Quant Network (“Quant”) is resolving the difficulty of interoperability over private and public DLTs (Digital Ledger Technology). Quant’s main product is Overledger OS, an operating system that combines enterprise networks with various blockchains and allows companies to launch and scale enterprise-grade multi-DLT applications (MApps). 

“We just recognized that Quant is doing what Ripple promised. Quant and SIA Europe successfully tested cross-blockchain interoperability between multiple Distributed Ledger Technology (DLT) protocols on SIA’s inter-bank network, SIAnet. SIA is the backbone for financial institutions, central banks, corporates, and the public sector to process their transactions. It was clear that Quant’s operating system provides the layer for blockchain interoperability in the financial services sector.” Enzo Villani, Managing Partner at Alpha Sigma Capital said in a statement.

Organizations can enhance their legacy systems and unfasten the power of multiple DLT technologies utilizing Quant Network’s interoperability solution, Overledger OS. The implications of this are quite notable, contemplating it could lead to the mass adoption of blockchain technology and the transformation of institutions to transact interoperable digital assets across DLT networks.

“We are pleased to work with the team at Alpha Sigma Capital, who has a rich history in capital markets and financial services. Their experience and network will allow Quant to take its technology to new markets and institutions to transform the US financial system to be DLT agnostic, interoperable, and benefit from digital assets that complement the existing system.” Gilbert Verdian, CEO of Quant said in a statement.

Alpha Sigma Capital and Quant have consented to operate closely together to extend the capabilities of digital assets in the US, to build value with interoperable DLT products and solutions for financial institutions, exchanges, and central banks.