Quadrant: A Decentralized Platform for mapping data

elvisdika1 (34)in #blockchain • 6 years ago (edited)

INTRODUCTION:
In today’s world, the current data system is laden with a lot of problem. Part of is the huge difference between people with the resources to analyze and store data as well as those that do not have. However, when the people without data eventually try to lay their hands on a data, it would have been tampered with which gives useless result when tried with the algorithm.
The suppliers of this data do not have the necessary incentives; hence, the data cannot be accurate. There is no just revenue distribution between data producers and suppliers. This results in a data economy which is not healthy and productive, leaving the demand of authentic data unmet.

This is where the Quadrant comes in. It seeks to provide a platform to process dissimilar data source. There will be data authenticity backed up by proof as data source, the making of data smart contracts for varying sources of data. There will also be a decent reward and profit sharing principle.
Quadrant will revolutionize the data world such data consumers will have faith in the data they procure. Producers of data (called nurseries) will be compensated whenever their data is used. Data sellers called Pioneers will be equipped to make data source available. With this new and fair platform, companies will get just the real data they seek for.

All artificial intelligence companies will have access to quality, transparent and an authentic data. With this, their services and insights will have a solid effect
Quadrant Protocol: Features
Data Stamping
All sold data will be endorsed for authenticity. With this, buyers of data will know who created the data with proof.
Creation of Data
The platform will be the first platform to create a Smart Data Contract. They will also be deployed to manufacture new data accessories and products.
Trusted Data Services
Quadrant is filled with smart minds to bring head together and create a huge aggregation. This will feature new products and services
Nurseries
They are called the Atomic Data Producers in charge of creating authentic record of data. They create raw data called stars which can be called constellations.

Pioneers:
Pioneers on Quadrant are Data Vendors that uses smart contracts to create data
Guardians
These are the main nodes that maintain the sanity and integrity of the platform. They keep away anything that can compromise the system. They are responsible for scrutinizing the created constellation making sure it is of standard value. They are also responsible for verifying, authenticating and stamping data
Elons
Are users of the data, with the data, they utilize Artificial intelligence and other algorithm to create product and services that stand out.

Quadrant ICO and Token:
The soft cap of the token sale in Quadrant is pegged at $20 million with a $3 million soft cap. Ethereum is the accepted currency on the system. The Quadrant will make use of two different currencies, the QUAD and the eQUAD. QUAD will be based on ETHEREUM, and a utility token. 1eQuad is exchange for $0.05.
EQUAD, an ERC20 based token will be available during the initial coin offering for sale