LONDON, June 28 (Bernama-BUSINESS WIRE) — Quant, the blockchain for finance pioneer, today unveiled Overledger Platform: the infrastructure used in Project Rosalind – the Bank of England and Bank for International Settlements’ retail CBDC project – available to all via software-as-a-service. Overledger Platform makes the same enterprise-grade technology, the same interoperability core, the same secure smart contracts and the same issuance, secure bridging and atomic settlement functionality that have underpinned Quant’s projects with institutional and central bank customers to-date, accessible to large enterprises, SMEs and developers for the first time.
Overledger Platform establishes a new benchmark for enterprise blockchain, universal interoperability and ease of use. It’s a low code SaaS that allows customers to issue digital money and interoperable assets with just a few clicks, move them from one blockchain network to another, write new apps that will run on any network, create secure smart contracts that will execute on any blockchain, and use simple APIs to integrate with their existing systems. With Overledger, this can take a developer minutes, rather than being a months-long project that can only be delivered by specialised blockchain experts.