Quadrant Protocol - A Highly Accurate Data Marketplace And Digital Mapping System

in #blockchain6 years ago

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"Big Data" and data-driven companies have always been fraught with inaccuracies, "middlemen", wasted spending, and highly aggressive/unorthodox practices. The reasoning for this is simple and makes a lot of sense. Data in our digital society is more valuable than ever and holds the keys to helping businesses evolve and move forward. The more accurate business and personal data are, the more satisfied customers will be when the products they buy become new and improved.

And Quadrant Protocol offers much more than competing data marketplaces and sales venues of the past. Dated data verification technologies, along with the needless intermediaries and middlemen that come with it, can't compete with advanced Blockchain technology.

Check Out A Few Of The Quadrant Protocol Features!

eQUAD and QUAD Tokens - The Quadrant Protocol system houses 2 separate forms of on-site currency. The eQUAD and QUAD tokens. They are designed to compliment each other and keep the site running at 100% efficiency.
eQuad is an ERC-20 compatible token that can be converted back into Ethereum at any time. It can also be turned into QUAD, which you'll read about below, at any time.
Through the use of the QUAD token, incentive sharing is accomplished without having to burden the mainstream cryptocurrency systems. The QUAD token is non-refundable as a functional utility token.

Incentive Sharing - In order for a data-driven economy to function correctly, incentive sharing is a must. A single piece of data within the Quadrant is only worth fractions of a penny, but many data documents, collectively aggregated together, allow "Constellations" within the Quadrant Protocol system to dispense these payments according to a mass calculation.

Proof Of Data Authenticity - Trust in the data economy is critical. And the current centralized data system has failed in this respect time and time again. But thanks to Quadrant Protocol technology, trust now comes standard. Also, all data transactions are publically stamped and viewable to everyone on the Ethereum Blockchain ledger. Data carries uniquely identifiable hash combinations that must match to verify the authenticity of the data between both the buyer and seller. So if the data itself is somehow corrupted, it will also carry corrupt hashtags.

Centralized Data Stores Have Paved The Way For Decentralized Business

Centralized data has taught us a lot about how long it takes to infiltrate centralized data systems like banks and real estate firms. The methods they use, the actual characteristics and profiles of the people who've committed the crimes, etc. The credit bureau security breach crisis is another example of case files we're learning from.

With no way to disrupt the cryptographic "info-cypher" blocks that match up through multiple access points, it eliminates the possibility of a small-scale criminal enterprise. Meaning, It's impossible to commandeer/master control of every single computer on the Blockchain, as there are many thousands of them. But in order to corrupt even A SINGLE DOCUMENT within the Blockchain system, that's exactly what a criminal would need to do.

For more information, please visit the official Quadrant Protocol:

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