The emergence of cryptocurrencies aren't doubted had been distracted human's attention overworld, with all its phenomenon within that follow by the growth the cryptocurrency's capitalization which recorded growth thousands fold had transformed cryptocurrency as one of the candidates which possible to change future of the world overall.
Discuss regarding cryptocurrency is not only about tokens and coins. those only embodiment of the utility and exist as the utility to execute progress within the platform, but there are powerful thing behind the just utility/product. that it's the technology behind it are so powerful, the emergence of blockchain technology bring hopes of forging not limited just the benefit of its utility, cryptocurrency is just one of the entities within the technology. the expertise of technology agreed the technology behind cryptocurrency is powerful and as the answer of problems at this moment.
The blockchain technology is proven to implement in some sectors of human life segment that relate to technic or non-technical issues. on technical aspect encompass many things and several types of expertise, one of them is data economy-public data which can be accessed by public data consumers. once again blockchain technology was proven had been revolutionized many things. hereby, detailing more how the way the Quadrant protocol make differences on data economy using by blockchain technology.
Quadrant protocol is network protocol based on blockchain technology that has the ability to access to, create and distribute data product and service without eliminating the authenticity and provenance . its characteristic to provide organised system that regarding to utilisation of decentralised data . to be simple, the network having act as blueprint that provided the need that required by the system. Quadrant protocol assists the companies to find their data need by providing data resource which disparate and transform into the innovative and new data product that fits with the needs.
Quadrant Protocol is the network that consists also involve 4 substantial business use case within the network, having the role as stakeholder also having specified function of each also integrated within other to generate the output data products (constellations). They are
Contain ADPs (Atomic Data Producers) that Having specialization to produce data records and “starts” and print the hash and “DNA” onto Quadrant network. “Star” is a term that represents raw data, while DNA represent metadata
Having specialization to map the different collection of “star” (raw data) and turn them into constellations. Constellations term means data product which as the final product. It also has ruled as a data vendor that pertaining with a smart contract to create a data product.
having the specialization to take constellations (data product) and then make the link between them to create a product such as a form that called innovative mega constellations. which those suites can be used as the solution to solve the real-world problem
Having specialization to ensure and guarantee that the constellations (data product) that had created by the stakeholder are not compromised or used isn’t its purpose. guardian also provide the service of stamping, authenticating, and verifying data.
In the end. With the assist of AI and Machine Learning Companies, the constellation will possible to purchased so hopefully help companies to power their data driven-companies
The solution for data economy that being concerned by quadrant protocol comes from the technology and the architecture which will fully be implemented within protocol, efficient and self-reliant technology. consisting of the core Quadrant blockchain, the client(data producer, data consumer and anchor) and Guardian Nodes. Those factors will make a Quadrant protocol advance on serve data processing. Consensus mechanism that is used is so uniqure. That is proof of authority, that means all have to pass the mechanism that gives feedback according to the owner of genuine data. Don’t stop at that point, consensus mechanisms able to handle a number of transaction faster, accurate, and low gas price. There are things that become one of unique value especially relate to security. Quadrant protocol develops security system not only restrict and block malicious node from entering data into the network but can be used as an anchor for security purposes. For technical Detail, Quadrant protocol is equipped with powerful services and features that all of them collaborate with each other to create the most secure and reliable data economy processing.
as aforementioned before. that Quadrant protocol is decentralized data blueprint that encompasses data processing and has dual services that work both centralized and decentralized services. To support its performance. Quadrant possesses effective service and features. Here the details below, simple summary hopefully give you clearer details how Quadrant protocol made those are possible to happen
Consisting of data protocol structure that assists data stamping protocol as data producer client. It for Pioneers and Nurseries to lay claim to a produced piece
of data by stamping it in the Quadrant network, thereby providing the DNA fingerprint of the data. This enables the data for inclusion in Constellations and for consumption. Here 9 part of data stamping protocol, that is Hash, Created_by, feed_id, sequence_number, scheduling_by, file_name, timestamp, version.
Data consumers surely want to know about on going authenticity of data. It is a common thing after entering the contract. Stamp verification enable for the consumer to do reference data which stamped in Quadrant network. Stamp verification fully designed to ensure full delivery of large data feeds along creating a paper-trail for legal compliance
This feature allows Elon and data consumers to create their own constellation according to terms that they wish and also can be offered to the pioneers. For detail what Elon and constellation you can kindly see the explanation above. This feature complements the Quadrant protocol so enable either supply side and demand side can initiate the contract, so pioneers have privilage to offer their data
As we know. The network consists of nodes and client. The client usually ties with data producer client that used y nurseries and pioneers to submit data stamp into the network and provides many features such as receiving QUADS and create constellations that map disparate data source for the usage of pioneers, Elons, and other data consumers. For guardian note (full node) the guardian note host and build transaction into the Quadrant network (creates blocks on the Quadrant Network chain), anchors to public blockchain like Ethereum then execute the constellation, handle data provisioning and delivery. Being hoped the data consumer client can verify data stamp and data provenance audit request while also create constellations
Within Quadrant protocol, Elon able to stake QUAD to get access to third-party feeds, this gonna be awesome, the increase of value and usability of raw data and contract which can be tie with aggregation transformation and enhancement of source data will make Elo take percentage of payments for their network had done and network with new data feed. Enhancement also aims the nurseries to improve the contract, incentive sharing, or combination of two so anyone both startup or individual data scientist can transform become Elon. you can imagine when centralized control can be overtaken. Optimization is real in future and guaranteed by Quadrant protocol
For the security concern, Quadrant protocol will apply PoA (Proof of Authority) that means the security of the Quadrant protocol is assured. The mechanism involves ethereum blockchain which is anchored with block hashes. Characteristics be possed by Quadrant Protocol is a two-chain technique which means the bad actors/intruders need to attack both chains in order to make any change such as rewrite the history of the Quadrant network. It Proofed as the fast and cost-efficient transaction implemented within the Quadrant network beside the other benefit of security of POW network.
In addition, there are five advisors who generously share their assistance and guidance to help the team to build this project to achieve the goal to make breakthroughs as fit as the project's vision. what a combination that consists of the professionals that lead to the extraordinary result.
" All you need is the plan, the roadmap, and the courage to press on to your destination" - Earl Nightingale
The purpose of the road mainly leads to a destination which wants to achieve. it's not an exception for Quadrant Protocol which the roadmap lead it to achieve its goal. The project through a number of processes to achieve the end. you can see the roadmap below, it very looks clear and specified. a number of the task had been set up to be done.
Otherwise, eQuad is an ERC-20 standard compliant with ethereum blockchain which able to be sold. To be simple, eQuad has to be converted via a gateway to be QUAD. so it able to work in the Quadrant network. Both eQuad and QUAD tokens are designed to complement each other to keep the network running. here the token sale overview as follows below
The users can participate and become part of this project by joining the ICO, the thing to do that have to through the process are described as following below :
Go to the official website https://tokensale.quadrantprotocol.com/
Register in the form.
Confirm the mail. and follow the instruction are mentioned
Further Information:
I know this review incomplete overall, surely left doubt and questions in the mind, if you want to know more about Quadrant protocol project, have to look their official website and their whitepaper for more information. subscribing to their official communication channel. also, please also fell freely to post, ask questions, feedback in the comment below, so I can know your question regarding to the project and try to answer it. thanks for your attention and happy reading.
Official Channel
Website: https://www.quadrantprotocol.com
Telegram: https://t.me/quadrantprotocol
Facebook : https://web.facebook.com/quadrantprotocol/?_rdc=1&_rdr
Twitter : https://twitter.com/explorequadrant
ANN Thread: https://bitcointalk.org/index.php?topic=3676988.0
Bounty thread: https://bitcointalk.org/index.php?topic=3739014.0
Author
Name : Gustaf Eiffel
Bitcointalk Username :GustavEiffel
Bitcoin talk profile :
https://bitcointalk.org/index.php?action=profile;u=1693721;sa=summary
ETH Address : 0x9630E83b1d46b4240f9985A7ec874F9a13F8B475
