### What is Quant?

Quant (QNT) is a cryptocurrency that powers the Quant Network, an open-source communication protocol designed to connect businesses and developers with multiple distributed ledger technologies (DLTs) simultaneously. It functions as the first blockchain operating system that bridges blockchains globally, aiding interoperability without compromising performance.

### How does Quant work?

Quant operates through Overledger, a DLT operating system that serves as an API gateway for various blockchains. It links multiple blockchains, supporting the creation and management of secure, interoperable tokens and digital assets. The Overledger Network utilizes a layered architecture with unique treaty contracts to enable multi-chain applications (MApps).

### What are the potential use cases for Quant?

Quant facilitates interoperability across blockchains, making it useful for cross-border finance, healthcare data sharing, supply chain transparency, and energy management. Key applications include transactions over different blockchains, DeFi, and contributing to the development of CBDCs. Notable partnerships include those with AX Trading, Amazon AWS, and Oracle Global Startup Ecosystem.

### What is the history of Quant?

Quant was founded in 2015 by Gilbert Verdian, Colin Paterson, and Paolo Tasca. It launched in 2018 and raised $11 million in an ICO that year. The project continued to evolve with significant updates like Overledger 2.0.5 and 2.2.12, enhancing functionality and interoperability across supported blockchains such as Bitcoin and Ethereum.

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