Quadrant Protocol's Advantages

in #crypto6 years ago (edited)


Website | Whitepaper | ANN | Telegram | Bounty

By https://bitcointalk.org/index.php?action=profile;u=2230830

Quadrant Protocol is a framework for definitive interactions between data creators, data analysts, and developers. Quadrant Protocol serves as a good business solution because it can create a more efficient exchange of data in any industry. The protocol's data life cycle framework will deliver a number of advantages.

Advantages

  1. Quadrant Protocol creates a framework with which data products can be made without the need of a centralized company. It brings the people needed to build a data product in a single framework and defines the purpose of each. As smart contracts ensure the payment to each for the work done, a reliable, trustless environment ensures the data creators, analysts, and developers perform their tasks. Quadrant Protocol wants to remove the need for companies that only serve data product development. If Quadrant can develop the framework that can provide a company's ability to create data products but in a decentralized environment, then the cost of data products reduces while more money is left for the people who made the product.

  2. Quadrant Protocol initiates the data life cycle when a creator embeds a personal stamp on data. Smart contracts can track that stamp and will ensure when data products are bought, a portion of the payment makes its way back to the creator. This allows Quadrant Protocol to fulfill its purpose of mapping the data universe. This allows Quadrant Protocol's developed framework to justly deliver a constant flow of money to creators contingent upon the amount of usage their data receives.

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.027
BTC 65174.92
ETH 3530.16
USDT 1.00
SBD 2.51