WHY QUADRANT NETWORK PROTOCOL

in #bitcoin6 years ago (edited)

In this 21st century and in our part of the world, no one supports or sponsors a project without considering what he or she will get in return. Even philanthropists consider a lot of things before they come to the aid of someone. That is, they consider the outcome and impact of what their support or aid will bring before making any move. In a nutshell, investors or individuals just don't put resources in any unfruitful or unyielding projects. Quadrant protocol is a project every individual, investor, businessman or organization ought to put resources or invest in. Because it provides exactly what 21st century investors, businessmen or individuals want.

Based on the already popular blockchain technology, Quadrant network protocol, the first blueprint for mapping decentralized data of its kind was created! Quadrant protocol prioritizes the access to, creation and distribution of data products and services with authenticity and provenance as its prime objective. Quadrant maps disparate data sources to build a strong, new, and innovative data product in order to help companies meet their data needs.

How Quadrant Network Will Work

One thing I have learnt in life and I believe you too have experienced it before is the power of teamwork and the involvement of key stakeholders in quest of undertaking a project. Team is made of individuals with complementary skills unlike a group. This principle is exactly what quadrant network protocol seeks to follow. The data economy is similar to space; unmapped and chaotic. The quadrant protocol will build a strong data network with key stakeholders that will ensure that the data being produced are refined, authentic and good for the data economy. The network of stakeholders will involve a team who will be the sole producers of the data (Nurseries). With this team, a raw data will be created and an original data record will be kept for authenticity sake. Another team will be responsible for the data vending (Pioneers). One of the stakeholders will utilize the data created and make a sense out of the data. The integrity of the authentic data being created need to be protected in order not to be compromised. That is why the network will have another stakeholder responsible for that job. The guardian will provide the services of stamping, authenticating and verifying of data.

The Unique Features Quadrant Have That Other Projects Don’t Have

The quadrant project will be build on and have a unique and distinct features in the quest to solve the menace in the data economy.

  1. Trust is an important quality required to build a strong, quality and authentic data source. Wallowing the data source in trust will help boost the data economy. Without trust, the problem will continue to be in existence. Data transaction will still be in the darkness with the associated risk. In the move of building trust, Quadrant will require that all data is publicly stamped so that its origin will always be known. Client software will be provided to stamp and verify data.
  2. Quadrant will bring together all the disparate raw data (Stars) to form a Constellation so that the various stakeholders can use it. This will create a favourable environment so that everyone (both large and small businesses) can have access to quality and authentic data source anytime and anywhere.
  3. The current problem of unfair revenue distribution will be a thing of the past. Through the Constellations of the Quadrant protocol, data vendors will know exactly which data producers contributed what and how much each deserves. These will all be done automatically without the need for intervention by any party. Data vendors will no longer have to worry about the manual process of figuring out how much incentive each producer deserves when an aggregated data product is sold on the Quadrant network.

Benefits for Joining and Patronizing Quadrant

As I initially indicated, every individual invests in a project with the motive of benefiting. Quadrant protocol is prepared and is ready for that. With this motive in the mind of the team managers, the various stakeholders and individuals in quadrant protocol network will enjoy the due benefits they deserve.
Quadrant protocol will ensure that data consumers which include the data-hungry companies will have access to continuous authentic data feeds. This will help them to achieve the best results from their data-driven solutions. Not only will Quadrant provide them with authentic data but also helps them with regulatory compliance because they can be sure of data provenance. Since stamps will be used as a means to ensure authenticity of data products, Data vendors will have the mandate to prove the ownership of their data products and ensure that they transact only what they stamp. Quadrant will potentially help them to be seen as a transparent and trusted supplier. In addition, the Producers on the other hand will be able to locate how far up the chain that their data is used, and they can provide their data to multiple Constellations that solve different problems

Token Sale Information

Woow! I believe your appetite to see the new data economy Quadrant seeks to build has aroused. Then this rest squarely on your involvement and participation. Invest, benefit and lets build the Quadrant network together. Don't forget the principle of teamwork. Quadrant Protocol has come to offer you more than you can think and imagine. Want to know more about Quadrant Protocol ?

Website: https://www.quadrantprotocol.com/
Ann thread: https://bitcointalk.org/index.php?topic=3676988.0
Twitter: https://twitter.com/explorequadrant
Facebook: https://www.facebook.com/quadrantprotocol/
Telegram: https://t.me/quadrantprotocol

PROOF OF AUTHORSHIP:
Bitcointalk Username: iamike
Profile link: https://bitcointalk.org/index.php?action=profile;u=1549253

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Nice article. I hope this project becomes successful

That was a good one. It seems blockchain never stops giving out the best. Like your post. keep it up

Great project by all standards

Great project..I love your article too

This really an amazing project. The data economy indeed needs a radical revolution. Am very interested in this project and wish to invest in it.