Quadrant Protocol | Project Overview
Hello dear friends. Today I want to tell you about the Quadrant Protocol project. Forward!
Today, having discovered the source of data, no one can guarantee their originality. It can be difficult to find reliable sources. In the age of information technology, everything has taken on incredible proportions. Today large corporations are ready for huge amounts to buy data about their potential customers. Quadrant Protocol is designed to search and process reliable information.
The Quadrant protocol is a network that unites diverse sources of information. First, information will be cross checked, thanks to the connection of many sources, and secondly, data providers will be encouraged. Thus, the association of consumers and producers makes it possible to fairly estimate the value of certain data.
The team of this project from India, the team already had experience in the development of similar projects. If you look at their experience in this field, which they managed to get during their work, you can have no doubt about their competence. Most of the team worked on DataStreamX, a product that was positioned as a platform for selling information, but without using block technology.
Due to the intensive development of technology blockchain, a large number of services become real. This project is going to realize a full-fledged trade of up-to-date information using blockchain technology. So using the system of distributed registries, the team is going to create a product that will not only collect and distribute reliable information, but also be responsible for its origin. Thanks to the transparency and accessibility of the blocks, everyone can check where this information came from.
As an anchor for security purposes, the Proof of Work network is used. The protocol will be available to both suppliers and consumers of information due to this, volunteers will be able to receive rewards in the form of tokens.
This product is based on the Ethereum platform, which means that the released token will be convenient enough to use, because any wallets based on the ERC-20 standard are suitable for storage.
In the third quarter of 2018, the release of the protocol is expected, after which it will be possible to conclude that it is relevant to use.
In my opinion, the appearance of such a product on the market will make the data much better and more reliable. This project can be in great demand among large companies. In the information age, this project can achieve success.
Bounty Thread: https://bitcointalk.org/index.php?topic=3739014.0
My BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=1194601
My BitcoinTalk Username: kable78