- Overledger developers may create decentralized multi-chain apps.
- Quant built its operating system, Overledger.
With the crypto market sliding each day, a few altcoins have gained considerably. One of such is Quant (QNT). Aiming to link blockchains and networks worldwide without sacrificing efficiency or interoperability, Quant was launched in June of this year. To tackle the interoperability issue, the first blockchain operating system, thus created.
The Overledger Network, which connects the multiple blockchain networks, is developed as an operating system for distributed ledger technology. The project claims to be the first operating system created specifically for blockchains.
Distributed Ledger Technology
Using Overledger, Quant aims to bridge the gap between the various blockchains. Quant claims constructed atop for the Overledger network to provide a foundation for a future digital economy ecosystem.
Overledger developers may create decentralized multi-chain apps (often referred to as MApps). To establish a Mapp on the network, Quant tokens, required for developers (QNT). Since its launch, almost every business has found a purpose for blockchain and distributed ledger technology. But there has been an issue of smooth connectivity across these programs.
To allow any blockchain-based project to connect to any other blockchain, Quant built its operating system, Overledger. Another use for this technology is the interoperability of apps inside a single blockchain ecosystem, such as Ethereum.
In addition to several blockchain connections, Quant offers multiple layers for applications to engage at different levels. In addition to transactional and messaging layers, Quant offers an application for sharing and referring messages connected to other apps and filtering and sorting applications.
According to CoinMarketCap, the Quant price today is $212.83 USD with a 24-hour trading volume of $189,081,685 USD. Quant is up 24.17% in the last 24 hours.