Quadrant Protocol review
Information today is one of the most important global resources. We live in the digital age, and it's not surprising that the data on the market is valued at least as much as gold or oil. The importance of information in the world has greatly increased. The consequence of this was the formation of other enterprises, policies, and, of course, the economy that are different from our usual infrastructure.
There are more and more new ways to extract digital information, evaluate it, analyze it, buy and sell it. So there is nothing surprising that representatives of small and medium-sized businesses are faced with a whole heap of difficulties related to information. This and limited access to it, and lack of confidence in its reliability. As a result, it is necessary to spend a considerable amount of money and time for processing not necessarily essential information. Such an approach hinders the development of the market, and my goal was to find such a project, thanks to which the data economy would reach a qualitatively new level. This project is Quadrant Protocol .
What is the Quadrant Protocol?
Quadrant Protocol is a networked decentralized platform that operates on the basis of blockchain technology. It is necessary for the formation and preservation of data, and, of course, the exchange of data. In addition to storage, the Quadrant Protocol also correlates the flows of disparate data, creating innovative products in the field of Big Data.
The Quadrant Protocol architecture consists of three parts: the private block Quadrant, the protection nodes of the network (nodes) and the customers themselves (those who supply data and those who acquire the data, respectively).
Quadrant Protocol will work on the basis of technology of coordination of powers (Proof of Authority) , which will enable to process more transactions for the shortest possible time. To ensure process security, the Proof of Work network will be used .
Quadrant Protocol has the following advantages:
Transparency. The origin of the data is not a secret, and any interested person can access the data feed. The transparency provided by the Quadrant Protocol will help companies to easily track the sources of data that they have acquired and that they intend to use in the course of their work.
Providing optimal conditions for honest and safe cooperation between the platform participants. So, transactions will be concluded with the help of smart contracts. Thanks to them, protection from outside interference and unreliable information is guaranteed.
Availability of an accessible and intuitive interface.
ICO project
Quadrant Protocol plans to use two currencies:
eQuad. We are offered tokens that are compatible with the ERC-20 standard. They will be sold at a special event Token Generation (TGE). Subsequently, they can be converted to QUAD directly after the launch of the Quadrant Protocol platform. One unit of eQuad crypto currency will cost 5 cents.
QUAD. An independent currency that will be used exclusively within the Quadrant Protocol platform.
Soft-cap project (the minimum required amount of funds for the operation) is $ 3 million. 20 million - hard cap (the maximum amount that will be needed). The start date of the start of public sales will be announced in the future.
How will the tokens be distributed?
The distribution of tokens in the Quadrant Protocol is quite typical for the ICO: 40% will be put up for sale (crowd-sale), 20% will be retained by the company as reserve funds, another 20% will be for stakeholders, 10% will go toward developing partnerships and promotion, 10% % will remain for the team itself.
More details
https://www.quadrantprotocol.com/
https://www.quadrantprotocol.com/whitepaper.pdf
https://twitter.com/explorequadrant
https://t.me/quadrantprotocol
https://www.facebook.com/quadrantprotocol
https://bitcointalk.org/index.php?topic=3676988.0
https://bitcointalk.org/index.php?topic=3739014.0
Author: https://bitcointalk.org/index.php?action=profile;u=1987650