"Data is the sword of the 21st century; those who wield it well are the real Samurai."
True, indeed! Data in today's world is fundamental to every emerging technology from digital marketing to machine learning and artificial intelligence. So this basic element needs to be authentic and reliable. This is the problem with the existing data trades in the markets. Data vendors do not care as much about the authenticity of data they provide as the data consumers. A bad data is no better than no data. So the demand for a more reliable platform for exchanging information always lingers. To address this lacking, Quadrant has come up with a bang-up blueprint to not just maneuver the data but also turn it into a worthful insight for the data consumers. Read our further to know more.
All about the project:
There exist large calls for a bridge interconnecting the widening void between the people who source data and those who do not and actually rely upon the resources for the requirements. Quadrant will play the role of this bridge on both the centralized and the decentralized platform. The quadrant blueprint consists of three main objects: Quadrant blockchain, its clients, and the Guardian nodes. Here is the summary of how the network works. Nurseries on the platform are the data resources that create stars(data). These stars are aggregated to form constellations that assistElon's to innovate and modify the data products created by the pioneers(data vendors) with the smart contracts. The superhero here are the guardians who assure security and authenticity of data groups or say constellations through verifications. Thus the platform is designed with the sole aim to provide guaranteed genuine data without any cross-pollination. Also, the quadrant designers understand that the data gets corrupted when there is insufficient incentivizing of the data creators. Because this leads to failure in maintenance, Quadrant protocol has set the payment rules alike to a not-for-profit system. Thus the transaction charges are minimum which makes this model the perfect among all the available alternatives. Besides coming on to maintaining the authenticity, the quadrant is an epitome of efficaciously utilizing the pros of the open and transparent blockchain technology. It features proof of data authenticity and provenance through a data stamping protocol. Now,let's know more about the team and the token information.
The team behind the project:
A good teamwork always remains at the heart of great achievements. Projects like quadrant cannot be executed by a single intelligent brain but through the amalgamation and better coordination of experiences and expertise of an individual's group.
People who worked diligently to build this dream work to a reality are :
• Mike Davie, the CEO and founder and a profound technologist with years of experience in the data field
• Barkha Jasani, Head of R & D department and an experienced expert in software development
• Sharique Azam, Big Data Architect, andblockchain Engineer
• Roger Ganga, a Data Scientist, and Android Blockchain Developer
• Marlina Farhin, A1 front-end developer with astonishing creative design abilities
• Navas Khan, the Marketing lead
• Nikos Kostopoulos, EU community manager, and strategist
The rest of the team comprises of the advisors from the top companies existing who equally empower the successful development of the project.
Token information :
The network utilizes two cryptocurrencies to fuel its economy - eQuad and QUAD. The eQuad is an ERC 20 based cryptocurrency that will be availableforsale during the ICO. This eQuad will have to be converted to QUAD which is the cryptographically-secured utility token designed to be used only on this platform. QUAD will be used for all trading as well as stamping services on the platform. The ICO sale schedules are to be announced soon. Stay tuned on its official website to participate in the sale.
Conclusion:
With all the features discussed above, it can be envisioned that quadrant protocol with all its astounding features will prove to be a Samurai for efficiently utilizing the sword of the century - Data. It provides with a blueprint consisting of a network strongly designed to enforce data trades with increased reliability at the lower rates. Not only does it ensure reliability but also supervises that applicable data reaches its perfect destination, that is where it is required. Apart; the network by providing fair incentive schemes ensures the sustainability of the data on the platform so that it is a win-win for both data providers and consumers. In all, Quadrant is a perfect pick for data traders.
Website - https://www.quadrantprotocol.com/
Whitepaper - https://www.quadrantprotocol.com/whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=3676988.0
Telegram - https://t.me/quadrantprotocol
Published by - dannywhelan
Profile - https://bitcointalk.org/index.php?action=profile;u=1606458
Project has a great team, it will definitely be successful