In the present day, there is a high demand
for colossal amounts of data for the proper functioning of modern systems. Be
that as it may, the data market is faced with ever-growing challenges which
certainly need to be curbed if there must be any head-way in making authentic
and sufficient data available for the efficient operation of today’s systems.
Some of the problems the data economy is
currently faced with include:-
v A broadening AI data gap between the “haves” and “have-nots”: Large
volumes of data are existent, but in a scattered and unorganized manner all
over the world. Consequently, only large companies with enough resources are
able to gain access to these data, leaving the smaller companies starving of
data.
v The prevalence of fake and unauthorized data: Being a
large and lucrative market, the data market is not free from the intrusion of
hoodlums in the name of data vendors and third parties, who develop fake data
and sell them to companies in order to make a fortune. This puts companies at
great risk of producing poor results in their operations due to false data.
These problems and more are what Quadrant
protocol is out to solve, thereby bringing about a revolution in the data
economy. Visit https://www.quadrantprotocol.com/ to see for
yourself!
Quadrant Protocol is a blockchain-based
protocol that offers access to, as well as creation and distribution of
authentic and original data products and services.it is envisaged to provide an
organized platform for the use of decentralized data.
To achieve this aim, Quadrant protocol has
put the following features in place:
Ø Proof of Data Authenticity and Provenance: The advent
of blockchain technology created an avenue for keeping immutable record of
historical activities. This has created an avenue for trust and perfect
security for systems that leverage on it. Quadrant protocol has leveraged on
blockchain technology in other to provide authentic data for consumers as well
as give them the opportunity to learn about the provenance/origin of these
data.
Ø Constellations for Disparate sources:
constellation is the instrument with which Quadrant Protocol intends to
consolidate the diverse data sources, thereby making data equally available to
both small and large companies alike.
To learn more about Quadrant Protocol and its
paraphernalia, kindly download the White Paper at https://s3-ap-southeast-1.amazonaws.com/quadrant-home-secure/assets/images/Quadrant_Protocol_Whitepaper_V1.0.pdf
For updates and information on Token sale, stay
connected with Quadrant Protocol on the following social networks.
Authored By
: https://bitcointalk.org/index.php?action=profile;u=1156227
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