REVOLUTIONIZING MASS DATA DISTRIBUTION – THE QUADRANTPROTOCOL PROJECT

jtwale (32)in #ico • 6 years ago

Data is the new oil. Data feeds the ever growing and ever hungry information technology sector. Without massive amounts of data, it is very difficult to predict patterns and arrive at conclusions which can help solve complex problems. The hottest developments in the technology field – artificial intelligence, machine learning and Internet of Things – require or generate massive amounts of data, which are then fine-tuned to generate results or solve problems. Big corporations which already have access to massive amounts of personal data – such as Google or Apple can come out with better research and ultimately better products when it comes to implementing artificial intelligence or machine learning. Firms with restricted or no access to trustworthy data pools often miss out on implementing cutting-edge research using new technologies. These firms often fall prey to faulty database for conducting researches. The QUADRANT PROTOCOL Projectaims to change this. It wants to revolutionize how massive and trustworthy data pools can be shared for research and other applications, without compromising on the security of the data. This is a truly welcome move for the entire information technology community.

Data is very fragile. Right from collection to storage and then analysis – all these steps require validation and protection of data. Without validation or protection of data, it may bring forth unforeseen circumstances. In order to speed up research on Big Data, Artificial Intelligence and Machine Learning, data is the main required component. Without massive amounts of verified data, it is just not possible to test out state of the art and revolutionary algorithms that will shape the future of mankind. Often, corporations are ready to pay enormous amounts for verified data. However, the organizations which have already collected the data may not want to sell to other organizations. This brings in scrupulous players in the market who wants to benefit by selling false data to organizations for research. QUADRANT PROTOCOL Project wants to put an end to this data monopoly by the big organizations. It proposes to create a blockchain based transparent and secure ledger system to store verified data to aid research across various fields. A project of this scale has never been implemented before and the interest level of various organizations is quite high in The QUADRANT PROTOCOL Project.

The QUADRANT PROTOCOL Project aims to fund the development of the blockchain based ecosystem and marketing and outreach campaign through an Initial Coin Offering (ICO). Investors can buy the QUAD token by participating in the Initial Coin Offering. The token can be used to pay for all the services in The QUADRANT PROTOCOL ecosystem – from obtaining data for research purposes to validating authentication of data. It will be based on the Ethereum blockchain and will be a standard ERC 20 token. Later, The QUADRANT PROTOCOL Project will shift the operations to its own public blockchain. The team leading the project brings in multiple years of industry experience across various domains. They have come up with a unique strategy to boost QUADRANTPROTOCOLas the major provider of authenticated data sourced from trusted agents. The stakeholders in the ecosystem are divided into four categories: Nurseries (creator of raw data), Pioneers (transforms the data into smart contracts, Elons (build applications based on data) and Guardians (protectors of data). All the four categories of stakeholders interact with each other to power The QUADRANT PROTOCOL Ecosystem

The QUADRANTPROTOCOL Project is truly a game changing blockchain based project. Blockchain has already disrupted multiple industries across multiple sectors. The revolutionary model on which the digital ledger system of blockchain works not only makes transactions secure but also ensures that these transactions are transparent. QUADRANTPROTOCOL will bring in a revolution to the practice of data gathering, storing and using it for research. All the data will be cross verified using Proof of Data Authentication technology and secured using private keys on the blockchain. QUADRANT PROTOCOL Project will ultimately revolutionize the entire data ecosystem which further will aid in quality advancement in deep tech research. This might be one of the best projects in the blockchain space in 2018!