Senin, 14 Mei 2018

QUADRANT PROTOCOL

QUADRANT PROTOCOL

A BLUEPRINT FOR MAPPING DECENTRALIZED DATA

Hallo all …. Here I will describe a very nice platform where blockchain based protocols that allow access, manufacture and distribution of data products and services with originality and origin at the core.
For more details, let’s look together >>>>>>>
What is Quadrant?
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.
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 will utilise two different currencies for its network: eQuad and QUAD. 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. eQuad is an ERC-20-compliant token that will be sold during the Token Generation Event (TGE). It may be converted into QUAD via a gateway when the Quadrant mainnet is launched.
The Problems
There are four major problems facing the data economy:
  1. A widening AI data gap between the haves and have-nots
  2. Ubiquitous fake and unauthentic data destroying the usefulness of any algorithm
  3. Unsustainable data feeds breaking production systems when they go offline
  4. Unfair revenue distribution for the original data producers
The Quadrant Protocol
The Quadrant Protocol is envisaged as a blockchain-based network protocol that enables the access to, creation and distribution of data products and services with authenticity and provenance at its core. It is envisioned to act as a blueprint that provides an organised system for the utilisation of decentralised data.
Quadrant maps disparate data sources so that new, innovative data products can potentially be created to help companies meet their data needs.
This is intended to be made possible through the participation of the following stakeholders:
  • Nurseries— the Atomic Data Producers (ADPs) that create the original data records. They create Stars (raw data), which can then be grouped into Constellations.
  • Pioneers— the Data Vendors that create data products with the smart contracts on Quadrant.
  • Elons— the visionaries that utilise the created data products and with them, build new and unique products and services. They rely on Constellations and Constellation blueprints to make sense of the data space, which they will travel through.
  • Guardians— the master nodes that protect the integrity of the chain, ensuring that it is not compromised. The Guardians ensure that the Constellations created by the Pioneers are not compromised and provide the services of stamping, authenticating and verifying data.
Features
Quadrant is intended to have the following features that are aimed at helping to solve the problems in the data economy:
Proof of Data Authenticity and Provenance 
The foundations of the data economy must be built on trust. Blockchain is the perfect candidate to facilitate this trust because it offers an immutable record of historical activity. Quadrant will require that all data is publicly stamped so that its origin will always be known. Any stakeholder can learn the provenance of a data feed at any time.
It cannot be overstated how important trust is to the data economy. Without it, the current problems will continue to persist. People will still transact data in a way that is opaque and fraught with risk. All the technology in the world will not be able to provide authentic data from disparate sources to the companies that need it.
To give an example of how data stamping works, consider a Pioneer creating a daily push of data to a Data Consumer. The Pioneer will hash the data of the day and push the DNA stamp of the data to Quadrant. When the Data Consumer receives the data, it hashes it to verify that the data that has been received is the same as the data that was produced. If the data matches, the Data Consumer has proof of acquisition. If the data does not match, the two parties may contact each other to sort out the problem.
Client software will be provided to stamp and verify data. Updates can be tracked via GitHub.
Constellations for Disparate Data Sources
Constellations are envisioned to be the key to bringing together disparate data sources in such a way that they can be used by Pioneers, Elons and other Data Consumers to compete with big firms. Constellations are intended to level the playing field so that everyone has access to the data that they need when they need it, which is projected to inspire a new generation of data scientists to discover revolutionary insights; enable new businesses to form; allow people to build upon data from others instead of recreating the same; give smart people a chance to receive remuneration through combining data sets into valuable data products.
Fair Remuneration and Incentive Sharing
Potentially, Pioneers will no longer have to worry about the manual process of figuring out how much incentive each Nursery deserves when an aggregated data product is sold on the Quadrant network. Through the Constellations of the Quadrant protocol, Pioneers will know exactly which Nurseries contributed what and how much each deserves. These will all be done automatically without the need for intervention by any party.
For example, a mobile data Pioneer aggregates data from Singtel, StarHub and M1 and creates a product from it. When an Elon buys the product on the Quadrant network, the Constellation will automatically share the payment for the product between the parties.
There are cases in which millions of individuals, devices, or sensors contribute data to an aggregated product. Each piece of data on its own is worth fractions of a penny, making incentive sharing impossible. The Constellations of the Quadrant protocol are intended to handle the distribution of these micro-payments through the use of the QUAD token.
TOKEN SALE OVERVIEW
Soft Cap/ Hard Cap: $20 million USD hard cap (May be updated to peg to ETH), $3 million USD soft cap
Currencies for Buying Token: ETH
Price: $0.05 USD = 1 eQuad (ETH will be pegged the day before sale)
Who Can Participate: Whitelisting process. No citizens of United States of America, Canada, New Zealand, People’s Republic of China and the Republic of Korea, or participants who fail to successfully pass KYC/AML checks
eQuad Supply: 1,000,000,000 eQuad
eQuad Distribution: 40% Crowd-sale, 20% to be held by Company, 20% Stakeholders, 10% Reserve, 10% Team
Type Of Token: ERC-20
Public Sale: To Be Announced
Distribution Token
Pool A– Crowd-sale 40% will be allocated for sale (Private Sale and Public Sale phases). Unsold eQuad will be held in a reserve for a future token sale to be held no sooner than 2 years after the close of the Public Sale.
Pool B— Company 20% will be held by the Company as reserves.
Pool C— Company Operations 20% will be allocated towards advisory, security and operational purposes.
Pool D— Company Reserve 10% will be allocated towards partner and community development to incentivise participation (these will be locked initially and made transferrable monthly with annual rates of 40%, 30%, 15%, 10% and 5%).
Pool E— Team 10% will be allocated to the Quadrant Protocol team (these will be locked initially and made transferrable monthly over 5 years).
Token Allocation
R&D 30% will be allocated for the building of the network, building SDKs for different applications (including mobile and IoT), creating front-end interfaces for the creation of Constellations, creating a portal interface for purchasing data products and creating clients for accessing and reading the chain.
Business & Network Development 35% will be allocated for creating programs to encourage high-quality data being brought to the network. This includes a special program for the development of Elons. Based on the years of experience that the Quadrant Protocol team possesses, it will prioritise filling the missing data gaps in the market. The Quadrant Protocol team will also foster innovative usage cases and solutions based on the data available in the network. This is intended to help more sellers in bringing highquality data to the network.
Operations & Security 25% will be allocated for daily operations, running of nodes, network security and the security of Constellations on the network.
Legal, Accounting & Compliance 5% will be allocated for ensuring that frameworks are in place for data licensing and that all accounting and compliance is done correctly.
Treasury 5% will be allocated to ensure the smooth running of the system and that no one is shut out and cannot use the services due to unavailability of tokens.
ROAD MAP
Team
Mike Davie: CEO and Founder
Barkha Jasani: Head of Research & Technical Development
Sharique Azam: Big Data Architect & Blockchain Engineer
Roger Ganga: Data Scientist & Android Blockchain Developer
Marlina Farhin: Front-end Developer
Navas Khan: Marketing Lead
Nikos Kostopoulos: EU Community Manager
Advisors
Dorjee Sun: COO, Santiment.net
Benedict Chan: Chief Technology Officer, BitGo
Hari Krishnan: CEO, PropertyGuru
Everett Leonidas: Venture, Aviva
Jeremy Seow: Partner, ChainRock
Whit Walker: Growth Strategy, Fiverr
More Details Click Link Bellow:
Diposting oleh di

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)