Overledger Business Paper
10 March 2018Download PDF (517kb)
London, Dec. 13 – Quant Network, an innovative technology company, today announced that it has joined INTEROPen to accelerate the development of open standards for interoperability in the UK health and social care sector.
The health and social care sector is notorious for holding vital information on different systems that cannot communicate with one another, negatively impacting patient care and user experience. As a member of INTEROpen, Quant Network will collaborate on the design and application of technical interoperability standards, covering areas such as data exchange, data validation, defining APIs and governance. Quant Network’s blockchain operating system, Overledger, has the ability to interconnect existing legacy systems to one another as well as to blockchain. The origin of the idea for Overledger stemmed from the founder’s time in Healthcare faced with solving the same challenges.
Gilbert Verdian, Founder and CEO of Quant Network, stated that “Quant Network is pleased to be collaborating with INTEROPen. With the increased stress on health services in the UK, we believe that digital transformation is needed now more than ever. Our Overledger operating system can reduce the risks and costs involved in digital transformation with minimal disruption to patients. We are also excited about the opportunities for blockchain adoption that may come from our involvement with INTEROPen.”
Lara Verdian, Head of Healthcare services for Quant Network and Health Economist additionally noted that “it is estimated by the OECD that approximately one fifth of healthcare expenditure is wasted. Digital transformation and interoperability enabled by technical standards and blockchain technology is expected to significantly reduce this wastage, and ultimately lead to better health outcomes for patients.”
Quant Network is building the Internet of Trust. Quant Network is an international technology company set to revolutionise blockchain technology with the development of their operating system Overledger. The experienced team are determined to fulfil the original vision of the internet by creating an open trusted network for people, machines, and data to operate securely and safely. Founded in 2016 by industry experts, Quant Network specialises in developing cutting-edge solutions for financial services, government, healthcare and supply-chain sectors.
INTEROPen is an OPEN collaboration of individuals, industry, standards organisations and health and care providers, who have agreed to work together to accelerate the development of open standards for interoperability in the health and social care sector. INTEROPen aims to provide a forum to collaborate on the design and application of technical interoperability standards. The areas covered by the group include data exchange, data validation, defining APIs and governance. It is an action group whereby members commit to design, validation and demonstration using real systems.
For more information contact the team: [email protected]