QUADRANT - A blueprint for mapping decentralized data

petrosnoah (25)in #blockchain • 6 years ago

Quadrant is a blockchain-based protocol that enables the access, creation, and distribution of data products and services with authenticity and provenance at its core.

PROBLEMS IN THE DATA ECONOMY

AI Data Gap
Small companies struggle to create AI innovations because they lack access to the volumes of data their algorithms need.
Unauthentic Data
The data small companies do have access to produces poor algorithm results due to its questionable authenticity.
Unsustainable Ecosystem
Data Producers lack the incentives to provide the volumes of authentic data required because they only get compensated for the initial sale.

THE QUADRANT BLUEPRINT
The data economy is similar to space; unmapped and chaotic. Quadrant serves as the blueprint that provides an organized system for the utilization of decentralized data.

BENEFITS

Data Stamping
We stamp for authenticity, allowing data buyers to trace and have proof of who created the data.
Constellation Creation
We dare Pioneers to venture, enabling them to create the first Data Smart Contracts and are deployed to create new data products
Enriched data and services
We empower the brightest minds to work on creating Mega Constellations - new products and services on top of Quadrant.

TECHNICAL OVERVIEW
Quadrant will operate on a Proof of Authority consensus mechanism to handle more transactions, operate at a lower gas price, achieve faster transactions, and restrict malicious nodes from entering data. An external Proof of Work chain will be used as an anchor for security purposes.

Data Stamping Protocol
Pioneers and Nurseries can lay claim to a produced piece of data by stamping it into Quadrant.