SOLVING THE PROBLEMS FACING DATA ECONOMY
Amongst the data ecosystem, It is easier for big companies to acquire data enough to run its daily activities compared to smaller companies. The gap between the small and large company is of great distance, the authentic of the data acquired is also of major concern and this data is not easily sustainable especially if it is free plus there is no incentive or revenue distribution what so ever.
Quadrant protocol is geared towards fixing the above issues mentioned by providing a blueprint or mapping disparate data sources. Quadrant is developing a protocol for the ethereum blockchain that enables access to create and distribute data for product and services. Its aim is to provide an ecosystem for the utilization of decentralized data.
The key features this protocol is offering include but not limited to Proof of data authenticity and provenance, constellations for disparate data sources, fair remuneration and incentive sharing. Some of the use cases of the Quadrant protocol include nurseries, pioneers and elon. Elon is the biggest data mind linked with constellation which can be used by data consumers to solver real-world problems, this is what makes Quadrant different from other protocol projects as the incorporation of AI technology. Quadrant will run a proof of authority consensus mechanism in order to accommodate high speed transactions, operate on low gas fees and is readily scalable. Quadrant protocol can be used for both centralized and decentralize platforms or services. The small company would now have a level playing field as the large cooperation in the world in terms of data and data processing and market value. for more information on what Quadrant Protocol is trying to do refer to the links below
Website: https://www.quadrantprotocol.com
Telegram: https://t.me/quadrantprotocol
ANN Thread: https://bitcointalk.org/index.php?topic=3676988.0
Bounty thread: https://bitcointalk.org/index.php?topic=3739014.0