QUADRANT PROTOCOL : DECENTRALIZED MAPPING OF DATA.

in #quadrantprotoco6 years ago (edited)

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Quadrant aims to resolve problems associated with the current data economy. This is because of the gap that exists between those with the means to collect and save their own data and those who do not. The kind of data that those who do not have means of data storage have access to is often fragmented, hence, produces poor results when fed to algorithms.

PROBLEMS FACING THE DATA ECONOMY

There are four problems facing the data economy. They are:

Al data gaps between the have and have-nots

Unlike Large companies, small companies find it difficult to procure the volumes of diverse data needed. This is because they do not have the resources to acquire and store the needed volume of data necessary for their AI activities.

Fake and unauthentic data

Data Vendors are not always trustworthy, the bad elements among them try to game the data economy system by selling fake, copied and misrepresented data. This unauthentic data results in a dire result.

Unsustainable Data ecosystem

The cost of maintaining a data stream diverse and authentic is not cheap, without proper revenue sharing, no entity can constantly avail data over the long-haul if they are not well remunerated for it.

Fair Revenue Distribution

Producers of the original data should be motivated monetarily so as to ensure the continuous production of data.

The stakeholders- the consumers, the vendors and the entities producing the data suffer from the problems of the data economy. The problem begins when the aggregators do not have all the essential data. The Data Consumers end up buying from multiple aggregators. If these aggregators have related sources, the data consumer will end up purchasing duplicate data resulting in a waste of time and money. Without authentic data, firms will not be able to accomplish the desired results needed to succeed in this new, data-driven world.

THE QUADRANT PROTOCOLS

The Quadrant Protocol is envisioned to act as a scheme that offers an organized system for the use of decentralized data

REDUCTION OF CROSS-POLLINATION

Stamping of data at the quadrant source will assure data Consumers that their data’s are obtained in the same state as when it was created. Data Consumers can easily prove that they received the data as projected by the Pioneers. This also saves the risk of purchasing duplicate data from the quadrant network

THE TECHNOLOGY FOR THE QUADRANT PROTOCOL

The Quadrant Protocol is created to work in cooperation with both centralized and decentralized services. It is an ingestion, processing, and storage agnostic.

Technical Details

Quadrant is designed to have the following features and services:

  1. Data Stamping Protocol

  2. Open Constellations

  3. Data Enhancement

  4. Stamp Verification

  5. Public Chain Anchors

  6. Network Nodes and Clients

MARKET PROSPECT AND DIFFERENTIATION STRATEGY

Market prospect

Quadrant market will be targeted towards that uses data for analytics purpose i.e. to unravel complex problems and to detect trends in the market

QUAD AND eQUAD

QUAD is an important part of the Quadrant network, it is a non-refundable utility token which are designed to be used as a unit of exchange between participants on the Quadrant network whereas "eQUAD" is designed to be the placeholder token prior to QUAD launch,

RISK ASSOCIATED WITH PURCHASING eQUAD

  1. Uncertain Regulations and Enforcement Actions

  2. Inadequate disclosure of information

  3. Competitors

  4. Failure to develop

  5. Security weaknesses

Token Details

eQuad Supply:1,000,000,000 eQuad

eQuad Distribution: 40% Crowd-sale, 20% to be held by Company, 20% Stakeholders, 10% Reserve, 10% Team

Type Of Token: ERC-20

Public Sale: To Be Announced

ROADMAP
quad rd.jpg

TEAM
qua teammm.jpg
qud team 2.jpg

USEFUL LINKS:

Consider checking out the links below to know more about this mind-blowing project. Join the telegram community and follow on various social media.

Website : https://www.quadrantprotocol.com/

Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf

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

Telegram community : https://t.me/quadrantprotocol

Twitter : https://twitter.com/explorequadrant

LinkedIn : https://www.linkedin.com/company/quadrantprotocol/

Writer's Bitcointalk Username : bl3zzy

Writer's Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1328702qd adv.jpg

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