About Quadrant Protocol
Quadrant Protocol is a data economy protocol in the blockchain, which will allow a system of data products and services to be based on the main tenants of authenticity and origin (verifying the origin of the data). Quadrant provides the blueprint for a decentralized data economy, with which they will create and create partnerships to make this plan a reality.
Quadrant Protocol seeks to create a blockchain-based protocol for data economy that supports data authenticity testing, creates intelligent contracts for data, and encourages and rewards data providers. In short, Quadrant Protocol will establish an ecosystem where data vendors and data users can trust each other, as the former will provide authentic data and be paid fairly, while the latter will be able to use this 100 percent authentic data and get as much as possible for their business (e.g., AI computers, automatic learning, etc.).
Quadrant imagines itself creating a promising future for the quality, transparency and authenticity of data received by artificial intelligence companies, helping them to create ideas and services that have far-reaching effects.
Present Problems
There are at least 3 data economy problems that Quadrant wants to address with its protocol.
- The IA data gap is widening between the haves and the have-nots; small businesses cannot use their algorithms or create IA innovations because they lack large volumes of data
- A seemingly endless torrent of false and inauthentic data that results in a set of algorithms being meaningless because they were created to use real data. Otherwise, the information they produce is also false and useless to those who paid to develop and execute those algorithms.
- Original data producers do not receive adequate compensation for their contributions, resulting in a lack of volume and authenticity (motivation problem)
Proposed Solution
QUADRANT is creating a solution for data economy. The company is developing a protocol that allows the creation, distribution and encouragement of data. The needs of enterprise data requirements are always taken into account when mapping data from disparate sources. The decentralized data solution is provided to platform users. There are multiple stakeholders in the platform, such as Nurseries, Constellations, Pioneers and Guardians. They represent a different capacity for data production and maintenance. Using blockchain technology, each information is publicly sealed to prove its authenticity. The data stamping protocol is used to seal the data on the platform.
Fair distribution of income and incentives is guaranteed by the platform. The team is developing multiple benefits for the different stakeholders of the platform. Data consumers on the platform have authentic, reliable data so they can produce better results. Data producers have the ability to sell their data and verify its use. Elon on the platform are people who draw the similarities and differences between the different data sources and develop innovative data products.
QUAD is a native cryptomoney used on the platform for payment and settlement between different participants. It is also used for incentive on the platform. The other use of the QUAD tokens is the payment of the subscription, the sealing of the data and the access to the services on the platform.
Characteristics of the Project
Data Stamping
It marks authenticity, allowing data buyers to track and have proof of who created the data.
Creation of the constellation
They are bold pioneers in venturing out, enabling them to create the first intelligent data contracts and are deployed to create new data products.
Rich data and services
They are empowering the brightest minds to work on the creation of Mega Constellations: new products and services at the top of Quadrant.
Technology Implemented
The main technological innovation of Quadrant Protocol is that it is capable of mapping together all the disparate data and making it available to any consumer (not just large corporations). This will be possible through the following features:
Proof of data authenticity and provenance,
Smart Data Contracts (called Constellations) for
Dispersed Data Sources,
Fair remuneration and exchange of incentives.
Quadrant Protocol differentiates between the following types of stakeholders who will use the platform. Nurseries, raw data creators, Pioneers, data providers who create products using intelligent Quadrant contracts, Elons (not Musks :-), visionaries who will use ready-made data products to create new and innovative products and Guardians, masternodes that protect the integrity of the block chain
Data providers will be able to encrypt the data and record their unique DNA stamp in the Quadrant Protocol. Consumers will be able to verify the authenticity of this information and resolve any discrepancies that may arise.
Constellations will be able to extract and organise data from various sources, sell it to data consumers and remunerate data providers.
Team
Advisors
About Token and ICO
Token symbol: EQUAD
Token type: ERC20
ICO token price: 1 EQUAD = 0.0500 USD
Fundraising Goal: USD 20,000,000,000
Total Tokens: 1,000,000,000,000
Available for Token Sale: 40%.
Not eligible: CANADA, CHINA, KOREA, NEW ZEALAND, USA
Currency accepted: ETH
Information
Website: https://www.quadrantprotocol.com/
Informe: https://www.quadrantprotocol.com/whitepaper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=3676988.0
Telegram: https://t.me/quadrantprotocol
By Bitcointalk user: Noticiasbitcoin
Profile: https://bitcointalk.org/index.php?action=profile;u=1969069
Myetherwallet: 0xeB029ba88D93dcdA31369CC9E1E151Ac622823c2
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Thanks for the interesting article! I hope this platform will help many to change their lives for the better!
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