By: 3 April 2024

Overledger, the enterprise-standard for building on blockchain, is now available via a fully-functional, time-unlimited free plan

Quant makes its blockchain platform free for businesses

Quant, the blockchain for finance organisation, today launched new pricing plans and functionality. The Overledger blockchain platform updates are designed to empower enterprise project teams, architects and developers from any sector or size. They allow users to test, build and deploy on the same interoperable distributed ledger technology already used by central banks, commercial banks and large corporates.

For the first time, Overledger is now available via a fully functional, time-unlimited free plan. This will allow institutions to easily adopt blockchain, and therefore create new revenue streams, make complex workflows more efficient, reduce legacy costs and enable access to new markets and clients.

As before, bespoke enterprise plans – backed by comprehensive service level agreements, dedicated infrastructure and all the specialist expertise of the Quant team – are also available for clients that are ready to put their blockchain solutions into mainstream production. Quant have solutions for businesses of any size, and their offering of a free platform only showcases their dedication to continuing blockchain as the foundation for future fintech.

Gilbert Verdian, founder and chief executive officer of Quant, said: “We believe that anyone who wants to build a business in the blockchain economy should be able to do so using technology that has been tried and tested in the most demanding of use cases: regulated financial services.

“That’s why these new plans and features meet the demands of IT decision makers: they’re an accelerated go-to-market for enterprise IT and developers to choose the best technology and delivery solutions for their business lines at speed – using the same ‘grown up’ tech already used by institutions like central banks and their commercial counterparts, securities issuers, and asset managers.”

Natasha Boyton-West, head of product – Platform, said: “Until now, businesses have struggled to capitalise on the benefits of blockchain because it’s a complex technology requiring specialist skills and different blockchains are not interoperable with one another. Overledger changes all that. It’s easy to use, continually enhanced, and integrates seamlessly with your existing systems and new networks alike. That’s how it makes blockchain simple, trusted, and future-proof.”

Image: Shubham Dhage on Unsplash

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Robert Welbourn
Robert Welbourn is a content editor at FinTech Intel.