Thread by @CryptoSeq

1/Visa sees the value of being a Network of Networks, capturing value from all connected networks

@quant_network enables Enterprises to create their own Network of Networks that can interoperate with any blockchain and existing network at scale and in a compliant manner🧵👇 $QNT

https://twitter.com/cuysheffield/status/1308834969297485825

2/ Overledger Network for Enterprise enables businesses, Financial Institutions to run their own secure gateways and form a layer 2 scalable network that can connect to any blockchain or existing network. ZKP can be used for privacy and additional compliance layers built on top.

3/ 1st Party oracle functionality is possible with data being signed at source for security, enabling data providers to add value to the network and be rewarded with aggregation across gateways being possible off-chain rather than most of the value going to miners instead.

4/ Multi-Chain DAPPs can be deployed combing multiple blockchains and existing networks for additional value add to clients as well as the option for a thriving marketplace for 3rd parties, creating positive feedback loops.

5/ Each gateway advertises which resources they have connected to the network and can choose to apply access control lists if required.

The network intelligently routes requests for a resource to the appropriate gateways to action with access to those networks

6/ Multiple gateways can be queried if required and their results compared to provide complete end-to-end trust from application to blockchain.

The Internet is a network of networks, made up of many different AS which connect to each other through gateways (BGP Routers)

7/ Similarly Overledger gateways will be able to peer with each within a network as well as across other Network of Networks created by Enterprises as well as Community hosted gateways accessing public blockchains if required.

8/ Quant are collaborating with MIT, US Government, Intel, Juniper Networks, Payment companies and Telecommunication companies to create Open Digital Asset Protocol, an open blockchain agnostic protocol enabling this gateway to gateway communication

https://twitter.com/CryptoSeq/status/1320676988080803840

9/ The connectors to blockchain and existing networks are open source and based on the work at ISO TC 307 which Gilbert founded and 57 countries working towards.

Overledger Network for Enterprise Whitepaper:
quant.network/wp-content/upl…

10/ Whereas BGP has many security vulnerabilities, this protocol has the highest levels of security designed from the start, incorporating a decentralised trusted computer base model where gateways will employ hardening technologies and tamper-resistant crypto-processors..

11/ such as Trusted Platform Modules and Software Guarded Extensions (such as Intel's SGX) and requirement of TLS 1.2 or higher whilst supporting numerous credential schemes (such as OAuth2.0, SAML), encrypted payloads and access control to resources through client identification

12/ It has also been designed to meet strict regulatory requirements for Financial institutions to meet AML / KYC / FATF Travel rule requirements and other security requirements required for banks and governments.

medium.com/@CryptoSeq/the…

13/ This enables the connection of the Internet directly to blockchain, providing the foundation for the Internet of Trust, using a secure decentralised trustless protocol to connect all DLT's and existing networks together, to enable Blockchain to achieve its true potential.

14/ Interoperability is key connecting permissionless blockchains, enterprise blockchains, being able to seamlessly connect to existing networks / infrastructure, cryptocurrencies, CBDCs, stablecoins and tokenisation of everything.

https://twitter.com/CryptoSeq/status/1335587657259290624

15/ Quant are working with a number of Financial Institutions, Central Banks to enable mass adoption of blockchain at scale.

https://twitter.com/CryptoSeq/status/1318653571110404097?s=20