Quadrant Protocol is the Data Protocol

in #bitcoin6 years ago (edited)

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By https://bitcointalk.org/index.php?action=profile;u=2230830

Protocols are the technologies or software that define the boundaries and means of data exchange in computer science. HTTP is perhaps the most well-known protocol as it defines the means of transmitting data over the web. Blockchain can be incorporated into the development of protocols to attain the benefits of security and decentralization.

Quadrant Protocol wants to define the life cycle of raw data and data products. The Protocol defines the function of Nurseries, Pioneers, and Elons and how they must interact with data. Nurseries, Pioneers, and Elons are creators, analysts, and developers, respectively.

Quadrant Protocol instructs nurseries to place a personal stamp on data they create. This starts the life cycle of raw data within the Quadrant Protocol. The raw data is then linked by Pioneers and can then be sold. In the next step of the data life cycle, Elons can use linked data to make Constellations, which are data products. Constellations can be purchased so Elons are paid for their work. A final aspect of Quadrant Protocol comes into effect when the Constellations are purchased. Smart contracts distribute a portion of the money paid for the Constellations to the Nurseries who produced the data used to make the purchased Constellation.

Use Cases:

There isn't a need to make a numeric list of use Quadrant Protocol's use cases. As a protocol, Quadrant defines the life cycle of data in any industry. It decentralizes data in general by giving a framework to creators, analysts, and developers. The framework defines their interactions with each other and smart contracts ensure receival of money. Such a generalized framework can be used by anything that interacts with data.

As an example, a stem cell research lab can stamp data and sell it to Pioneers who can link it with other relevant data. Elons can buy the Constellations and then create data products that are useful for pharmaceuticals. When a drug corporation buys the Constellation, the stem cell will receive a portion of the money.

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