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Quant Network announced last week the launch of its blockchain operating system, called Overledger, at the inaugural event of Quant X in London. According to Quant Network, the new product reduces the current 8 months of lead time and £ 3 million of costs that companies suffer only to start with blockchain for up to 8 minutes and 3 lines of code.
Quant Network then explained that Overilger is the platform on which the MApps will be carried out (multi-chain decentralized applications) and the Contracts on the Treaties (Multi-chain Smart Contracts). Quant Network will provide the means for Enterprise and developers to create applications to interact through blockchain using a Software Development Kit (SDK). While sharing details on the development of the operating system, Gilbert Verdi, CEO of Quant Network, said:
"For the first time, we can honor the original vision of the Internet to create an open, interoperable and reliable network for people, machines and data to operate on, but without the original flaw of having to know and trust everyone in the network. We have simplified and removed the barriers that prevented any company from exploiting blockchain technology to start with only 3 lines of code. "
Also talking about Overledger software, Quant Network added:
"In their current form, decentralized applications (dApps) can only operate within the confines of a single ledger without the ability to resize or migrate if necessary In comparison, Overledger facilitates multi-chain applications (mApps) that benefit from # 39; have the ability to operate simultaneously on multiple different registers. "
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