Quant Network has Been Accepted into the Oracle Global Startup Ecosystem | 13 Feb 2019 | London


Quant Network’s vision for Overledger, is to provide customers choice with ease of implementing any blockchain technology.

We are happy to announce that we have been accepted into the Oracle Global Start-up Ecosystem – a move that will enable us to benefit from Oracle’s global customers, and product and market expertise.

The program serves startups at scale by building a thriving global startup community based on mutually beneficial partnerships that enable next-generation growth, business development, and drive cloud-based innovation for startups, customers, and Oracle.  

Some of the benefits of Quant Network’s involvement in this ecosystem include access to engagement with Oracle’s 430,000+ customers; access to Oracle’s product and development teams; world-class global mentoring program and curriculum; and proof of concept (POC) development.

Quant Network’s vision for Overledger, is to provide customers choice with ease of implementing any blockchain technology.

Quant Network CEO Gilbert Verdian stated, “We are pleased to be included in this program, which puts us another step closer to achieving our vision. Moreover, this program provides us with the invaluable opportunity to engage with Oracle’s product development teams and 430,000+ customers who through this mutually beneficial partnership can now benefit from the use of Overledger.”


Overledger 2.x

Overledger 1.x


OAuth 2.0 standard (allowing SSO)

Proprietary (BPI Keys)


In API, seamless updates

In SDK, re-download for updates


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


Optimised to scale fast – 23 Microservices

Hardened proof of concept
– 9 Microservices

Transaction Routing Algorithm

6 factor, game theory optimised

Experimental P2P emergent


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

2021 Achievements

50% Quant team has grown by over 50% and will continue to do so 

OVL1.0 to 2.0 Release schedule accelerated, moved to much more frequent automated updates
– Previously, last major update was seven months, then in early 2021 moved to three months (Jan and March)
and then to monthly (April and May). We’re now moving to fortnightly releases. 

2.5X Overledger is now 2.5x bigger (April)  

2.0 Re-engineered the entire 2.0 architecture

Open API 3.0 for easy integration into developer workflows

OAuth 2.0 for single sign on for enterprise customers    

Cloud Native Scalable and resilient already, now deployable automatically 

Native Transactions 

OVL 2.0 Developer portal 2.0