In an era when the Internet has become accessible, the problem of authenticating information, which is distributed in huge amounts from a variety of sources, is very relevant. This greatly complicates the construction of algorithms and systems that use large amounts of data.

The QUADRANT Protocol platform intends to solve this problem and form a new decentralized data market, the authenticity of which will be confirmed.

QUADRANT Protocol: problems to be solved

QUADRANT Protocol platform solves a number of problems that exist in the modern information field:

• The lack of authentication. Most data providers are simply not interested in validating the information due to lack of sufficient incentives. QUADRANT Protocol will allow manufacturers and data providers to receive payment for the verification of the provided databases.
• The lack of a market. Many companies and users who own large databases simply keep them "in the table" because of the lack of really effective and reliable platforms for their sale.
• High deficit. Even if there is an urgent need to obtain any reliable data, it is difficult to obtain them, due to the lack of a single market.

Thus, the QUADRANT Protocol solves quite urgent problems that affect many areas of activity. Genuine data is a valuable resource for virtually any business, company or user.

QUADRANT Protocol: platform mechanics and tokens

There are 3 functional clusters that participate in the internal relationships of the platform:

• Data producers;
• Suppliers-intermediaries;
• Consumers.

All data purchase and sale transactions are carried out through smart contracts, and the data is verified for authenticity. Such a structure of the platform ensures the honesty of relations between users and guarantees the quality of information products.

Two types of tokens will be used within the platform:

• eQuad
• Quad

Both tokens are built on the Ethereum blockchain in accordance with the ERC-20 standard. EQuad tokens will be sold at the token sale stage, in the future through a special gateway they can be changed to the main Quad tokens. They will become the main means of payment of the platform after the launch of the main network.

The total issue of tokens will be 1 billion coins, 400 million of which will be sold on the ICO. The date of the token sale has not been set yet.

Conclusion

The QUADRANT Protocol project touches upon an important problem of modern technologies-the lack of a reliable data market, which is used in DaaS and in the training of weak forms of artificial intelligence. Accordingly, in the future, the platform can be widely distributed around the world.

More information about the QUADRANT Protocol project can be obtained from official sources:

WEBSITE: https://www.quadrantprotocol.com
TELEGRAM: https://t.me/quadrantprotocol
WHITEPAPER: https://www.quadrantprotocol.com/whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=3676988.0
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=3739014.0
TWITTER: https://twitter.com/explorequadrant
FACEBOOK: https://www.facebook.com/quadrantprotocol/
REDDIT: https://www.reddit.com/r/quadrantprotocol/

MY BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=1238493