New release includes architectural changes for upcoming smart contract functionality
19 January 2022 - Quant’s Overledger is the world’s leading blockchain gateway providing interoperability between blockchains and a single API. Overledger 2.1.6 establishes the architecture that will be used to automatically create enterprise-grade smart contracts for payments.
There are no customer-facing changes in this release.
Coming soon
Quant’s enterprise-grade smart contracts coming in version 2.1.7 are highly secure and tested, developed by our team of PhDs and verified with our customers. They are designed for financial services applications including credit/debit payments, mint and burn capability, batched payments execution and with other controls for institutional use.
Quant’s smart contracts will be production-ready, meeting ISO/TC 307 standards for blockchain.
We focus on making blockchain technology easy to use. Overledger 2.1.7 will enable customers to create smart contracts for payments and tokenised money.
For more details, see the full release notes: Release Notes 2.1.6
Get started today: www.quant.network/developer-programme
Feature
Overledger 2.x
Overledger 1.x
Authentication
OAuth 2.0 standard (allowing SSO)
Proprietary (BPI Keys)
Functionality
In API, seamless updates
In SDK, re-download for updates
Standardisation
Full abstraction across all DLTs
Partial, DLT-specific edge cases
RCG Framework
REST / JSON APIs from OVL Core
Proprietary P2P (experimental)
Time to Deploy
32 minutes (CI / CD pipelines)
1-2 weeks
QNT Utility Token / Treasury
Optimised, audited smart contracts
Experimental smart contracts
Microservices
Optimised to scale fast – 23 Microservices
Hardened proof of concept
– 9 Microservices
Transaction Routing Algorithm
6 factor, game theory optimised
Experimental P2P emergent
Databases
Cloud native (scaling / resilience)
Standalone DB deployments
Cross-DLT Implementation
REST API calls direct to OVL, integrated smart contract back end
SDK-based Javascript
apps call smart contract functions
via OVL
