ANNOUNCING THE QUADRANT PROTOCOL & BLUZELLE PARTNERSHIP


They are excited to announce that Quadrant Protocol and Bluzelle are partnering together to create a distributed storage mechanism for decentralized, disparate data sources.
Quadrant Protocol allows its users to access, create, and distribute data products and services on their blockchain-enabled protocol. Bluzelle’s decentralized database solutions will give users of Quadrant a new and innovative storage opportunity with advanced data access security. For Bluzelle’s users, this translates to higher usage rates of their storage. Data transactions on Quadrant that have Bluzelle chosen as storage solution will allow data to flow into Bluzelle’s decentralized storage providers.
Over the coming months, the two teams will be working side-by-side to implement and integrate these projects into their ecosystems and better envision a transparent protocol for data transitioning
They’re excited to partner with Pavel Bains and his team. This partnership with Bluzelle will give Their users a clever storage solution for their needs. They are always looking to make Their product more robust. Bluzelle’s decentralized database storage solution is perfect for us to make Their offering exactly that for Their users.
Mike Davie, CEO of Quadrant Protocol, on the partnership
Helping create decentralized storage and usage solutions for data is the core tenet of Bluzelle, and nowhere is this truer than an ecosystem built around accessing, building, and distributing data products. Quadrant’s team has a history in this space and their experience is vital to helping us achieve Their vision. This partnership will allow the mass adoption of data innovations built with the support of the two networks.
Pavel Bains, CEO of Bluzelle, on the partnership
About Bluzelle
Bluzelle is a decentralized, on-demand, scalable database for dApps. It is for software developers who are dissatisfied with the costs, limited scalability, and complexity of existing database systems. Bluzelle is low-cost, quick to deploy, provides unparalleled performance, and has a solid scalability path. Bluzelle provides enterprise-grade database services at a price affordable to all dApp developers.
The team has already built trusted blockchain tech for enterprise-level businesses including Microsoft, HSBC, AIA & KPMG, and they are now partnering with Quadrant Protocol to build out Bluzelle’s ecosystem.
About Quadrant Protocol
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. The data economy is similar to space: unmapped and chaotic. Quadrant serves as the blueprint that provides an organized system for the utilization of decentralized data.
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.
Stakeholder Benefits Data Consumers, Pioneers, Nurseries and Elons are all projected to benefit from Quadrant.
Data Consumers First and foremost, Data Consumers (AI, Machine Learning and other data-hungry companies) are intended to have access to authentic data feeds. This will help them to achieve the best results
from their data-driven solutions. Quadrant also helps them with regulatory compliance because they can be sure of data provenance.
Pioneers will be able to prove the ownership of their data products and ensure that they transact only what they stamp. Quadrant will potentially help them to be seen as a transparent and trusted supplier. They are intended to be able to ensure proper incentive sharing with other entities using their feed, as well as having the incentive sharing process automated.
Nurseries are intended to be rightfully remunerated for any data that they provide, regardless of how many times it is sold by Pioneers on the Quadrant network. They will be able to see how far up the chain that their data is used, and they can provide their data to multiple Constellations that solve different problems.
Elons potentially have the power to change the world using the Constellations mapped onto the Quadrant network. These are intended to be some of the smartest people and companies on the planet that can do incredible things with data. They should be able to create linkages between disparate data sources to develop new data products that will help everyone from individuals and SMEs to Fortune 500 companies. There is no question that the world needs this if it is going to meet the challenges of the future.
Cross Pollination Cross pollination is projected to be reduced because the data will be stamped on the Quadrant network at the source. Data Consumers will hence be assured that they are getting the data in the same state as when it was created. If there are any doubts about authenticity, Data Consumers can prove that they received the data as intended from the Pioneers. The liability, therefore, shifts to the Pioneers to prove that they owned everything that they sent to the Data Consumers.
As combining data sources is encouraged, Data Consumers who purchase from different participants in the network will be able to see if the same data exists in multiple contracts. This allows them to avoid purchasing duplicate data from the Quadrant network.
Use Case for Quadrant and Constellations Let one consider a real example of a data value chain for Mobile Location Intelligence data: a government body is doing a project in which it wants to understand the most crowded roadways in the morning and understand where everyone comes from. To execute this study, the government
will enlist a Mobile Location Intelligence company to do this work. This intelligence company will gather data from multiple Location Aggregators who source the data from the many SDK providers that produce this data. These SDK providers install their libraries in thousands of Apps from publishers who in turn have their Apps installed in millions of mobile devices. It is quite complex for such a simple use case.
By making Constellations available on Quadrant, they can be aggregated to form new Constellations at each level along the data value chain. It will never be the case in which the top Data Consumer sources directly from the millions of devices. What the Quadrant protocol can enable is that when the top layer Constellation is purchased, then all the corresponding Constellations are also triggered, hence enabling the release and remuneration of each party from the Location Aggregators, to the SDKs and Publishers.
Widespread Token Distribution New use cases are projected to emerge in which individual devices and sensors are remunerated for their data contributions. Applications that source from IoT or mobile devices require millions of individual endpoints to produce useful data products. Each of these endpoints will require remuneration in the form of micro-payments. These payments will be made using the QUAD token of the Quadrant network.
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