REALITY OVERVIEW

What has changed in the last decade? Smartphones and the internet have made the data rich, popular and valuable. Whether you're running, watching television, or even just sitting in a car, almost all your activities create digital traces - raw materials to produce data. When devices from the watch to the car are connected to the Internet, the amount of data is increasing: there are estimates that a self-driving vehicle will generate 100 gigabytes per second.

Meanwhile, artificial intelligence techniques also help to generate more value from the data. The algorithms can predict when customers are ready to buy an item, a jet engine that needs maintenance or a person at risk of diseases. Industry giants such as GE and Siemens now see themselves as data companies. Around the turn of the century, oil is considered as the most valuable resource. Now that throne has shifted to digital industry where data has become invaluable.

However, there are many problems surrounding the data economy. There is an increasing gap between those who have the resources to collect and store their own data and those who are not capable of doing so. Their data is often fragmented and problematic - data types produce poor results when introduced into algorithms. Part of the reason why data is lacking in authenticity is because its vendors are not properly encouraged. Revenue distribution does not exist for both the manufacturer and the data provider. Without a healthy and transparent data economy, the demand for increased authentication data will not be met. These problems were solved, let's me introduce about Quadrant to you.

PROJECT OVERVIEW

What is Quadrant protocol?

Quadrant serves as the blueprint that provides an organized system for the utilization of the centralized data. They provide infrastructure that facilitates the exchange of DaaS and AI services between organizations. Quadrant also aims to address the inexplicit issues in the data injured industry which lead to a lot of fraud where companies are hiding their source. With transparency is advertised. Quadrant companies will be able to track data sources for the right purposes as well as ensure that they receive the data they have paid and that is what they want for their application. The Quadrant assures that all value chain data providers receive equitable compensation because the original creators called nurseries are often left behind when it comes to profit generated by the data.

How it work?

The main participants in Quadrant are Nurseries, Pioneers, Elons and Guardians. The Quadrant works on the Proof of Authority mechanism. They process more transaction at lower prices, gain faster trades, and minimize toxic nodes. An external Proof of Work chain will be use as an anchor for security purposes.

The stamping protocol is a system use to provide the authenticity of data. We have the nursery atomic data that will create original data records. They create “stars” (also known as raw data) which can be grouped into constellations. Nurseries will be remunerated appropriately for any data they provide regardless of how many times. It is sold by Pioneers on Quadrant Network. It will be able to see how far up the chain that their data is used, they can provide data to multiple constellations that solve diffrerent problems. Pioneers - data providers create data products with smart contracts on the Quadrant. Pioneers will be able to prove the ownership of the data product and ensure that they transact only what they stamp.

Project will potentially help them to be seen as transparent and trusted supplier. They are designed to ensure consistent sharing of feeds with entities that use their feeds as well as automated incentive sharing. We have Elons – the visionaries that utilize the creative data products with them, build new and unique product and services. They rely on constellations and design constellations that are meaningful in terms of data space. They will travel throught. Elons have the ability to change the world by using the constellations mapped to the Quadrant.

Guardians is the master nodes that protect the integrity of the chain ensuring that it is not compromised. The Guardians ensure that the constellations created by Pioneers are not compromised and provide the services of stamping authenticity. Quadrant is intended to have following features that are aimed at helping to solve the problems of the data economy. Proof of data authenticity provenance constellations from disparate data source and fair remuneration and incentives sharing. The foudations of the data economy must be built on trust. Blockchain is the perfect candidate to facilitate the trust. It offers an immutable record of historical activity. Quadrant require all data which is publicly stamped, so the origin will always be know. Any stakeholder can learn the provence of a data at any time.

TEAM

They have a big team and strong advisors. The Quadrant project leader is Mike Davie. He is also the CEO of DataStreamX. DataStreamX is an online marketplace for real-time data including those created by M2M, IoT and Big Data applications. The experience from DataStreamX inspired him to create the Quadrant. The rest of them come from DataStreamX, who are talented people in various fields to contribute to the success of the project.

Core team

Advisors

TOKEN

The Quadrant network will use two different currencies for its protocol: eQuad and QUAD. eQuad is a digital token reserved for the ERC-20 standard on the Ethereum block that will be sold and can be converted to QUAD via the gateway when the final Quadrant Network is launched.

QUAD is a utility token that will be used as a unit of exchange between participants on the Quadrant network. QUAD is required as a virtual "fuel" encoder to use some of the functions designed on the Quadrant network and be consumed to encourage participants to contribute and maintain the Quadrant. Quadrant users / QUAD owners not actively involved will not receive any QUAD incentives. The details of the token distribution are as follows:

CONCLUSION

Along with the development of artificial intelligence, large amounts of data should be used. The authentication of data to provide for algorithms is very necessary. Quadrant builds on the data economy and works on eliminating issues related to non-transparency in the world of data industry, whereby companies will be able to track the source data. It also aims to provide good compensation to the data providers. In addition, the project has a great team and most of them come from DataStreamX - a project that also involves data and it is also growing prosperity. In general, I find the project very potential from the human factor to the solution as well as the products and services it brings.

USEFUL LINKS

Website: https://www.quadrantprotocol.com/
Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3676988.0
Telegram: https://t.me/quadrantprotocol
Twitter: https://twitter.com/explorequadrant
LinkedIn: https://www.linkedin.com/company/quadrantprotocol
Medium: https://medium.com/quadrantprotocol
Author:
Bitcointalk username: kld_hp
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734