QUADRANT PROTOCOL : WORLD'S PREMIERE SOLUTION TO EXISTING DATA ECONOMY MISHAPS

In the past years, we have witnessed a massive uptrend in the amount of digital data available . This stems from the Internet, social media, scientific equipment, smart phones, surveillance cameras, including many other sources , and in the computer technologies used to process it.

Despite the uprising of innovations in data economy, there exist some major drawbacks in this sector. Last two years, 2016, I worked with a small company which had issues with sourcing useful authentic data ; you can't imagine the frustrations accompanying issues like this unless you are affected. There is need for remedy, and the goodnews is that a new sheriff in town, by name QUADRANT PROTOCOL has been enacted to curb this.

Simply put, Quadrant protocol proffers an ecosystem enabling companies to easily and conveniently acquire the authentic data needed, ensure fair incentives for data producers, and is designed to provide both centralized and decentralized services. In this mind-blowing ecosystem, there are three groups of clients : Data producers, Data consumers and Anchor. Data consumers get authentic data they can rely on, while Data producers and vendors get required apportioned incentives. The architecture at large comprise of 3 major entities : core Quadrant blockchain, clients and guardian nodes. Quadrant protocol stands out with regards the presence of Elons who source linkages between different groups of similar data (constellations) which are used to form mega constellations provided to Data consumers. In a bid to accommodate more transactions , prohibit nodes which are not trustworthy to send data to the network, improve transaction speed and reduce gas price (transaction fees), Quadrant will operate on Proof of Authority consensus mechanism.
Quadrant kicks off MVP by utilizing the Ethereum blockchain as an achnor, considering it’s well known advantages , but might be changed in the future to a more advanced public blockchain when necessary for mainnet. QUAD and eQuad will be the official currencies for the Quadrant network. eQuad which is an ERC-20 type token will be sold during token generation event and there will be provision to swap eQuad to QUAD after mainnet launch. QUAD will be utilized for simple and complex subscription payments, for data stamp, for staking by bright data minds (Elons), and also to support simple and complex access structures.
Quadrant adopted Proof of Data Authenticity using blockchain technology to ensure security and transparency.

WHAT EXISTING ISSUES LED TO QUANDRANT PROTOCOL ESTABLISHMENT? (PROBLEMS)
• The original data producers or in other words, Atomic data producers (ADPs) are being cheated, they don’t get the deserved revenue. Data vendors in most cases pay original data producers only once, thereby keeping them in the dark, not letting them know the amount of revenue these data fetch when they keep reselling. There is need to encourage the data producers, hence Quadrant Protocol will see to proper revenue distribution to original data producers.
• Usefulness of algorithms is being tempered with by unreliable and unauthentic data. Nowadays ,faking of data in a quest for money making is a simple as saying ABC. Companies who still want to maintain their integrity source for reliable data, hence Quadrant protocol will suit this case.
• The AI data gap between the haves and have-nots is getting wider with time. It is usually tedious for small companies to get the required data volume to meet Artificial Intelligence activity needs. This case is the direct opposite of large companies like Microsoft, google, etc comparatively. It is usually very costly for such small companies to obtain these required data, hence there is lack of competition with the big companies and this warrants a solution (QUADRANT PROTOCOL).
• Production systems are being broken by inadmissible data feeds on occasions when they go offline, causing an inapt scenario. There are needs for sustainable data providers, and Quadrant protocol makes this achievable.
• Different Data sourcing from just one producer is almost unavailable. There is need to collate data from different sources and this becomes a problem considering the effort, time and funds required to achieve this. Quadrant protocol remedies this by collating authentic data from various sources, making it readily available for data consumers.

ULTIMATE SOLUTION PROFERRED BY QUADRANT PROTOCOL WITH REGARDS THE AFOREMENTIONED PROBLEMS

Quadrant creates data products for ease of access by data consumers. This is achieved by the combined efforts of various stakeholders in the ecosystem. Stakeholders include Nurseries or Atomic Data Producers who source raw data, Pioneers who develop data products with Quadrant smart contracts, Elons who build more sophisticated new data products from the already created data products by piooners, and Guardians ,that is, matsernodes which ensure data is not compromised or altered. DatastreamX which is a data marketplace and brokerage will help Quadrant to build a protocol which will help a great deal in providing solution to real world problems, upholding transparency, authenticity and security in data economy at large. Data producers will be able to get fair distribution of revenue and authentic data will be made readily available to data consumers. It will therefore be useless for data consumers to run from “hills and valleys” in a bid to source various useful data because quadrant protocol will make this available all in one place.

PREVIEW OF TRADITIONAL CONVEYANCE OF DATA FROM ATOMIC DATA PRODUCERS, THROUGH DATA VENDORS TO DATA CONSUMERS

PREVIEW OF QUADRANT PROTOCOL FEATURES
(Data Stamping Protocol , Stamp Verification , Open Constellations , Network Nodes and Clients, Data Enhancement by Elons , Public Chain Anchors)

PREVIEW OF QUADRANT STAKEHOLDERS

eQUAD TOKEN AND TOKEN SALE DETAILS
eQUAD token as mentioned earlier is an ERC-20 token built on ethereum blockchain, with total supply of 1 billion. Price at token sale is 0.05$ for 1 eQuad. Ethereum is used to purchase eQUAD, soft cap for token sale is $3million and hard cap $20million. USA, CANADA, New Zealand, Korea , and China citizens are excluded. KYC (know Your Client) is required to meet AML standards. Below is a preview of token distribution :

TOKEN ALLOCATION PREVIEW

TEAM AND ADVISORS
The team and advisors behind this project comprise of experienced intellectuals who are devoted to ensure the project aim is achieved. See below for preview of team and advisors, including their wonderful profile summary :

PROJECT ROADMAP

CONCLUSION
From this article, it is crystal clear that QUADRANT PROTOCOL will remedy the existing lapses in data economy using blockchain technology. It is important to note that Quadrant already have superb data providers like: Dataspark, Exchange Data International, ICE, thomson Reuters, Circus Social, Barchart, WDT and Factset. Quadrant also has remarkable partners like: Amazix, Draper Venture Network, Kenetic, Openchain Ventures, Chain rock, Bluzelle and Wavemaker who will assist in ensuring the project aim is achieved. The project also has extremely dope ratings from top expert rating platforms. In my own opinion, buying into the token sale is a cool idea, considering the project aim and great team behind it. Note that due diligence is required before taking part in any token sale.

USEFUL LINKS:
Consider checking out the links below to know more about this mind-blowing project. Join the telegram community and follow on various social media.

Website : https://www.quadrantprotocol.com/
Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3676988.0
Telegram community : https://t.me/quadrantprotocol
Twitter : https://twitter.com/explorequadrant
LinkedIn : https://www.linkedin.com/company/quadrantprotocol/

Writer's Bitcointalk Username : deodivine1
Writer's Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1390292