The cluttered space of data is now getting organized

As a kid we heard a lot of lies told by our parents and we believed them without even giving it any thought. It was only after disappointment that we realized they were just stories and nothing else. Like the one in which we used to hide our broken tooth under our pillows or we waited for santa to come through the chimney or we became a good boy so that the devil doesn't come. But the most believable of them all was of the starts. About how our loved once became stars after they died. We had a pet dog who died when I was 8. My dad told me that he became a start and I used to have a one way conversation for hours looking at the night sky from there on. But it used to be really though some times to find him. There were so many starts and it used to be so cluttered that I always used to get confused about which one he is. I used to wish there was a count on who is which stars so no one would claim my star as theirs. And that's exactly what it's about data as well. There is so much data in the market that there is no count about what comes from where and who has created it. It makes it less reliable, less accessible and less reward enabling. The companies seeking the data are not being able to get what they exactly need and even if they do it's not enough. The smaller AI companies and machine learning companies don't get the amount of data they require for their algorithms. Hence there is a need to account every structure of data created, put them into larger group and start an accountable use of it. And that's exactly what a platform called Quadrant is doing.

Quadrant

This is a Blockchain powered platform which tracks unorganized data and aims at making a ecosystem where all the data is traceable, accountable and authentic. The platform also has a innovative way of linking the whole data market to the space and its data as stars in the space. As the stars are cluster and unorganized, that's the nurseries stage of data. Here the data needs to be accounted by its creator and double checked on the Blockchain. Next how we make a constellation of starts, the data is also classified into groups called pioneers which makes all data of one type easily available. After a lot of constellation of data come together a mega constellation can be form which can help in getting innovative solutions to real life problems. And this is what divides Quadrant from its competitors. Quadrant makes the data available to consumers in nurseries, constellations and mega constellations which can be purchased through QUAD or eQuad which are the two tokens used by the platform. They are committed to make data available freely and in large quantity.

Tokens used on the platform

The two types of tokens used on the platform are QUAD and eQuad tokens. QUAD is the utility token that is used solely for the platform while eQuad is an ERC-20 token which can also be used externally. There would also be a payment gateway to convert both the tokens into each other. The users creating the data would be rewarded in these tokens and the consumers seeking data would pay their dues in the same. As and when the number of people ok the platform would increase the price of the tokens would also appreciate.

Conclusion

The Quadrant platform would create a systematic and organized group of data which is right now scattered and all a mess. It would prove to be a boon for all the members of the market like the data creators, data vendors and data consumers. This will revolutionaries the whole market and create an all new ecosystem of data creation and usage. It will trigger clarity in the market and an all-round development because even you know that the cluttered space of data is now getting organized.

Website - https://www.quadrantprotocol.com/

Whitepaper - https://www.quadrantprotocol.com/whitepaper.pdf

ANN - https://bitcointalk.org/index.php?topic=3676988.0

Telegram - https://t.me/quadrantprotocol

Published by - Etheran

Profile - https://bitcointalk.org/index.php?action=profile;u=1108165