Quant Network’s native token, QNT has recently outperformed BTC and XRP in the crypto markets. According to data from Coinlore, QNT is up by 16% in the last 24 hours and has seen a 33% increase in the past week. On the other hand, BTC and XRP have not been so impressive.
Bitcoin is only up by 4.6% in the last 24 hours and the flagship cryptocurrency is still down by 14% for the week. Although Ripple’s (XRP) weekly chart is more impressive than Bitcoin’s, the crypto asset is still lagging behind in relation to QNT.
Quant was founded in 2019, with the objective of connecting blockchains and networks on a global scale. The Quant Network is the first network to tackle the challenge of blockchain interoperability
Quant Network’s Strategic Collaborations
The Quant Network has been making radical moves since its inception, and more recently, its collaborations with multiple big names have driven the token’s exposure. Quant teams up with organizations, rather than single entities or individual enterprises.
Recently, Quant partnered with KPMG, an audit and tax advisory organization serving 80% of the Forbes global 1000. The company recommends over ledger to businesses needing blockchain integration.
Quant also struck a strategic partnership with Nexi Group, a credit card processor servicing thousands of financial institutions across 25 different nations. Nexi Group uses the Quant network to interoperate blockchains to its service.
LACChain, a blockchain enterprise focused on promoting blockchain adoption in Latin America is also in partnership with Quant. LACChain operates in 15 countries and has 59 partners across different countries.
About three years ago, Quant also joined the Amazon Partner Program, giving the network exposure in the AWS marketplace.
Undoubtedly, the Quant network connects some of the biggest names in the world. Some of these organizations have millions of active users and valuations in billions of dollars. This has given the network an edge in penetrating the market and reaching the eyes and minds of multitudes.