Overview Of Quadrant Protocol
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. 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.
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 Protocolwill 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.
The Quadrant Protocol project team.
The Quadrant Protocol project team is not numerous, but definitely promising. All employees are professionals in the field of data economy, most of them previously participated in the work on DataStreamX - an online marketplace for huge amounts of data, provided in real time.
The CEO and founder of Quadrant Protocol - Mike Davie- for a long time worked with leading players in the market of blocking technologies in Asia and the US, as well as in the Middle East. Head of the Department of Scientific and Technological Development - Barkha Jasani . She has more than eight years of experience in the field of software development. It is responsible for the overall development of the Quadrant Protocol platform. Sharique Azam, an expert in the field of Big Data , creates a private blocking system for the Quadrant Protocol.
Here is a screenshot of other members of the team.
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 public sales is 26th June and ends 26th Of July 2018.
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.
The Future of Quadrant Protocol
Already, the project seems very promising. A lot of work has been done to promote: Quadrant Protocol accounts on Facebook and Twitter are actively being conducted, the representatives of the project announce all kinds of events on which they represent their product. It inspires confidence and a solid list of partners who are ready to supply Quadrant Protocol data. Among them are such companies as Thomson Reuters, Exchange Data International, Factset and others. In the near future, we should expect a rapid attraction of investments.
My Conclusion
I would like to note once again how important information is today. The data economy is really in its present form far from ideal, but Quadrant Protocol allows you to bring into this chaos a fraction of the order, creating a coherent system for the use and storage of decentralized data. Release of the Quadrant Protocol platform is expected in the third quarter of 2018. The relevance of the idea, guarantees of security and reliability of data, transparency of transactions - all this makes the Quadrant Protocol an attractive project for investment. I recommend that you take a closer look at this project.
Useful Links For More Information
Quadrant Website: https://www.quadrantprotocol.com
Quadrant Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf
Quadrant Ann Thread: https://bitcointalk.org/index.php?topic=3676988.0
Quadrant Telegram Group: https://t.me/quadrantprotocol
Quadrant Twitter: https://twitter.com/explorequadrant
Quadrant LinkedIn: https://www.linkedin.com/company/quadrantprotocol/
Author Bitcointalk Profile URL
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