seems their patent for a standardized block time for multi-chain use is following suite!
Makes sense given that SATP aims to bring mutli-chain use to mass adoption.
And to do that... you'd probably want coordinated block times across DLTs.
The names below vary from companies we knew were deeply involved with Quant, to some new faces.
As we can see IBM leads the way with 4 references of the patent below.
∙Auto generating analytics from blockchain data
∙Optimizing queries & retrieve ops on blockchain
∙Resisting replay attacks in private permission DLTs
∙Enterprise blockchains and transactional systems
Personally I find the last one quite interesting as its directly relating to enterprise DLT use and the exchange of value/data systems it'll rely upon.
Let's also not forget that IBM had been the US leader in patents filed for 30 years straight!
Now, we've also recently discussed how involved IBM really is with SATP & also how one of their previous patents had mentioned API gateways for cross DLT communication.
To get IBM's approval on not just your standards, but your patents holds quite some weight.
IBM & Quant SATP thread👇
https://t.co/DbDyv2G9lv
Overall, not too surprising to see IBM heavily referencing Quant given all their connections over the past years.
We also see Intel here which has also referenced the patent twice.
∙ Distributed blockchain oracle
∙ Decentralized data storage/processing for IoT
This hints towards the use of multi-chain apps for IoT.
Once again, Intel is also one of the key big tech firms that are not only backing but working to accelerate SATP.
Another familiar face here is Accenture, which we know Quant has worked with in a party environment through consortiums like the Digital Pound Foundation.
But then everybody else seems to be some new faces!
∙ Royal Bank of Canada- Top 5 Canadian bank
∙ CME Group- Global derivative marketplace
∙ SAP- Largest non American tech company
∙ McAfee- Company acquired by Intel in 2011
∙ General Electric- 1 of 12 original Dow Jones firms
Needless to say, the list of names that are backing Quant have just got even bigger.
Don't forget the other day we also uncovered that Hitachi and Hewlett Packard Enterprise (HP) have both also referenced the patent too!
As this patent is quite agnostic in terms of industry focus, since a standardized block time for multi-chain use is a relatively open idea.
We also see companies of various different industries taking part in this innovation.
-Finance
-Energy
-Tech
-Security
This is what establishing & standardizing infrastrutucre for the future looks like🌐
Sei are happy to announce that following last week's governance vote, gas on sei is now 5x cheaper.
80% off, for an unlimited time.
https://t.co/OFh4SATwG5
For the first time, money is ready for the digital age. For commercial banks and other institutions, there is a huge opportunity to apply this programmability to create new products that enable them to differentiate themselves from their competitors.
We encourage banks and financial institutions to read the Project Rosalind case study and start planning their smart money infrastructure strategy today.
#CBDC #APIs #blockchain #ProjectRosalind
https://t.co/fQ4jnnpZfx
Huge $QNT update🚨
Luke Riley, Head of Innovation at Quant has been invited to speak in UK Parliment next Tuesday👀
The topic:
🔸️Establishing a UK National Blockchain Services Infrastructure.
His belief:
🔸️That the UK could benefit from a stable, regulated infrastructure for the government and industry to build "public permissioned" blockchain projects on.
The plan:
🔸️This infrastructure setting de-facto interoperability standards to interact with public blockchain networks.
It sounds as if Luke is pitching Overledger to the UK government as its future blockchain infrastructure solution⛓️
Bullish is an understatement💭
On January 18th @gverdian is presenting to the members of an investment association that manages over £8.8T in funds💸
Discussion points: the future of digital money and fund tokenization.
$QNT is a future blue chip, whether you like it or not.
Holly crap! #Quant_Network is working with Swift, Visa, MasterCard, on top of the BIS, BoE, Pfizer, GSK, BP and a bunch of other mega enterprises! @MindCrypto_
You were right about Deloitte: https://t.co/8q0YWdYxsp
$Qnt
⭐Even if you take account all the wicks on monthly time frame, #Qnt is for sure out of its downtrend & its super confirmed now
IN SHA ALLAH
⭐Yes It will have minor pull backs on the way up but its gonna go crazy IN SHA ALLAH
⏳=🚀
$btc $eth $link $xrp $sol $neon #Crypto