QUADRANT PROTOCOL: AUTHENTICATING DATA THROUGH THE BLOCKCHAIN

INTRODUCTION

While technology is advancing with the use of blockchain and various applications on the blockchain, some of them have not been able to solve real life problems that are facing the data economy as there have been several cases of data mis-management e.g. a buyer buys data from the data vendor and the data is supposed to last for a period of time, then suddenly in less than that then stipulated time, the data finishes and there is no way to trace how the data was used which is very suspicious and there are even cases of counterfeit data.

The problem of chaos as a result of non-originality of data, lack of transparency which thereby causes fraud has been hoarding the data economy for a while now and it just keeps on getting worse as there have been no channel to rectify this issue.

Thankfully, this is what Quadrant protocol has come to do as it enforces transparency and traces all data transactions made with the use of blockchain technology.

WHAT IS QUADRANT PROTOCOL?

Quadrant protocol is designed in such a way that distribution, creation, and access of data services and products are done with the use of blockchain to prove its authenticity. It will be the roadmap or blueprint for the usage and organization of both centralized and decentralized data.

FEATURES OF QUADRANT PROTOCOL

With the use of Proof-of-Data authenticity, all data using the quadrant will be stamped for record of its origin thus making blockchain the solution since all records made on it are immutable and will have correct past records and therefore building trust as any data economy cannot function without trust.

The presence of constellations in the Quadrant Protocol is to connect various sources from where data is coming from so that the data can be used by anyone as data can be built on it instead of having to create the same thing over and over again by people.

Through the use of Artificial Intelligence (AI) remuneration and rewarding incentives will be done automatically i.e. when a product get sold on the platform, the payment for the product is immediately given out to the appropriate parties.

BENEFITS OF QUADRANT PROTOCOL

• Originality and authenticity of data can be proved as a result of data stamping and acquisition of such data becomes easier.

• There is a very high level of transparency as data created is trust worthy and genuine.

• Helps companies by giving them the capability to build on the data they get while recreating into something better for themselves.

• Protects companies against fraudulent data as the verification tools for data audits are secured.

TOKEN INFORMATION

The platform unlike others makes use of two types of tokens on the platform. It uses the eQuad and the Quad tokens. Investors will only be able to buy the eQuad tokens during the public sale. The Quad tokens will be available once the exchange launches.

PROJECT ROADMAP

CONCLUSION

Quadrant Protocol is an astonishing idea has it will build up the data economy while solving issues such as lack of transparency in the data industry, compensate both data providers and buyers as data becomes traceable and building trust and dependability.

PROJECT TEAM

THE ADVISORS

DATA PROVIDERS

USEFUL LINKS:

WEBSITE: https://www.quadrantprotocol.com/

TELEGRAM: https://t.me/quadrantprotocol

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

AUTHOR'S INFORMATION

BITCOINTALK USERNAME: dapero

BITCOINTALK PROFILE URL: https://bitcointalk.org/index.php?action=profile;u=1653612;sa=summary