A new data economy platform, called Quadrant, is set to revolutionize the market. It allows for the mapping of disparate data sources and can help to solve real world problems through smart data contracts.
Quadrant Protocol is set to revolutionize the data economy with a new platform that represents a blueprint for mapping decentralized data. Quadrant is a blockchain based protocol that enables the access, creation and distribution of data products and services with authenticity and provenance at its core.
More information can be found at: https://quadrantprotocol.com
There are a number of problems in the data economy, which Quadrant can help with. Small companies can struggle to create AI innovations, because they lack access to the volumes of data their algorithms need.
In addition to this, the data that small companies do have access to can produce poor algorithm results due to its questionable authenticity. What’s more, data producers can lack the incentives to provide the volumes of authentic data required.
Visitors to the Quadrant site will discover that the data economy is similar to space, because it is both unmapped and chaotic. The new Quadrant platform works as a blueprint that can provide an organized system for the utilization of decentralized data.
There are a number of key benefits to Quadrant, including data stamping, constellation creation, and enriched data and services. By providing a blueprint for mapping disparate data sources, it aims to solve the common problems faced in the data economy.
Quadrant will support proof of data authenticity and provenance through data stamping, and the creation of special smart data contracts called Constellations for disparate data sources.
On the platform, data consumers can reliably trust the authenticity of the data they purchase, while data producers are compensated fairly every time their data is used. All the while, data vendors have the incentive to create innovative Constellations of their own.
The greatest potential for Quadrant’s impact is in the fact that it allows bright data minds to find linkages between different Constellations, and thus create mega Constellations that can be used to solve real world problems.
Full details on Quadrant and what it means for the data economy can be found on the URL above.