QUADRANT PROTOCOL: BRINGING INNOVATION INTO DATA ECONOMY USING BLOCKCHAIN ECOSYSTEM

INTRODUCTION
The emergence of data over the years has given rise to the importance of data to individuals and most especially to industries and companies. Data has become a strategic asset which can be exchanged and sold for financial benefits. In the new data economy, there is a need for organizations to evaluate their structures and their overall corporate identity. There are lots of complexities in the determination of how to evaluate the potential uses of different types of data.

The data economy is now being referred to as the new oil and as such the focus of the whole world is on it. This major reason makes it very important to highlight the problems facing the data economy. Data economy is faced with four major challenges which need solutions. The problems are:

1. A widening AI data gap between the haves and have-nots: This is talking about the inability of small and medium companies to procure the needed data for their AI activities. This is majorly due to lack of resources required in collecting and storing the data.

2. Fake and unauthentic data: There is a high tendency of having fake data because of the fact that it has been monetized. In order for people to make money due to the monetization of the data economy, they tend to give fake data with the sole aim of making money and this makes it difficult for data consumers to properly vet data at the point of buying it.

3. Data sustainability problem: If data is not monetized, it will be difficult for it to be sustainable in the long run.

4. Unfair revenue distribution for the original data producers: In the data economy, there is no fairness in the chain of revenue distribution because the original data sources are not well compensated financially.

The emergence of Quadrant Protocol has brought solutions to these and many more problems associated with the data economy. Quadrant Protocol provides a well-organized system for proper utilization of decentralized data. The features of Quadrant Protocol that will assist in solving the problems in the data economy are:

• Proof of data authenticity and provenance: Blockchain technology is employed to ensure that data is authenticated so as to raise the level of trust in the data collected.
  

• constellations for disparate data sources: This will ensure level playing ground making it possible for everyone to have access to the data they require regardless if it is small, medium or large companies.

• fair remuneration and incentive sharing: The pioneer of data will not feel cheated again because they will be fairly remunerated.

TOKEN DISTRIBUTION

ALLOCATION OF CONTRIBUTION

CONCLUSION
With the brilliant solutions provided by the Quadrant Protocol and the dedicated team behind this project, it is imperative to encourage investors to invest in the project.

TEAM

ADVISORS

ROADMAP

FOR MORE DETAILS ON QUADRANT PROTOCOL, VISIT THE FOLLOWING LINKS:
Website: https://www.quadrantprotocol.com/
Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf
Facebook: https://www.facebook.com/quadrantprotocol/
Telegram: https://t.me/quadrantprotocol
Twitter: https://twitter.com/explorequadrant
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