INTRODUCTION
With the advent of technology, every phase of life has paved the way for automation. New and new topics are being explored daily and innovations are being made in every subject matter, be it any industry, any form of business, decision making or problem solving. Trends in machine learning and artificial intelligence (AI) have gained momentum and fuelled the 360-degree growth of humankind. Our automation starts with applications and web. All these are driven by the fuel of data. Every second, infinite number of data is being created, shared, discovered, propagated. The competitive industry is building its point of differences through a thorough analysis of data available and collected about their customers, competitors, trends in market, risks and opportunities, and so on. Mainframe computers in the industry are taken care of by a trusted group of efficient data handlers and algorithm experts. Still there is a data gap when it comes to maintaining chunks of data. Unauthentic and irrelevant data hinders the processes and contributes to less efficient ecosystem. Quadrant Protocol is a block-chain based technology that helps in efficient enterprise information management by ensuring authenticity at its backbone.
QUADRANT PROTOCOL
It is a block-chain based network protocol which creates a user friendly environment for creating, accessing, distributing and maintaining data. It aims to bridge the gap between haves and have nots of data as today data is available but controlled by few centralized sources. Quadrant Protocol provides a decentralized landscape of data products and services to create a large trusted network. It acts as a blueprint to provide an organized system for companies to effectively utilize the decentralized data. This helps companies to build big data capabilities aggressively and build information about the different products being used to fulfil the consent of suppliers. The quadrant's network is guided by a full-fledged architect of block-chain, clients and guardian notes. An external proof of work chain is used as an anchor for security purposes. This mechanism works on consensus of parties involved and handles more complex transactions, operates at low cost prices, achieve faster transactions and analysis and also restrict any malicious data modes to enter the network. It follows a systematic and organized chain of steps for utilization, analysis and creation of data products and services. The stakeholders play an important role. The data producers create original and authentic data called stars which is later grouped into constellations. Data vendors use data contracts on the platform to collect data stars. These constellations and blueprints of it are used by visionaries to create unique data products and services. Finally, the guardians validate and authenticate data. So flow of stakeholders goes from nurseries to pioneers to elons to data consumers guarded by guardians. QUAD Token are used to handle the micro payments of data. The interface through these tokens helps in trading data products and creating clients for accessing and distribution of data.
CONCLUSION
Today when increased data volumes, advanced algorithms, improvements in computing power and storage have become more useful than ever, big data and algorithm helps in business learning, managing progressive learning techniques and adoption of more deep and accurate models to create a more competitive business. Wherever we turn our face, AI is enhancing marketing analytics, improving customer experience, enhancing data management system. Quadrant Protocol is to grow profusely with its promising benefits in data products and services and also a better revenue generation system for original data producers. Problems of fake data feeds, unsustainable and irrelevant data are also being eliminated gradually.
Website - https://www.quadrantprotocol.com/
Whitepaper - https://www.quadrantprotocol.com/whitepaper.pdf
Telegram - https://t.me/quadrantprotocol
ANN - https://bitcointalk.org/index.php?topic=4223999.0
Written by - Alexanderdaniel
Profile - https://bitcointalk.org/index.php?action=profile;u=2163421