#Quant_Network core team members have previous working experience at #Vocalink (Mastercard company):
✅ $QNT CEO Gilbert Verdian was Chief Information Security Officer (CISO)
✅ $QNT Chief Product Officer Martin Hargreaves held mutiple top positions (see last pic below)
However, Gilbert Verdian and Martin Hargreaves are not the only team members with working experience in both $QNT and #Vocalink/Mastercard.
There was also Mark Aldersey, Head of Product in #Quant_Network from Nov 2018-March 2020 and Colin Paterson, former $QNT CTO.
$QNT CEO Gilbert Verdian not only worked as a Chief Information Security Officer at @Vocalink, but he also won “CISO of the Year” award in 2017 and was highly praised by the company.
So what is exactly #Vocalink and how big is it? Let’s talk numbers in the posts below.
@Vocalink processes over 90% of UK salaries, more than 70% of household bills and 98% of state benefits.
In 2013 the company processed over 10.5 billion UK payments with a value of over £5 trillion.
In July 2016 @Mastercard purchased a 92% stake in the company.
@Vocalink designed, built and operates the infrastructure for the Faster Payments Service.Running in parallel with Bacs and CHAPS, launched in 2008 it enables #interbank transfers in real time.Since 2008,over 3 billion Faster Payments trxs have been securely processed by VocaLink
So evidently, working as a CISO in this type of company and being responsible for security of the entire system was a massive role.
And on top of that winning the award for CISO of the year in 2017 is a true career achievement for anyone, but only a drop in the ocean for Gilbert
Gibert left his role at #Vocalink where he was responsible for the security of the UK's payment infrastructure for the Bank of England, covering BACS, FasterPayments, Link, Cheque and Credit Schemes to fully focus on his company, @quant_network. $QNT accesswire.com/498780/Gilbert…
After he left his CISO role, #Quant_Network clearly stated that they will continue collaboration with #Mastercard. $QNT
I’ve also made a very detailed thread about $QNT ‘s involvement in #CBDCs (Central Bank Digital Currencies), which is comprised of everything CEO Gilbert Verdian has said in the AMAs and #RealVision interview (thread covers everything until Nov 2020).
“Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to #transact in an entirely new form of payment.This change may open merchants up to new customers who are already flocking to #digitalassets,"Mastercard said. mobile.reuters.com/article/amp/id…
To get more info and connections, join the best community channel strictly focused on fundamental analysis, @CQuamf. $QNT
Lots of people are sleeping on one the biggest things @quant_network is currently involved in-ODAP (Open Digital Asset Protocol).
So what is exactly #ODAP and why this makes $QNT one of the most significant and, regarding #crypto mcap, undervalued projects?
Time for a THREAD⬇️
1/ODAP is the protocol for communication between gateways, primarily with an enterprise focus.
So banks, central banks etc. would run a gateway in Overledger Network and ODAP would be the protocol for gateways to communicate with each other in a secure and trustless manner. $QNT
2/ #ODAP Interfaces are the open source connectors that will connect a gateway to #blockchains and any existing network / API. That is based on the standards from work done at ISO TC 307 which 57 countries are working towards.
$QNT CEO Gilbert Verdian is the founder of TC307.