London, Dec. 6 – Quant Network, an innovative technology company today announced that it has joined Mobility Open Blockchain Initiative (MOBI) — a global consortium of industry leading automakers, technology based startups, and other mobility players.

As a member of MOBI, Quant Network will collaborate with industry leaders in pursuit of the creation of a minimum viable ecosystem that aims to standardize blockchain and related technologies to bring transparency and trust to the industry, consumers, and communities and reduce frictions and transaction costs in mobility. Quant Network’s blockchain operating system, Overledger, provides interoperability between blockchains and existing networks and systems, reducing barriers to adoption, facilitating innovative uses of blockchain technology with low risk to Enterprise.

“Quant Network is pleased to be collaborating with MOBI,” said Gilbert Verdian, CEO of Quant Network. “Mobility, IOT and transportation will be powered by distributed networks and are vital to the creation of future cities and communities. We are excited for the opportunity for Quant Network and MOBI to collaborate in advancing the future of mobility and the machine economy today. Our Overledger operating system will enable interconnectivity and interoperability of data between manufacturers, devices, transportation and autonomous vehicles.”

With over 100 member companies and growing, MOBI is collaborating with a wide variety of players in the mobility and blockchain space. We are working with many of the world’s largest automakers and mobility ecosystem players, along with numerous start-ups, nonprofits, governments, transit agencies, and technology companies. By working together, we can make mobility services more efficient, affordable, greener, safer and less congested.

ABOUT QUANT NETWORK

Quant Network is building the Internet of Trust. Quant Network is an international technology company set to revolutionise blockchain technology with the development of their operating system Overledger. The experienced team are determined to fulfil the original vision of the internet by creating an open trusted network for people, machines, and data to operate securely and safely. Founded in 2016, by industry experts, Quant Network specialises in developing cutting edge solutions for the financial services, government, healthcare and supply-chain sectors.

ABOUT MOBI

MOBI is a nonprofit foundation formed to accelerate the adoption and to promote standards in blockchain, distributed technologies for the benefit of the mobility industry, consumers, and communities. MOBI and our partners are creating simple, standard and digital ways of identifying cars, people, and trips, of paying for mobility services, and securely exchanging and monetizing data in ways that preserve property rights and privacy.

MOBI is an open, inclusive body that acts as a ‘trusted convened’ and partner to entities in the emerging ecosystem of pay for use, on demand, connected, and increasingly autonomous mobility services. MOBI itself is technology and ledger agnostic. For additional information about joining MOBI, please reach out to Erika Pingatore, [email protected] or visit www.dlt.mobi.

For more information contact the team