QUADRANT PROTOCOL : DECENTRALIZED MAPPING OF DATA.
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:
Data Stamping Protocol
Open Constellations
Data Enhancement
Stamp Verification
Public Chain Anchors
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
Uncertain Regulations and Enforcement Actions
Inadequate disclosure of information
Competitors
Failure to develop
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
TEAM
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=1328702
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