Regulations of Quanta

Quanta is an innovative product for the global market as it takes on two unique characteristics; online lottery system and cryptocurrency.
As an organization, we have already taken steps for regulatory compliance with many nations and their online lottery, gambling regulations. At Quanta, we also believe in the importance of being prepared for future cryptocurrency laws and regulations for each nation. When working with a global market, each nation can present various hurdles which we are prepared to comply with. Some nations may prohibit citizens from participating in online lotteries or engage with cryptocurrency. Depending on the market, we will approach with diverse viewpoints and seek out the possibilities.Currently (as of Jan. 2017) we have implemented KYC standards (One of practices utilized at banks to suppot Anti Money Laundering policies) which has gathered some attention for cryptocurrency holders. With such practices, we aim to provide an every expanding secure and troublefree service to all participants.

Regulatory Support Members

Gambling License

In order to operate gambling business such as rich lotteries and casinos, it is essential to acquire a gambling license (Gambling License) approved by the law concerning the gambling of governments and administrative areas of each country.
Also, in order to be recognized as a highly reliable gambling business, it is necessary to acquire a license for a business license place that has a proven international credibility. In that respect, the Isle of Man is considered to be very rigorous as the UK, Manta and Gibraltar, and it is said that the gambling license has a very high credit rating. Quanta Technology Limited has established a system to aim for acquisition of a gambling license for lottery protocols operated on the world’s first block chain.

Isle of Man

Isle of Man is an offshore tax exempt area and has earned high praise from around the world as an international financial center with political stability and financial security and soundness.
We are working on improving the law against cryptographic currencies from the very early stage in the world and are now regarded as various block chain project bases.
The creditworthiness is also very high as the issuing country of gambling licenses, and Quanta Technology Limited expects to be able to demonstrate the best performance based on the Isle of Man.

The evolution of cryptocurrency

  • Cryptographic currency 1.0 –
    block chain

    Beginning with the birth of Bitcoin, expansion of settlement infrastructure with cryptographic currency as money

  • Encryption currency 2.0 –
    Technical extension of block chain

    This will broaden the range of industries and services that are likely to enter, so the market for 1.0 will become even bigger and a spiral of expansion will begin.

  • Cryptocurrency 3.0 –
    “Regulation (Improvement of laws and rules)”

    Improvement of laws and rules concerning block chains was made, and by spreading together with new societies and new markets and technologies, popularization and practicality are improved.

  • Existing Financial Law and New Transition on Blockchain

    From the birth of a block chain, management, security, and the organization’s way of life have changed uniformly, and application to a wide variety of existing services and systems is proceeding. Instead, the changing social frameworks such as laws, regulations and corporate governance that have defined society so far supported by the market to go is also beginning to adapt.

  • About Cryptocurrency coins

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  • About Gambling Regulation

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  • About lottery online regulation

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Steven Ormond-Smith
Chief Financial Officer
Steven is a qualified Chartered Certified Accountant with over 20 years’ experience in offshore financial management and control. Steven is the Managing Director of OrmCo plc an accounting and outsourcing Company, prior to founding OrmCo, Steven worked for a Fund Administration company for four years, managing the finance function for several fully listed and AIM listed companies quoted on the London Stock Exchange and has also gained valuable experience working for two of the ‘Big Four’ accounting firms. Steven holds several non-executive directorships.
Lee Hills
Chief Operating Officer
Lee is the Founder and CEO of SolutionsHub, a boutique management consultancy, business planning and strategic partner of startup and SME businesses.

In 2009 Lee began a very successful period of providing bespoke consultancy and leading multi-jurisdictional licensing services to the eGaming sector. As well as being a key advisor to dozens of licensed and non-licensed gaming companies globally, Lee has successfully project managed 9 Isle of Man license applications and has been the lead consultant on a further 3. This includes obtaining licenses for a number of previously unseen business models and the first ever sub-license. Subsequently Lee has widened the scope of technology expertise in the Blockchain and FinTech sectors.
Adam Vaziri
Chief Regulatory Officer
Diacle’s director Adam regularly participates at events. Adam is a regular speaker at Marketforce’s Future of Retail Banking Conferences. Adam will be speaking at ICE this year about regulation of blockchain gambling businesses. Adam is speaking in Amsterdam at Bitcoin Wednesday about Regulation of Digital Currencies in the European Union.
Chris Hatch
Chief Technical Officer
Queensland University of Technology, Bachelor of Information Technology
Sun Certified Java engineer since 2002 With more than 15 years developing software for different industries, Chris was fascinated by Ethereum development early after the platform's launch and became a core member of Quanta project. He is excited to be working now in the blockchain world, developing smart contracts realizing a blockchain-based provably fair lottery.
Arman Ospan
Project Manager
Arman studied Petroleum Engineering at Kazakh-British Technical University before he went to study in Japan at the age of 19, where he graduated from School of Economics at Nagoya University. During his university studies Arman had a chance to work at one of the biggest Internet companies of Japan, working on a baseball card battle game for North American market and global version of a popular Japanese social game. After graduation Arman co-founded a company in Hong Kong and moved from Tokyo to Vietnam to develop a baseball management simulation game. Arman speaks Japanese, English and Russian apart from his native Kazakh language.

Arman is in Quanta development team at CARDANO Labo, where he is involved in business and game rules planning, licensing in the Isle of Man and cooperation with company's partners worldwide.
Krzysztof Skrzypski
Core Developer
With IT Master degree at Gdansk University of Technology, Krzysztof also brings in his 7 year experience from various roles such as Mobile games development, Android, Business systems development in fashion and retailing industry (ERP, Oracle Retail, WMS, DWH, BI, e-commerce), Energy Trading and Risk Management. Still Krzysztof wants to further his solid IT and analysis competence to the next level by exposure to cryptography, research and innovation on blockchain technology.
Ho Quan
Core Developer
Quan Ho had worked for 9 years as Game System Engineer at Vietnam’s largest Internet company: VNG. He is in charge of developing gameplay systems & analyzing and refactoring code to optimize performance.
Bui Thi Thu Ha
Core Developer
Ha received her Master’s degree in Computer Engineering at University of Louisiana. She spent 2 years in teaching and 3 years working as a software developer. Ha is really passionate about working with the latest technology and spending her time creating new code.
Hans Lombardo
Strategic Advisor
Dr. Hans Lombardo, Strategic Advisor , Quanta

Hans is a strategic advisor of Quanta (, an innovative blockchain-based gaming and lottery company registered in the Isle of Man. He is co-founder and head of marketing and communications for Chain of Things, a blockchain and IoT integrated hardware-as-a-service startup. Hans is a successful entrepreneur and enthusiastic proponent of blockchain technologies. In 2012, he sold his previous company, a boutique research and data analytics firm focused on Chinese high-technology industries, to a large US think tank. Hans is an Internet industry veteran with APAC regional management experience at and Internet World magazine and events. During the Internet boom, Hans provided due diligence support for the Venture Capital Fund in Asia. As a tech journalist in the late 1990's, he interviewed Jack Ma, Jerry Yang, Vinton Cerf and Richard Li.
Blockchain Regulatory Consultancy / Legal advisor
Diacle is a member of UK ISO standards group that are providing input into the international blockchain standards process.
Diacle works on the most innovative fintech and gamtech businesses and assists them with licensing and businesDiacs setup. le, since 2013, has worked on the first blockchain licences in the world, from the first blockchain payments licence in the UK, to the first cryptosecurities exchange to a global emoney platform for digital currencies.