Join Our Mailing List
Thursday January 26, 2023
Bitcoin (BTC) $22,946.15   Ethereum (ETH) $1,588.09
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Vendor Technology

Quant Network and SIMBA Chain combine for interoperable smart contracts

New partnership between SIMBA Chain and Quant allows any individual or business interested in using any supported blockchain on the Quant Overledger to deploy their solutions in a matter of minutes...

Published by CryptoNinjas.net
12/11/2019
Quant Network and SIMBA Chain team for interoperable smart contracts

Quant Network, a blockchain interoperability solution provider, and SIMBA Chain, a smart contract platform, today announced they have agreed to combine their unique blockchain-based technologies to eliminate a key barrier to the development and deployment of multi-chain smart contracts.

By providing seamless deployment of all interoperable smart contracts based on blockchains supported by Quant Network’s blockchain operating system Overledger, the partnership removes the existing single-chain limitation and opens the door to mass adoption of blockchain solutions.

Government agencies, Fortune 500 companies, and startups are increasingly looking to blockchain as the basis for transparent, verifiable systems for establishing and enforcing contracts, transferring assets, and sharing data. However, while smart contracts based on blockchain are increasingly attractive as a way of achieving this, the complexities of smart contract code, together with the fact that many solutions require multiple blockchains, mean that deployment can be slow, difficult, and expensive.

The introduction, in 2017, of SIMBA Chain’s Smart Contract-as-a-Service (SCaaS), removed the first of these issues. Allowing users to define assets and parameters, ScaaS auto-generates the smart contract and API keys that interface to the blockchain. This not only reduces development time and cost, but enables rapid prototyping and deployment of blockchain dApps for iOS, Android, and the web in minutes rather than months. The use of multiple blockchains, however, remained an obstacle to mass adoption.

This issue was addressed by Quant Network, which is known for developing its blockchain operating system (Quant Overledger) that allows interoperability of blockchains without adding complexity or another layer. As a result, Overledger allows the connection of any legacy network, and every current and future blockchain, with no extra overhead.

The result of the combination of these technologies, through a partnership between SIMBA Chain and Quant, is to allow any individual or business interested in using any supported blockchain on the Quant Overledger to deploy their solutions in a matter of minutes. It will simplify the complexities of smart contract code through the SIMBA Chain SCaaS platform while engaging the ease of Overledger’s interoperability to enable a hyper-connected world powered by multi-chain smart contracts.

46
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

New Overledger release now supports QRC-721 NFTs on Tokenise developer API

08/05/2022
New Overledger release now supports QRC-721 NFTs on Tokenise developer API

Quant Network, the provider of enterprise-grade blockchain solutions, announced today that its blockchain gateway Overledger now provides users the ability to create native QRC-721 non-fungible tokens (NFTs) and deploy them onto the Ethereum, Polygon,...

Read more

Blockchain platform SIMBA Chain teams with Polygon to enhance Web3 biz dev

03/17/2022
Blockchain platform SIMBA Chain teams with Polygon to enhance Web3 dev

SIMBA Chain, a chain-agnostic API development platform, today has announced that it will integrate with Polygon, the popular platform for Ethereum scaling and infrastructure development, in efforts to further enhance Web3 adoption and development....

Read more

New release of Quant’s blockchain gateway introduces smart contract creation

02/07/2022
New release of Quant's blockchain gateway introduces smart contract creation

Quant, a provider of enterprise-grade interoperability for the secure exchange of information and digital assets across any network, platform, or protocol, announced newly announced a new release for its Overledger blockchain gateway, which provides...

Read more

Cloud-based blockchain platform SIMBA Chain raises $25M in Series A funding

09/01/2021
Cloud-based blockchain platform SIMBA Chain raises $25M in Series A funding

SIMBA Chain, a platform to develop and deploy decentralized applications (dApps) across many blockchains, announced today it raised $25 million in a Series A round led by Valley Capital Partners. A startup incubated at...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy