The world is filled with loads of new technologies which are merging towards making lives easier. The blockchain technology is arguably one of the most exciting ones and it has already been labeled as disruptive and innovative. It conveys the concept of recording transactions in a secure, stable and through a chronological way. Despite many issues unwanted centralization for slow transaction verification still it is a good source of making transaction that saves time also tries and finds the balance between security and speed. With all these advantages a number of blockchain networks are on spot and Quadrant is one of the blockchain-based protocol. It is a blueprint for mapping decentralized data enabling the access in the creation of distribution of data products and services with the authenticity and provenance at its core. Quadrant also follows different details and strategy to make the system usable enough.
Market Size
According to the International Data Corporation, it needs to put the value of global big data and business analytics revenue of USD 130.1 billion annually in 2016. It is a number which is expected to grow to over USD 200 billion by the year 2020. The companies working with the Artificial Intelligence have proven should have an unstable appetite for the data from the ever-increasing variety of sources. It is estimated by the Dresner Advisory Services that 53% of companies utilized for the bigger number of data for the analytics purpose by the year 2017 and the number is still increasing to 36% since 2015. The companies are using these data in terms of solving the complex problems, detecting the trends, creating new products that will introduce as a unique component into the market.
Company Profile
The Quadrant Network is going to be targeted for the data-hungry companies. This is been starting as a focus on the location intelligence industry. It is into the entire sub-section of bigger data in need of cleaning up the process. After that, the Quadrant network will be focused on being the alternative data space for being in the companies can access a larger number of compliant data. In the near future, the Quadrant Protocol team will seek for the expansion into IoT and medical data. It expands with two different areas in which are compliant and authentic data is critical.
Different Strategy
The data marketplace stays as the middlemen are already and Quadrant is making it accessible to everyone. Conversely, these entities need to hide into the sources and intentionally making the water murky and the reason is understandable enough. It needs to be ensured for a competitive edge. This can happen by giving the way to have in others. The approach needs to make the world a better place in other competitive ways.
Quadrant Model
By virtue of its decentralized model of Quadrant is aimed by making differentiating it and for this, it needs to provide the framework for authentic and trustworthy data. Even the compliant data also differentiates so that it can have the government knocks on the door of Data Consumers to ask obtaining their data they can answer with confidence. The companies are projected to see the values added to the approach to opt into the move away from the opaque marketplaces.
Quadrant is taking a lot of necessary steps in terms of making the system usable enough for the users. They are improvising newer market strategies and services so that the users can use Quadrant in an easy manner.
Website : https://www.quadrantprotocol.com/
Ann Thread : https://bitcointalk.org/index.php?topic=3676988.0
Telegram : https://t.me/quadrantprotocol