“Quadrant is not a promise, but a working blockchain business, solving real issues and opening the path for new ways of monetizing and improving the data space.”

-Jehan Chu

Quadrant is protocol based on blockchain that allows for the access, creation and distribution of data products and services

THE PROBLEM

There have been allegations that some factions or nations are influencing elections and democracy using Facebook and Google, before now softwares and websites were designed to solve a particular need,u sing open source initiative,many deemed it fit that software and access to the web should be free and that websites should be given equal access, everything soon charged when corporations and businesses began to realise that arena of attention has shifted to the web,lots of research and investments were been poured in to capture the digital footprints of internet users,profile and categorize this data and sell them to businesses and corporations for advertising,no doubts ads themselves are not evil but the process of delivering such as been an appalling experience for users on a daily basis coupled with the concerns over privacy

The concentration of power on one entity

Nation states exist with separation of powers and power hierarchy enshrined in their constitution,certain laws,budget, spending and other operations cannot be done without the approval of certain concerned parties,the internet world can be divided into two domains : the free domain (the USA, other nations excluding China) and the great firewall domain(China) ,the former is dominated by giants like Facebook, Twitter and Amazon and the latter by giants like Alibaba, Baidu and Tencent

The problem that the likes of facebook pose is that they are basically the data monopoly,what they do with the data thus leading to transparency concerns and who gets financial rewards for these data(of course,users are exempted)

GOAL

The goal of the quadrant protocol is to provide mechanisms and infrastructures that will dis-intermediate the data economy,offering transparency of data and providing meaningful compensation for data generators(nurseries)
These will enable Quadrant facilitate the exchange of DaaS(Data as a service) and AI(artificial intelligence) services among different exchanges,apart from the ability to buy and sell Data and AI services,track the authenticity and provenance of data,Quadrant will provide tools that will anyone individuals or companies to build a whole new suite of products and services on the top of the network

NETWORK PARTICIPANTS

Quandrant is an ecosystem of network participants whose goal is to provide easy access to data exchange services

Nurseries : They constitute the smallest unit of data providers just like atoms, they create stars that can be grouped into constellations

Constellations : it is a entity of multiple data sources mapped out and that can be transacted between parties

Pioneers : these are entities that create data products with Quadrant smart contracts

Elons :the entities that utilize the created data products and with them build new and unique products and services. They rely on constellations created and constellation blueprints to make sense of the data space which they will travel through

Guardians : The promote against breach and data compromise, Quadrant will engage the services of masternodes.

Quandrant ecoystem will consist of data vendors, AI service companies, APP/SDK developers, DaaS firms, University/Innovation labs

DATA PROVIDERS

Quadrant has already engaged the services of companies like Barchart, Factset ,WDT, Dataspark, exchange data international, circus social,Thomson reuters, Info-communications Media Development Authority(IMDA) and others,any other Daas or AI service firm that can be part of the network{contact the team [email protected]}

TOKEN UTILITY

Quad , the Quadrant protocol token will enable the submission of stamps to the network,simple and complex subscription payments, staking for access

TEAM

Mark Davie CEO : Mark Davie is the CEO of Quadrant, he is also the CEO f DATASTREAMX, a marketplace for the exchange of data generated form M2M and big data applications,he previously worked at Samsung (https://www.linkedin.com/in/mdavie/)

Barkha Jasani director of engineering : She was awarded the National Award for e-Governance 2012-2013 in India , she has 8 years of software development experience,she is focused on architecting Quadrant decentralized solution and the core development of its blockchain ecosystem
And many others https://www.linkedin.com/in/barkha-jasani-52568a15/

ADVISORS

Pavel Baines : the amazing CEO of Bluezelle, a decentralized database for blockchain networks is on board to provide technical advice to the team
https://medium.com/quadrantprotocol/pavel-bains-joins-quadrant-advisory-board-21de9fe510ae

Benedict Chan CTO@ BitGo, Bitgo has processes over $10 billion in transactions per month,Chan will be assisting with technical advice

Dorjee Sun : COO @ Santiment.net, Community Advisor
Santiment, a platform and community that connects the dots to enable investors have access to crowd wisdom and psychology as they pull big data clusters and human experts together to provide market and investment insights,Dorjee Sun will be providing community advice

Some of the supporters/partners behind this project include Amazix, bluezelle, chainrock, wavemaker,Draper venture network, Openspace ventures, kinetic capital and their online community
See links :https://medium.com/quadrantprotocol/kenetic-capital-joins-quadrant-protocol-advisory-team-3c5035b972da

ICO DETAILS

ACCEPTED CURRENCY : ETH
PRICE per token = 0.05
SOFT CAP :$3 million
HARD CAP :$20 million
TOTAL SUPPLY : 1 billion
ICO DATE : June 26th
TOKEN DISTRIBUTION : crowdsale 40%, company -- 20%, Stakeholders 20%, 10% Reserve, 10% Team

FUNDS USAGE

30% -- for research and development
35% -- Business and network development
25% --- Operations and security
5%-- Legal, accounting and compliance
5% -- Treasury
For more details See :https://medium.com/quadrantprotocol/quadrant-token-economics-76cb5428efba

ROADMAP

Q1 2018 : Testnet release, data stamping contract testing, initial client testing
Q2 2018 : Token sale event, Data stamping protocol release, Onboard selected Data-streamX users onto Protocol
Q3 2018: Constellation protocol release, constellation explorer release
Q3 2019 : Enable micro payments for Nurseries
Q1 2020 : distributed guardian nodes

As at June 12, HOSHO has released an audit report on Quadrant protocol smart code code

LEARN MORE

Website : https://www.quadrantprotocol.com
Medium : https://medium.com/quadrantprotocol
Telegram : https://t.me/quadrantprotocol
Twitter : https://twitter.com/explorequadrant

***** THIS IS A SPONSORED REVIEW AND DOES NOT CONSTITUTE A FINANCIAL ADVICE, PLEASE DO YOUR OWN RESEARCH*****