According to the CEO of Quant, #Overledger will be going live on #lacchain this year (2023) for the work in the Latin American Dollar.
$Qnt $Cheq
I have mentioned $Cheq specifically because I completely anticipate that it has the technology to function on such a layer for a framework like #lacchain, and should be an absolute goal for adoption. #DID#VC#TOIP#SSI
Just getting started, as we need to explore how massive the opportunities are for such utility like $Qnt and hopefully $Cheq oneday, as global frameworks provided for entire continents.
Participants of the #lacchain Distributed Ledger Network #DLN
There's a necessity to " leap frog " 2 decades of friction and limited #interoperability to arrive where we need to be to achieve true real time digital assets across jurisdictions.
Overledgers aim is to solve #interoperability via API gateways, also with the work alongside #MIT and many others (like #intel) to solve this via the IETF proposal- #SATP
Secure Asset Transfer Protocol.
Overledger as a SATP compliant gateway utilises $QNT for all usage.
As pictured above it shows many industries that will benefit from a hyper connected network of networks across many verticals.
Lets take one of these and pretend Blockchain Platform ABC123 is utilising Overledger for their offering.
If you're not balls deep into holding $Qnt going into 2023, where #LACChain will be going live with quants Latin American Dollar, aka #MLT, Multi Ledger Tokens - tokenisation to enable roaming money
With the growing adoption, the volume of transactions is growing rapidly and a whole new data lake of information is created, Leveraging this lake of timestamped data offers great potential for technologies like DA and ML.