Quant and Chainlink court the same clientele: banks that want to connect their systems to several blockchains without committing to any one of them. The two projects solve that at different levels, however. Quant builds a layer above the networks and takes the decision of which blockchain to address away from the bank. Chainlink builds a standard for transfers between networks and has each one of them confirmed by several independent groups.
The distinction sounds technical, but it has practical consequences for the question of whom a bank ultimately has to trust, and for the question of whether a project's token is needed at all. Both points are covered below. None of this is a recommendation to buy, and there is nothing here about price targets.
The same job, two designs: abstraction layer and messaging standard
A bank that wants to represent tokenised deposits or securities faces a plain problem: there is not one blockchain but dozens, and they do not speak the same language. Connect to each one individually and you build a separate integration f...
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