DATA AUTHENTICITY AND PROVENANCE: OUR CORE DUTY, THE QUADRANT PROTOCOL

in #cryptocurrency6 years ago

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The 21st Century has experienced humanity’s highest and largest upsurge of technology usage. Technology is needed in almost every aspect of an individual’s life and its demand continues to grow each day. Digital data is one aspect of digital technology that is also growing at a very fast rate. Data is needed in almost every digital technology. There are various digital technology platforms that require the use of appropriate data integration for optimum performance. With that being said, the algorithm will work based on the type of data it is fed with. But there is a problem, and that is associated with the type of data utilized. These problems are of so many forms of which some are related to the validity of the data, sources of the data, and also the remuneration obtained from the data. This is the reason why the Quadrant Protocol has been established to help make the use of data a very convenient one from creation, transfer, usage and remuneration. The blockchain technology has been integrated in this awesome innovation to help make the data usage ecosystem convenient and profitable one. See the website: https://www.quadrantprotocol.com

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The Quadrant Protocol is a platform created to provide a proof of data authenticity and provenance using data stamping and fair remuneration and incentive sharing. One may ask what data stamping is. It involves the creation of constellations or data smart contracts for disparate data sources, according to the whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf. Quadrant Protocol is going to bring into existence an innovative platform that will make data authentication and provenance a very trusted and secured one.

THE MAIN FEATURES

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The mechanisms that the Quadrant Protocol are described as follows;

  • Proof of Authentication and Provenance- this is where the blockchain technology will be integrated most. Trust in data will be built and the record of historical data will help in allocation of trust level

  • Constellations for Disparate Data Sources- this feature will also enable individuals to build their data from other existing ones other than creating a whole new data set, and additionally, it also provides a ground for fair distribution,

  • Fair remuneration and incentive sharing- the constellation method will pave way for this fair distribution of remuneration. So with this, every piece of data will be worth something

TOKEN SPECIFICATIONS

The Quadrant Protocol shall integrate two tokens that will complement each other to propel the project further. These two tokens to be used will be: eQuad (ERC 20 token based on the Ethereum Network) and QUAD tokens (platform utility token). The cumulative functions of the tokens are to use them as a unit of exchange on the quadrant network.

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Quadrant is organizing an ICO to raise the required mount of funds to make the viysion a reality. You can find details of the tokensale at https://quadrantprotocol.com

Get in touch with Quadrant at:

Website: https://www.quadrantprotocol.com

Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf

Telegram: https://t.me/quadrantprotocol

Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3676988.0

Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=3739014.0

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Nice job done @kwabeedat. Keep up with the good work you are doing. I will be following your posts. The project also looks interesting too. Will look at it carefully.

thank you very much for the complement

Nice article. I will surely join this project

Great project. A must read article

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