Quant Network and SIMBA Chain combine 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.

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 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.

Timeline of Quant