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A to Z Full Forms and Acronyms

What is Quant ? | All about Quant in Short | Crypto Currency Quant

Aug 12, 2021 Quant, 2052 Views
What is Quant ? | All about Quant in Short | Crypto Currency Quant

What is Quant ? | All about Quant in Short | Crypto Currency Quant

What is Quant?

Quant’s operating system, Overledger, was designed to act as a gateway for any blockchain-based project to access all other blockchains. It also works in connecting an application to other applications in the same blockchain ecosystem, like Ethereum. More than multiple blockchain interactions, Quant creates different layers for apps to interact at different levels.

When was Quant invented?

Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.

Importance of Quant?

The main aim of Quant — using Overledger — is to bridge the gap that exists between different blockchains. The backbone of the project is the Overledger network, which Quant bills as the ecosystem on which the future digital economy ecosystem will be built. Overledger allows developers to build decentralized multi-chain applications (known as MApps) for their customers.

Future of Quant?

Cryptocurrency forecasters predict the QNT price will continue to rise over the next year. ... Gov Capital forecasts that the price will increase from $79.30 at the start of July to $90.23 by the end of 2021 and $142.23 by the end of 2022.

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A to Z Full Forms and Acronyms