Quadrant
Welcome my dear friends.Quadrant is designed to work with both centralized and decentralized services.
The architecture consists of a key block, customers (Data Producer, Data Consumer and Anchor) and guardian nodes.
Quadrant will work on the basis of the mechanism of coordination of authority for processing larger number of transactions, which made for faster transactions and restrictions from entering malicious data into the network. The external network Proof of Work is used as an anchor for security purposes. Currently, The Ethereum blockchain will be used for binding, but if necessary, it can be replaced by any other.
Quadrant Protocol is created in the form of a network Protocol based on blockchain, which provides access, creation and distribution of confirmed products and services. It is envisaged to operate under a programme that will provide an organized system for the use of decentralized data.
Quadrant maps disparate data sources to potentially create new innovative data products to help companies meet their needs.
This should be possible through the participation of the following stakeholders:
Nurseries-the Atomic Data Producers (ADP), which create original data records. They create Stars (raw data), which can then be grouped into Constellations.
Pioneers-data providers who create products with smart contracts on Quadrant.
Elons-visionaries who use created data products and together with them, create new and unique products and services.
Guardians-the main nodes that protect the integrity of the chain, ensuring that it will not be compromised. They ensure that Constellations created by data providers will not be compromised and will provide data stamping, authentication and verification services.
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Trends
Quadrant aims to create a data economy for big companies like Google and Facebook, in turn, reducing their impact.
Quadrant also aims to address the opacity issues in the data industry, leading to a lot of scams when companies hide their sources. Thanks to the transparency promoted by the project, companies will be able to track the sources of the data they have paid for and want to use.
In addition, Quadrant guarantees that all data providers will receive adequate and fair compensation, as the first creators, called "nurseries", are often not taken into account in making the profits they provide to aggregators or companies.
Advantages
The advantage of Quadrant is that the origin of all data is always known. Any interested party can find out the origin of the data feed at any time.
It is impossible to overestimate the importance of trust data economy. Without this, the current problems will remain. People will still carry out transactions in such a way that it will be fraught with risk. All technologies in the world will not be able to provide reliable data from different sources to companies that need it.
Constellations are expected to be the key to combining disparate data sources in a way that can be used by data consumers to compete with large firms.
Constellations are designed to allow everyone to have access to the data they need when they need it. This may inspire a new generation of scientists to search for revolutionary ideas and to create new enterprises. It will also give people the opportunity to earn rewards by combining data sets into valuable data products.
Pioneers will be able to prove ownership of their data products and provide a guarantee of transactions. Quadrant will potentially help them become a reliable supplier.
Nurseries should be rightfully rewarded for any data they provide, no matter how many times it is sold to pioneer-s in the Quadrant network. They will be able to see how far down the chain their data is being used, and they can provide their data to multiple Constellations that solve different problems.
Elons have the potential to change the world using the Constellation. They should be able to create links between disparate data sources to develop new products that will help each of the individuals, small and medium-sized enterprises, and giant companies. There is no doubt that the world needs it if people are going to meet the challenges of the future.
It is expected that there will be new use cases in which individual devices and sensors will be rewarded for the contribution of data. Applications that use IoT or mobile devices require millions of separate endpoints to create useful data products. Each of these endpoints will receive a reward in the form of micropayments. These payments will be made using the quadrant network's Quad token.
Tokens
Quadrant will use two different currencies:
QUAD, a utility token, is intended for use exclusively on the network. It will be used to stamp data, maintain simple and complex access structures, simple and complex subscription payments, and for Elons clusters.
eQuad is an ERC-20 compatible token that will be sold during the Token Generation Event (TGE). It can be converted to a QUAD through a gateway when the main Quadrant network is started.
TGE will have a solid capitalization of $ 20,000,000.
If the TGE increases by more than $ 7,000,000, the collected contributions will be blocked and transferred within 4 years, 40% of which will be available after the close of the eQuad token sale, and the remaining 60% will be issued annually for sale at a fixed rate of 15%.
This is intended to ensure the long-term success of the Quadrant, eliminating the risk of overspending in the early years.
Softcap is - $3 million
The hardcap is - $20 million
Currency for the purchase of token - ETH
The cost of one eQuad will be-0.05 USD / the day before the sale will be tied to Ethereum/
The distribution of tokens will be as follows:
40% - crowdsale-will be placed for sale
20% - will be retained by the Company as reserve funds.
20% will be allocated for consulting, operational and security purposes.
A 10% reserve, will be distributed to the affiliate development and expansion of the community with the aim of attracting participants,
10% will be distributed to the Quadrant Protocol team (these funds will be initially frozen and made available after 5 years).
Citizens of the United States, Canada, New Zealand, the people's Republic of China and the Republic of Korea or those who failed to pass the KYC/AML test will not be able to participate in the ICO Quadrant
Road map
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Project team
Mike Davie - CEO and founder of Quadrant
A veteran of this field, Mike Davy has extensive experience working with leading blockchain technology leaders from Asia, the Middle East and North America. Mike founded Protocol Quadrant plan mapping of decentralized data.
Barkha Jasani-Head of scientific and technical development Department
With more than 8 years of software development experience, Barkha is leading a comprehensive development of a platform for Quadrant Protocol. She is currently leading the development of blockchain architecture.
Sharique Azam - an Architect of Big Data and the programmer of the blockchain
The ball is a Big Data specialist who has mastered the various processes, methods and technologies involved in data collection, transformation and management. Now the Ball is engaged in the development of the private blockchain for Quadrant Protocol.
Roger Ganga-data and Android Blockchain Developer
As a specialist in in-depth data Analytics, Roger is also engaged in the development of blockchain for Quadrant Protocol, creating smart contracts (Data Smart Contracts).
Everett Leonidas-Consultant
Everett is a specialist in large enterprises and startups with 6 years of experience in corporate Finance, 5 years in technology companies and 3 years in corporate enterprises. He is an expert in corporate strategy, business design, market launch and ecosystem development. Everett advises the Quadrant Protocol team on corporate development and partnership.
Jeremy Seow-Partner, ChainRock
Jeremy is a partner of ChainRock. Prior to ChainRock, Jeremy worked as senior product Manager at Zendesk, where he developed the Zendesk Message product. He advises the Quadrant Protocol team on ICO planning, and development strategy.
Whit Walker-growth Strategy
White is an experienced strategist, investor, entrepreneur and business development professional who has experience in managing the market in a team. He is an expert in product development, strategic planning and implementation, POC testing and market entry strategy. White advises Quadrant Protocol on ICO planning.
More info:
САЙТ: https://www.quadrantprotocol.com
White Paper: https://www.quadrantprotocol.com/whitepaper.pdf
Telegram: https://t.me/quadrantprotocol
Facebook: https://www.facebook.com/quadrantprotocol/
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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