A very good evening Jean-Paul. I don't have to say welcome anymore since you have been active in our group for a long time. 1 . >Q: Can you tell us how Quant Network as a company relates to Overledger, and a little about your role within Quant? > >A: A good evening. Quant Network is the developer of Overledger. Overledger is an operating system that allows users (software) to utilize multiple blockchains. And so make mApps rather than dApps. It offers interoperability and flexibility to its users. > >I am Jean-Paul de Jong, and I am the Chief Architect for Quant Network. I have been living in England for 22 years with my wife, two daughters, and a Labrador. As the Chief Architect, I am responsible for all our technology; both the approach and realization of our ideas, and also the applications for our customers. My background is for many years in regulated industries in private and government agencies. And if you want to know more, Quant created and [published a profile of me](https://medium.com/@quant_network/meet-our-chief-architect-aab6fe1b659e) last year. 2. >Q: I follow Quant Network closely. It all seems to go so smoothly, are there any problems that you encounter? > >A: Yes daily, we are very busy solving problems that different people do not even know they will get. This morning I was in a room with Colin and Vijay scenarios walking through for the 'block' verification. Sometimes very difficult, but nice to find a solution. 3. >Q: There are several projects that have the same vision as Quant, do you think that eventually these projects will be able to co-exist or will there be a survivor at the end of the story? > >A: I believe there is enough room in the market for several companies. There are many roads that lead to Rome - no, Utrecht. Not every approach or solution is for everyone. And competition is good for everyone, you can learn a lot from it. 4. >Q: Is Quant bothered by the lack of regulatory guidance from Governments? > >A: I hope I understand correctly. We are not bothered by regulation. Our approach is completely focussed on the solution. Our token is FINMA approved as a utility token. This has been our approach from the start. Our background in regulated industries has driven us to proceed according to the rules of the law, which has gone well. 5. >Q: What will happen to the tokens once a client's license expires? Will they be released? > >A: A good question, unfortunately I cannot answer it. I'm mainly on the technology side. I propose to put this to Gilbert for the next AMA. 6. >Q: Hello Jean-Paul of course everyone is talking about the "good developments and partnerships" - congratulations, but what does the team itself think is the "best" performance that you most proud of? > >A: Yes, that's a good question. It has been a very busy year and we have learned so much. I think our team is the 'best' achievement. I am very proud of our team. What we have managed to achieve compared to the 'business paper roadmap' is fantastic. A number of very large customers is fantastic, and next week I am going to a super large one. But that is not always the best. The IWOMM event where our technical team met other developers was fantastic. To see developers build multi-chain applications in 101 minutes was great !!!! 7. >Q: The price of Quant is going great last weeks when we can expect Quant on a larger exchange. > >A: We already have a top 10 exchange, we are negotiating with another one too. But now there is still an NDA clause. "Watch this space". 8. >Q: @dejongj Where would you like to be with Quant Network in a year? > >A: Yes, I can hardly think about that. We are busy with so many things. My vision goes much further, routing from IP to blockchain, ultimately embedded. 9. >Q: @dejongj What can Overledger do for the ICO market? > >A: We are busy with Treaty Contracts, which make it possible to support ICOs in every way. LOL So many questions my Dutch is getting worse and worse. 10. >Q: @dejongj When I look around at telegram I notice that the community of eg Wanchain x2 is that of Quant. If I look at the twitter followers then the difference is even more obvious. Do you think Quant should put itself on the market even more with regard to visibility? > >A: Our market is mainly Enterprise use, and there is always a community edition. Enterprise is not necessarily in such communities. It is a different approach, not necessarily better or worse, but different. 11. >Q: @dejongj What do you think the greatest advantages of Overledger are compared to other projects that try to solve interoperability? > >A: Our approach is that we are not another blockchain. You cannot make Enterprise adopt to your technology, your technology must integrate with theirs. If you do not do this, it will be very difficult to persuade them to integrate. 12. >Q: Hello @dejongj and thanks for your time. We / you often talk about Overledger. I don't hear much about GoVerify. Is it as popular in the background as Overledger? And is Goverify often used by companies / individuals? > >A: It's not in the background - GoVerify is very busy. We have partnerships with Oracle and are arranging to provide the service to a very large customer. It is ready, available and we have discussed more integrations over the coming weeks. 13. >Q: @dejongj You are working on a very interesting project as a team! Keep it up! My question is short but powerful: what stage is the product you offer at? Is it still at the idea stage, or is it already working? > >A: The product is working. The community edition has been available since September 30 and currently gives access to our test network. There is also another version that works with permissioned blockchains and runs in private installations. We are almost coming to our birthday, and we are working hard to access mainnet for the permissionless version. 14. >Q: @dejongj At QuantX you showed us a taste of using multiple blockchains to serve HTML without the need for web-servers, databases etc. Could you tell us more about this? > >A: Yes, blockchain is not just for crypto. Immutable data is a good application that could be useful for whistle-blowers or a simple intranet listing rules, or government law - where you can see exactly which version was available when and how it changed. The use of blockchain goes much further in my opinion than that of Crypto values. And yes I know this is a crypto chat. 15. >Q: @dejongj The CEO of Ripple is skeptical about JPMcoin. It doesn't solve a problem according to him. What is your opinion about this? And what is the relationship between quant and JPM? > >A: Yes, there are a lot of coins. In my opinion we will see more growth before a reduction. We mainly talk about Quorum, which has extensions for Ethereum that are good for Enterprise. But if using multiple permissioned chains you lose the ability to exchange data with one another. With Overledger and several Quorum installations, using treaty contracts, this becomes a possibility again. Now different departments within a company can exchange data with each other. 16. >Q: Can Overledger be used to transfer bank's proprietary coins across ledgers? > >A: Short and powerful, yes. How that goes exactly depends on a few things. We are busy. 17. >Q: @dejongj I read yesterday that another tier 1 exchange is coming. I understand you can't name names, but when can we expect this exchange at the latest? > >A: I really can't say that, I just don't know. That will be announced when the conversations are closed. I look at it technically, but that is not my department. 18. >Q: @dejongj can we expect more events from you such as quantx last year? > >A: Yes absolutely. We do several with partners; I did one at NexisLexis last month with 101Ways. Next week, no a week and two days, I am going to Adelaide in Australia where I will host a hackathon on Sunday together with Data61, IBM and the South Australian government. 101Ways was so happy with how the hackathon went that they asked me to do another one in April in the Netherlands, Amsterdam. And QuantX in September will be the largest. 19. >Q: Are you in discussions with Dutch companies that want to use blockchain and are interested in QNT? If not, why not (yet)? And if so, which one? > >A: Yes, although not directly a Dutch company but a consortium in the financial sector that tackles the Dutch market. When I was in discussion with them in January for another area, I was very happy to hear they also serve the Dutch market. Hopefully we can go public later this month. 20. >Q: @dejongj can you let us know the country of the bank you are working with? > >A: No, I don't want to reveal that. There are several, but I am not going to give an indication of a country. But of course if your open source intelligence is good you can keep an eye on us on Twitter and pay attention. 21. >Q: @dejongj I am curious do you own cryptos, if so which coins are in your portfolio? > >A: Yes nice question, I am not really in crypto myself. Every now and then I play a little and I follow this group, but I don't do that regularly. The reason for this is that I also come from a regulated work environment. I still find it a bit difficult to speak publicly as I was not allowed to tell anything about my work for many years. Before Quant I was at a Tier 1 bank, and before that at the National Crime Agency and also did work for Europol. For me it was technology, and declaring interest was just too difficult. And at the moment I just don't have the time. 22. >Q: @dejongj Your Trusttag technology is little talked about yet. With this, if I understood correctly, zero knowledge transactions can also be carried out on the Overledger. What would you consider a good use case for the trust-trust and Overledger? > >A: It is the synergy of these technologies that becomes especially important for multi-chain. 23. >Q: @dejongj Quant has obtained an EU patent, can you explain the impact of this? > >A: Short but powerful: recognition and security. We have good ideas, and nowadays you have to protect them. It is not the first and not the last. 24. >Q: @dejongj About the partnership with AUcloud. Have beautiful things come out here? > >A: A lot of interest, and also available on other continents. It is a good strategy to make it available and accessible to many where it is normally difficult to get it off the ground; in government. 25. >Q: @dejongj the hackathon will start in a few days. What gave you the idea to participate in this? And what does this mean for you? > >A: (H) recognition, showing another way to offer a solution. Just like in the Netherlands, we also have many supporters from Australia. And of course Gilbert worked in Australia and has many good contacts. The Australian government has focus and wants to go with it. I'm really looking forward to it. 26. >Q: @dejongj Linking the internet to the Overledger - how far are you with this? And is this a private internet? > >A: The ideas and possibilities keep coming. We also regularly validate these ideas with others working in that sector. A number of pieces still have to fall in place before that is possible on a scale, but we are doing well. 27. >Q: What improvements would you like to see within Quant? > >A: From my side and department, documentation of our tools and how they works. That is happening continuously in the background - we are doing well and I know what we want, but I have yet to find the tool that does what we want. For the other departments, I think that is a better question for Gilbert's regular AMA as CEO. 28. >Q: What do you think, will we see Quant in the top10 on coinmarketcap within one or two years? > >A: LOL I really don't know, we do our best to just keep it a fantastic project that many people use and can regularly offer new functionality. 29. >Q: @dejongj The website of GoVerify is live, congratulations! Is GoVerify build into Overledger? If you have a license to use Overledger, do you immediately use GoVerify? > >A: Trust-tag technology from GoVerify is utilised within Overledger. However the GoVerify product makes it possible for an end-user to determine the legitimacy of a company, to ensure the company is who they say they are. So it's a bit different. 30. >Q: @dejongj what do ideal mApps look like to you? Is it already possible to develop, or does Overledger still need to grow? > >A: There are just too many ideas for mApps. It is difficult for us not to want to make all the mApps ourselves, we have to keep our focus on the platform, but to cooperate with the industry. Of course we will also do some mApps ourselves. I personally like our multi-chain explorer, which can be expanded much further. 31. >Q: @dejongj The big client you are going to after the hackathon, is that already a client or is this an open-conversation? > >A: Am I going to a big client after the hackathon? Did I say that? Yes, I am going to another continent. It's a conversation until... But very, very, very interesting. 32. >Q: @dejongj Could you explain a little more about the process data sent by the layers of Overledger? So from the application layer> Filter and order layer> Transaction layer with encapsulation and de-encapsulation you could say that as this layer adds the IP header, this layer adds the frame header, etc. (but clearly related to the carrier). That assumes it works. > >A: Bah... Sorry, let's not discuss in this channel. Too many questions and not enough time to continue there. 33. >Q: @dejongj I could not find the full roadmap of Quant. Quant is very ambitious with not only Overledger. I am curious as to where the focus is now and will shift in the future, and also whether the set objectives are always being achieved. > >A: That roadmap is in the business paper. The focus is with the business paper as per the TGE. 34. >Q: @dejongj Gilbert is the AMA king because he always comes with cool news. This is your chance to tease the Dutch community with news! > >A: LOL I know my place and I like to leave it to Gilbert. Ok, you will see after the hackathon... I'm going to Korea. 35. >Q: @dejongj You've discussed how companies don't want to run their own nodes for security reasons (as this allows P2P into intranets), so I assume you offer a service to securely connect their permissioned nodes? And do you also host public blockchain nodes for Overledger to work with? > >A: That differs between companies, large companies have existing SIs that 'run' their networks. Overledger gives the option to work with permissioned, permissionless or a combination. Ok that's it. Time for [bitterballen](https://en.wikipedia.org/wiki/Bitterballen) and a beer?