QUADRANT PROTOCOL - A BLUEPRINT FOR MAPPING DECENTRALISED DATA WITH BLOCKCHAIN TECHNOLOGY - ICO

carlosjuice22 (27)in #cryptocurrency • 6 years ago (edited)

The current data economy is fraught with problems. There is a ever-widening gap between those who have the resources to collect and store their own data and those who do not have it. The data they do not have access to is often fragmented and questionable in terms of authenticity. The data lacks authenticity is because the suppliers of it are not properly incentivized. Fair revenue distribution does not exist for both data producers and vendors.

Without a healthy and transparent data economy, the growing the demand for authentic data will not be met.

To solve all these problems we'll talk about Quadrant blueprint.

The data economy is similar to space; unmapped and chaotic. Quadrant serves as the blueprint that provides an organized system for the utilization of decentralized data.

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Benefits of blueprint

It will mark authenticity, allowing data buyers to track and have proof of who created the data.
Enables the first intelligent data contracts to be created and implemented to create new data products
Empower the brightest minds to work on creating Mega Constellations - new products and services on top of Quadrant.

The main technological innovation of Quadrant Protocol is that it is able to map all the disparate data and make it available to any consumer. This will be possible through the following features:

Proof of data authenticity and provenance.
Smart Data Contracts (called Constellations) for Dispersed Data Sources.
Fair remuneration and exchange of incentives.

Quadrant Protocol differentiates between the following types of stakeholders who will use the platform. Nurseries, raw data creators, Pioneers, data providers who create products using intelligent Quadrant contracts, Elons (not Musks :-), visionaries who will use ready-made data products to create new and innovative products and Guardians, masternodes that protect the integrity of the block chain.

Data providers will be able to encrypt the data and record their unique DNA stamp in the Quadrant Protocol. Consumers will be able to verify the authenticity of this information and resolve any discrepancies that may arise.

Constellations will be able to extract and organise data from various sources, sell it to data consumers and remunerate data providers.

TOKEN SALE OVERVIEW

Soft Cap/ Hard Cap $20 million USD hard cap (May be updated to peg to ETH), $3 million USD soft cap
Currencies for Buying Token:ETH
Price:1 ETH = 10,782 eQUAD
eQuad Supply:1,000,000,000 eQuad
eQuad Distribution:40% Crowd-sale, 20% to be held by Company, 20% Stakeholders, 10% Reserve, 10% Team
Type Of Token:ERC-20
Public Sale:26 June 2018 - 26 July 2018

Who Can Participate

Whitelisting process. No citizens of United States of America, Canada, New Zealand, People's Republic of China, the Republic of Korea and UN Sanctioned Countries, or participants who fail to successfully pass KYC/AML checks

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