What problem does this service solve?

Quant provides blockchain agnostic solutions for enterprises that enable multi-chain applications.TrustSQL is a BaaS platform developed by the Chinese internet giant Tencent. It aims to provide all the tools companies need to easily develop blockchain applications.

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Company Description

Quant is developing enterprise blockchain solutions that allow users to take advantage of distributed ledger technology. Their goal is to simplify adoption, and reduce the costs, and resources, needed to begin implementing distributed ledgers within their organizations. Quant's Overledger platform is a blockchain operating system (OS). It's designed to work with different blockchains, and enables multi-chain applications, known as mApps. They have also created a platform called GoVerify, a verification service that allows users to check the authenticity of digital communication. The network is powered by the Ethereum-based QNT token.

TrustSQL is the BaaS pltafrom that the Chinese technology giant, Tencent, is building. Tencent's BaaS platform is designed to provide all the tools necessary for developing blockchain applications. Tencent hopes to utilize its enormous market share in the Chinese internet market to become a player in this quickly growing field. The company is competing against Alibaba and Baidu in a large number of industries, and blockchain will be another sector for them to engage in. The company released a whitepaper, in 2017, that outlined their plans but they have yet to bring on a significant amount of clients.

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