QUADRANT PROTOCOL; CREATING A PERFECT BLUEPRINT FOR DATA UTILIZATION ON THE BLOCKCHAIN

in #data6 years ago (edited)

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Many businesses lack the ability to utilize the available data they have, and this in turn affect their system of operation. However, most company don't suffer because of their lack of useful data, they do, due to the inability to make full use of the available ones.

For instance, if a hungry boy is left alone in the house filled with many food substances concealed from him, the boy doesn't suffer due to the lack of food but due to his inability to access or utilize the available food substance.

Same thing is applicable to many businesses, they suffer from the lack of adequate knowledge to access or utilize data in their system and many from the absence of important data. For this reason, the Quadrant Protocol surfaced, not only to grant access to data but to enable data creation, as well as forster the distribution of many data.

THE QUADRANT PROTOCOL

This platform was created to shed light to many businesses, by enabling data creation, allowing access to the created data and ensuring that there is a perfect distribution of created data services and products.
Since it is sure that quite a number of organisation employs Artificial Intelligence, machine learning and data science, there is need for a well connected and authentic data.

These data however, would allow the perfect use of these advance technology in these organisations. With the arrival of Quadrant protocol, data creation becomes very expedient.

How Quadrant Protocol works

Quadrant Protocol creates a structure that aids the exchange of DaaS and AI services between organizations and in doing so, vendors of data will be able to sell their data using smart contracts, and buyers will be able to get the source of their data.

Why should we use the Quadrant Platform

⚫️The platform will ensure that there is no duplication as well as the aggregration of data, and a platform in which there is a high level of transparency and decentralization.

⚫️As a converging point, Quadrant will bring together all the data , information sources as well as IoT devices and sensors, bringing all of these together to form a suitable market place for data. Now we realise that the blockchain is considered the best solution to the unchangeable proof of data authenticity, and this in turn is the basic aspect of data economies. Knowing that the data economy can't work without a trust medium, the platform is carefully adopted on the blockchain to suffice for trust.
The connection to data sources is made possible so as to be used by anyone in the system.

⚫️Quadrant platform allows its users to build upon their existing data and prevent people from doing or creating the same thing over and over again.

Token

Quadrant Protocol proposes two tokens for its network and these are eQUAD and QUAD. The eQUAD is a token that is built on the Ethereum blockchain and will be sold during the Token Generation Event (TGE) and may be changed into QUAD if desired while QUAD is a coin indigenous to the platform, can only be used exclusively on the network and can be used for a variety of functions such as to stamp data, subscription payments and for staking.

Conclusion
In conclusion, this platform allows payments to be made to the appropriate parties whenever a data product is been sold in the Quadrant platform. However, this platform allows the automatic payments for data product and sevices as well as incentives. Using the QUAD token, all forms of micro payment on this platform can be handled no matter how many the contributors to this project are.

Quadrant will also collaborate with an existing data management platform like the DataStreamX platform, in order to provide services that will develop the Quadrant Platform and make data accessible to many business organizations to utilize.

TOKEN SALE INFORMATION

Price; 1 eQuad= 0.05$
Softcap: $3,000,000USD
Hardcap: $20,000,000 USD
Total token supply: 1,000,000,000eQuad
Token Type: ERC 20

Token Distribution is as follow
40%= Crowdsale
20%= Company
20% =Stakeholders
10%= Reserve
10%= Team

DATA PROVIDERS
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PARTNERSHIPS
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Stay updated with the project here
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Authors Information
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1954514
Bitcointalk username: cryptoboss12

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