Good evening, dear friends. Today I want to tell you about a very promising project.The company creates a decentralized data market for many participants in the form of organizations, Daas developers and artificial intelligence products, data providers (enterprises, large corporations, users). Such data flow will allow to create new smart systems of promotion of their goods and services, to introduce them into their infrastructure, the information will be only reliable and voluminous. Transactions will be concluded using smart contracts that will be safe from hackers and unreliable sources.
The data market is a specific place created to buy and sell data. This idea is largely dependent on the rapid advancement of technology, which leads to the creation of a data-rich environment where a huge amount of data is regularly collected by many different parties. Selling data in a specific format helps to make it more suitable for the buyer. Although many types of data can be bought and sold through the data market, some common types of data markets are related to the sale of consumer information, demographic data, personal data, or a combination of these. Companies have no incentive to share data with others. They believe that it can cause damage, on the one hand they are right, but on the other hand it prevents the development of the market. This problem helps to solve project Quadrant Protocol.
The basis of the platform is the technology on the Ethereum blockchain, but in the future, it can be replaced by any other network, if necessary. I think this is a great advantage.
Data consumers can trust the authenticity of the data they buy. In turn, data producers receive fair compensation every time their data is used, and data providers are encouraged to create innovative partnership agreements. This new, transparent ecosystem ensures companies get the reliable data they need.
Thanks to this transparency, everyone will be able to observe all the operations that will be carried out with his data and each of their use to receive tokens of the eQuad platform, this increases both the motivation of suppliers and brings additional profits. A team with extensive experience in this field of technology and already have several companies that have started cooperation and use of the Protocol.
Such an idea will help to get rid of or reduce the use and storage of data of monopolistic companies such as Google, their unauthorized transfer and obtaining at the same time a large profit. Now with this Protocol, many will become owners of their information with the possibility of its monetization. In such an ecosystem it is easy to buy useful artificial intelligence products and apply them in your business.Advantages over similar developments:
The tasks that the project offers to solve are relevant and in demand at the present time, which guarantees its popularity among users.
With the help of this Protocol, it is possible to ensure full transparency in the sphere of data exchange with various participants.
Participation in the project allows to evenly distribute material resources between collectors and information processors, small and large market participants.· Quadrant Protocol provides a tool for fair compensation of any participant for the contribution he has made to the process of exchange of reliable data.
The use of the Protocol makes it possible to guarantee 100% accuracy of the primary information used and the correctness of the conclusions drawn from it.
Blockchain technology, on which this project is based, allows to guarantee the absence of information leaks and deliberate data changes due to the actions of hackers or malware.The applications used to implement the Protocol will have a convenient and clear interface, as well as work with all currently popular operating systems.
The initial placement of tokens
The QUAD token, issued in the project, is needed for use within the Protocol as a way to identify information, support access to it, and perform payments between the participants of the system.The number of tokens placed is 1 billion, of which 400 million are intended for primary sale at a price equivalent to 5 cents per one. As the currency when buying accepted cryptocurrency units ETH.The planned soft-cap – $ 3 million, hard-cap - $ 20 million. The raised funds will be used for the development of the platform, creation of SDK for developers, as well as operating costs and security.
Ticker: EQUAD
Token type: ERC20
ICO Token Price: 1 EQUAD = 0.0500 USD
Fundraising Goal: 20,000,000 USD
Total Tokens: 1,000,000,000
Available for Token Sale: 40%
You can find more information at these links:
Website: https://www.quadrantprotocol.com/
Whitepaper: https://www.quadrantprotocol.com/whitepaper.pdf
Bitcointalk thread: https://bitcointalk.org/index.php?topic=3676988.0
Telegram group: https://t.me/quadrantprotocol
Author: https://bitcointalk.org/index.php?action=profile;u=1725951
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