Gilbert Verdian tells Oracle’s Whitney Durmick, “we’re making the benefits of blockchain accessible to everyone.”
22 February 2022
Our CEO Gilbert Verdian is featured in this week’s episode of Oracle For Startups, a showcase for founders and innovators.
Explaining the origins of Quant and why he helped create the ISO standard for blockchain, Gilbert says “people were building the technology in isolation and that isn’t the way to do it for mainstream adoption. So, I started to look at how to interconnect all these siloed blockchains.”
Gilbert goes on to discuss our work with LACChain and the Inter-American Development Bank on the creation of a Latin American Dollar and how consumers worldwide will ultimately benefit from blockchain: the ability to roam with one’s money across borders and to “programme” how it is used.
Finally, Gilbert describes the close partnership Quant enjoys with Oracle: how we graduated from the company’s startup programme and the impact of having Overledger – the world’s first blockchain-agnostic API gateway – certified by Oracle for use with Oracle Blockchain.
The future of blockchain, Gilbert concludes, is “integrated and ubiquitous.”
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
