Review on Quant by Ogulnar Annamuhammedova

Quant Network offers an app that builds a blockchain platform to interact with each other. While Overledger shares common technical aspects with some of the existing projects, it decouples business logic from core accounting technologies.

This means that general-purpose applications can exist simultaneously on different registers, with the ability to communicate with each other. In fact, the Quant Network offers "above layer" on top of existing blocks that applications can run on. In this way, applications can communicate, transfer and exchange information and values, regardless of the registration records on which they are used.

Overledger allows users to create decentralized multipurpose applications that are not tied to a single blockchain. Users can run apps, smart contracts, agreements, or move data across various blockchain technologies.

This unique approach should encourage the use of blockchain technologies in a variety of sectors and use cases. This should lead to large-scale adoption of the technology without being tied to a specific supplier or chain.

Overledger is the platform that multipurpose decentralized applications will run on. Quant Network will provide tools for developers to build applications for interoperability between blockchains using a software development kit (SDK).

Quant will completely change how people interact with blockchains. A good example would be the recognition of a person's personality by one subject. By integrating Overledger, an identifier created on a specific blockchain can be recognized on every other blockchain connected through Overledger. Consumers don't have to constantly create accounts and remember all those passwords.

In addition, the Quant Network will incentivize developers by launching its own App Store. By allowing Overledger to be widely used through open source, the Quant Network can reward developers by distributing tokens in their applications.

There are two approaches that developers can take when releasing an App Store similar to the Apple and Google Play stores:

Developers can release free apps. Here, the usage fee can be set to zero for the transaction. However, the precondition is that the client must have a minimum amount of QNT tokens to access the platform and use the solution.

For applications where developers intend to generate a stream of revenue, a third-party payment processor can be used to pay at a developer-specified level. The Quant App Store is slated to launch in Q1 2019. This will give developers the ability to create and publish MApps (Multi Chain Applications).

Finally, Quant Network plans to launch its own software as a service, enterprise and middleware application. Quant will create industry-specific technologies and solutions to help organizations and governments navigate the complexities of the new distributed hyperconnected economy. The team is focused on building client and industry blockchain solutions. In particular, the focus will be on:

Financial services. The focus is on exploring areas in capital markets, retail, stock exchanges, asset management and regulatory technology (RegTech) to simplify complex processes and realize benefits.

Healthcare - exploring opportunities for interactions in healthcare, clinical trials and counterfeit drugs.

Supply chain. Looking for interoperability between different suppliers across a complex supply chain, providence and traceability.

Government. Explore opportunities for governments to generate benefits, identify savings and efficiencies, reduce errors and ensure transparency.

The token is used to access the Overledger Quant Network and communicate with various blockchains. The token can also be used to access existing MApps and as an ERC20 token on the Ethereum blockchain.

The Quant Network business model is driving the growth of the platform that drives the demand and demand for QNT tokens. It is part of a product strategy aimed at developers and enterprises, and a consulting approach to help companies leverage the platform.

The more clients, MApps and users on the platform, the more demand for tokens. In accordance with Quant's roadmap for the creation of new technologies (for example, decentralized exchange), the expansion of the functions of QNT tokens could be studied.