QUADRANT PROTOCOL: MAKING DATA MAPPING ACCESSIBLE TO ALL USING BLOCKCHAIN TECHNOLOGY
INTRODUCTION
Generally, there are four fundamental issues confronting the data economy and these are increasing artificial intelligence data gap among those that have and those that haven’t. Another one is the omnipresent and fake data nullifying the relevance of almost any algorithm.
Thirdly, the problem of interruption in data fuels an unsustainable production mechanism when they move offline and lastly unequitable revenue sharing formula for the original data givers.
The above-discussed issues affects the stakeholders of the data system-the consumers, the sellers and the companies producing the data. User organizations are coming to welcome data analytics, engineering, machine training and artificial intelligence in an even more complex manner than it has ever been.
GAPS IN THE DATA INDUSTRY
A marked level of turmoil is beginning to surface between supply and demand in the data world. Even as many other companies build in-house data engineering and analytics abilities, the need for data is bound to grow swiftly.
Similarly, increasing number of smartphone production, the purchase of enormous data capturing options and the introduction of IoT have led to an ever-growing quantity of unmodified data.
When juxtaposed, it is glaring that the demand for genuine data will experience a rapid surge. But then, the data supply chain we have on ground cannot satisfy the demand for data. This is where the Quadrant Protocol and network comes in as a viable and lasting answer to this issue.
THE QUADRANT PROTOCOL
The Quadrant Protocol is designed to be a blockchain-oriented network protocol that gives access to, initialization and sharing of data and allied services with genuineness and assurance at its centre.
It is planned to serve as a roadmap that offers an arranged mechanism for the data sources such that latest, exciting data products can be produced for companies in need of data. The stakeholders includes Nurseries, the atomic data producers, the Pioneers, the Elons and lastly, the Guardians.
FEATURES OF QUADRANT PROTOCOL
Quadrant protocol is planned to sport the following qualities that are set at assisting in uncovering the issues in the data world.
- VERIFICATION OF DATA GENUINENESS AND PROVENANCE
The basis of the data works needs to be premised on trust. Blockchain is the ideal option to repose this trust as it presents an inexcusable track record of past actions. Quadrant will demand that every data is openly approved in order to always know its root. Any stakeholder can understand the origin of a data coming in at just anytime.
- FAIR REMUNERATION AND INCENTIVE SHARING
With Quadrant, users need disturb themselves about the amounts of data required by each Nursery whenever the joint data products is disposed of via the Quadrant network. Via the aggregation of the Quadrant protocol, Pioneers can tell precisely the Nurseries that add what and the quantities each one should get. Every part of this is executed automatically with no need for assistance by third parties.
BENEFITS OF QUADRANT PROTOCOL TO STAKEHOLDERS
Quadrant protocol stands to benefit the stakeholders in many folds. For instance, data users such as artificial intelligence, AI, machine training and other data-demanding companies are designed to have access to genuine data needs. With this, they will attain the best output.
THE OUTSTANDING PROJECT TEAM
THE ADVISORS
PROJECT PARTNERS
CONCLUSION
Quadrant protocol is a data management software that seeks to use the blockchain solution to bridging the gap between the demand for and the supply of data for all class of consumers. By purchasing the Quadrant token, uses of data can transact with the assurance of genuine data and uninterrupted supply.
For more information about the project, please visit the following links:
WEBSITE: https://www.quadrantprotocol.com/
TELEGRAM: https://t.me/quadrantprotocol
WHITEPAPER: https://www.quadrantprotocol.com/whitepaper.pdf
BITCOINTALK ANN: https://bitcointalk.org/index.php?topic=3739014.0
TWITTER: https://twitter.com/explorequadrant
AUTHOR: dapero
BITCOINTALK PROFILE URL: https://bitcointalk.org/index.php?action=profile;u=1653612;sa=summary