Quant is gradually gaining global approval and adoption in different parts of the world.
According to a twitter thread, Quant (QNT) has been integrated with various governments, central banks, and enterprises. Even SIA, Europe’s leading payments provider network, has integrated the token, thereby connecting it to hundreds of banks in total.
Adoption of Quant Into Central Banks and Businesses
The Quant team has been interacting with various central banks to allow the integration of Quant into their systems. For example, talks have been made with William Lovell, Head of Technology at the Bank of England, during a Hyperledger Trade Finance call.
With Quant, businesses have the ability to develop their own scalable network of networks. This is possible because Quant is able to interoperate and peer with other networks in a compliant manner. Quant also provides scalable Any-to-Any interoperability, which can be easily integrated with any blockchain and legacy system.
Besides, Quant eases the development of multi-chain dApps that span across various blockchains. Enterprises will be able to pick and mix any API-based system and blockchain when they want to develop new products.
Europe Financial Markets Integrate Quant Into Network
Europe’s leading payments provider network, SIA, is the backbone of the European financial market. SIA has officially integrated Quant. This action plugs Quant into the financial system that connects 580 banks, including central banks. For the Eurosystem Single Market Infrastructure Gateway, SIA and SWIFT are the only two providers. Both providers are capable of granting access to all RTGS, securities, and instant payment transactions for Europe.
Quant has also become a guarantor of Pay.UK, which is the largest payment network in the UK. Quant will help set the strategic direction of the payments infrastructure and shape the overall payment ecosystem for the United Kingdom. In addition, Quant has been appointed as a supplier for the UK government’s Crown Commercial Services, which is the agency the UK government uses to procure common goods and services.
Quant is one of the founding members of the European Commission’s INATBA (International Association of Trusted Blockchain Applications) and founder of ISO TC307, an organization in which 57 countries are striving to create global standards. Furthermore, Quant has laid the foundation for Overledger to be the global infrastructure for CBDCs. Any blockchain ecosystem can gain easy access to the Overledger Network.
Quant has partnered with AUCloud, thereby having access to work with the Australian government and its Department of Defence. To help create the Open Digital Asset Protocol (ODAP), Quant is also collaborating with MIT, the U.S. government, Intel, Juniper, and telecom and payment companies. More partnerships and collaborations are still expected from Quant.
Quant (QNT) Price
As of the time of writing, Quant price was $20.16 with a 24-hour trading volume of $4,670,647. QNT price also went up 5% over the last 24 hours. Besides, it has a circulating supply of 12.3 million QNT coins and a max supply of 14.6 million. Uniswap (v2) is also the current most active market trading QNT.