Newest data economy system for creation, and distribution of data products using new tokens: Quadrant Protocol

marketclob (47)in #cryptocurrency • 7 years ago (edited)

GNI

Introduction

Nowaday; as you know, the modern world is governed by data, and data is the most important and valuable product on Earth. That's why giants like Facebook and Google are worth hundreds of billions of dollars and also other data services and also other data services. The main focus of these businesses is on data collection and integration, which is being sold to other companies to improve their advertising and marketing strategies. Accessing information instantaneously attracted the attention of major organizations and companies in every industry. Most companies have come to understand that data can increase their productivity and sales, while reducing their costs. It is also possible to use such data to achieve a deep insight into consumer behavior and improve customer experience. Organizations and companies that are not able to use the data in their favor are short lived and lose the ability to compete with competitors and quickly go out of the market. The success of any organization depends on its ability to integrate information and share it over the life of your business. Connecting customers with data is not only a good idea, but also a necessity for today's businesses. Data is at the heart of every business, but many organizations can not benefit from such a wealth. Nowadays, many big brands and businesses have come up with technologies that can provide them with comprehensive data from their audience.

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While data is essential in everyday life, the focus of data has been to threaten the security of their cases. In addition, there are other problems in this regard that are referred to in this article.

1- Distribution inappropriate

Many data sharing systems face the problem of distributing data between data vendors and data buyers.
This problem does not lead to an adequate assessment of the value of the data and there is no fair agreement between data producers and data consumers.
To solve this problem, and to properly distribute the data and value it, and to ensure that buyers buy valuable data, as well as the assurance of vendors that they will receive their full amounts, the quadrant will provide a smart contract that will allow for easy data distribution. Data evaluation is also easy.

2- some unsustainable data feeds in off line mode

as you experienced in the current situation of the data on the web, you will find out that in most of cases we can not trust free data's validity. so it is a necessity to monitor data credentials. Quadrant monitor data credentials and solve this problem.

3- Fake and Unauthentic Data

people love money, there is a fact that some people try to copy and paste some data to use them for money earning but data must be original and we need systems to prevent coping and pasting. also data buyer most know about data sources. quadrant helps people to be sure about this problem.

How Quadrant Protocol works?

Quadrant Protocol is a blockchain based network protocol that enables the access to, creation and distribution of data products and services with authenticity and provenance at its core. in this system sellers and buyers of data will be sure about the data and also their payments. data will original and verified by system and buyers can reach the data that they need using smart contract of Quadrant.

Quadrant is the dematerialized system that use blockchain technology for data blueprinting. it can used with centerline and also decentralized data systems. quadrant protocol consist of 4 main parts. this parts are:

1- Quadrant blockchain

2- clients (Data Producer

3- Data Consumer and Anchor)

4-Guardian Nodes

this protocol used Proof of Authority consensus mechanism that will result increasing the number of transactions and also decreasing the transaction fees.

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in brief we can consider Data Stamping Protocol with: Stamp Verification, Open Constellations, Network Nodes and Clients, Data Enhancement by Elons, Public Chain Anchors

why we must to buy Quadrant?

Quadrant protocol has huge and great comunity, also its idea is very good and Distribution inappropriate, Quadrant monitor data credentials and solve this problem. also data buyer most know about data sources. quadrant helps people to be sure about this problem. it means Quadrant has a great potential. that if you invest on it you will take good profit in future.