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Launched in 2018, Quant is building a blockchain-based platform. Its goal is to help companies and other organizations use crypto tools while avoiding steep entry barriers and easing the challenge of connecting older systems with newer technology. The project is often described as an interoperability approach due to its enterprise “plug-and-play” offering. 

The QNT token is the native cryptocurrency of the Quant ecosystem. It’s an ERC-20 token with a total supply of 14,612,493. QNT functions as a utility token, used to pay for the products and services provided by Quant.

What are Quant’s key features and how does it work?

A central component of the Quant network is Overledger. Overledger is intended for large-scale businesses and enterprise operations.

Through an API, Overledger can be integrated easily and provides seamless access to DLTs, enabling them to work together and be used at the same time by applications. For instance, DLTs involved in logistics, customs, payments, and other areas can interoperate. This setup allows for building more efficient applications that can leverage the combined functionality.

The Quant network is made up of the Overledger OS and the Overledger Network. The OS uses patented technology that lets users build multi-chain applications (MApps). Instead of smart contracts, MApps can be based on treaty contracts. Even though the MApps are created using the Overledger OS, the applications mirror the blockchain they are built on and can take advantage of characteristics from that particular network.

The Overledger Network brings together developers and businesses that use the Quant Network. Licensing fees are required to access and use the platform’s products and services. MApps can also be listed and sold through the Overledger Network Marketplace.

With this structure, some of Quant’s advantages for enterprises include:

Reducing interoperability challenges;Starting with minimal or no prior cryptography knowledge;Offering flexible options;Providing high security.

What is noteworthy about Quant?

Quant also supports multi-ledger tokens (MLTs). These are digital assets placed in escrow and backed by fiat funds. They can serve multiple purposes, including stablecoins, loyalty points, and vouchers, among other applications.

Where can you buy QNT?

QNT can be traded on the CEXs and DEXs listed here. The most widely used platforms with the highest liquidity are Binance, CoinBase Pro, Crypto.com and KuCoin. QNT’s price can differ based on the exchange you use and broader market conditions. For current and historical QNT market information, check the price charts on this page.