QUADRANT Protocol – a decentralized market of genuine data
We are live in the information age, The accurate information is more valuable than every other resource. But the problem is data buyers cannot be 100% verify the authenticity of data, sometimes data is collected from hundreds of sources so their reliability level is very low. Large companies can afford AI technologies that can process a large amount of information and sort the necessary data. Medium and small companies do not have such an opportunity, because of the high cost of these technologies. Quadrant Protocol proposes to create a system of reliable data, in which manufacturers of this data will stamp their materials and continue to earn on the use of this data.
Quadrant Protocol - a modern, decentralized platform, based on blockchain. It is used to create and save data, exchange them for the promotion of own services and products.
Features
The 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;
• the system of rewards;
• external security network - Proof of Work;
• Use of the Ethereum platform.
The invariance of the chain of blockages ensures the reliable and transparent provision of information since the source will be reliably attached to the data.
Advantages over similar developments:
• The tasks that the project proposes to solve are relevant and in demand at the present time, which guarantees its popularity among users.
• With the help of the protocol under consideration, it is possible to ensure full transparency in the sphere of data exchange with various participants.
• Participation in the project allows distributing material resources evenly between collectors and information processors, small and large market participants. • Quadrant Protocol offers an instrument of fair compensation for any participant for the contribution that he made to the process of reliable data exchange.
• Using the protocol makes it possible to guarantee 100% reliability of the primary information used and the correctness of the conclusions drawn on its basis.
• The block-based technology on which this project is based allows to guarantee the absence of information leaks and deliberate modification of data due to the actions of hackers or the work of malicious programs. The applications used for implementing the protocol will have a convenient and intuitive interface, and also work with all currently popular operating systems .
Why invest in TGE Quadrant?
Quadrant is a promising startup, if only because no one had previously come up with the idea of collecting a disparate market of large data pieces (with the exception of DataStreamX). Quadrant should meet on "hurray" in the most different spheres of business.
Quadrant invites DaaS- and AI-companies to cooperate. The startup is interested in having as many useful applications as possible on the platform.
As for the data providers, the Singaporean developers have already secured the support of FactSet, Barchart, DataSpark, Thomson Reuters and many other organizations.
Quadrant is a safe, transparent and efficient platform, instantly blocking nodes that attempt to distribute invalid information, and protects data sets from hacker attacks and other "leaks".
All their plans Singapore startups hope to implement in 2018-2020.
Data validation - how does it work?
The project team pays maximum attention to the method of validating the data on the platform during the development of the project. Quadrant Protocol in offline mode confirms or denies the authenticity of information: when new data arrives, it is carefully checked, the data source is searched, information is compared with similar data arrays, according to the results of in-depth analysis, the data is authentic or vice versa, their reliability is not confirmed . The data recognized as reliable is entered in the "Constellations". Large data providers have access to "Constellations", because the data stored in the constellations are confirmed, they can be bought by large market players. Data providers create smart contracts and offer them for consideration by clients, in addition, buyers can themselves offer to adjust to their terms smart contracts. Quadrant Protocol is a stable, secure protocol that instantly blocks nodes that spread invalid information. Quadrant protects already verified information from possible changes, as well as various "leaks" that make the platform effective and indispensable in the market of information assets.
Command
The team consists of specialists with vast experience in the field of blockchain, IT, marketing, business strategy. With the full team, their work experience you can find on the official website of the company.
Conclusion
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 algorithms.In case of successful implementation of the tasks, the project will create a truly effective and popular platform, which requires a modern sphere of data exchange between different participants. 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
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Bitcointalk Username: chamika888
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1261329