EQUAD (Quadrant Protocol) | Cryptocurrency In Singapore

THE PROTOCOL POWERING QUADRANT.IO
Quadrant Protocol is the engine that powers Quadrant's data mapping capabilities. One of the first operational blockchain-based data protocols, it is already mapping the data universe for its users

Vast amounts of authentic data are needed to power today’s algorithms, however the current data economy is fraught with problems. There is an ever-widening gap between those with the resources to collect and store their own data and those that do not. The data these have-nots do have access to is often fragmented and of questionable authenticity—the kind of data that produces poor results when fed to algorithms. Part of the reason why the data lacks authenticity is because the suppliers of it are not properly incentivized. Fair revenue distribution does not exist for both data producers and vendors. Without a healthy and transparent data economy, the increasing demand for authentic data will not be met.

Quadrant aims to solve these problems by providing a blueprint for mapping disparate data sources. It will support proof of data authenticity and provenance via data stamping, the creation of “Constellations” (data smart contracts) for disparate data sources, and fair remuneration and incentive sharing. Data Consumers can trust the authenticity of the data they purchase, “Nurseries” (Data Producers) are compensated fairly every time their data is used, and “Pioneers” (Data Vendors) have the incentive to create innovative Constellations. This new transparent ecosystem ensures that companies get the authentic data they need. Where Quadrant has major potential for impact is the ability it provides “Elons” (the brightest data minds) to find linkages between different constellations and, in turn, create mega Constellations that can be used by Data Consumers to solve real-world problems. This is where Quadrant differentiates itself from its competitors.

Quadrant is designed to work with both centralised and decentralised services. The architecture consists of the core Quadrant blockchain, clients (Data Producer, Data Consumer and Anchor), and Guardian Nodes. Quadrant will operate on a Proof of Authority consensus mechanism so that it can handle more transactions, operate at a lower gas price, achieve faster transactions, and restrict malicious nodes from entering data into the network. An external Proof of Work chain will be used as an anchor for security purposes. For the time being, the Ethereum blockchain will be used for anchoring but it can be replaced by any public chain in the future if needed.

 

QUADRANT P
f.k.a QUADRANT PROTOCOL

70 SHENTON WAY #20-13 EON SHENTON SINGAPORE 079118

Official website
https://www.quadrantprotocol.com/

QUADRANT GLOBAL PTE. LTD.
UEN: 201427247E

Official website
https://www.quadrant.io/

Resources
———————————
Main
Team
Quadrant Protocol Explorer
Whitepaper

Guardian Nodes

———————————
Social Media
———————————
Linkedin
Twitter
Youtube
Telegram
Medium

EQUAD Token

Quadrant will utilise two different currencies for its network: eQuad and QUAD

Total supply: 1,000,000,000

eQuad is an ERC-20 standard compliant placeholder digital tokens on the Ethereum blockchain which would be sold, and which may be converted into QUAD via a gateway when the Quadrant Network mainnet is eventually launched. In the whitepaper, "eQuad" shall refer to the placeholder token prior to mainnet launch, and shall refer to QUAD after the mainnet launch.

QUAD, a utility token, is designed to be used solely on the network. It will be used to stamp data, support simple and complex access structures, simple and complex subscription payments, and for staking by Elons.

 

Purchase EQUAD from Coinbebe | Bilaxy | Kyber Network | IDEX