Quadrant is the blockchain networking service with the contribution in the application towards the advanced, promoted researches and designs for the advocacy development in the blockchain-based infrastructure. It has a certain level of a platform for incentivizing the ecosystem for sharing and utilizing the decentralized data. It will also make incentive sharing to build trust with the data consumers serving genuine data for purchasing criteria. The data producers deal with the compensations fairly every time while using data vendors having the incentive in creating innovative constellations. The protocol of Quadrant has made up in a certain system that makes sure the solution and proper steps to be taken to face the data economy problems in a plague for the stakeholders for the consumers, vendors for producing data entities.
DataStreamX
DataStreamX is the creator and the first user for the Quadrant network. In short, it is known as DSX. It is operated by the data marketplace where the business of data brokerage lies since 2015. The mission of the Quadrant network is to unleash the power of the data from the world by facilitating the transaction of these data among the buyers and sellers to the platform. The protocol of Quadrant has a separate project with an aim to continue this mission, DSX will provide the service for the development into the protocol of Quadrant by the support of the network to build the protocol to help the users making a solution to the real-world problems. The foundation of the network protocol is to compensate towards the transparency and authenticity of the data economy.
Technology
Quadrant protocol uses the decentralized data blueprint technology which is ingestion in processing of agnostic storage. It has been designed the system in a process that works for the centralized and decentralized services. The design of the protocol consists by the core of Quadrant blockchain. The clients of the protocol are Data Producer, Data Consumer and Anchor, and Guardian Nodes. The system protocol will operate by the Proof of Authority for the consensus mechanism. This mechanism will handle more transactions by the operation of lower gas price, achieving faster transactions and restricting malicious nodes. This will help in the entry of data towards the network. Also the external Proof of Work is like the chain that will also be used in purpose of anchoring but the system has the right to replace it if needed by any public chain in the future. Quadrant will be following some important initial features based on the technical details that have some positive effect to the service. The features are;
- Data Stamping Protocol,
- Stamp Verification,
- Open Constellations
- Network Nodes and Clients
- Data Enhancement by Elons, and
- Public Chain Anchors
Unsustainable Ecosystem
The free user data are never sustainable. The entity will produce the data for not being remunerated moderately in either direct or indirect manner. The data can be replaced in terms of financial recompense and this will not require any allocation to the proper revenue, individuals and businesses. It might be serious to carry on the data stream as assorted and authentic as things will continue through the IoT sensors. It is associated to the data streams for the smaller Data Consumers should not suffer because of losing access.
It is important for Quadrant network to have a sustainable ecosystem for the producers so that they can incentivize the genuine data to those whoever is willing to make payment.
Website : https://www.quadrantprotocol.com/
Ann Thread : https://bitcointalk.org/index.php?topic=3676988.0
Telegram : https://t.me/quadrantprotocol