Sia And Quant Network Successfully Test Blockchain Interoperability

The breakthrough was achieved by integrating Quant Network’s Overledger technology into the SIAchain private blockchain infrastructure to enable cross-platform applications and services in Europe and globally. A leading pioneer in enterprise blockchain technology Quant Network has successfully tested cross-blockchain interoperability between multiple Distributed Ledger Technology protocols along with European payment services and infrastructures SIA.

The breakthrough was achieved by integrating Quant Network’s Overledger technology (the world’s only DLT operating system that allows interoperability) into the SIAchain private blockchain infrastructure leveraging on 580 European network nodes within SIAnet (the fibre optic network with high-speed and low-latency stretching over 208,000 kilometres). This important milestone is the result of a partnership launched between Quant Network and SIA that allows mostly banks and financial institutions – through the SIAChain infrastructure – to adopt cross-platform and interoperable blockchain solutions and to embrace new business models, improve operational efficiencies and deliver innovation to banking customers.

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