Today digital forms of money have turned into a worldwide wonder known to a great number of people. While still by one means or another quirky and not comprehended by the vast majority, banks, governments and numerous organizations know about its significance. A digital money like Bitcoin comprises of a system of peers. Each associate has a record of the total history, everything being equal and subsequently of the adjust of each record.
However, In 2016, you'll experience serious difficulties finding a noteworthy bank, a major bookkeeping firm, an unmistakable programming organization or a legislature that did not examine cryptographic forms of money, distribute a paper about it or begin an alleged blockchain-venture.
The current blockchain ecosystem has a lot of limitations, One of the major confinement of current blockchain is the powerlessness of blockchains to communicate with each other. It is on this precise the Quant overledger network is initiated. Overledger presents the accompanying solutions to unwind these issues.

WHAT IS OVERLEDGER?

Overledger is the first blockchain working system that means to take care of the issue facing the current blockchain technology. On the off chance that you take away all the clamour around cryptographic forms of money and decrease it to a straightforward definition, you observe it to be simply restricted passages in a database nobody can change without satisfying particular conditions. This appear to be uncommon, be that as it may, trust it or not: this is precisely how you can characterize a good blockchain technology. Overledger is a generally helpful and universally useful innovation, additionally it enables the business rationale to decouple from the hidden record. It builds the coherence among chains with the security limitations associated with the current blockchain operating system.

CURRENT CHALLENGES

• INTEROPERABILITY
  
  We live in an inexorably computerized period where anchoring the gigantic measure of touchy information that is created is happening to principal concern, especially in the internet business space. blockchain are designed to be independent of the underlying operating system and programming language, present blockchain technology does not provide capacity for blockchains to trade data amongst them and with other off-chain systems. Introduction of Overledger will provide lasting solutions to interoperability issues in the current blockchain technology by encouraging the improvement of decentralization and enable trade of value between blockchains.

• DEPENDENCY
  
  Blockchain has turned out to be inescapable in all segments and its effect is being felt over the world in modern technology. The current blockchain has not yet accomplished its vision of an open, trusted and secure network. To keep up with the pace in development of blockchain and its adoption, it is therefore fundamental for the industry all in all to address the flaws more comprehensively and work towards the development of advanced technologies. Quant overledger network plans to tackle the issue of singleledger reliance by enabling seamless communication and recognition of transactions across multi blockchains.

ADVANTAGES OF OVERLEDGER

The rise in public interest of blockchain technology spells massive opportunity. Rapid growth of blockchain ecosystem has also played its role, up to certain extent in the society, Quant network

• Technology is always changing and evolving, but most businesses can’t afford to keep pace with the latest trends. Quant system will enable organisations and business enterprise to design their blockchain technique and have unlimited access to data.

• Internet becomes the elementary need for everyone concerning this fast moving world. Every office, schools, institutions, organizations and even homes need internet access for various purposes. Quant network aims to enhance connections between government, business and citizens blockchain ecosystem

• The internet is the greatest repository of knowledge humanity has ever seen, Overledger will provide people with a level of access and control of their own data and ensure smooth and safe transactions between users.

Basically, Quant overledger developers intend to advance blockchain networks and provide lasting solution in core areas as:

• Associate the global system together through blockchain technology.
• Coordinate interoperability among multi-chain network.
• Integrate the evolution of smart contract across all blockchain system.

This means that Quant network is not just about blockchain, yet in addition an endeavor to reform the whole ecosystem.

IN CONCLUSION

The massive development and adoption of blockchain have paved the way for several developments in the core sectors, each time we reach the capacity of one technology, a new one appears to create impression and takes the technology to the next level. After implementing all the overwhelming features of Overledger into blockchain, this will translate to new ways by which the entire blockchain ecosystem evolves. Quant is already poised to build bridges between different blockchain platforms and a link the world together through it. When this is realized, our digital world will be a superior place.

Quant Network project team and Board

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