QUADRANT PROTOCOL: BRIEF REVIEW

aabl3zzy (2)in #quadrant • 6 years ago (edited)

Technological revolutions have invented new techniques and ways of tackling big issues with ease and convenience, to accurately figure out a solution for any issue, data is needed. To power today's algorithm for economic growth, there is a need for a vast collection of data. There is an ever-increasing gap between those who have the resources to collect data and those who lack the means to, oftentimes, the validity of data collected by those who lack the resources to collect it are questionable, this is because such data produces poor results when fed to algorithms. Part of the reasons why data lack authenticity, is because the producers and sellers of these data's are not adequately sensitized, and there is an unfair revenue district's that exists for both the producers and sellers of data. The demand for genuine data's will increasingly not be met until there is a healthy and transparent data economy, Quadrant aims to solve this problem by providing a blueprint for mapping different data sources. It will aid proof of data authenticity and originality through data stamping, and the creation of data smart contracts for different data sources and a fair reward incentive sharing producers and sellers of data.

Data collection inefficiencies over the years have been corrected through the invention if Quadrant. Upon its platform, data consumers can trust the reliability of data purchased by them. Data producers are given a fair remuneration each time their data is used, and sellers of data have all the encouragement they need to create innovator data smart contracts. With the new Quadrant transparent ecosystem, there is assurance for data users or consumers to get the data they need and genuine ones at that. Quadrant's major potential is in its ability to engage "ELON" ( the brightest data minds) to find missing links between different data smart contracts and, in exchange create mega smart contracts that can be used by data consumers to solve real-world problems, here is what keeps Quadrant distinguished from its competitors.

THE QUADRANT PROTOCOL
The Quadrant protocol is as a blockchain based network protocol that allows the access to, creation and distribution of produced data and services with authenticity and originality at its prime. The Quadrant protocol is to be made feasible via the engagement of the following stakeholders :

Nurseries: the atomic data producers(ADPs) that invented the original data records, they create unused data which can further be grouped into data Smart contracts.
Pioneers: sellers of produced data.
Elons: these are great minds that utilize produced data and with them, build new and unique products and services.
Guardians: these are the master nodes that keep intact the integrity of the blockchain, making sure it is not altered or violated.

FEATURES
Quadrant possesses the following features that are aimed at solving data economy problems :

proof of data authenticity.
constellation for disparate data sources.
fair remuneration and incentive sharing.

TOKEN INFORMATION

Symbol: eQUAD
Total Supply: 1,000,000,000.00 eQUAD
Token type: ERC-20 Compatible
Decimals: 18
Contract Address: 0xC28e931814725BbEB9e670676FaBBCb694Fe7DF2

ICO INFORMATION

Accepting: ETH
Soft cap: 3,000,000 USD (Reached)

Hard cap: 20,000,000 USD

Whitelist/KYC: KYC & Whitelist

Price: 1 ETH = 10,782 eQUAD

Unacceptable Participants: Citizens of Canada, China, Korea, 
New Zealand, USA, UN Sanctioned Countries, 
or participants who fail to successfully pass KYC/AML checks.

Public Sale: 26 June 2018 - 26 July 2018.

TOKEN DISTRIBUTION

ALLOCATION OF CONTRIBUTIONS

SUMMARY
Many organizations rely wholly on data to make decisions and produced desired results. For any set objective to be achieved, there is a need for data, authentic data equals great results, while non- authentic data's yields disappointing results. With the invention of the Quadrant platform, companies, industries, institutions and even households will have access to authenticate data, thereby making their decision-making process easy, quick and efficient.

TEAM
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