Quadrant protocol is a platform which was created for effective data usage from original sources which is advantageously for everybody.
The basic problem of the global market is insufficient authenticity and actuality. It was arisen because of not enough motivation of the data creators. The another problem is follows after the first is the insufficient availability. The big companies which use the data for their algorithm development are able to finance the data collecting and analysis. But at the same time not so big consumers don’t have the access to the data because they are very expensive for them.
Quadrant protocol was created for the data exchanging process optimization and also for balance of the forces between big and small companies. Platform guarantees the clarity of economical space and gives the possibility for everybody to get and check the data reliability. It became possible because of the special type of work Quadrant protocol.
The system unites the communities are smart contracts for separated sources and provides the fair reward as an incentive. Both data creators and data distributors will be able to earn payment for each data usage. It is a very good incentive for work, because today in another system only the first data usage is paid. Quadrant protocol has the possibility of creation the community of several smart-contracts, it means that several data sources are in one system.
Quadrant protocol is aimed to work with centralized and decentralized systems. The platform consists of base block, and storage nodes for the clients. The mechanism of authority approvals will provide bigger amount of the transactions and lower price, and also it will limit the harmful nodes in the system.
The Technology for the Quadrant Protocol
Quadrant protocol has a lot of functions for the decision of the problems in the data ecosystem, such as:
- The mechanism of truth approval and plausibility check of data based on the blockchain technology.
- The unification of separated sources of information.
- The bonus and reward system.
- It has its own safety network called Proof of Work.
- The traditional using of Etherium platform.
The stability of blockchain provides reliable and clear information providing because the source will be securely connected with data.
All the spheres of human activity need in data for evolution of analytical processes. Quadrant protocol will be very popular because needs for information is rapidly rises especially with the fast growth of Internet of Things and innovation technologies. But of course any fast-growing process generates a large amount of row data and without meticulous analysis no one company or branch won’t able to develop and any algorithm data need to be 100% truth and Quadrant can guarantee these process.
At the year of 2016 the international data company which is named IDC valued the global scale data and analytical information about business processes in 131 billion US dollars. This figure can increase to 200 billion US dollars by the 2020. Dresner – the consulting service evaluation company announced that the companies used 36% more data for the last 2 years as than before.
Quadrant protocol will accent the attention of alternative data system in which all the companies will be able to consolidate in a necessary information access. And in the future developers of the platform are going to expand the activity in the medicine and Internet of Things.
Quadrant protocol will use two tokens in its platform. One of them called eQuad which is supported by the ERC-20 standard and another is QUAD which is internal currency created for supporting all the functional possibilities of the platform and providing Quadrant protocol possibilities. The ICO has already starts in June 26, 2018.
Quadrant Technology Roadmap
Token Sale: 26 Jun – 26 Jul
Token Ticker: eQuad
Token type: ERC20
PreSale Token Price: 1 eQuad = 0.05 USD
Fundraising Goal: 20,000,000 USD
Sold on pre-sale: 15,000,000 USD
Accepts: ETH
Total Tokens: 1,000,000,000
Available for Token Sale: 40%
More information & recommendations:
Quadrant Website https://www.quadrantprotocol.com/
Quadrant Twitter https://twitter.com/explorequadrant/
Quadrant Telegram https://t.me/quadrantprotocol
Quadrant Bitcointalk https://bitcointalk.org/index.php?topic=3676988.0
Quadrant WhitePaper https://www.quadrantprotocol.com/whitepaper.pdf
My Telegram contact: t.me/AbyZaki
My Account BTT https://bitcointalk.org/profile;u=1096335
Thank you for Supporting, Upvote, Resteem & Follow me
