/biz/ - Business & Finance

>>18977275
Creates a singular layer by which any means of existing data can be put through to any other existing system, and is done in such a way that future systems will be able to integrate older systems using that layer. This is what we call "interoperability" interoperability allows for anything that produces data of a certain kind to communicate with any other system or device of a different qualification of data. For example, non blockchain IoT data being sold on chain, or derivatives being transacted over any number of blockchains etc systems.

>but why
This so so important because in the future money needs to be far more liquid than it has been to enable new business models with all of the absolutely mind bending tech thats coming online because of triple entry accounting (unsexy way to say DLT). A layer for interoperability allows for exactly this, and the creation of Mapps (Multichain Applications) on Overledger (ONE of Quant Network's many creations, DYOR) lets some absolutely crazy business shit to go down.

You have an idea that works for using derivatives to buy IoT data? Cool, instead of a multiple swaps and points of failure, write a smart contract that uses money from your stock portfolio through Overledger to directly ping the IoT data supply and send it once more through Overledger to the chain where you would need such data.

Overledger is to blockchains what the internet is to servers, and none of you retards get that. Also, QNT and LINK go hand in fucking hand.
DYOR, spoonfeeding over
https://uk.linkedin.com/in/gverdian
>experience