QUANT Overledger
Quant (QNT) is a cryptocurrency token that operates on the Overledger blockchain operating system. Overledger is a technology developed by Quant Network, a blockchain interoperability company. The main goal of Quant and Overledger is to facilitate seamless communication and interaction between different blockchains and networks.
Quant aims to solve the issue of blockchain interoperability, which refers to the ability of different blockchain platforms to communicate and share data with each other. The Overledger platform provides a bridge between different blockchains, allowing them to interoperate and exchange information securely and efficiently.
By enabling interoperability, Quant aims to unlock new possibilities for decentralized applications (dApps) and enterprises by providing access to multiple blockchains, networks, and data sources. It allows developers to create applications that can leverage the capabilities of multiple blockchains, expanding their reach and functionality.
Quant (QNT) serves as the native utility token of the Quant network. It has several use cases within the ecosystem, such as paying for transaction fees, accessing services and data on the Overledger platform, and participating in network governance and consensus mechanisms.
Overall, Quant and its token, QNT, play a vital role in facilitating blockchain interoperability and enabling the seamless transfer and utilization of data and assets across different blockchains and networks.