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QNT’s Surge: How Quant Is Shaping the Future of Finance

QNT’s Surge: How Quant Is Shaping the Future of Finance

Table of Content

  • Overview of the Current Crypto Market
  • Introduction to Quant Token
  • Future of Finance with Quant
  • Gilbert Verdian’s Vision and Experience
  • Features and Applications
  • Market Capitalization and Supply

The crypto market continues its bullish momentum after Donald Trump’s presidential election victory. Many crypto were gaining more than 100% during this bull run. Many altcoins and Meme coins also give a tremendous amount of returns to investors.

BTC hits a new all-time high of $103,971, apparently now trading below the $100,000 mark. ETH also trading near its all-time highs. Currently trading at $4000 levels. During these sessions, some of our favourite altcoins also broke out at all-time highs.

Today we looking for one altcoin Quant (QNT). Currently trading at the $155 level, within the last three weeks it has given 120% of returns to its investors. Precisely, QNT has a high potential to move further up. So, let see what is Quant (QNT), and how we can take advantage during the QNT bull run.

What is QUANT (QNT)?

The Quant token (QNT) is an Ethereum-based cryptocurrency that powers the Quant Network’s Overledge. 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.

Why Quant (QNT) Is Poised to Redefine Financial Connectivity?

QUANT believes that the future of finance will be built on an interconnected network with value- in the form of smart money, tokenised assets, and information- flowing freely between them. Interbank payments, utility payments, direct debits, personal remittances, cross-border payments and instant payments could all become smarter with the right technology.

QUANT Blockchain and payments solutions are here to bring the next generation of payments to reality.

The financial services industry is unlike any other. Highly regulated, fast-moving, and with the ability to affect the entire world’s economies, finance presents the most demanding use cases for blockchain. It’s also where the technology’s benefits hold the greatest potential.

Who are the Founders of QUANT?

Gilbert Verdian, one of the founders of the Quant network, had the idea for the blockchain project while he was working in the healthcare sector. Verdian identified the importance of interoperability in ensuring that patients registered on different platforms are covered.

Verdian has over 20 years of industry experience in upgrading the security, technology and business strategies of businesses around the globe in order to achieve tangible results.

What Makes Quant Unique?

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. Quant has different layers for transactions, messaging, filtering and ordering, and an application for sharing and referencing identical messages related to other applications.

QUANT Project

During 2022 and 2023, QUANT (QNT) had the privilege of helping the Bank for International Settlements and the Bank of England to conduct practical explorations on how application programming interfaces can deliver new benefits in terms of payments and functionality to banks and customers in the event of a retail central bank digital currency. Known as Project Rosalind, it had four main objectives:

  • Functionality

Investigate how application programming interfaces can enable a central bank ledger to interact with private sector service providers for safe and secure retail CBDC (digital form of a country’s fiat currency) transactions.

  • Interoperability

Discover methods to achieve interoperability among various systems and applications. Analyse design options, risks, opportunities, and trade-offs involved in delivering interoperability.

  • Adoption

Explore the API functionalities required to enable the development of a diverse and innovative set of CBDC use cases.

  • Ecosystem

Gain insight into how public and private sector participants can collaborate to innovate, support digital inclusion, provide diverse payment options, and deliver good consumer outcomes.

QUANT (QNT) contributed our expertise in ledger and infrastructure to Project Rosalind. QNT aimed to develop a core set of API functionalities that could support a retail CBDC platform, using two different blockchain technologies for comparison.

To achieve this, QUANT set up a dedicated Overledger instance that connected to private Ethereum Besu and Hyperledger Fabric blockchain networks, simulating an in-house central bank ledger. In addition, QNT deployed a beta version of our blockchain key management and transaction signing solution, Overledger Authorise, to facilitate the creation of CBDC accounts and the signing of blockchain transactions.

What is Overledger?

Overledger is the world’s first blockchain-agnostic API gateway that interconnects not only blockchains but also legacy networks to DLT and facilitates the creation of internet-scale multi-chain applications. Overledger is also offered bespoke or as a platform, providing enterprise-grade security and an easy-to-use interface that enables users to issue, connect and monitor assets and develop applications on any blockchain without blockchain expertise.

Project Outcomes

Our team provided the underlying infrastructure and blockchain platform, secure smart contracts, and interoperability of central bank ledgers that form the base of Project Rosalind.

Quant has a Market Cap of 1.86 Billion. The total QUANT supply is $14.88M and the current circulation is $12.07M QNT.

Quant tokens can be purchased, sold, and traded on several exchanges, including Bilaxy, Bittrex, Bithumb Global, 1inch Exchange, Uniswap(V2) and Hotbit.

Quant (QNT) Price Action Analysis: Key Levels and Future Projections

Currently, QNT is trading above the $155 level, according to the chart QUANT has given a trendline breakout in the weekly chart. High chance for a retest to QNT all-time highs at the level of $280 level.

However, the weekly chart has a high chance of a retest to the trend line.

After that, we can see an uptrend towards its all-time highs.

Conclusion

Crypto is a highly volatile asset, before investing you do your own research. According to that you pour your money into a proper risk reward.