Quanta to Launch R&D Project on Matic Plasma

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.