As children, we have all always admired constellations, haven't we? I remember spending nights on the terrace under the starry sky with my cousins, gazing at and trying to find out as many constellations as we could. Lying there, connecting the dots, forming images and linking them to other images – constellations did and still signify linkages; linkages that are easy to spot and maintain.
Growing older, this concept of connecting dots and making constellations have stayed back with me whenever I am stuck – like it eases things up. Be it arranging personal stuff, planning for an event or memorizing something for later reference, connecting dots always helps, doesn't it? So when it comes to handling large chunks of data with utmost precision as well as ease of handling, can connecting dots help again?
Well, apparently, yes.
Introducing Quadrant – A blueprint for mapping decentralised data
The world of data economy faces several issues today, the chief ones being the amplified breach between the haves and have-nots of Artificial Intelligence, unjustifiable false data, and biased dispersal of proceeds among data creators.
Artificial Intelligence, being the widespread phenomenon that it is today, suffers from scattering of several chunks of useful data over several different industries, without a proper resource for managing it and making it available to all. This has also lead to fake data globally, while also making the lack of a sustainable ecosystem for data resources evident. The main sufferers then are consumers, stakeholders and vendors of data in particular, and the entire data economy in general.
The Quadrant Protocol, a blockchain based networking solution envisages burning issues to data management and emerges as a successful platform for admission, formation, and circulation of authentic, globally accessible and well-organized data products. On its basic levels, it is targeted to act as a blueprint for efficient organization of data into 'Constellations' enhancing linkages to make data management a much easier task.
Services and Features
In its initial days, Quadrant aims at providing such services to its users that shall allow for data stamping, stamp verification, networking nodes and clients, data enhancement by Elons and public chain anchoring. Designed to work on both decentralized and centralized mechanisms, Quadrant aims at handling more and more data transactions at lesser prices, besides achieving speed and reducing forgery in the same.
The Stakeholders
At its organizational level, the Quadrant Protocol shall divide stakeholders into:
Nurseries – for the creation of original authentic data records for forming the Constellations
Pioneers – for creating data products on the Quadrant platform with Smart contracts
Elons - for creating unique and well-crafted services out of these data products
Guardians – for protecting the veracity of the Constellations and linkages
Why Quadrant?
Any economy is lifeless without the pillars of trust. The Quadrant Protocol uses trust as its underlying principle by relying all its services on the transparency and security of the blockchain. With the decentralization of data, any stakeholder globally has access to any data feed, and the distribution of data product thus experiences a fair and unbiased approach.
With the concept of Constellations, different data sources from around the world can be assorted and linked together to be brought under the same frame. This may allow the breeding of new ideas and business strategies, while also building prospects for new inventions, brands, and ideas. People shall get a chance to come closer and interact better with disparate data sources brought together.
Token and ICO Details
eQUAD and QUAD are the two different currencies on the Quadrant platform. QUAD is a utility token to be used only within the Quadrant ecosystem, while eQUAD, an ERC-20 token, shall be sold at the Token Generation Event. The two currencies are interconvertible. With a hard cap of 20 million USD, the number of eQUAD tokens to be generated at the TGE is 1,000,000,000. The soft cap value is 3 million USD. 1 eQUAD = 0.05 USD.
Verdict
The world of data economy is consistently brewing with opportunities and growth. There is a new company each day, trying to develop scientific and data-analytic capabilities in order to produce data products for exponential acceleration of services and supply. In such a scenario, there will also be, on the side, an increase in the verge of fake data producers, on the lookout for heavy profits. This leads to the compulsion for a platform for an able organization for data as well as the generation of an authentication protocol for managing larger and large chunks of data. The Quadrant protocol serves the same function, only it adds to the bonus pillars of transparency and security by being a blockchain based network solution. Definitely worth an investment because of its prospects and abilities.
For more details visit: https://www.quadrantprotocol.com/
Telegram: https://t.me/quadrantprotocol
ANN Thread: https://bitcointalk.org/index.php?topic=3676988.0
Author: yalsik.s
Profile: https://bitcointalk.org/index.php?action=profile;u=1943321