Quants CBDC infrastructure now open for enterprise adoption

By Lola Coin Jun 27, 202367Views

Quant has made its technology, used in the Bank of England’s CBDC project, available to businesses. The company has released its Overledger Platform, which addresses blockchain interoperability challenges between central bank and institutional ledgers. This technology allows for ledger interoperability and a secure way to bridge assets between public or private blockchains. Quant partnered with digital transformation company UST on the project, and UST’s global head of blockchain, Daniel Field, stated that the release of a native SaaS version is timely and will be welcomed by the market. With the increasing interest from institutions in tokenized money and assets, Field believes that the technology is well positioned to meet a rapidly approaching tipping point.

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