Overledger is a first blockchain operating system (OS) developed by Quant Network to address the pressing need for data interoperability across different blockchains and solve the problem of dependency on a single vendor or technology. The new platform will provide a meta-gateway for existing blockchains and networks enabling users to develop multi-chain applications and move data across different blockchain technologies.
London and Zug-based - Quant Network - have unveiled their highly anticipated Business Paper that outlines their plan for developing their cutting-edge blockchain operating system that will address major limitations of single-ledger technology including lack of system interoperability and the problem of decentralised applications being single-ledger dependent.
Not since the Internet itself has a technology shown such promise and elicited such excitement than blockchain technology. While the potential of blockchain technology might seem endless – there are certain limitations that Overledger will address.
“We believe that the key to unlocking the true potential of blockchain technology and facilitating the mass-adoption of blockchain technology, is enabling applications to function across multiple blockchains whilst not be limited to any single vendor or technology,” explained Gilbert Verdian, Quant Network CEO and founder of the Blockchain ISO Standard TC307.