Over the years, huge amount of Data has been required to power algorithm, and the demand for authentic healthy data is rapidly increasing. Despite this high increase in the demand of authentic data, data economy is still facing alot of flaws, the problem of authenticity is a major case, this is because the supplier of it are not propely incentivised. In other to met up with this demand a healthy and transparent data economy has to be in place.
Quadrant protocol has come In the midst of this loopholes to profer solution to this problems. Quadrant protocol, has come with the aim of creating a blockchain based protocol which enables the access, creation, and distribution of data products and services with authenticity and proven access. Monetization of the way data are managed is another vision of quadrant protocol.
In the current data economy, widening gap is seen between data vendors and data producers in terms of fair revenue distribution, which is a challenge to the data economy. Quadrant protocol is on the line to restructure the data economy using the blockchain technology. The use of the blockchain technology will help reduce cost, bring trust and transparency to the data ecosystem.
“Artificial intelligence (AI) is coming of age, tackling problems both big and small by making interactions simple and smart. AI is about to become a company’s digital spokesperson. AI is becoming the new user interfaces (UI), underpinning the way we transact and interact with systems. Seventy- nine percent of business leaders agree that AI will revolutionize the way they gain information from and interact with customers.” Quadrant protocol envisions itself creating a promising future for the quality, transparency, and authenticity of the data received by AI companies, helping them create insights and services that have far-reaching effects.
The advent of data protocol is to revolutionized the data economy with the use of blockchain technology, to enhance transparency, reduce cost and bring trust to the data ecosystem. This project is a very promising one, I can recomend it to all investors.
For more information visit this links
Website: https://www.quadrantprotocol.com/
Ann Thread:https://bitcointalk.org/index.php?topic=3676988.0
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