What Quanta strives to do with decentralized technology.
Various systems and mechanisms have been built as a means of securing the trust between parties which is the basis of economic activity. Technologies that support cryptocurrencies such as blockchain replace existing concept of trust and have the potential to significantly change the concept of society. Utilizing this technology, Quanta plans to play a leading role in the development of new technologies and operating structures that support the world’s lottery industry.
Quanta can minimize the risk of manipulation in lottery ticket sales, pooling, draw, dividend payments with the use of decentralized systems. With this new system, we can support the lottery industry by providing the foundation of trust for lottery operators, business operators and confidence for ticket sales agents and lottery players.
Quanta implemented by Ethereum smart contracts.
Quanta is developed on the Ethereum platform. The processing logic of each business task is implemented as a smart contract and is automatically executed on the blockchain.
RNG is a system which can generate true random numbers. Until now, there were many problems with generating true random numbers as a smart contract on the Ethereum platform, such as ensuring that it is completely unpredictable, and the high cost (Ethereum ‘gas’ cost) to operate. Quanta has succeeded in implementing the world’s first RNG that operates as a smart contract on the Ethereum platform with practical operational costs. This RNG technology which can be applied to and expand the gambling industry by utilizing blockchain technology is also currently being patented.