Quant (QNT), launched in June 2018, is an Ethereum-based project addressing blockchain interoperability through its Overledger operating system. Developed by Quant Network, Overledger enables seamless communication between blockchains and legacy systems, fostering multi-chain applications (MApps). The native token, QNT, facilitates access to Overledger and governance.

Key Features

  • Interoperability: Overledger connects blockchains (e.g., Ethereum, Bitcoin) and non-blockchain networks, enabling cross-chain data and asset transfers.
  • Multi-Chain Applications (MApps): Developers use QNT to build MApps, supporting use cases in finance, healthcare, and supply chains.
  • Enterprise Focus: Partners with institutions like Oracle and LACChain, targeting $20T financial markets.
  • Ecosystem: QNT trades on 135+ exchanges (e.g., Binance, Coinbase) and integrates with wallets like MetaMask.

QNT Token

  • Purpose: Used for licensing Overledger access, transaction fees, and governance voting.
  • Supply: ~12M QNT in circulation, with a maximum supply of 14.88M.
  • Contract Address: On Ethereum, QNT’s contract is 0x4a220e6096b25eadb88358cb44068a3248254675 (addable to MetaMask) CoinGecko CMC.

Who Are the Founders of QNT?

Quant was founded by Gilbert Verdian, who conceived Overledger while working in healthcare cybersecurity. Verdian, with 20+ years in security (e.g., Vocalink, NSW Ambulance), partnered with Colin Paterson (CTO) and others to launch Quant Network in London. The project raised $11M via a 2018 ICO, with no further funding rounds.

What Makes QNT Unique?

Quant stands out in Web3:

  • First Blockchain OS: Overledger acts as an agnostic gateway, connecting blockchains without requiring new protocols, unlike Polkadot or Chainlink.
  • Enterprise Adoption: Partnerships with SIA and Oracle position Quant for institutional use, with Overledger handling 10M+ transactions annually.
  • Patented Technology: Fully patented APIs ensure compliance with global standards bodies.
  • Layer-2.5 Potential: Recent updates like Overledger Fusion (June 2025) introduced hybrid interoperability for public and private chains.

QNT Network Upgrades (2025)

  • Overledger Fusion (Q2 2025): Launched “Layer-2.5” network, enhancing public blockchain access for institutions and DeFi.
  • Quant Money Flow (March 2025): Enabled tokenized payments for cross-chain financial settlements, processing $500M in testnet volume.
  • Wormhole Integration (June 2025): Added cross-chain token transfers via Wormhole, boosting interoperability.

How Is QNT Secured?

QNT and Quant are secured through:

  • Ethereum PoS: Leverages Ethereum’s Proof-of-Stake for token security.
  • Smart Contract Audits: Regular audits by firms like Trail of Bits ensure Overledger’s integrity.
  • Enterprise-Grade Security: APIs comply with ISO 27001 and GDPR standards, critical for institutional partners.
  • Staking Requirements: Developers stake QNT for MApp access, aligning incentives with network reliability.

Conclusion

Quant (QNT) pioneers blockchain interoperability with Overledger, connecting diverse networks for finance, healthcare, and beyond. With a 12M circulating supply, and 135+ exchange listings, Quant drives enterprise-grade Web3 solutions. Its patented technology, recent upgrades like Overledger Fusion, and institutional partnerships make it a unique force in blockchain innovation.