REMODIFICATION OF DATA SHARING & INCENTIVE MECHANISM WITH QUADRANT

Virtually all business setups today requires access to huge data can be used to improve its efficiency, when we say efficiency we mean that which transcends over its hundreds of customers; However given the economic costs & difficulties that come with the collection of accurate data over time, it is pertinent that businesses, organizations, coöperate bodies take not just proactive but also discerning approaches to providing incentives for accurate data. When we say collecting incentives in exchange for data we mean that the process has to be underpinned by a technological prowess that can effectively make the aim of incentives for data achievable. Every viable entrepreneur or manager knows that its success lies in its ability to be able to find which data sources are available? who is ready to give his or data out? How can the data owner be effectively compensated ( incentivised), will data collected be enough to propel a level of insight for action & adequately help to develop a predictive mechanism that can drive more business prospect as well as opportunities. Collection & effective dissipation of data requires strategies techniques that can stand the taste of time. Even though there seem to be a handful of objective techniques for collection & incentive for data, time to time reviews have shown that they are mostly impeded too much data, from too many diverse sources, that will with time overwhelm the business aims and later cloud the authenticity of the business plan. Blockchain strives to automate & reorganize the analogue processes of data collaboration and incentives for data. With quadrant as a protocol developed under the auspices of blockchain to ease the dissipation of data origin & in turn make sure the development of products/innovations that are data propelled, the quadrant blockchain ecosystem has a hashing algorithm that is used to authenticate data whenever it joins the network. This hashing algorithm has achieved the possibilities of making sure data giving in exchange for incentive within the ecosystem are not just adequate but also genuine, quadrant perspective is unique because its blockchain based ( cryptocurrencies) and possess the ability to democratize data. Quadrant is coming on the hills of challenges of inequality, data exploitation & paucity of authentic data. The nature of data, its modes of collection & collation overtime have created enormous monopolistic power for bigger data-oriented platforms like Facebook, Amazon, twitter & google as against smaller companies. Countries have in a way of trying to curb the monopolistic menace in data generation & distribution have developed data silos but most of this data silos are not connected. Quadrant will not only create the basis for interconnectivity of this data silos all over the world but is also capable of providing a decentralized ecosystem for data because it is blockchain enabled.

ABOUT QUADRANT

(1) DATA GENERATORS

Quadrant comprises first of all data generators or data nurseries also called quadrant, this data generator usually generate different data and then upload their data to the ecosystem. It is then authenticated by the hashing algorithm.

(2) CONSTELLATIONS

This procedure precedes the decentralized process of data hashing in the quadrant, constellation is formed from smart contract and they are usually run based on data accumulated by blockchain immutable ledger & mapping of this data respectively, pioneers ( developers) of constellation constantly are saddled with the responsibility of ensuring that the constellations are disbursed to users of this data (Elons) within the ecosystem network

QUADRANT TOKEN

off cause all blockchain enabled ecosystem ( network) must have taken as a major means of effective distribution of dividends to all its members using the aid of smart contract, with quadrant TGE ( token generation event) it uses the EQUAD to propelled its network and uses the same EQUAD to ease all payments within its ecosystem.

TOKEN DETAILS

Ticker: EQUAD

Token type:
ERC20 ICO

Token Price: 1 EQUAD = 0.0500 USD

Fundraising Goal: 20,000,000

USD Sold on pre-sale: 15,000,000 USD

Total Tokens: 1,000,000,000

TEAM INFORMATION

ADVISOR

CONCLUSION

Quadrant is an initiative birthed out of years of data paucity & inadequacy in trust when it has to do with data collation, the birth of quadrant was an invention of Mike Davies he uses his years of experience in information technology to not just resuscitate the data economy but to also give ample opportunities for promoting of cryptocurrencies and its investors . Even though it is still in its early stage of full implementation quadrant promises to be a propellant turn around in different sectors that critically requires data for its operation.

For more information visit:

Website: https://www.quadrantprotocol.com/?utm_source=icodrops

Whitepaper : https://s3-ap-southeast-1.amazonaws.com/quadrant-home-secure/assets/images/Quadrant_Protocol_Whitepaper_V1.0.pdf

Facebook: https://www.facebook.com/quadrantprotocol/

Twitter: https://twitter.com/explorequadrant

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

Telegram community : https://t.me/quadrantprotocol

https://www.linkedin.com/company/quadrantprotocol/

Writer's Bitcointalk Username : samelvis

Writer's Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2076423