Most of the companies that exist out there in the world have started analyzing data to extract useful information. The information they extract is in a position to provide a tremendous assistance with achieving day to day operations. Along with that, Artificial Intelligence is also rising. A considerable percentage of work done by human beings is automated with the help of AI.
There is a strong relationship in between Artificial Intelligence and data. The neural networks and algorithms that power up Artificial Intelligence should be backed up with data. If there is no sufficient data, it will not be possible for the engineers and scientists to come up with effective results. Hence, there is a massive demand for data. In order to cater the demand for data, vendors have come up with methodologies to collect data and sell them for the people in need.
There is no standardized method followed by vendors when they are engaged in the process of selling data. Due to this reason, disparities can often take place. That’s where Quadrant Protocol is coming into play.
What exactly is Quadrant Protocol?
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Quadrant Protocol can simply be defined as a robust initiative, which was developed with the objective of eliminating the disparities that can take place when different vendors are selling data they have got for the consumption of people. When these disparities are eliminated, every single entity within the AI space will be provided with the opportunity to grow and compete with the help of data. The companies don’t need to worry about the level of revenue and the size when using data for the growth. This delivers a clear future for the companies that are struggling to achieve success in the world.
Quadrant Protocol is based upon the power of Blockchain technology. It gives life to an excellent and a vibrant community. This community is in a position to bring together the vendors, producers and consumers of data. Hence, all entities in the community will be provided with the opportunity to optimize data development work, selling off data and purchase of data. The Quadrant Protocol network is ensuring the validity of listed data in the meantime. Hence, people will be able to keep peace of mind while they are using the platform.
How does Quadrant Protocol work?
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The functionality behind Quadrant Protocol is an easy thing to understand. The platform is based upon a well-defined and a strategized protocol. All sorts of disparities that can take place when vendors submit their data to the marketplace are analyzed when defining Quadrant Protocol. As a result, this platform is capable of eliminating all such disparities. The entire platform is seen neatly due to the above mentioned reason.
Both data creators and vendors will be provided with the opportunity to work hand in hand while they are using Quadrant Protocol. The platform provides them with the ability to get benefited with the availability of well-defined data. Hence, it will be possible to use available data and optimize the development activities. To ensure the effectiveness of the overall platform, it is engaged with the process of validating available data on a regular basis. As a result, people don’t need to worry about anything when they are accessing data available for consumption on Quadrant Protocol.
There are few important aspects in Quadrant Protocol, which you should understand. When you understand these aspects, you will find it as an easy task to get an overall understanding about the platform.
• Data sampling protocol – The data sampling protocol of Quadrant Protocol is responsible for introducing new data into the Blockchain. Before introducing new data, they are properly verified. These verifications are in a position to make sure that there are no discrepancies in between data brought into the platform. Hence, people are provided with the green signal to go ahead and use data that is available for their consumption. This can be considered as the most important feature that you will be able to discover in the entire platform.
• Guardian nodes – The guardian nodes is another important and an essential functionality that you will be able to see in Quadrant Protocol. This ensures the integrity of data that is available for your consumption on the platform. On the other hand, it makes sure that all authenticated data is properly kept intact. This is responsible for making sure that all the transactions that take place within the platform are well-defined. On the other hand, guardian nodes are capable of ensuring a proper link in between the Ethereum platform and the Quadrant Protocol.
• Open constellations – Through open constellations, the data providers as well as data vendors are provided with the ability to define standardized conditions. These conditions would ensure appropriate selling and buying of data. The vendors are provided with the ability to come up with their own contracts and passé them into the consumers. On the other hand, the consumers are provided with the ability to customize the contracts as per their own preferences. After making the changes, these contracts can be sold to pioneers. This would give life to a competitive marketplace at the end of the day as well.
How does the future of Quadrant Protocol look like?
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In the future, Quadrant Protocol will be introduced with a new data authentication method and a data provenance method. On the other hand, the data producers are provided with the ability to make sure that complete and fair remuneration is delivered to the assets that are available within the platform. All the data sources will be properly reconciled as well.
Final Words
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As you can see, Quadrant Protocol is going to revolutionize the way how people can access data and how vendors are going to deliver data for the consumption of others. This will standardize available data and make sure that no discrepancies are available for the people to go ahead with incorrect choices when consuming available data.
you can get more information by visiting the website and join with social media. be sure to read whitepaper
website: https://www.quadrantprotocol.com/
ANN thread: https://bitcointalk.org/index.php?topic=3676988.0
Bounty Tread: https://bitcointalk.org/index.php?topic=3739014.0
twitter: https://twitter.com/explorequadrant
facebook: https://www.facebook.com/quadrantprotocol/
reddit: https://www.reddit.com/r/quadrantprotocol/
telegram: https://t.me/quadrantprotocol
author: snyderfx
bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1219054
