Quant Network | Blockchain Interoperability | Next Gen. OS | Overledger | BlockchainBrad

hello it's Brad Lori or blockchain Brad today I'm talking to Gilbert Verdean here's a longtime friend and also the CEO of quanta Network and he's here to give everyone an update into exactly what they've been doing Gil thank you very much for your time Brad and thank you thanks for having me again this is good to be here likewise mate and I really mean it it's an honor to have you on it's very difficult to get you in that seat you are very busy but let's go now quite network everyone's talking about it the price has gone up like crazy and everyone is abuzz with regard to why and let's find out let's start off though with the fundamentals you want to be interoperability at scale you want to be an enterprise system that really opens up and unlocks the potential for blockchain in that sector tell us a bit about exactly what Khan stands for given that you've developed so much yeah so the the core of what we do is is it is about trust and so we're bringing it back into an untrusted world and if you think about all the things that have been happening with cybersecurity of privacy data breaches the fundamental architecture the internet is flawed and and the reason is it was actually thought of in the 50s you know so back then people didn't consider privacy in trust and security when they built all the infrastructure we're using today for the Internet and so we were in we've inherited something that is fundamentally flawed and it's only with octane technology today is what we could actually do to fix that problem fix the problem of the Internet at the ending of the original architecture and then the way it was made and and what we're doing is we're laying that foundation for the next Internet and and we're doing it in a way we do that scale and it's its strategic you know we're doing it in a piece in a piece by piece basis you know every every phase is is thought of every step is thought of and we're doing it to bring that mass adoption to to create the next Internet which is what we're calling Internet of Trust but it's basically free architecting that the fundamental systems and the networks that we use starting with financial services networks then moving into government healthcare manufacturing supply chain IOT so it's really really texting the original floor and creating the next generation of other internet with more trust right and we're going all the way down to that base layer we talked about the tcp/ip layer as you've explained that you've developed an over ledger system so it sits as an overlay rather than underneath and what does that mean in the context of your Maps in the context of just the overall plan to be that revitalize reinvigorated internet of value you can have trust what does that really mean for business though in that context yeah so this is this is something the market just absolutely loves they've been um you know clients that we've met I mean we've met with so talk about the mouse over the first time and we haven't just roll with this yeah it's so the clients that we've met you know they said we've been searching for this technology for the last three years you know we've tried everything out there we've tried you know distributed blockchains distributed whatever platforms whatever we can but they're all limited and the fundamental problem is no one has solved interoperability the way we have globally and and that that's quite unique to iterable a job because we thought of this very early on we thought of these problems back in 2013 we foresaw what what enterprise would face and you know we've had another thing saying hey we went with my village of fabric 2 years ago it was great but now we need to move off we're stuck we then have locked in but I've been strong bility now you said something I've got a drawer every single thing you say now you said another girl let's just dig into the depths of the banks for a moment there's a lot happening you've been traveling literally the entire blood world trying to set up business set up deals you rarely talk about them give us a complete rundown and exactly what it means when you say Bank yeah so but look in the last interview I think I mentioned you know we want to talk about our clients in quarter one and and you said you know which ones and I thought all of them and what I meant was with him when we didn't talk to one bank you know we've crashed working with 570 you know so it was quite a 1 plus a month or so so you know it took a bit longer to get all the like I explained last time all little legal calms all the stuff you have to do from a compliant with all that perspective signed off and 507 that's a bloody lot that's how we'd say in Australia that's a big difference to a few tell us yes means in the context of SIA I'm gonna let you get away but there's quite a lot involved with regard to the products you set up the announcements from Italy what's it all about and how can you know that affect the actual business of quant yeah so what we're doing with CIS is unique and this is really what ripple of in trying to do trying to talk to each bank you know sign them on one by one IBM with stellar I've heard that hasn't gone too well lately as well so we're looking into it but they're trying to sign on banks one by one and that's gonna take a long time to do it we've gone and connected to a network where over religion is going to sit and it's connected to 570 banks today so automatically all of these institutions financial services banking all the ones that are in the network they will have access to over ledger and the applications that are on mobile Asia throughout that whole network so this is this is huge because what it allows all of these clients to do is having trouble Billy at scale in one go and so what that means for each bank you know they all have so the way SIA works and I come from a payments background running it for the Bank of England to use the way the way it works is every bank has a gateway a payment gateway in in their network within the bank itself and so the payment gateway does you know switch domestic payments credit cards international payments what whatever the Gateway does and see a runs that infrastructure it's a secure infrastructure it's regulated by the Bank of Italy it's supervised complies to the highest level of security and that's what I ran in in the UK on behalf of the Bank of England so it's a similar environment all of these banks have all the and and on these gateways see a hub see a chain see a chain is is their implementation of three block chains so it's called a typology of fabric and each area and so these lock chains already exist within that network and there's applications running on those block chains as well and right those things are you know kyc time stamping reconciliation and all the things that the banks use and what we're doing is these applications are limited because they're running on one blockchain maybe on one node or one gateway and we're bringing interoperability to it to create cross-platform banking applications core banking applications this is really acting the banking system that use over ledger and all the different block chains but more importantly they allow all these banking systems to interconnect and interoperate so this is a big deal because you're taking closed secure banking networks and allowing them to interoperate to create new multi chain applications that work across these cross border networks and you I want to talk about the magnitude of also those permission and permissionless systems especially the permission because as you'd appreciate they are specifically designed for enterprise and that sector you know need that because of the privacy requirements for their data now you mentioned quarter isn't it just one example high colleges another there's surely more coming with regard to those kinds of blockchain systems and they already are operational many people don't know you certainly do in our in our country in Australia we have what chain permission systems now but what we don't have is one way to connect them that conduit to interlink all of them that's you so in that context you see adjust the start and I'm not trying to find mode but it would make sense because SIA is one of many different systems that are designed to really be supported by something like you or vice versa yeah so if you think about private permission block chains every company in the world can have their you know if there's a million companies all around the world there could be a million closed private networks that work within the organization work within the group if they're big enough and that's great but the problem is interoperability so how do you connect all these companies up together to do cross blockchain transactions interoperability across you know blockchain applications how do they trade with their partners in their supply chain so you've got two companies have their own private networks that are running which is a quarter and my bellator how do they talk to each other to do a trade how to do a transaction how do they move digital assets and that's where we come in you know we're into connecting all of these networks and so the way the path that we're heading to is you know it's the same evolution of the internet you had closed company networks and they're all proprietary then you created VPNs between them and firewalls so you can actually talk to your clients and partners then they connected to the Internet and then you have you know an interoperable network that consult to each other we're doing that for blockchain you know across that scale you know the world but I want to ask you ever see it just a bit more now you're doing the sale and C is really a key example or a key starting point because they are their own network they had their own banking network and you're tapping in to really provide a tool they've never had before to bring them all together now in that context is that just one of many different sort of networks of banks that you can tap into and given your experience surely there must be other sears in this pipeline so you know let us know Gil what is going on with the rest of the banking groups that exist yeah it's not just banks but it's any organization and so the clients that we're working with I mean banking is just a start where we're working with government we're working we're working in in research in a huge conglomerate and there's these guys you know they're gonna use over ledger internally for all of their group which is all around the world and it's a similar thing but but think about think about it differently you know where we're allowing what we call business interoperability allowing trade corridors between companies and countries cross-border that just are not there today and and if you think about what's happening with digital assets and people are making their own tokens and coins and and trying to move them so check with morgue and you know that's that's a great example I don't see I don't see why that why every other Bank is not gonna have their own token in the new future so there could be you know HSBC you own whatever Center everyone's gonna have their own banking internal token which is absolutely great and that's used for internal accounting purposes moving assets and you know value in between inside between those own constant but what if they need to move that to another Bank how do they interoperate and that's what we're doing so we're allowing banks to to communicate openly with each other and you know Libra I did mention this in in the UM in CBC the the conference last week it's a story in Zurich sorry Libra is a great catalyst for this mass adoption because all of a sudden the banking system is just realized oh hang on there's a threat there's there's someone at the size of Facebook doing what we've been doing we need to get together and you know hurry up right right point mate because if we want to talk about Libra we've also seen the reactions from the US Congress right now they're putting a bit of a halt on it as they called it or it says on this development specifically because of that threat now bring it back to cuanto in that context clearly there's a benefit to the blockchain clearly in the context of business you're three lines of code you know that you you know is your slogan is so much more than that when it comes to tech but the simplicity there for uptake now again harping back to that 570 think you know consortium or conglomerate that is SIA you've partnered with them have their business connections you've long had them all the way from Australia to Europe to the US and pretty much everywhere in the West now in that sense let's expand it more to what you're alluding to to all the verticals all the potentials of business surely the CEO base in Italy is just literally the start I really want to understand from you Gill as a CEO what is in that pipeline with this of this mechanism that you've built to engage this network of businesses worldwide it's really substantial given that see I could technically be that starting point for building the Internet or value that could really want to do ya know it's a good point um Sears is the site of what we're doing the the vision that we have is to you know create the next financial system that is a hybrid between traditional finance and all the networks on the systems and decentralized finance and I've mentioned in the past enterprise will not be centralized it's they can't from a regulation perfecting they come from a security risk perspective they just can't do it from all the governance and the compliance they have but they want to decentralize in a controlled way and you know we're that way to do it you know if you think about how we've architected over ledger you get the best of both worlds you can keep your traditional secure financial system and then you can actually connect it to a decentralized blockchain and and you know I've heard people say oh you know our technology is patented and it's not decentralized it's a cloud but they really don't understand architecture and technology yeah what we're doing is we're bringing in hyper decentralization you know where we're bringing in a way where Enterprise can actually be centralized to Templar chains today at scale you know this is not just the internalization its Hyperloop centralization they're doing it from a way where it's it's more comfortable and more accepted from their perspective and so our vision is is to be the foundation of you know there's a term defy dead for whatever we we just call it the the the next financial system you know where we are connecting this and we're moving into the space where it's not just working with retail and commercial bank but it's working with regulators and central banks on this gotta this is this is a level up that wiki that we're going towards now yeah that makes a lot of sense that essentially you're a for-profit structure you're trying to build a real business and to some degree you need some level of centralization to build this out and you've never shied away from that Gil but certainly the mechanisms the whole innovation is the distribution you know the DLT this by default because literally you're flipping old models of technological innovation on its head to make this work but in doing so once again let's go back to this because you really want to give out this information prematurely but you do know more than you're giving away when it comes to beyond seer that's what I want to dig into what can we expect with regard to this Internet of look value building in translation to real business I'll give us some names give us something Gil so I understand that you're building beyond that that particular event when you announced because it was a huge event and even today people don't understand I think how magnanimous ignition see it was but there's a lot more coming the magnitude of our doings is quite big I mean see a you know we we're working with the network the network of 570 banks I can't emphasize that more more more anymore than them what I'm you know you know we're not working with one bank trying a in a village or a blockchain or whatever or two banks this 570 banks they're going to use the technology at scale and what we're doing is is really interesting because what we're doing is not just having an application that does you know one thing we're doing payments and clearing and settlement across different networks for all these banks so if you think about it we're we're inter connecting you know a closed network with a lot of network and then settling on another network which is just basically aetherium so that other network could be a central bank a digital asset asset-backed cash it could be a stable coin it could be anything and so this is this is foundational because it's it's a new it's the movement of money but in a new way and you know I mean if you think about the coral but it's just an IOU and you do a train and you settle between them and you promise that you're gonna pay but we're doing a hyper decentralized settlement across three networks doing payments and obligations and settlement at the same time that's foundational to changing the financial system and then we're going to expand this globally so can you imagine you want to do a trade you know between cross-border between countries between banks today even the fastest way and this is you know this is fact it's still easier to get on a plane with a suit with a full of a suit buy a bag full of a suitcase full of cash and then give it to the potty beat you know give it to the other party what we're doing with our architecture is automating and digitizing that across different block chains and settling between types of currencies tokens assets value in real time and that's going to fundamentally change the financial system this is a global foundational change to the financial system we're not just doing bank to bank we're where we architecting how finance works in the future yeah it really is a revolution in that sense now let's talk about the regulations and compliance they are very complicated right now because you've seen the u.s. move on this we've seen China move there we've seen Korea we're seeing India now when you're going borderless as you are when you're involved in this kind of sort of financial Network and engaging that as the fundamental tech that so this is this as the internet that lights at all last internet value how do you go about making sure that you are compliant that you're fulfilling the needs especially given that you started in a place that is relatively open and to blockchain it's certainly open to crypto as a core engine to drive this innovation but many regions are not like that so how do you make sure that you give that tree lines of code open globally yeah so the good news is I've come from the regulator world so if you're interesting those with compliance security privacy you're meeting all the requirements at every level technical and business then you're okay you know they give you the green lights and what we're doing is it's not only different to what I did before in in previous roles as a CEO the chief security officer we're doing this in the constructs of compliance but we're doing it at scale and working with SIA it's it's not new for us you know we've done this before so for us the way the way you do this is you get bored with the regulator's you explain how it works you get their buy-in you demonstrate how you comply what your technology brings what what the value it brings and you get the you get the okay and that's that's how you do it so for us it it's a matter of working closely with different regulators and we have the contacts and the connections I mean you know this afternoon I'm meeting another central bank you know that's that's just the way it is okay now you're bragging but in this context one thing that interesting and sets you apart is that you've been directly involved in that process of regulation you certainly have been part of the standardization of blockchain and you can talk about that in a moment but really but there's also the European situation as well with AML D fibers that have come through there's a really strong push for support there is that one of the reasons why you started with SIA for example in this region because it's really just there's so much support in in Europe and in the eurozone for this to flourish yeah and and everyone sees the potential of what what is happening with with DLT technology everyone sees the benefit of what it can bring and it's and it's if you look at it opening up the financial system to innovation it's allowing more competition gives better outcome and better you know services products for clients and consumers and then it's it's allowing the exporting of natural services globally I mean you're not limited in scope orders anymore you can actually take this global and operate a cross-border level and it helps you know Europe expand and create jobs you know it's a great win for people and yeah Europe I mean being involved with you know the European Union in the Commission and you know the UK government it's been very forward-thinking and and they've embraced blockchain and ELT technology they see the potential and and they're more and and they've got the ecosystem and you know the vehicles to innovate and allow it to to flourish and we're in the right space at the right time and everyone is always looking at Europe to you know see what they can do and I know you know the Madison Singapore the Montgomery which it's already the Australian you know I seek and opera they're all looking at what happens in the UK what happens in Europe and creating that bridge so they can benefit from that thinking so yes it's going global and and Gil it's interesting that you mentioned those for those different parties or those entities because you're directly linked to them and let's talk for example in Singapore Hong Kong Australia I've done a few a generative research on my MA in our country in Australia and you've been involved quite a lot in that architecture from the outset red-bellied blockchain for example is a Great Commission system potentially in the future you're potentially going to connect and tap into that technology so are you or going to build this out you know country by country are you talking to other parties in different regions so that you can literally develop these permission systems tap into more businesses and really break down these borders in all different sectors with regard to new block chains coming yeah sure enter is yes so behind the scenes we've been very active with the Australian government and regulators over the last three years actually so there's there's a lot of work we've been feeding into around open banking consumer data rides around FinTech and innovation you know coming from the calls from the Australian Treasury from from Masek as well with the the FinTech stuff that they're doing and with data 61 so we've been working on a lot of that submissions to open up that ecosystem to get the rig right regulation that's needed and we're part of groups that you know contribute to that so that has been quite good so the view is we want to create and and replicate what we've got in Europe in each region and so having that having over ledger as the mechanism for you know the Australian ecosystem to allow interoperability and openness is just a great way to help bring innovation to the country and and now we're looking and focusing in in the US and that's why we're expanding you know where we're taking our approach and technology to the US where we have you know clients lining up that they want to work with us over there and that's great because as soon as we open up our office we've got clients we can meet we want to replicate what we've got in London the London office but in the US but that means we're going to build us market specific products from the US thought the US market using herbalism and so that's quite unique and we're looking at things beyond just banking and payments we're looking at exchanges traditional exchanges you know digital assets we're looking at asset management we're looking at us specific products that are powered by a relator that's gonna serve that market really well and we're looking at the same for Australia and other regions okay so us we talked about this before there's a strong sort of confluence of support in the West and frame I mean look at the kinds of experience it's always tended to gravitate towards Australia u.s. and the eurozone and UK especially now one thing we haven't talked about is the other parts of the world let's talk about you know the developing regions let's talk about Asia has got to be more going on there that we haven't talked about given that the real blockchain innovation a lot of the blockchain innovation is actually coming from hubs like Singapore and Vietnam even China to some degree some would argue certainly there's a lot going on in different regions so are you tapping into these marketplaces as well gilt um we we are and we did visit South Korea earlier this year and we were there for a specific reason um we're getting we're getting ready once the market is ready for because there's no point going into a market and there's there's no ecosystem where there's no regulation that can support this innovation so we're we're helping clients and what it means for them using our technology and that's great and once and you know we did this with the u.s. we waited one year before making a decision because the market wasn't ready and you know we were there last year I think it was May going through the East Coast in Washington and we spoke to Congress and Senators and you know and in the capital and we looked at regulators and I just want ready there they weren't ready for watching and so we waited one year and that's why now we're you know heavily focused on going to the US because a reason so we're we're in the shape the markets and getting regulation ready and then waiting for the regulations to you don't exist and then we're going to go into different markets so having said that we are really looking at especially around Singapore Hong Kong and we are working with partners to go there and that's kind of the best way but I mean just yesterday we had a wait a meeting with a they're a billion-dollar company they're huge and they're they're based in in the Asia region and they want to use over laser for their clients and they're going to help us expand to that region so we can't do it alone it's not that we're not that resourced up with number of people but once we pile on with the right bigger players they can take our technology regional this is so interesting because basically what you're saying and very few CEOs actually disclose this to me is that you're following a line of regulation you know that's an imperative for your own business model so it doesn't matter how innovative the blockchain is it has to have that coupling with the regulated marketplace and that's why I arguably you followed through with Australia with the the US and that's interesting given you know the hard line that they've taken on things like the Libra coin but essentially this is why because they are serious about trying to make sure there are proper statutes proper laws that govern this now in this context obviously your waiting list to happen in Asia but Singapore and Hong Kong are very Pro regulation as well so there's a lot more to come role dimension for over ledger in that region in the coming years yeah absolutely um you know having said that we we have been talking to them and single boss specifically and you know we have introductions and we need to meet so we could be doing a trip to Singapore shortly to do that but actually we are looking at them yeah so going back to the tick let's talk about that now we need to make sure that you've advanced we meant that you improve any buns or any of the technological sort of start that you had has graduated to something better today so what give us an update on that how is the mat how the mats going how is the code going and just a bit of a rundown on the technological update yeah really well I mean you know we've been evolving and progressing the technology daily it's just the way software is you know we've been cleaning up a few things and you know github is is very very close and you know people think god there's no activity on github those guys are not doing it right people don't then technology you know I'm really sorry but there's a lot of people who speculate that they don't come from an enterprise background they don't know how technology works we don't publish all our code obviously for security reasons and IP you know people sometimes have said there's three lines of code how does this work with redundant code two lines of code gives you access to the platform to the operating system behind it as you know millions of lines of code I mean that's how it works so so our github that's published there's there's activity on there but it's the SDKs you know we've only published what we need to publish to the public and the fpk is allow everyone to download and start using autoloader today and create map multi-channel applications and that's it that's all and that's all plans including enterprise need everything else behind it you know we have another hundred repositories that do different things but there are private internal repositories we're not going to publish any of those what so many of those just want to jump in there for a moment please keep going the guides but I think it's important to raise the point that when we see crypto reviews of code in quads case that would be farcical you know because you're really only seeing the tip of the iceberg if anyone tried to access you your repos and you github it's just you know a small amount of the entirety of what you actually can do yeah and we will not be comfortable with anyone from a crypto background looking at our code ever so we've had some people said ah you know we need to look at the code and whatever we said no you know we do this independently with security professionals you know this is where you bring a big five the big four consultancies in they can do reviews on whatever clients we do it at an enterprise level we don't just give up our code it's open source and everyone can look at it and decide how good or bad it is well what we do is we you know the code is is out is the gateway to all the block chains and so if you think about what we're doing we're allowing everyone to use over loader to access you know ten block chains plus more as more and more by respecting the rules of all the underlying block chains by keeping all the security and the consensus and all the integrity and you know all the stuff that McCain's do I'm intact through Oberlander but you get the benefit of going multi-chain and and so we're not reducing this purity of blockchain we're not adding extra overhead we're not adding extra complexity we're giving you a single gateway to all the block chains whilst respecting all the rules of all the underlying blockchain so you still have decentralization mr. Lufkin sensitive you still have more tolerance resent on whatever it is but at scale but across multiple chains and that's only possible through over later so we're not centralized where every data that we have is stored in a villager client data blocks value payments we don't do anything if we don't do any of that sort we we don't store anything in over ledger over ledger is your gateway to all the block chains all all your data is decentralized but hyper decentralized across all the changes yes so think about it it's it's it's a it's a more secure way because you're getting the benefits of all the different chains at the same time but you're respecting all the underlying rules of each consensus mechanism of each block right so technologically decentralized business model though your structure is a real business you know you're desirable profits of profits of that is in its own based on your own experience of pre blockchain and you use that knowledge to build out that business now going back to the model chain for a moment when we last talked you had a specific number of block chains that we integrated into the system you're agnostic by design have you on bought it more or you know obviously you do rigorous DD on the ones that you do include in your ecosystem what's the the info there how are you going in terms updating and expanding the multi changer yeah so I think last time we spoke we had three or five or something like another time yeah so what we've done is we've we've covered the enterprise five and so you know purple edge of fabric quarter Chickamauga Corum an internal etherium of different sorts and robotics RP ledger so we've connected all the enterprise block chains that the nine 90% of customers use one of these or all of these and that's because of all the banks and all the clients that were working with have an internal version of those all of them they all they all use it and so we've covered most of the enterprise market and then we've started adding all the open source you know permission list block chains so we've got you know that the CRM you know we've got it area big poin in the labs yeah and and we've actually started looking at balance chain and we've been talking to violence about it as well talk to you about now they have cleared the volume they have a huge footprint in the crypto economy so what do you mean for you again not to follow but you know this is the indirect effect if you do a line and if you do partner in some way or sort of engage them in your own network what could that mean for quite so it means finance chain will be another connector into a religion and it means all the enterprise customers they do using private permission block chains you know popular to a court or whatever they can all access one owns chain through a religion for the first time as you can today because there's no way to do it and what could that be like you'll in the context of them being such a huge sort of driver of crypto innovation or cryptographic what could it mean look at you in that context but it's also the reverse so it means every every user or Enterprise using finance chain can actually start talking to enterprise so so we're opening up these new markets we're bridging traditional enterprise networks with the banan scribbler top and networks and allowing this this bridge to innovate and create market access so it means more more customers for both parties but it also allows you know them to use ripple if they want to throw us using other networks you know etherium yes whatever we're onboard it just allows the interconnectivity of these networks and scale which is that so you're giving yeah that's huge and you're giving them the key which is your own code and that's through the other ledger system you know as you've mentioned before the token is that key as well now if you're going to essentially engage with binary and as you said that's a reciprocal benefit for both parties could could do envision to envisage that in that context financed through you know this potential partnership could actually engage with things like seer you know and I open up the potential for business for them in the context of you know our multitude of different verticals including banking well yeah I mean it gives just at the enterprise market and you know as a reciprocal thing market gets access to you know permissionless what chains Revelator and finance is just another watching that we can connect to so well you know once we integrate that we're going to look at it and see how it works and work out the model and the benefits but it's looking positive and we're already seeing this is quite a good at use case we're seeing enterprise customers that have in terminal block chains like a goblet of fabric they're actually they want to connect to private to public Commission must block chains and this is new this wasn't around to three years ago now whilst I was very attached to it before there were no good learn that you just do not want to do it but now through a controlled gateway through overloads oh they want to connect to permissionless block planes safely because it gives them access to another huge network but they're also doing it to do some innovative products and and we had one client say they actually take everything they do they do an end-of-day check on all the transactions in the bank they go and you know store that and take a hash of it and then then put that Bitcoin on the blockchain itself and I was like why on earth are you doing that and and and they said doing it for compliance reasons because what's happening is every day there's a there's a checks checks I'm gonna hash but once a Bitcoin and it shows the ring later that when they do a monthly report or a quarterly report the regulator can go back and check the hashes and show that the data hasn't been tampered with so they can't fudge numbers and say oh it was ten thousand no no we changed it to hundred thousand and it simplifies the cost of compliance to an enterprise I mean just just being compliant in banking is some type of theory because the cost of just your business you have to put that into your everything that you're doing into your business model so if you if you're able to simplify that and reduce that cost and automate it and give the regular to real-time reporting you save a huge amount of money from your bottom line because you're able to comply but it's going to cost you less and it's simpler to do right well clearly there's a lot happening in with regard to the potential of these permission systems to integrate with permissionless ones albarran is a really good example at imagine that you'll be having conversations at some point indirectly or directly because they came out of the blocks you know on fire when it when it came to corporate connections top-down connections you know their their prior cellulation went to almost something like Facebook up overnight so their argument is that there is a real use case for public and permissionless systems and you're sort of you're doubling up on that and you're literally saying that not only is it possible but we need it to enable this and Internet to to flourish to exist yes and the problem is the enterprise had to pick one particular blockchain in the past and we've had clients saying we want to and here's another example in asset management they said we want to take a will or an artwork right and the ones tokenize it and digitize it and put on what chain and if if something happens to the will you know it's there or what chain but they don't know which blockchain to use and the problem they've got is if they put it on Bitcoin it's gonna be around in ten years or 50 years is the theory I'm gonna be around no one knows so they're looking to use over ledger to sign the will as a digital hash as you know a single transaction using overlays other to five or ten and for them that's better compliance it's it's easy to do and they've got you know the only way in the world you can do this is to use a religious and multi sign and put them on all the different chains in one go so one chain one two and three don't exist in ten years time you still have three and four that exist so gives them better assurance that this thing is going to work and that's what we're doing it and Gil we need it because we've seen already in the first way of blockchain iterations or developments that many of them no longer exist since even the first homeless folk so in that context it gives everyone that assurance that there's flexibility built into your model and also it acknowledges the volatility of this space and the optionality that businesses worldwide need when it comes to and n the flexibility in terms of trying to build it you know something that they want to do specifically in their vertical utilizing a multitude of technologies they may be a multitude of block chains yeah exactly so we're giving the point which they never had before and every enterprise that we're using you know the question comes back is we don't know which blockchain is the right one we don't we don't want to be locked to a single blockchain it can be the fastest flashiest one the best algorithms or the best consensus but enterprise will not adopt it because of the risk of being locked in and right that's what with we're allowing enterprise is to try and innovate use all the different changes they want that could use the shrine anyone on the first one on the secure one whatever it is but they can use a throw villager and they have the choice and the absolutely now since we last fight we've hit a bear market considerably now we're moving in some sort of you know not sure which way but certainly the trajectory right now is looking positive what are your thoughts with regard to the bear market in terms of the impact it sparked potentially had on you your own development has it at all had any impact as you've been building no not to us I mean the the market was a was a good filter to really flush out the the technology that just wouldn't last and a lot of the hype that just was overhyped so I think the noise is really cleared and especially looking at the enterprise market the mass adoption for enterprise has picked up more than what it was in 2017 with the noise and the hype of the traditional you know crypto taco market so I think where we're heading to is something much much bigger because we're seeing the mass adoption of enterprise and us as an example you know the mass adoption of 500 banks around 70 banks in one go using blockchain this is unheard of and we're gonna see more or less you know there's gonna be more and more of these big announcements coming from all sectors right now is your advantage kill the fact that you entered quite early in this sort of interoperable game you know technologically speaking for you know the transition we see in 2d LT is that is it because of when you started because you've certainly were attuned to this really early I remember talking to you about this in our first interview way back in 2009 you started to really think seriously about this potential is this the core asset really is the way that you built this of when you did it yeah so so back in 2009 I was sincere a jury here in the UK for the government I saw the paper very early on as it as a security guy that was very interesting for me I saw the potential of what this can do and and it really fascinated me that there's this new network and it's you know it's like a peer-to-peer network and the money aspect of Berlin you know this has been tried before but there's something different about it so I introduced it to the rest of the government all my peers back in 2009 I got my policy guys and Treasury to do a policy on it back then and I was very early but but I saw the potential and I kept working on it in the background you know I saw a cerium get built I saw all the stuff you know back in 2010 there was a lot of talk around watching can-do and Bitcoin was eight cents or something you know it was very early on but I kept seeing the potential of what he can do and the problem that was bugging me back then was with building technology but in isolation and and that was just wrong I mean we're making those mistakes and bringing building comprise a technology can talk to each other it kind of operated you can't change it if there's something wrong with it you're stuck with it and this is not a blockchain problem it's a technology problem from you know the 60s you know everyone's been building proprietary mainframes for IBM once you have a main for I don't take it up you know you're stuck with it for 50 years so I saw the the problems and the repeat of the problems very early and that's why I set out to fix it with the standard with the ISO standard and TCS first because that allows to allow interoperability and connectivity between all different chains and on different technologies then I thought I have to fix not just through a standard but I have to fix it at scale and the way we did it was through an operating system and that's whatever legit the concept of OU Malaysia was was thought of you know back around 20 2009 2010 was very early on and and we just had to wait and and wait for the market to be ready for it and build that if we built this early on you know people were saying well why do we need is really busy theorem you know they don't understand the would've understood the problems back then and the market right now that problem that they face and that's the biggest problem that we fix very early on but in in the right way that scales up and that's that's why it's worth them right and also the imperative of scalability I think this is a really key point because you don't need a million TPS to function in the way that Ivanova ledger needs to do to service the needs of future markets but certainly need to do more than aetherium was offering and so that's even more reason why had been patient making sure you had that multi-chain system built in it was essentially one that had that elasticity to continue as the technology was building in a year in year out since you started you could incorporate the innovation the development I think that's understated because when you stifled by the silos of one tick you can't you know take on board the next iteration next development and you literally can yeah an enterprise they will not buy all these new fancy block chains there will not integrate them into their environments because they don't have internally they there will not get the next best consensus from Tron and neo and you name the next one whatever you call it like you know whatever the next blockchain is all this stuff that comes out in the past and what adopt it because if they if they use that technology they they install it within their environment they on it and integrate it within the therap and their applications and if they want to move they can't you know this people in tongues then this is not an acceptable risk for enterprise they cannot afford locked into any technology it's not blockchain because then need a way to move between technology brands versions flavors stacks seamlessly without impacting the business it makes perfect sense kills now you're the operating system to do that I'm sorry interrupt but we there's so much I want to cover now your you've got the kiln literally to unlock business and these block chains together what about competitors to your knowledge since we last spoke are there any that have really cottoned on to the imperative of having this access point and this conduit that you provide technologically where they try to tap in and do the same the there's there's more blockchains since last time I know cosmos and Vocaloid have had some progress but again that's just another blockchain to adopt that centralized blockchain on top of another blockchain to have interoperability it doesn't make sense to an enterprise that they're not gonna they're not gonna be comfortable with that approach that architecture and that integration is is out of their control and if something goes wrong they can't do anything about it and that's a huge problem so you know they it would work for particularly use cases and and if you're you know if you're doing something that's purely as a doubt it's it's decentralized on blockchain only there's there's no integration to an enterprise yeah there's use cases where those types of implementations work and you know we're seeing you know bigger companies looking at this space but we've had you know and another so Oracle you know this is one of our partners and and I can name them they they love what we do they they they've looked at the technology they said interoperability is something that all our customers are wanting and you know their work we're working together I mean we're part of the startup ecosystem and and there's more coming from that space you know so Enterprise love the technology and it's not just Oracle but there's other partners that you know that I will mention once once they're out but they they want to take out technology at scale to their customers because it solves the biggest pain points for enterprise and you know from a competition perspective rather than building the the pondering so obviously as you said there's more to come are these really considerable partnerships are these large sort of entities and corporations that we would all in oh yeah so there are multinational global organizations with hundreds of thousands of employees I mean this is this is the scale that we're working towards to take over ledger to to the mass market we can't do it one by one you know in each country go to ten customers and sign them up but we can partner with someone that is a hundred customers and they can take it to all the customers as well that helps with the adoption of our technology right so Gill am I talking to the CEO quite literally of the key to or blockchains working for the next you know generations to come well we've got a clear vision and the clear strategy ahead and we're working very hard towards it so that's that's our goal you know we want to bring blockchain to everyone globally and they don't need to know that what what chain it is that I need to care how it works or what consensus it has and whatever you know when you're using your phone you just all you want to do is send an SMS or a picture or an email or whatever your brand or your family all the technology underneath that how 4G happens and 5g and the packet switching and all the stuff that happens on you know dsm modems and you don't care you just want to send that photo to your friend and that's what we're doing we're we're allowing that mass adoption and simplicity of you know everything using blockchain to send transactions and value between parties right well those that have the utility token right now through the exchange that exist they care that's what I want to get to now with you exchanges listings these are topics that you know are not going to like so let's go now with regard to the current exchanges new current and you have having looked at your position now we're talking about some lesser-known exchanges to be really honest you know a lot of them idec's yes has a good reputation many of the ones that are in utilizing your token you mentioned before they listed them without you know anything that you've been to control but certainly there's a lot of action happening with these lesser-known more more contentious more questionable exchanges and the most the volumes happening there do you want to comment on that or do you even pay attention to this um yeah I want to comment on yeah we do we do pay attention so yeah our approach has always been catering for the client needs of our clients of what they need so from an exchange perspective you know we didn't want to list on exchanges very early and I was very clear last year we're not listing on any changes we're not doing that our focus was to build the technology yeah once we build the technology then we said okay now we're gonna start exploring exchanges but we want clients first so so we have dabbled in the exchange stuff which was fine and it's been okay till now but the focus has been clients but now that we've got clients now we can focus on exchanges and so that's something we're addressing I'm gonna throw some names at you things like Big Macs beat tracks by Nets you know BitFenix these be exchanges some of them are really well known you've already talked about the potential of partnering the finance in the future with regard to the decks with regard to what they could actually do to benefit from your tech now you're going to be talking to some of these I can sense already kill if not already let's keep going let's dig a bit deeper yeah I mean I could say what I can say and and we know we're under NDA was with a few but what we're addressing is exchanges that are good enough for the volume and the clients and the scale that we bring and what is that girl good enough volume you know how do you assess the validity and the quality of an exchange does it need to have a certain capacity so just being transparent where we are looking at traditional exchanges that that also have the ability to look at digital assets and and you know Kahn token is a digital asset so so the market has changed since last year so you know the big players have on board the ability to talk and transact digital assets on traditional exchanges that do stocks and bonds and derivatives and all that's you know traditional finance product I'm hearing so so we're talking about mainstream exchanges that have existed pre blockchain yeah absolutely so so the marketers especially in Europe you know that they're already and you know there's some regulatory stuff in the US that some are waiting to clear and that's fine but we're gonna cater for all markets because what we bring is that that Enterprise depth and volume because people need the con talkin and sidon it's in the utility paper and you know still hearing people saying what's the purpose of the talk it's like please just read the paper and understand what he can do it's it's you need the token to access you know ecosystem it is use that yet for a villager and you need it for transactions volume and from a security perspective nothing will run unless you have the tokens and all the transactions have to be able to be signed and validated and encrypted using the keys and the con taken for security purposes yes without it nothing but and so people need to realize how that has you said it's the keys to the to the right map and timeframes again I know that you're not going to like these questions that's okay where are these we can handle this tough talk when we likely to see this you know is it going to be sometime this year yes absolutely yeah definitely sometime this year that's that's what we want to do it's what the market needs is what our client needs and so that's the goal right okay now we've talked about essentially the utility we covered that point I don't think people are really pressing that anymore in this year but certainly the token price I want to talk about that with you Gil 4x in a month that's insane you know in any market outside of crypto that's what's really crazy but it's not in Quinto now we've seen this happen very recently and I don't want to sort of sugarcoat this how can something do that in a very organic natural way so rapidly so suddenly does this make any sense to yeah I mean if you look at out our history everything's being lastly staged and organic and the growth has been just you know it's not been at speed we've been taking our time because we've been focusing on doing the right things delivering to what we said and we've over delivered every single time we've over delivered everything that we said in our roadmap then we worked on clients and we've got those it's not just one client that's like 500 plus clients you know and and now you know what's happening is I I guess that's reflecting what the market is seeing I know and our focus isn't isn't I mean with you know we're here building the infrastructure to power the next financial system I mean that that's what we're doing and it's across you know banking and healthcare and government and all these different systems are right for transformation and that's that's the focus and and the token is something that's needed to power this and it's it's the market reacting to it so we're not we're not speculating what it should be in what it can be and it's it's determined by the market and what they're seeing and it's really from the outcome of our work and what's public so right and that's what I want to talk to you about now clearly the seer announcement that was significant that correlates with some of this movement but is it entirely that I mean is speculation by design coupled with your scarcity and I'm talking about your token scarcity is that something that you know you pay attention to at all and I ask you this because does the price have any impact on your ease of business this is important for us understand because obviously your tokens always kind of have an inherent value it's going to be volatile by the sheer nature of blockchain but does it even matter in the context of how you build this out as speculation continues as the scarcity continues to exist yeah the short answer is is no I mean we're not but we're not all about that the price and the token I mean what we're about is the technology and the infrastructure that clients use and and how much they use it's after them what it means from a token perspective it's it's it's what depending on the price it's what the clients pay for the volume and and how they use it you know if we say clients pay a hundred pounds a month to use a hundred transactions of over ledger read and write that's like a cloud-based utility model it you know if it's a hundred pounds worth that could be one quants or a couple thousand quant you know it's it's kind of agnostic to the to the actual token price it's you're paying by the usage and and linking it back to to Fiat because our customers you know they don't know how to use exchanges I mean how does a bank procurement person just accounts receivable accounts payable they how are they going to go and sign up to an exchange and go okay I want to buy ten thousand font you know then they can't and and you know a lot of approaches in this space they've got it wrong because people are thinking that that's that's what's going to happen in the future it's not you know people banks and enterprise don't have the the processes and the systems in place to be able to do that and so that's why all our pricing is is in feared in dollars but it's converted to whatever the price of the token is on time so it's kind of not related it could be thousands but dollars per quant or it could be you know ten cents account I say price is still so your treasury models built upon fiat you know globally so that you know businesses can have that ease of you know exchange of so that they can basically pay for the services that you offer and do it in a way that they're used to not be affronted by the mechanisms of crypto and and blockchain but I I did still want to ask you though in the context of this scarcity modeling when someone bits on the blockchain then plays in the crypto casino utility is not something they're thinking of they're just thinking can this go more than a 4x so does it even matter that's the thing I really want to get clear with you today we have it will go on to the decks of this does it even matter given that the pricing ting fee it doesn't matter what the speculators do to be honest I mean I don't think of us where we're really focused for enterprise and their clients as our clients are and there they don't but I know a look at what's happening with speculators and what's going on but this is the same as a stock market I mean you're a company you have a stock price you you care about how you report that to the regulators and to the market if there's algorithmic trading that's manipulating your stock price and someone's buying more stock and shorting it and Tesla's had a problem and trying to do some thought and whatever on your stock price this isn't anything new I mean this is what all companies face public alistel or not so for us that's not our focus our focus is our plans sure now supply is a challenge though that I would pause it right now because you have a 14 million plus just slightly over with regard to total supply nine nine million roughly in circulating supply now let's take a hypothetical for a moment let's say people you know in groups are trying to capitalize on your scarcity and they try and extract some of the utility tokens and place them in sort of a sov you know conceptually they treat it they try to convert it into a sort of like that Bitcoin mentality of making it you know store a value for themselves is that a concern because they could literally treat this as their own sort of Bank you know involved all and sort of store of their own crypto cash which is their coins that's going to take it out of the utility frame so does that concern you at all um yeah look I can't comment on what people want to do and just being blunt that like I said this stuff happens in the stock market today and it's been happening there's been a stock market you know from 100 years ago I don't know if people want to do stuff that's their own thing I cannot comment or speculate anything on that but what I have to say is you know our focus is to serve our enterprise customers and then the open source version as well in the community and that's what we're doing and you know we were here to serve glanced right and so in that respect I do how you're gonna make sure you have enough tokens let's say a lot of people wanted to do the sov since they're used to that narrative from BTC how are you going to make sure you have enough tokens throughout the time given your so scarce to make sure you can always do business I mean we thought of that and you know we're putting in mechanisms in place to to have mandatory minimum Holdings to be able to use over ledger which is similar to what stellar have done and coladas so you're already limiting the ability for people to manipulate anything right and that's one you know where we're transacting everything through our ledger so we can we can see you know anomalies because everything comes through our ledger and and we have that cybersecurity background to spot a lot anomalies and then separately the token is 18 decimal points right so there's a lot it's not just fourteen point four million it's there's 18 decimal points behind it so the long way scoping the value of this and it for it may be very global in that context yeah I don't know in time we may be hitting limits I don't know I can't speculate but we've thought of that there's a flexibility built into the system you know we've thought of the controls and the mechanisms early on when we architected over ledger and including how the token works and it just comes from experience you know we've protected nations from threats and cyber security risk and we know what people can do and you build your controls around that to mitigate against those and it's not just mitigate but you mitigate and deter which is coming from a classified security background the the mechanisms where you can actually stop people and deter them and then you know if they want to take it to another level there's other mechanisms you can bring in and we've we've rket we've built all this we've architected all this thinking in into our approach so you know we see right absolutely Gil now with regard to developers now you medically its proprietary tech so when certain developers want to utilize this or access and build a map for example we utilize the model chain give us an update on the kind of numbers you're seeing as you've evolved as more enterprise parties come on board what kind of numbers can you tell us that are currently using your tech to build their map yeah we we have our our developer portal and you know last year I think we had 96 organizations or something excuse me when we last chatted registered with our developer portal I think the numbers today are about 230 240 organizations that are registered well yeah and and it's separate to sear and you know this is other other clients and and so we're seeing lots of people use this at scale and they're building stuff and we would have a couple of development houses that are using it for in telecoms for their customers and looking at royalties and building that on a villager which is almost chained and we've got some others in banking that are separate to the sphere banks and yes by chain there's lots lots of clients and they're using it a lot and we don't know what they're building until it gets published and they may not put it on our map store that there may just publish it internally and it could be an internal application for a big company all right so it sounds like you've got so many businesses that you're working with I don't even know how your team keeps up how is the team going just on that note have you been expanding since we spoke last you will always want to not really focus on the quote the quantity but the quality of your team is that understand the stance we take yeah yes we're you know we're always firing we've got on how many positions open right now there's about five or six they were looking interviews today for more people so we're hiring the people with the right fit and what they can bring to the table because it it's it's it's a certain amount of people that have to fit in and have the enterprise background we're not just hiring anyone who knows looked at what chain you know they have to come from 10 to 15 years of solid working in an enterprise because they need to understand how a corporation works right you know this is a different and and then once we do that then we're going to do the same in the US with the product specific stuff so we're going to have another team there you know serving clients from a delivery perspective but we're going to product teams that are going to build us specific products for that and then same process you know we we're constantly expanding well you certainly are and with regard to a recent tweet I saw more patents are coming can you tell us a bit about how many patents you put in or just really the position you're in with regard to protecting your tech yeah so typically to understand patents are key to keeping the the IP and the value of the technology you're building and so we've been doing this probably right right from the outset and you know like every other technology company at all in Microsoft or whatever there are hundreds of patents to protect how they do the stuff that they're doing to deliver the service to their customers and so it's we've only just started so yeah we we had one of them was last week actually it was last week it's been published and and everyone can read what we're doing that's taken you know about you know 20 2017 about to over 2 years to get to that that level and then we just add more patents to support that one and then we have to go different jurisdictions with the different patents so it's a continuous thing but there's more coming out and yeah it's very important to us because you're keeping the value of the technology and you're protecting the value of the technology if someone tries to copy oh you know we've got the patents that protected and it helps the company and protects you know the value that we brought in and so that client the customers in the market and that's what I want to be honest I wanted to check to make sure that you had globally protected this not just in one region and also gives people who are you know supporters of you you typically token that assurance they you literally are protecting the very meat of your whole ecosystem and that is that that code that depth of code behind the three lines that makes the ease of access through the key in over ledger now revenue this really quickly you've got money in the bank 572 stroking but you have money you're making money right now to continue this to really build out this is that right yeah of course you know we are paying customers the real answer is when you start a company you're not expected to turn a profit in the first three years maybe five years and so you know people that's the model across all technology or all startups it's not just that much anything but yeah we've managed to win clients and you know we are ahead of that which is great so you in a you mean the black now are you well and truly making a profit yeah I mean I cousin we're not a publicly listed company to disclose our cropland loss and one over every corner to the market but yes yeah we're we're we're a company that's operating and we've got a nice nu roadmap ahead of us and you know we're going right now Gilliam that context is there a plan to become more publicly listed as an entity like you know what I mean is there a plan to be some sort of security system and I also wanted to ask you a tough one are you ever planning on doing an exit from this company you know sell it off at some point um yeah I mean I know I'm not planning to exit we're here we're here for the long run we see the potential our customers see the potential we have a lot of investors talking to us who see the potential of what we're doing I mean we have the guys from you know the managing director Rockefeller on our board and there's other people at that level are going to join as well and so we're taking this you know in as a long-term thing and we're taking this global thing as well so yeah we're we're I mean exits know we've had queries about that from a few and in the last year and we've said they're not interested okay so you're not selling you give the long-term what about listing in those mainstream sort of securitized you know Wall Street type models are you thinking in that direction at some point when you can present your value not just as a utility but have something underlying that way people can regard that as a security yeah so that's very different a stock and a share is very different to a utility in a security token and that sort of things so I can't comment we don't we don't know what the future holds you know we've got out our advisors in our board behind us helping with business strategy and we'll see where it goes absolutely well Gil I can tell you it was a really fascinating interview for me personally to be able to listen to the development that you've made with regard to over led with regard to the key that toke and unlocking a multitude of blockchains through the multi chain system breaking down the borders getting rid of all these silos that we've seen even in this technological innovation of flood of opportunity they still been that problem that you foresaw and that is that block chains didn't talk to each other you're making them talk you're making them talk at a speed that it's really scalable right now for business and enterprise and you're already doing it mate can you give us a final statement anything at all you want to cover anything I haven't covered yeah with regard to you know the community with regard to your team anything at all so so yeah I mean I just want to close with a big thank you to you for personally brand you've been right there the beginning you you really picked up on what we're doing and you got it and you've been a very helpful supporter and you've done an amazing job thank I did nothing honestly like it wasn't on it to be able to do it and this is just a staff you killed so thank you very much appreciate all your effort really thank you for that and I know community we've got a just a wonderful community we're surprised you know the community admins they're all volunteers they're doing this on their own time they're helping newcomers on the and what we're doing everything's really you know professional all the stuff that you know comes in gets dealt with really quickly so I really want to thank the admins like Luke there's the sonic there's i–there's who else they do deny goes they really do and make sure I put them in the description below and Gil you could help me out after being with you and all that I mean but they really do deserve that massive plug I know them personally and also just unity I'd like to say to anyone who DM me and said any questions that they want to put forward I did literally write them out I want to thank you all so as part of the crypto community for your import because you clearly care about and making sure you have a voice and I try to give that to you today and thank you Gil also you know for acknowledging the community because without them you literally have nothing yeah absolutely and I just want to get the names right sorry I just I just really like love what the guys do you know that we won't even got a group by Laura robot which is you know it kicks some bands and there's all the sort of stuff so yes you know all the guys in the community and the different options of the community I've seen as a German one being stood up as a Spanish one you know just thank you guys like we really love your effort and your support you know you're really doing great things you're teaching people and yeah thank you so much for the support we love it well mine I wish you all the very best you're the CEO of a legit tech you know a legit team and I can really say that confidently now that I've spoken to so many times it's clear that you are here the long turn to build something that is so far beyond the crypto casino and something that really brings blockchain to life and not just a blockchain literally a multi-chain optionality is your core your tech is fundamental to really changing the game when it comes to security when it comes to enterprise when it comes to access to what this DLT technology can actually do to save money for businesses today and tomorrow so Gil keep going mate don't give up get get that team really cranking for the next you know iterations for the rest of the year and most importantly for those who have been following along also thank you to you because you had like that there was something there certainly is showing gillies telling you right now there is something to this that there could really build it to the future and this is just the beginning this is innings one of many so Gil thanks again mate and hope you can catch up in you know say six months time you've got even more to tell us yeah I love to a little appreciated thanks thanks for having us again really you're welcome

48 thoughts on “Quant Network | Blockchain Interoperability | Next Gen. OS | Overledger | BlockchainBrad

  1. This was 1000% Free and I need to apologise about the sound straight away, not sure what happened there, but I need to get a better audio system clearly, sorry about that. I do believe in this company sincerely, not financial advice of course. I just hope this helps with a bit more education and information about this project. Thanks and please don't hesitate to Subscribe, like, or, even better, writing a comment, as I read them all. Thanks and have an awesome day. p.s I was so nervous to do this interview I forget to make it dual screen, so this is why it's like this. Anyway, hope it is useful or insightful in even a small way. Cheers, Brad.

  2. Congrats to Quant and glad to see interoperability is being established between blockchains.

    However, if this partnership has not been covered by an NDA I am pretty sure it will not have any real commercial sensitivity and therefore I wonder what use SIA plans to make out of it. I would be interested in knowing how the QNT token will be used at all.

  3. ( XRP ) the standard, Is The Best SupraNational Asset Ever Created! Just Ask Christine Lagarde From The IMF

  4. Why have you not filed your accounts in the UK, they are late. Also your last balance sheet says Quant Network Ltd is worth £100? All very odd…


  5. HI Brad! I think u should have a look on Lition (LIT). Huge team (really HUGE), huge partnership (SAP, a German multinational software with more than 96k employees), connection with the German government and 8 Mill MC…

  6. This is the biggest thing in crypto development since Ethereum thing started …. its going to end up being a lot bigger than ethereum. This is going to be 2nd market cap, up there only behind bitcoin.

  7. Closed source code is a red flag….if code is not open then its not a crypto and now you are back to trusting Quant and not an open blockchain. In blockchain we trust!!!! Because Quant is closed sourced then it is more susceptible to bugs and hacks. Over the past 2 years several critical vulnerabilities have been found in BTC (Inflation bug) ETH and XMR. Im sure the programming community around these blockchains is far superior to Quant yet bugs were found. When someone is able to exploit a vulnerability Quant ( being closed source this is inevitable) then they and the banks they partner with will see the value in open sourced code. Positive move in the crypto space, but people have not learned that in order to have secure chain it MUST be open sourced…hackers will fix this by scamming and stealing…..and when they do we should thank them for teaching the world a valuable lesson about open sourced code.

  8. Thanks Brad for this interview, great work! The potential of QNT is enormous, just mind-blowing! Glad I found this GEM last year I did my research and went straight ALL IN. Sometimes you have to take risks! In this case, it was the best decision of my life! QUANT IS KING!

  9. Excellent work Gill, you have really pathed the way mate. Brad, awesome work as also mate. Ripple will die within 2 years because of this.

  10. Awesome interview Brad you are the man to follow in crypto and QNT is the project in crypto to invest..

  11. Thank you so much Brad for this interview, you did an excellent job! Packed with great questions and info. I (and so many others from the community) appreciate it greatly!

  12. Interesting interview however just like for Ripple the question I ask myself is the following: if they are an "Enterprise blockchain solution" why the heck are they selling to retail? Why do they need us? Shouldn't they be selling to the same institutions that will be interested and directly benefiting from using this tech instead of speculators? I think at this stage of the game it is clear that tokens as a business model is a dead end. Just my humble opinion.

  13. Thank you for this, Brad. Fantastic job. New subscriber since a few weeks ago. very happy to be on board!

  14. 100 mil marketcap. Ripple sized reach, connections and potential? The FOMO is real if you haven't joined already.

  15. The price is exploding right now. People are waking up to Quant, thanks in part to information like in this video.

  16. Thanks Brad, have been waiting for this one! Great interview again 👍🏼 look forward to the next instalment

  17. Awesome interview Brad @quant_network has truly outdone and over delivered

    *Partnership https://t.co/7vgMHXlKkq
    *Partnership SIA #570banks
    *Boardmember Rockefeller QNT
    *Legit and regulated
    *4k wallet holders only
    *USA Office opening
    *Reports @blockfyre

    Just a billion mcap can put the price to $100 which is peanuts for 570 banks

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