At Quadrant Protocol we are turning things up a notch, getting ready to launch some major initiatives we have been working on. These innovative, forward-thinking solutions have real-world applications and will greatly impact our network. Each project alone is one step forward for Quadrant Protocol and the utility of our token, and combined, it is a giant leap forward for the project and the community.
We’ve Already Gotten Started
We have achieved many things and have come a long way from where we began. Our development team has gone through years of hard work while our community has been patiently waiting and supporting us. We are proud of our conservative past, but excited for a more aggressive future. We have already laid the foundation for a world-changing data evolution, but there’s still so much to do.
We have four new, major milestones in our roadmap. Check out our projects below for an idea of just how we plan to launch Quadrant Protocol to the next level.
Our Data Smart Contracts value proposition has been an important part of our project and what we are trying to accomplish here at Quadrant Protocol. In the third quarter of 2020, we’ll be altering the token distribution mechanism, which will trigger a new requirement for eQUAD when executing contracts in the network. More information will be coming out about this crucial cog of our project shortly, so stay tuned!
Token Usage: Platform Licensing Fee
Project: Cape Canaveral
One ultimate goal of Quadrant Protocol is to provide transparency in the data supply chain. With consent becoming an increasingly important factor in data utilization, we are rising to meet the needs of our partners, especially in the location and mobile data industry. Our solution provides our partners with easy-to-use tools to manage consent and stay compliant with regulations, standards, and codes of ethics. The eQUAD token is integrated into our consent management platform and will be used for various crucial functions, including the facilitation of millions of transactions to track consent. More information on the status of the project will be available in the fourth quarter of 2020.
Token Usage: User consent logging on the blockchain
At Quadrant we require data to help enterprises map and analyze our physical world, and Project: Baikonur is underway to enable our community to earn eQUAD while providing data into our network. In the form of a mobile app, it will provide users with the ability to become more engaged with Quadrant Protocol; staking their eQUAD tokens, receiving micropayments for data contributions and validating data in the network. More information about the app will be available in the fourth quarter of 2020.
Token Usage: Earning, Validating, Staking
This project is the manifestation of our capabilities at Quadrant. In partnership with one of the world’s top 5 technology companies, we are building upgrades to our platform to meet the needs of the world’s Fortune 500, governments and NGOs. We will enable next-generation location analysis and provide our partners with unprecedented access and insights into location data all while streamlining their operations. We are excited to provide more information about the Quadrant platform in the first quarter of 2021.
Token Usage: Pay-as-you-Go Platform Currency
A Bright Future
With so much to be excited about in the Quadrant community, we want to thank our community members for their encouragement, feedback, and enthusiasm. We have several big project rollouts on the horizon and will be continuously finding new ways to provide leverage and value to our partners in the utilization of blockchain solutions. Stay tuned as we launch into the 2nd half of 2020.