Quant Network, an innovative technology company today announced that it has joined Mobility Open Blockchain Initiative (MOBI) — a global consortium of industry leading automakers, technology based startups, and other mobility players.
As a member of MOBI, Quant Network will collaborate with industry leaders in pursuit of the creation of a minimum viable ecosystem that aims to standardize blockchain and related technologies to bring transparency and trust to the industry, consumers, and communities and reduce frictions and transaction costs in mobility. Quant Network’s blockchain operating system, Overledger, provides interoperability between blockchains and existing networks and systems, reducing barriers to adoption, facilitating innovative uses of blockchain technology with low risk to Enterprise.
“Quant Network is pleased to be collaborating with MOBI,” said Gilbert Verdian, CEO of Quant Network. “Mobility, IOT and transportation will be powered by distributed networks and are vital to the creation of future cities and communities. We are excited for the opportunity for Quant Network and MOBI to collaborate in advancing the future of mobility and the machine economy today. Our Overledger operating system will enable interconnectivity and interoperability of data between manufacturers, devices, transportation and autonomous vehicles.”
With over 100 member companies and growing, MOBI is collaborating with a wide variety of players in the mobility and blockchain space. We are working with many of the world’s largest automakers and mobility ecosystem players, along with numerous start-ups, nonprofits, governments, transit agencies, and technology companies. By working together, we can make mobility services more efficient, affordable, greener, safer and less congested.