This project has great potential to change the way governments, corporations, and institutions work.

Distributed Ledger Technology (DLT) has great potential to change the way governments, corporations and institutions work. DLT can assist governments with a variety of tasks, including tax collecting, passport issuances, property registry recording, social security benefits, and more. Did you ever consider how we can link numerous DLTs and which crypto project is leading the charge in connecting all of the world’s distributed ledgers for quicker and more efficient growth if we have these DLT?

Note: Keep in mind the current crypto market is bearish mode so, buy in part Dollar Cost Average (DCA) by the end of December 2021.

Project Name: Quant QNT

Current Price: $187

Exchange Availability: Coinbase, Binance, Bittrex, Crypto.Com

What is Quant QNT?

QNT is an Ethereum Blockchain-based ERC20 coin. It is the Quant network’s native token (QNT). QNT is a utility token that enables digital access to an app or service, and it is regulated by the Swiss Financial Market Supervisory Authority. Quant is a next level protocol that enables the widespread use of distributed ledger technology (DLT). The Quant network connects many types of DLTs to development tools for enterprise-grade applications, allowing for interoperability.

It is non inflationary, which means that the number of tokens in circulation will never rise; it will have a maximum supply of just 14.6 million tokens. Because of the lockups, which are causing deflationary pressures, its circulation supply will decline.

In June 2020, Overledger Network have become operational. Currently, Overledger Network helps more than one distributed ledger networks. These consist of Ethereum, Bitcoin, Hyperledger Fabric, Corda, Quorum, and XRP Ledger. By the cease of 2021, Overledger Network is predicted to be included into National and Regional Distributed Ledger Networks. This will permit Overledger to offer get right of entry to to DLT infrastructures throughout the world.

Who Founded Quant Network?

It was founded by three great minds in 2015. Gilbert Verdian, a technologist with an academic heritage in e-commercial enterprise and strategic management, Paolo Tasca, keeping a PhD in Business, and Colin Paterson (Energy Science). The company’s ICO become carried out in May 2018

The Quant Treasury

A key a part of the atmosphere is the Quant Treasury. The Treasury will permit firms to pay in fiat for licenses with a purpose to be used to buy QNT tokens at once from public exchanges. The QNT offered will continue to be locked within the treasury at some stage in the license. If renewed, it’ll be relocked. These tokenomics assist to restrict the deliver and set off purchase strain as the Quant ecosystem grows.

mDapps

Decentralized applications are built on DLT with no centralized authority. They can communicate with one another without the use of an intermediary. These dApps are operating across a distributed network of nodes with transactions and data stored on a single blockchain.

When we talk about multil-DLT (mDapps), they do not use single blockchain technology, instead they use DLT. In order to be connected on multiple blockchains, QNT comes into play.

Final Thoughts.

I strongly believe in this solid project and QNT network looks to be well-positioned in the crypto markets. More and more enterprises are joining QNT at an exponential rate, my price target for QNT starting months of 2022 is $600 and i am very bullish on it. However, blockchain technologies are continuously evolving, you need to keep an eye on the market and see how QNT transforms into the future with new partnerships.

Disclaimer

This content contains an opinion and is solely for informational reasons. It is not intended to be financial or investment advice. Seek investment/financial guidance from a properly licensed specialist. I have no affiliation with any of the companies whose coins are referenced in this article. Please always conduct thorough research prior to investing, as you are solely responsible for any capital-related decisions you make and the outcomes.