"Announced today at BlockchainExpo. Our CTO, Colin Paterson has been elected the Chair of @Hyperledger Quilt to help create an interoperability stack. Were integrating Overledgers API and SDK into Quilt to support multi-chain interoperability use cases" - Tweet
Hyperledger is the biggest Enterprise DLT Ecosystem, with half of Forbes 50 Companies using Hyperledger!
So what is Quilt? Quilt is the "Interoperability Stack" within the Hyperledger Ecosystem. However, they were only able to achieve basic atomic swaps. The Quilt team met with the Quant team a few weeks ago.
Now, the CTO of Quant Network - Colin Paterson - has been elected as the Chair of Hyperledger Quilt. The team announced they will be integrating Overledger into the Quilt framework, essentially restructuring Quilt to utilise Overledger.
This will allow any of the current Hyperledger users and future clients to access the new Quilt stack (Overledger) and interconnect their platforms with other DLT; Corda, Quorum etc. This news is freaking huge! Imagine the traffic running through the Overledger system from this accomplishment, essentially cementing themselves as the Interoperability standard for Enterprise...
Oh and? Quant is sitting at 160 on CMC. :') These guys are making real moves - Enterprise "adoption" is here.
That's much bigger than most realize. I believe even in the community it's not totally clear what it means.