It is no news that cryptocurrency is "the order of the day," especially in this new age. The evolution of the concept has brought some light into the entirety of some businesses and industries while the rest are even considering giving a shot. It is also no gainsaying that there are some problems within and in some industries that are only effectively managed by the blockchain technology even though some are yet to divulge its essence fully. But basically, few individuals have an idea of what it entails, also if it is just on the surface. ![quadrant2.png] Some problems are resident in data economy, some of which include, AI Data Gap, Unauthentic Data, Unsustainable Ecosystem, etc. All these led to the primary development of Quadrant. The Quadrant blueprint (otherwise called plan or guide) is that since the data economy can be likened to space, very chaotic and unmapped, they are a guide to provide a system organized for the utilization of decentralized data. ![quadrant3.png] Quadrant is just one of the very many developed cryptocurrencies, but one with a deep insight into the future of decentralized data based on the blockchain technology. To be specific, Quadrant is a protocol (blockchain-based), which enables the access, creation and even the distribution of data products and services. These are delivered and offered with the core authenticity. Expanding on the problems above with the data economy which Quadrant has recognized, it is true that the creation of AI innovations is a difficult task for small companies because they do not have access to the bulk of data needed by their algorithms. Not only that, even when they have some bit of access, they cannot produce genuine algorithm result because the authenticity will at the end be questioned. Finally, as a result of an unsustainable ecosystem which is evident to all, data producers do not have the required incentivization to deliver the amount of authentic data they can use since all they get is some compensation for the first sale. Having seen these sides of the business, Quadrant is particular about proffering adequate and appropriate solutions to these problems through:
Data Stamping: Quadrant stamps for authenticity by allowing everybody interested in the purchase of data to trace and confirm the creator of the data.
Constellation Creation: In a way, which is most effective, pioneers are dared to venture, and Quadrant enables them to create the first Data Smart Contracts which they can deploy to create new data products.
Enriched Data and Services: Imagine a level of empowerment that lets the brightest minds work on creating mega constellations, that is new products and services. This is quickly and possibly done with Quadrant.
Moreover, the business use case of Quadrant includes nurseries, pioneers, and Elons. Developed by a conglomerate of professionals, who have basic engineering, IT, blockchain and marketing experiences, Quadrant is going to operate on a Proof of Authority consensus mechanism to take care of more transactions, operate at a lower gas price, achieve quicker transactions and prevent attack of the data by the entry of some malicious nodes. In other words, security is undoubtedly guaranteed.
Links:
Website: https://www.quadrantprotocol.com/
WhitePaper: https://www.quadrantprotocol.com/whitepaper.pdf
Facebook: https://www.facebook.com/quadrantprotocol/
Twitter: https://twitter.com/explorequadrant
Telegram: https://t.me/quadrantprotocol
Medium: https://medium.com/quadrantprotocol
ANN: https://bitcointalk.org/index.php?topic=3676988.0
Author: https://bitcointalk.org/index.php?action=profile;u=1776760
