Quanta Archives - 21000NEWS

BrankoAugust 14, 2019

4min62

[14 August, 2019, Douglas, Isle of Man] — Quanta Technology, the world’s first licensed blockchain lottery operator, just recently completed Phase 1 of its Proof of Concept testing by exceeding its benchmark. Through tremendous progress, the Quanta Lab Development team were able to enhance the private Ethereum blockchain platform Quanta is on to be able to process 1235 tickets per second or 2045 simple transactions per second. At the same time, the testing also demonstrated that Quanta has been able to achieve low server costs for a high performing private blockchain infrastructure.

This benchmark is a significant milestone for Quanta and in line with the company’s mission to leverage the gaming industry in the blockchain era. Following Quanta’s current activities in Africa, the ability to process 250 tickets per second is enough to operate a blockchain lottery in the Nigerian market. With this in mind, Quanta’s performance power to process 1235 tickets per ticket exhibits its potential to expand into the rest of Africa.

“This accomplishment is the result of our unyielding effort to increase the performance of the Quanta Lottery Private Ethereum Blockchain Network,” said Kostas Farris, CTO and Director of Quanta. “Being able to offer a fast and reliable gaming experience to all our players no matter how many there are has always been a goal that we strive for. Now that we have finally executed it, we are ready for our next triumph”

Following the success of this achievement, Quanta will carry this tremendous performance and momentum forward into Phase 2 of its PoC where it is already in progress.

Quanta currently runs a weekly prize draw, the ‘Quanta Prize Draw’, which is regulated by the Isle of Man Gambling Supervision Commission and has a range of prizes and a potential jackpot. Quanta is also the major shareholder of Naija Lottery which is currently one of the biggest game operators in Nigeria.

 

About Quanta

Quanta Plc is an innovative blockchain-oriented company that utilizes smart contracts in order to ensure fully automated and transparent blockchain-powered solutions. Quanta Plc owns Quanta Technology Limited, operator of the world’s first licensed blockchain-based gaming company on the Ethereum platform. Its products, including gaming platform, random number generator, token-centric payment gateway and game wallet are blockchain-powered and certified to ensure utmost trust and transparency in the gaming industry. The company employs Smart Contracts to offer full automation and integrity to lotteries. With the support of QNTU, utility token, Quanta leverages services to strengthen the customer’s engagement. QNTU is currently trading on six renowned cryptocurrency exchanges including Latoken, Lykke, HitBTC, Bit-Z, and BitoPro.

 


BrankoMay 20, 2019

4min11

[20 May, 2019, Douglas, Isle of Man] — Quanta Technology the world’s first licensed blockchain lottery operator recently laid out the roadmap for its business development and market expansion plans for the coming years. Of special interest are the plans to their Game Aggregator for blockchain games. 

 

Quanta Game Aggregation aims to maximise game offerings for players by combining gaming content of multiple providers from both traditional lottery and blockchain gaming platforms. With the introduction of Quanta Game Aggregator Platform, in addition to the lottery games offered on Quanta’s private blockchain, players’ will have access to games from different blockchain networks.

The first version of the Game Aggregator Platform is scheduled to be published by the end of September, together with a new version of the Quanta Game Wallet for mobiles, that will support gameplay directly from the mobile application. Within this version, at least one game provider with its instant games will be introduced.

“The development of Quanta Game Aggregation is in line with our mission to leverage the gaming industry in the blockchain era,” said Kostas Farris, Acting CEO and Director of Quanta. “As more traditional game providers turn to blockchain for their offerings, Quanta seeks to provide them with an interconnected centralized platform for easy distribution and comes with a large audience. At the same time, new players that do not have access to a local lottery will have the opportunity to choose from a big selection of games on a single trusted and transparent platform as well as dream about what could be.”

Quanta Technology’s vision is to make their in-game token, the Quanta Game Token (“QGT”), the main currency in Quanta’s private blockchain environment and to be the intermediate token that will be used to play hundreds or even thousands of blockchain games. Players may exchange EHT for QGT and vice-versa and Quanta has plans to introduce BTC and FIAT currencies as acceptable payments as well in the near future.

Quanta currently runs a weekly prize draw, the ‘Quanta Prize Draw’, which is regulated by the Isle of Man Gambling Supervision Commission and has a range of prizes and a potential jackpot. In fact one lucky winner in the Isle of Man has very recently scooped the top prize. Look out for news about our latest Jackpot win on Facebook and Telegram.

Quanta is also the major shareholder of Naija Lottery which is currently one of the biggest game operators in Nigeria.

 

About Quanta
Quanta Plc is an innovative blockchain-oriented company that utilizes smart contracts in order to ensure fully automated and transparent blockchain-powered solutions. Quanta Plc owns Quanta Technology Limited, operator of the world’s first licensed blockchain-based gaming company on the Ethereum platform. Its products, including gaming platform, random number generator, token-centric payment gateway and game wallet are blockchain-powered and certified to ensure utmost trust and transparency in the gaming industry. The company employs Smart Contracts to offer full automation and integrity to lotteries. With the support of QNTU, utility token, Quanta leverages services to strengthen the customer’s engagement. QNTU is currently trading on six renowned cryptocurrency exchanges including LATOKEN, Lykke, HitBTC, Bit-Z, and BitoPro.


BrankoMay 18, 2019

3min11

First Blockchain Lottery Operator Expects to Produce Unprecedented Speeds for Blockchain Transactions

[ 17 May, 2019, Douglas, Isle of Man] — Quanta Technology the world’s first licensed blockchain lottery operator, today announced a major R&D project with Matic Plasma, a groundbreaking network for scalable, decentralized blockchains. The project aims to improve efficiency on Quanta’s existing platform, producing unobstructed speeds for blockchain transactions.

 

Whilst Quanta has worked very hard to provide a first-class experience for blockchain lottery players, the collaboration with Matic Plasma will strengthen our services as it addresses industry-related issues of scalability, high network load times, decreasing transaction speed and increasing transaction costs.

“We’re very excited about this project” said Kostas Farris, Acting CEO and Director of Quanta. “Blockchain technology is reforming industries with its decentralization, but the ecosystem is still under-prepared for the increasing demand. Matic Plasma can significantly increase blockchain transactions per second (TPS), and we expect this breakthrough will pave the way for other blockchain-based companies to dramatically increase their TPS going forward,” Kostas explained.

The R&D project with Matic Plasma is a major step forward for Quanta, already well-known for its unique Ethereum Blockchain Gaming Platform and Quanta RNG (RanDAO). It is expected to further enhance product quality and services to Quanta’s players.

 

About Quanta

Quanta Plc is an innovative blockchain-oriented company that utilizes smart contracts in order to ensure fully automated and transparent blockchain-powered solutions. Quanta Plc owns Quanta Technology Limited, operator of the world’s first licensed blockchain-based gaming company on the Ethereum platform. Its products, including gaming platform, random number generator, token-centric payment gateway and game wallet are blockchain-powered and certified to ensure utmost trust and transparency in the gaming industry. The company employs Smart Contracts to offer full automation and integrity to lotteries. With the support of QNTU, utility token, Quanta leverages services to strengthen the customers engagement. QNTU is currently trading on six renowned cryptocurrency exchanges including Latoken, Lykke, HitBTC, Bit-Z, and BitoPro.


BrankoMay 13, 2019

4min57

[13 May, 2019, Douglas, Isle of Man] — Today, Quanta Technology, the world’s first licensed blockchain lottery operator, published its roadmap for its next phase of progress and promises some exciting developments to come. The roadmap illustrates the journey and achievements that the company has accomplished since launch, in addition to some of its business plans for the future.

 

The roadmap will be featured in a brand-new dedicated website for potential business partners which outlines the company’s current products and latest developments with detailed explanations for each.

The foundation of Quanta as well as the groundwork for its success is based on four pillars that it keeps in line with. The first pillar is the outstanding products that it delivers to its players including the lottery games, payment gateway and Quanta RNG. Next is its proof of concept to offer a fast and reliable gaming experience to players no matter how many there are. Third, is its role as a game aggregator to maximise game offerings by combining those of multiple providers from both Traditional Lottery and Blockchain Gaming Platforms. Finally, there is the business development and market expansion plan to extend its reach to other regions, beyond its home of Isle of Man.

“The publication of this roadmap represents another milestone that we have made in our mission to leverage the gaming industry in the blockchain era,” said Kostas Farris, Acting CEO and Director of Quanta. “We are no longer a start-up, but rather an established player that provides applied gaming and business solutions using blockchain technology. We are looking forward to what we have in store in the near future as there are many more planned projects that will elevate our games and products even further.”

Quanta currently runs a weekly prize draw, the ‘Quanta Prize Draw’, which is regulated by the Isle of Man Gambling Supervision Commission and has a range of prizes and a potential weekly jackpot. Quanta is also the major shareholder of Naija Lottery which is currently one of the biggest game operators in Nigeria.
Quanta posts regular updates to Facebook and Telegram.

About Quanta

Quanta Plc is an innovative blockchain-oriented company that utilizes smart contracts in order to ensure fully automated and transparent blockchain-powered solutions. Quanta Plc owns Quanta Technology Limited, operator of the world’s first licensed blockchain-based gaming company on the Ethereum platform. Its products, including gaming platform, random number generator, token-centric payment gateway and game wallet are blockchain-powered and certified to ensure utmost trust and transparency in the gaming industry. The company employs Smart Contracts to offer full automation and integrity to lotteries. With the support of QNTU, utility token, Quanta leverages services to strengthen the customers engagement. QNTU is currently trading on six renowned cryptocurrency exchanges including Latoken, Lykke, HitBTC, Bit-Z, and BitoPro.

 



About us

We are the new economy news hub. 2100NEWS is the professional index, data, and tools provider in the digital asset space, offering Crypto Market Intelligence, providing the perspective you can trust and equipping you with information edge you need to stay ahead. (Real-time data of token issuers and news, analysis and commentary from community.) We are very excited to contribute to the evolution of the industry and build an ecosystem around our offering (the institutional-grade data infrastructure required to enable institutional investments in digital assets). We want our contributions (Contents and Tools on 2100NEWS.com) to be useful for helping investors.


CONTACT US

CALL US ANYTIME



Latest posts

September 15, 2019
September 14, 2019
September 13, 2019