CEO
@quant_network
. Security leader creating new technology and companies. Converging Cybersecurity & Blockchain. Ex-CISO/CIO/CTO from Gov & FS.
#BuildtheFuture
I’m incredibly proud to be able to announce that
@quant_network
has been collaborating with the
@BIS_org
- Bank for International Settlements and the
@bankofengland
on Project Rosalind – a project designing and implementing a CBDC API and platform and testing use cases for CBDCs…
Very glad to see the reference and adoption of ODAP - Open Digital Asset Protocol, our effort with MIT at the
@ietf
to standardise cross-chain and cross-network transactions and the importance of digital asset interoperability at gateways.
@cuysheffield
👏
How might central banks, businesses & consumers seamlessly exchange value across
#blockchain
networks, no matter the currency? Check out Visa’s latest thinking on the challenge of cross-chain interoperability:
It's a big day for
@quant_network
! Very proud of all the team who have worked so hard and for so long on this.
Today, we launched
#OverledgerPlatform
. It makes the same enterprise-grade technology that has underpinned our projects with institutional and central bank customers…
New release of Overledger.
Among the enhancements in 2.1.5, the latest version of Overledger, is the ability to pay licences in $QNT.
More at:
#Overledger
Our new joint white paper with MIT Connection Science on the practical challenges and solutions to implementing different types of CBDCs.
Tokenised money is interoperable between domestic and cross border payment systems.
Our money needs to roam globally the way our phones do.
Our joint white paper with
@MIT
Connection Science
Implementing a CBDC: the challenges and a solution
The needs of security, privacy, performance, openness and interoperability enable siloed payment systems to evolve to digital assets.
Download:
#CBDC
From an idea in PowerPoint in 2013 to “overlay” different blockchains to interoperate, to establishing the ISO Standard TC307 & incorporating in 2015 and to today.
Feel so proud of our company and team, doing our bit to help shape the world’s future infrastructure. Congrats! 🥂
Happy 6th Birthday from the team at Quant.
Thank you to our team, clients, partners and community for such an amazing 6 years and the journey ahead.
Here’s to many more and building the future!
Agree with this. The Internet of Value will dwarf the legacy Web. We’re trusting the cryptography, protocols and decentralised networks for the first time to create and move value. The legacy Web was designed to move Information, it was never intended to transact money or value.
We’re proud to be part of the Digital Pound Foundation.
A CBDC is an important evolution of the UK’s world leading payments infrastructure. Enabling new innovation and growth for the UK, provide access and create new forms of payments.
Find out what our CEO
@gverdian
thinks.
Limited edition
@quant_network
cards and stickers for
#Sibos
. Getting ready for an exciting week of meetings, talks and networking to help shape the future of finance!
1/ Today, I was very pleased to hear the official approval of the Secure Asset Transfer Protocol (SATP) Working Group in the
@IETF
.
This has been a tremendous effort over the last 2 years working with Thomas Hardjono from
@MIT
Connection Science, Martin Hargreaves, Wes Hardaker
Today, I am delighted to announce that
@quant_network
has been selected, alongside
@inside_r3
as a technology provider for the UK’s Regulated Liability Network led by
@UKFtweets
and supported by
@EYnews
The UK RLN is envisaged as a common ‘platform for innovation’ across…
We're delighted to be granted the first patent from our filings in 2017. The grant of Japanese patent 7273053 recognises that Quant has introduced a method to agree on a universal time zone for all blockchains, so that enterprises and smaller businesses can produce reliable,…
We have secured a new patent, part of our ongoing mission to make distributed ledger technology simple, trusted and future-proof.
#TheFoundationOfTheBlockchainEconomy
All CBDCs should be interoperable domestically which gives commercial banks choice and allows for cross border transactions. Our Multi-Ledger Token System (MLTS) removes single DLT limitations with interoperable CBDCs that run on multiple DLTs at the same time.
@quant_network
Your article is very inaccurate, contains false information and is misleading
@BhushanAkolkar
.
I suggest you read the Project Rosalind report from the BIS and the Bank of England and report the accurate facts. Ripple was not involved in any way.
For the first time, money is ready for the digital age. For commercial banks and other institutions, there is a huge opportunity to apply this programmability to create new products that enable them to differentiate themselves from their competitors.
We encourage banks and…
Less than an hour to go for the Oracle Tokenisation webinar, where we demonstrate how Overledger enables interoperability for Oracle Blockchain Platform and show how tokenised assets can be interoperable across blockchains.
Registration:
Our team are looking forward to presenting with
@Oracle
in the
@Hyperledger
webinar “Enabling Tokenization Options on Hyperledger Fabric” and how Overledger enables interoperability of tokenised assets on
@ORCLBlockchain
.
Proud to announce that
@quant_network
is a finalist in
@FinTech_Futures
' Banking Tech Awards.
Our work with the Bank of England and the BIS on
#ProjectRosalind
shaped the way banks and the financial services industry tested retail CBDCs in a real world setting with…
We're proud to be finalists in
@FinTech_Futures
's upcoming
#BankingTechAwards
.
Our
#Overledger
Platform has been shortlisted in the 'Tech of the Future – Blockchain' category.
Good luck to all the finalists!
More on the awards:
As we enter a new year, we put together our predictions for blockchain technology in 2024 at
@quant_network
.
From CBDC adoption and programmable payments to the standardisation of blockchain, we predict that this coming year is set to welcome widespread institutional adoption…
Enterprises that want to transact on public blockchains are limited when dealing with crypto for gas and transaction fees. They face security threats, friction and risk of asset losses when relying on signing and storing with MetaMask on an employee’s machine.
We’ve removed the…
Another milestone towards making blockchain simple, trusted and future-proof: our platform now allows you to circumvent the need for cryptocurrency during the token deployment stage.
#Overledger
#TheFoundationOfTheBlockchainEconomy
The malicious domain quant-network[.]org is mimicking the official site .
Purpose is to trick users to login with their wallet credentials to steal assets.
This has been reported and will be offline shortly.
Be careful with your wallet!
@quant_network
This is fake.
@quant_rewards
is mimicking the site to trick users to steal assets in your wallet.
@quant_network
does not do any giveaways, rewards, airdrops or staking.
We are proud to introduce the Quant Pass - your gateway to Quant's upcoming projects and exclusive on-chain rewards.
Want to be among the first to explore the future of web3? Your time is now.
Check Eligibility and claim your exclusive Quant Pass today at…
We've recently announced Quant Protect, our cybersecurity services for enterprises transforming their business models, applications and workflows to digital assets and blockchain.
With any nascent technology, the technical and security challenges for enterprises to adopt new…
We launched a new service today for financial institutions, payment firms and other enterprises struggling to protect their smart contracts and decentralised applications from vulnerabilities.
#SmartContracts
#TheFoundationOfTheBlockchainEconomy
.
@BankofAmerica
Report:
“Digital Asset Primer in Brief: Only the first inning”
- CBDCs - when, not if
- Regulation is here
- Corporations aren't risking being left behind
- Interoperability is a challenge that needs a solution
#CBDC
#Overledger
#OVN
The industry needs to stop trusting insecure implementation of bridges.
Even the
@swiftcommunity
hack of 2016 only netted $81 million.
How can anyone rely on such insecure controls to hold and issue such vast amount of money.
There are better ways for serious institutions to…
🚨 BIGGEST HACK IN CRYPTO – $34,000,000,000 EXPLOITED 🚨
Update: The breakdown of assets minted by the hacker on different chains is as follows:
- 99,999,184 BNB and 10 billion BUSD issued on Metis
- 999.8127T SHIB issued on Heco
- 87,579,118 COW and 999,998,434 OOE issued on…
#ProjectRosalind
is a very complicated project. Creating the underlying infrastructure with Overledger and APIs, iterating every week with code updates and shortlisting the appropriate use cases.
All of this was accomplished for real world CBDC uses cases by banks, institutions…
Good to be back at
@EY_UKI
this morning discussing
#Fintech
. Spent many many years working at More London Place in security delivering to private sector and government clients. My first post-Covid face to face event.
Banks and financial institutions have been relying on secure key management systems for years to safeguard their data and transactions. However, with the emergence of digital assets and blockchains, these traditional systems are not longer compatible or are adequate in ensuring…
Most banks' key management systems are unsuitable for
#blockchain
.
Overledger Authorise addresses this issue. It integrates with existing enterprise key management systems and seamlessly manages the signing of blockchain transactions and key generation.
Today
@isostandards
published one of the first
#TC307
standards on Guidelines for Governance for Blockchain and Distributed Ledger Technologies: ISO/TS 23635:2022.
Well done WG 5, Roman Beck & experts for the achievement!
#BlockchainISOStandard
Banks. They like to work with people and companies who come from
Banking and have been in their shoes, understanding their industry and their challenges.
Every large corporate works with hundreds of different technologies and vendors. You spend your budget on what solves your…
@MementoQuamfy
1/Well summarised. The idea and inception was in 1997. Stemmed from security, had a concern with the fundamental insecure architecture of the Internet. There was a better way to create a secure internet. Had to wait patiently for 20 yrs in my Security career for Satoshi in 2008.
@elonmusk
Elon, we’re 20+ years security veterans and built an OS called Overledger that connects 7 blockchains with just 3 lines of code. Benefit from all DLTs inc Ethereum. Teslas can also talk to any other car or device on diff blockchains and legacy. . Let’s chat
Shows how immature some people are, claiming this is paid advertising without understanding PR and how journalistism works. This is how media outlets publish company press releases which then gets syndicated to other outlets.
Comments open for the lols
UK Cyber Strategy 2022 released
@NCSC
@cabinetofficeuk
1: Strengthening the Cyber ecosystem
2: Resilient and prosperous digital UK
3: Tech lead vital to cyber power
4: Advancing UK global leadership
5: Detecting, disrupting & deterring adversaries
PDF:
@quant_network
@FT
@bob_wigley
@UKFtweets
The crypto market by the end of 2022 was less than 0.5% of financial markets.
In 2022 the total regulated capital markets of debt and equity was $233 Trillion. Crypto was only $798 Billion.
The tokenisation of regulated markets is $24 trillion by 2027…
UK's
@hmtreasury
plan to become a global hub for Cryptoassets.
The UK was the first country to officially assess the Satoshi paper. In early 2009 I had the policy team review and assess the impact of crypto assets when I was at HM Treasury.
1/
Great to see my ex-colleagues at
@hmtreasury
support Fintech and financials services. A critical sector to drive innovation and growth for the UK.
@RishiSunak
The UK’s world-leading fintech and financial services industry is vital for our future economy.
That’s why we set out plans earlier this year to support the sector – including Future Fund: Breakthrough, the scale up visa and the Centre for Finance, Innovation and Technology.
Read about the BIS in the newly published annual report which also details
#ProjectRosalind
, our work with the Bank of England and industry participants on retail
#CBDCs
.
Our headquarters is in Basel, Switzerland, with Representative Offices and dealing rooms in Hong Kong SAR and Mexico City, and BIS Innovation Hub Centres around the world
People have been talking about
#AI
a lot recently.
One of the barriers to trusted AI is the ability to trust and share learnings securely and confidentially without the need to copy mass amounts of data into a single data store.
Blockchain can be used as a layer of trust to…
On Overledger Platform, Secure Bridge Flow is available in an easy-to-use interface to create and issue interoperable assets, such as smart tokens and bridges.
Secure bridges, the connection and interoperability between two networks can be created in minutes with little user…
Finance is being transformed by
#tokenisation
but one of the challenges is interoperability.
Download our new paper to learn about the importance of asset portability, and how enterprises can achieve it in a simple, trusted, future-proof way.
Just returned from Boston, speaking at
@MIT
Connection Science conference on the future of financial infrastructure, the internet & Web 3 and CBDCs. Great to meet visionaries and futurists in person and participate in a great day of discussions and panels.
Thank you…
Good progress for mainstream use from
@Visa
. Our enterprise and subscription customers on
#OverledgerPlatform
can use blockchains without gas or metamask.
Instead of having to hold crypto currency to pay for gas fees, Overledger users can pay with platform credits which are part…
This type of Ethereum development from payments giant Visa is pretty damn cool
Visa unveils experimental solution to abstract away gas fees
(via
@vishal4c
)
Great the see the industry finally maturing to recognise the need for
#interoperability
in 2023. Why should we limit commerce by creating silos, walled gardens and single chain assets that can only transact with participants on the one network.
We saw the risk and insecurity of…
Enjoyed presenting in today's World Intellectual Property Organization –
@WIPO
Seminar "Blockchain Whitepaper for IP Ecosystems"
Having Standards such as ISO/TC307 covering Governance and Interoperability help shape and foster the transformational change of blockchain.
Security is very important to us at
@quant_network
, by working together we can help secure the blockchain ecosystem.
Read more about how our R&D Team identified a security signing bug in
@Polkadot
(polkadot.js), helped to patch it by upgrading their libraries to be secp256k1…
Good morning ☀️ and welcome to another week of improving
#blockchain
for everyone.
Get ready for a tech talk with our Head of Innovation on transaction signing. ✍️
Here goes the thread. 🧵
For second thought
@Apple
was issuing the Apple Dollar.
Wouldn't be surprised if bigtech enter the banking market this way. Tokenised commercial money, native to their platform wallets (iOS/Andriod) and enabled for billions of their customers to transact…
Good progress. There’s still a long way to go to enable the remaining 27 million software developers to code on blockchains.
We’ve made it easy to use your existing developer skills and language to upskill, code on any blockchain with Overledger and get certified with…
For the first time we can build logic into money and move away from a binary-only transaction. Industry will automate very complex counterparty flows and simplify compliance.
A blockchain based payment system that supports CBDCs and commercial stablecoins makes it possible.
My interview with
@YahooFinance
talking about how the UK's digital pound is an opportunity to create "a new form of currency that is preferred for global digital transactions"
#CBDC
We have spent years developing AI to then use it to serve us with more targeted ads. We then started to use it to draw pictures and now to chat. We really must do better.
We have an opportunity to automate complex and time-consuming human workflows & tasks to allow us to produce…
Delighted to share Overledger is available on
@OracleCloud
and to Oracle customers, enabling
#interoperability
and access to Distributed Ledger Networks with mDApps.
Quant's Overledger is now available on
@OracleCloud
Marketplace. Overledger provides a single API to enable
#Interoperability
, extending the power of Oracle Cloud & Oracle Blockchain Platform, accessing new markets & DLNs with Multi-DLT applications.
As an industry, we've been fighting an ever-changing battle against fraud for decades focusing on mitigation after fraud has occurred.
With CBDCs, we can prevent fraud from occurring with built-in controls that are part of the payment flow before the transaction is even executed
Some
@quant_network
news:
#Overledger
is the world’s first
#blockchain
-agnostic API gateway. In version 2.2.1, released today, we have added support for
#Polygon
, an
#Ethereum
-compatible network, providing faster transactions and lower costs for users.
Today is the final day of
@isostandards
#TC307
plenary in Montreal 🇨🇦
A lot of good progress and work from national bodies and experts on blockchain and DLT, including WG7 - Interoperability.
Look forward to the continued work and upcoming plenaries in 2024.…
@ace_paint1
Thank you for the insightful comment ace. When someone tries to create misinformation against your company, you face it and fix it.
CT fud is just fud. Drink it every day.
@X__Anderson
Of course! We’ve taken all the limitations, insecurity and short comings of DLTs and blockchains and made them enterprise-grade for institutions including central banks to securely integrate, issue and settle across blockchains.
Published a new paper - Cybersecurity and risk considerations for CBDCs with the
@digitalpoundfdn
. Covering what policy makers, central banks and market participants should consider for their CBDC implementations.
Founder and CEO of Quant, Gilbert Verdian, has contributed a new article on behalf of the Digital Pound Foundation, entitled 'Cybersecurity and risk considerations for CBDCs'.
Read it here 👉
...
#CBDC
#Cybersecurity
#Quant
@quant_network
@gverdian
We're pleased to be working with MIT to host a number of Industry Days to discuss the impact of Digital Assets and the need for an interoperability protocol to prepare financial institutions and clients for a system that encompasses digital assets with traditional finance.
Quant and
@MIT
are hosting an Industry Day for Financial Services on:
Interoperability of Digital Assets and Cross-Border Transfers.
Open to Central Banks, Banks, FS, FMIs, FIs & Fintech.
Register:
18th Feb 2021
19th Feb 2021
@CryptoEugene101
@PrecisionTrade3
@quant_network
It started back in 2013, to make blockchains compatible with ISO20022, to interoperate with existing financial systems, which led to establishing ISO TC307 in 2015.
To mark the launch of the
@G7
's new report on Central Bank Digital Currencies, the Chancellor
@RishiSunak
explains what CBDCs are and how they could benefit businesses and consumers.
If you’re attending
#EBADay
in Madrid and are interested in CBDCs and tokenised money.
Feel free to stop by stand 33 and learn more about our work with the Bank of England and the BIS on
#ProjectRosalind
.
We look forward to demoing how easily you can issue an interoperable CBDC…
Today we're unveiled the Preview Release of Overledger 2.0 a completely new architecture, OAuth federation, Standardisation and providing a "One API" for DLT and non-DLT interoperability. Great effort by the whole team! 👏
#ConnectedNetworks
Announcing Overledger 2.0 Preview Release
Built on our new architecture, the base for an exciting roadmap of new features and preparing for Overledger Network to bridge the global ecosystems of DLTs and APIs with Standards.
Visit:
#Overledger
#API
#DLT
Looking forward to attending
#EBADay
in Madrid next week.
I'm speaking about "CBDCs - What is the outlook for CBDCs in Europe?" with fellow panel members Daniel Mclean from
@ecb
, Alessandro Agnoletti from
@nexigroup
, Manuel Klein from
@DeutscheBank
, Emma Landriault from…
We’re empowering developers to use their existing programming language to become certified blockchain experts from King's College London
Unlock single-DLT DApps and learn how to upgrade to interoperable multi-DLT mDApps
Register today!
There are 27 million developers in the world. But less than 1% of them understand the complexities of
#blockchain
so can’t build for a market which will soon be worth $40bn.
That’s one of the problems we're solving.
#TheFutureOfFinanceToday
Learn more:
We're building the future of finance, today. Join at an exciting time of growth, working on amazing technology and projects to make blockchain mainstream.
#blockchain
#DLT
#jobs
#Interoperability
Delighted to announce our partnership with
@USTglobal
, a global leader in digital transformation.
Together, we are empowering financial institutions, banks and capital markets participants to evolve to
#DigitalAssets
by easily integrating
#DLT
into financial services use cases.
My take on the convergence of
#AI
and
#Blockchain
from 2017.
AI needs access to a lot of data for training and learning. We can enhance trust and access to data through blockchain overlays, allowing us to securely authenticate and authorise data wherever it is stored.
By…
Great effort from the
@ethereum
team and community to move to PoS. It’s a positive step forward for blockchain and an evolution of the technology for wider adoption.
Our CEO
@gverdian
will be participating in today’s
@UN
and
@iccwbo
Workshop on the Digitisation of Trade Finance.
It’s a privilege to be involved in this Advisory Group that will help shape cross border transactions and simplify international trade flows.
#Tradefinance
#dlt
The Digital Renmibi doesn't have technical or tangible benefits as a CBDC design, by not differentiating against electronic money it has resulted in a lack of adoption.
“The e-CNY faces significant headwinds from existing large payment channels embedded…
We’re empowering developers to use their existing programming language to become certified blockchain experts from King's College London
Unlock single-DLT DApps and learn how to upgrade to interoperable multi-DLT mDApps
Register today!
There are 27 million developers in the world. Less than 1% of them understand the complexities of
#blockchain
so can’t build for a market which will soon be worth $40bn.
That’s one of the problems we're solving.
#TheFutureOfFinanceToday
Learn more:
Looking forward to a full week of the
#IETF111
Plenary to attend meetings covering core Internet technologies, protocols, security and engineering.
@ietf
It’s official:
International patent application number PCT/EP2018/082832 is published. We spent all of 2017 with
@PaoloTasca
and
@uclcbt
to get to this milestone. Big thank you!! 🙏
#Overledger
#Blockchain
@Decentrali5ed
For everyone’s clarity the subscription plans and credit bundles are all in the Light, Standard and Advanced plans.
You just pay with your subscription and credit bundle in QNT or Fiat in Quant Connect and we manage the rest.
Enterprises and users no longer need to hold…
Delighted to share our new partnership with
@LACChain
, enabling an interoperable financial infrastructure for tokenised money, payments and social inclusion.
Grateful for the recognition from
@Gartner_inc
about how Overledger solves interoperability for enterprise and Defi use cases. Gartner is the authority for business decision makers to identify and assess technology solutions and vendors.
We have been recognised in the
@Gartner_inc
report
"DeFi, CeFi and How Blockchains Interoperate: Case Study in Carbon Trading" as a robust interoperability solution connecting disparate blockchains.
Overledger bridges Enterprise and DeFi/CeFi use cases.