Quant Network and Blockchain Interoperability | Feat. Ethereum, Cosmos, Komodo, Ripple, Ren
366FIVE Key ingerdients for interoperability for enterprise.
1. We need integration with existing systems
2. We need to be able to initiate transactions on other networks and ‘rails’
3. We need to be able to transact interchain with solutions on other technologies
4. We need to be able to transact intrachain with solutions on different deployments of the same technology
5. And we need to reduce buyer’s remorse by making it easy to interchange one underlying platform for another.
For example:
Imagine you’re an aircraft manufacturing firm. You have thousands of suppliers, hundreds of banking partners and logistics providers in dozens of countries. You’re dependent on the timely delivery of millions of parts every year. At each step of the physical and financial supply chain there are blockchain applications that can deliver efficiency gains in paper processes in procurement and order management; working capital improvements, by speeding up payables and receivables processing; and risk reduction with track and trace capabilities in the logistics supply chain.
References:
How Blockchain interoperability could bring Bitcoin to DeFi | Cosmos Protocol $ATOM protocol; Komodo $KMD Ren $REN.
https://decrypt.co/24314/blockchain-interoperability-bitcoin-decentralized-finance
Quant Overview QNT also focuses on INTEROPERABILITY has a supply of 14M total and Overledger gateways (masternodes) will be getting implemented soon, is an existing project to look at.
https://www.altcoinbuzz.io/reviews/altcoin-projects/quant-overview-the-connectivity-backbone-for-blockchains
https://twitter.com/theeyeofqnt/status/1244591995479371777
https://twitter.com/cryptoseq/status/1244305317284007941
What is the advantage of Quant in comparison to Ripple's InterLedger-Protocol (ILP) and other interoperability projects?
https://www.reddit.com/r/QuantNetwork/comments/cb643r/what_is_the_advantage_of_quant_in_comparison_to/
Quant Network QNT Token Utility
https://medium.com/@CryptoSeq/quant-networks-overledger-part-seven-the-qnt-token-d6b945ea15f1
Interesting Quant and Overledger Partnerships
https://medium.com/@CryptoSeq/quant-networks-overledger-part-six-the-team-behind-overledger-and-partners-120d4bbb5d60
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