Overview of Quadrant Protocol - a new word in the data economy.

in #blockchain6 years ago



The work of algorithms requires a large amount of validated data. However, in today's world it is often difficult to find reliable sources. The difference between people who have the ability to accumulate and store information, and people who cannot do this, has never been so visible. But even after discovering the source of the data, no one can guarantee their originality, which hinders the work of algorithms. In this situation, the intermediaries do not worry about improving the quality of the information transmitted by them, since they do not receive any compensation for this. Thus, there is a demand for fair payment, without which it would be impossible to create a transparent information network to meet the demand for reliable information. The Quadrant protocol can be an alternative in such a desperate situation

What is the Quadrant Protocol?

Quadrant Protocol is a networked decentralized platform that operates on the basis of blocking technology. It is necessary for the formation and preservation of data, and, of course, the exchange of data. In addition to storage, the Quadrant Protocol also correlates the flows of disparate data, creating innovative products in the field of Big Data.

The Quadrant Protocol architecture consists of three parts: the private block Quadrant, the protection nodes of the network (nodes) and the customers themselves (those who supply data and those who acquire the data, respectively).


Features

   Functionality of the Quadrant Protocol for solving problems in the data ecosystem:

• a mechanism for verifying the truthfulness and reliability of data based on blocking technology;

• unification of disparate sources of information;

• system of rewards and rewards;

• external security network - Proof of Work;

• use of the Ethereum platform.


The Quadrant Protocol project team.

The Quadrant Protocol project team is not numerous, but definitely promising. All employees are professionals in the field of data economy, most of them previously participated in the work on DataStreamX - an online marketplace for huge amounts of data, provided in real time.

The CEO and founder of Quadrant Protocol - Mike Davie - for a long time worked with leading players in the market of blocking technologies in Asia and the US, as well as in the Middle East. Sharique Azam , an expert in the field of Big Data , creates a private blocking system for the Quadrant Protocol.

Advisers:

- Dorjee Sun is the director of Santiment.net, the industry leader in crypto-currency data. Earlier, he was an entrepreneur and co-founder of 20 companies, 4 of which went into the sale of assets.

- Benedict Chan is the technical director of BitGo and has been working on the development of blockbuster platforms since 2012. 

 - Hari Krishnan - CEO of PropertyGuru, an experienced business leader and entrepreneurial expert. 

Conclusion

   Effective use of data is a scourge of our time. Without a qualitative collection of reliable information, it is impossible to develop successfully in any field of activity. The disparity of consumers and data providers leads to disastrous consequences for the development of new work algorithms. Quadrant Protocol has all chances to take a leading position in the field of accounting and publication of data, thus ensuring equal rights for everyone. 


Additional links


Website: https://www.quadrantprotocol.com


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


Twitter: https://twitter.com/explorequadrant


Telegram Group: https://t.me/quadrantprotocol


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


 Prepared by:


Bitcointalk Username: chamika888


Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1261329  

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