Finance blockchain firm Quant recently joined forces with automation software provider Make to offer integration for blockchain automation.
The collaboration enables users of Make’s automation software to integrate with Quant’s Overledger, unlocking code-free automation capabilities for any blockchain.
Quant is a distributed ledger technology (DLT) service provider, with Overledger serving as the API gateway for major blockchains.
Specializing in central bank digital currency (CBDC) development, Quant focuses on building connections between existing distributed ledger networks, enabling organizations and governments to transfer data between different blockchain systems.
Overledger’s blockchain-agnostic API platform connects various blockchains, addressing the challenge of interoperability between diverse platforms. The native cryptocurrency token of the Quant network, QNT, fuels the ecosystem and facilitates payments for utilizing Quant’s services.
Make’s automation software lets users visually construct and automate workflows without the need for intricate coding. With the integration of Overledger, users can create customized automated workflows tailored to specific roles and business requirements.
Overledger prioritizes interoperability and facilitates the creation of bespoke workflows integrated with institutional digital assets. Its integration with Make provides out-of-the-box functionality to monitor accounts and create transactions.
This is as simple as selecting the Overledger module, choosing the corresponding Overledger action, and then selecting some basic parameters.
Different Overledger actions can then be easily chained together in what Make calls a scenario. These scenarios can interact with tokens and bridges deployed through the Quant Connect UI.
This means users of Make’s platform can now automate intricate processes such as tokenized transactions, account monitoring and asset bridging, all achieved without a single line of code.
Claire Facer, product manager at Quant, explains the company’s suite of integrations—including Make, Zapier and OutSystems Forge–offers a no-code solution for automating blockchain functions.
“Developers can simply supply the smart contract codes and addresses they want to automate, while Overledger handles all the backend work,” she says.
Quant’s integration with Make, Zapier and OutSystems is designed to make blockchain more accessible because workflows can be built quickly to allow everyday apps, for example Microsoft Office Suite or Amazon Web Services (AWS), to interact with blockchain simply by utilizingaction from the Overledger integration.
To get started, users need to register for an Overledger account, which they can also try for free with an unlimited trial.
“Once registered, users can obtain their authentication codes and integrate them with Make,” she says. “This will enable them to seamlessly automate blockchain functions within their apps.”
Facer says this integration effectively eliminates two major obstacles in blockchain development.
“Firstly, it eliminates the need for in-depth blockchain knowledge and skills, as no coding is required,” she says. “Secondly, it saves considerable time and effort by offering out-of-the-box functionality that enables, for example, chain-agnostic asset issuing and bridging in just a few minutes.”
After the automation process is set up with the Make integration, these processes can occur in mere seconds, subject to network speeds.
Despite all the promise of blockchain and its growing adoption, developing for one, never mind for multiple networks, is very complex–connecting networks remains a major obstacle to enterprises and developers.
“Our integrations allow companies to road-test their ideas and build prototypes in record time and developers to automate resource-heavy tasks such as monitoring and signing for transactions to scale their apps,” Facer says.