San ⭕ Profile picture
May 5 13 tweets 8 min read
A thread 🧵 on the role of $QNT into connecting quadrillions of legacy payments to DLT based infrastructures🔗💵💶💷💴

👇🏼

1/12
One of the most overlooked feature of Overledger is the capability of INTEGRATING with existing legacy systems (ingrediënt 1📸)

A very important feauture since most of the worlds value is still ‘locked’ in it🔐

Some Defi en Tradfi numbers✖️:

2/12
TvL crypto (05 may 2022): 204 billion💲(source: DefiLlama)

The assets of financial institutions worldwide amounts to approx 1,54 quadrillion💲(source: McKinsey)

The global🌎 amount of financial transactions is a multitude of that (quadrillions a year changes accounts💰)

3/12
These transactions are currently locked for 99% in our current existing legacy systems💾

Two of the biggest legacy payment ‘methods’ are SWIFT and RTGS (Real- Time Gross Settlement)

What exactly is te difference?🤔

4/12
To say it it simple:

1. SWIFT is used by banks for sending funds to other banks internationally (🏴󠁧󠁢󠁥󠁮󠁧󠁿->🇺🇸)

2. RTGS is used for transfer of funds WITHIN a country (🏴󠁧󠁢󠁥󠁮󠁧󠁿->🏴󠁧󠁢󠁥󠁮󠁧󠁿)

5/12
These RTGS systems are NOT being replaced by DLT tech (100s of million have been spend) but are being made blockchain compatible⌛️

$QNT is the ONLY crypto meeting the demands of Central Banks 🏦 of connecting these RTGS quadrillions from legacy systems to the blockchain.

6/12
So when $QNT says they make CBDCs interopable this means:

1. CBDC <> RTGS
2. CBDC <> CBDC on different dlt, regions.

Both are on its own trillion dollar usecases per Central Bank🏦

Now the juice. Which RTGS are linked to $QNT and how much do they settle🤑👇🏻?

7/12
Bank of Engeland RTGS 🏴󠁧󠁢󠁥󠁮󠁧󠁿

Hometown of CEO Gilbert Verdian, who was the BoE previous Chief Security Officer (CSO)🧑‍🏫

✅BoE settles approx 334$ trillion❗️in RTGS a year. Just 1 CB🤔

📸1 -> I wonder who offers a battletested API platform made for exact this usecase😉

8/12
The Swiss National Bank🇨🇭

“By 2018, 325 financial institutions participated in the SIC (RTGS). The system processes an average of 2.4 million tx every day💶"

Yearly volume:€62,78 trillion🔥

SDX is upgrading the swiss RTGS system (Helvetia). Learn more in tweet by Seq👇🏻

9/12
SIA is one of of a handfull companies which designs, develops and manages RTGS infrastructure for central banks (some examples attached 🇨🇦🇩🇰🇸🇪🇮🇸🇳🇿👇🏻)

$QNT is SIA’s only partner capable of interoperating RTGS to blockchain😉

10/12
For those new📰:

$QNT is integrated into SIA: 580 banks (biggest crypto integration to date)🔥

1st of 12 dapps is called SPUNTA.

These dapps are unrelated to SIA’s RTGS implementations.

SIA and NEXI recently merged and overtook SWIFT as the biggest payment group in🇪🇺

11/12
TLDR:

- $QNT is the ONLY crypto interoperating CBDC, stablecoins etc to RTGS (quadrillions)💰

- SIA (bigger than SWIFT in 🇪🇺) upgrades these and partnered with $QNT for DLT compatibility

- There are many more legacy systems in ANY branche that need DLT compatibility🔥

END
If you liked it, please retweet it 💪🏻
Much appreciated!

#Interoperability #dltapigateway #RTGS #SWIFT #quadrillion #quantnetwork

$BTC $XRP $DOT $WTK $LUNA $XLM, $XDC, $QNT, $ALGO, $HBAR, $GALA, $AVAX, $SOL, $ATOM, $MATIC, $LINK, $CELO, $DAG $STG $FWT $APE $BNB $ADA $NEAR $LTC

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More from @SanNL11

Mar 2
Sooooo Hyperledger is promoting $QNTs Overledger AGAIN🔥

Trillion dollar 💵 usecases are being build on Hyperledger by Fortune500 (see previous tweet👇), Governments (like EBSI, 29 countries 🇪🇺) and FI.

But why $QNT?

1/2 🧵
Thats because Overledger is still the only true interoperability solution (in crypto) capable of even connecting private chains✅

Its the toughest form of interoperability (MIT) cause of the data that is firewalled🔐

Thats why big boys use $QNT and not $DOT, $ATOM etc🙇🏻‍♂️

(2/2)
3/2

Awesome chart: landscape.hyperledger.org
Read 4 tweets
Jan 18
Small thread 🧵 on the possible role of $QNT in MOBI (DICK)🐳

👇
1/9
So what is MOBI?

Mobility Open Blockchain Initiative (MOBI) is a global consortium of industry leading automakers, technology based startups, and other mobility players.

- 20 financial insitutions💰
- 140 corporates✅👀

2/9
What does Quant has to do with MOBI❓

Quant joined MOBI in 2018:
Gilbert Verdian (QNT CEO)🗣️back then:

"Our Overledger operating system will enable interconnectivity and interoperability of data between manufacturers, devices, transportation and autonomous vehicles.”

3/9
Read 9 tweets
Jan 4
$QNT, the only project in the world 🌎 to have solved all 5 ingredients of interoperability.

A mini 🧵👇on the different ingredients.
1. INTEGRATE with existing business systems — Businesses aren’t going to replace their existing applications for new blockchain ones, they need to integrate with their existing systems.
2. INITIATE Payments on existing rails or blockchain rails — Needs to be able to make a payment / settlement using a wide variety of existing payment rails (off chain) as well as blockchain rails, ensuring delivery vs payment can be achieved with certainty that they have happened
Read 8 tweets
Aug 8, 2021
@DrakeLinked @linkchainlink Read up mate. Quant connects the hyperledger / corda is this world.
1 dapp by 1 client = bigger than whole usage today of link. See tweet.

There is a lot live. They hiring 60 peoole this year. They had 300 organizations building in 2019.

Read 8 tweets

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