QUADRANT PROTOCOL SEEKS TO ENSURE CIRCULATION OF AUTHENTIC DATA

Blockchain has grown in classic innovations over the years and its use case has made it so popular in crypto world, but not to limit blockchain, blockchain use in crypto is one of the many function and use case of blockchain technology. One of the most prominent feature and use case of blockchain it’s the capability of blockchain to improve data quality, security, and validation. This article explains one of the use case of blockchain technology implemented by a wonderful platform.
Blockchain is a dispersed database or record that keeps track of growing list of transactions. Blockchain is characterized by its decentralized feature which makes every operation open and accessible to all and will be easy to validate the authenticity of every data recorded on the chain. Blockchain process and store these data on a multiple distributed system which makes it difficult for anyone to alter the authenticity of the data.
To advance technologically, developers needs quality and accessible amount of data, but bad as it may appear the relative data available now are not authentic as the source cannot be fully verified. Most of the data that lacks authenticity are delivered by data suppliers who are not motivated or encouraged financially. Humans tends to produce best quality product if they are properly motivated and encouraged. The data economy is built in such that data vendors and producers do not get a better part of the revenue that comes into the system, and this is having a negative effect on the authenticity of data supplied by these data producers and merchants. To maintain validity and reliability of the data we supply into our various algorithm there is an urgent need to address the source of the data, and this can be best achieved by leveraging on blockchain technology to provide a fair distribution of incentives among the various stakeholders of data.

The role of quadrant protocol in achieving authentic data
Quadrant protocol understands the risk of fake data and the effect it will have on the present-day algorithm, this is why quadrant protocol team has developed a platform that will sustain the data economy and keep in the free flow of authentic data. For producers of data to keep delivering authentic data there has to be a source of motivation. Quadrant protocol has mapped out plan to disburse fair reward for data stakeholders, including the data producers.
Back in time in the data economy, data producers are rewarded once which is not an actual measure of the input and effort they have invested to deliver these data, most are times data vendors gets to get the big bag of the profit, with quadrant protocol, data producers gets to get actual share of their reward for effort and resource invested to produce the data.

Most humans will tend to manipulate the system since there is monetary rewarded attached when they produce and deliver data, which will not be beneficial to the system. In order to prevent such from happening quadrant has map out some strategic means to counter such act.
• Proof of Data Authenticity
Blockchain standout As one of the best technology that is transparent, its decentralized feature makes it difficult for records to be manipulated, with the help of blockchain technology, quadrant will ensure that every data coming that’s being delivered carry a stamp to acknowledge its source and origin. The client receiving the data and verify the data to check its authenticity, with this the risk of unauthentic data will be reduced to the barest minimum.

The constellation mechanism, ensures that every stakeholder in the data economy has fair and equal access to the data they need. With constellation also, it will be possible to allocate fair data incentives to those that deserves it, through constellation, it will be easy to the determine the respective quota of data contributed by a data producer, which will enhance effective fair distribution of incentives.

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CONCLUSION
Quadrant is not just out for the monetary gain in crypto space, but they are also out to provide real time solution to problems affecting the data world. All plans are already in place to see that its being achieve, and very soon fake data will be eliminated totally.

For more information visit:

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