What Makes Quadrant Protocol — An Accurate Data Marketplace and Digital Mapping System?

ICO Experts
2 min readJun 1, 2018

Inaccuracies, wasted spending, middlemen issue, aggressive and unorthodox practices have been the bane of most Big Data and data-driven companies. This is because Data in our modern digital world is more valuable than it used to be and it is also critical for businesses to evolve and move forward. Once Data is accurate, customers tend to be more satisfied even when the product they purchase is new and improved.

Quadrant Protocol, with the use of an advanced Blockchain technology, offers much more than competing data marketplaces and sales venues of the past. It also utilizes Dated data verification technologies which will eliminate the needless intermediaries and middlemen that come with it, thereby making the system a unique one.

Unique Features of The Quadrant Protocol Include:

1. eQUAD and QUAD Tokens — The Quadrant Protocol system has two separate forms of on-site currencies named eQUAD and QUAD tokens which are designed to complement each other and keep the site running at 100% efficiency.

The eQuad token is ERC 20 compatible which means that it can be converted back to Ethereum at any time. It can also be converted to QUAD, which is the sister token.

Through the use of the QUAD token, incentive sharing can be accomplished without having to disturb the mainstream cryptocurrency systems and it is non-refundable as a functional utility token.

2. Incentive Sharing — In order for a data-driven economy to function correctly, incentive sharing must be applied. A single piece of data within the Quadrant is only worth fractions of a penny, but many data documents, collectively aggregated together, allow “Constellations” within the Quadrant Protocol system to dispense these payments according to a mass calculation.

3. Proof Of Data Authenticity — Trust in the data economy is critical. And the current centralized data system has failed in this respect time and time again. But thanks to Quadrant Protocol technology, trust now comes standard. Also, all data transactions are publicly stamped and viewable to everyone on the Ethereum Blockchain ledger. Data carries uniquely identifiable hash combinations that must match to verify the authenticity of the data between both the buyer and seller. So if the data itself is somehow corrupted, it will also carry corrupt hashtags.

For more features and further insight, please visit the official Quadrant Protocol links below

WEBSITE / TELEGRAM / ANN THREAD

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