Quadrant Protocol: Information More Expensive with the Project

Today we will talk about some similarities between works of art and information that entrepreneurs are selling and buying for their own benefit and how the Quadrant Protocol will be able to participate in this process .

History - reason for extra charge

Do you know what makes the picture in the gallery more valuable? It is not authorship or cultural significance. This is not even an artistic value, a set of images and sub-meanings, with which it is filled. The most valuable picture for the collection is the one whose provenance is clearly stated and easily confirmed. Do not be ashamed if you are not already familiar with this word: be sure that 95% of your friends are in exactly the same situation, too narrowly specialized. 

Provenance is something like the history of a work of art, or rather, a complete list of all its movements and change of owners. If ever you are lucky enough to become a spectator (or participant!) Of auction auctions around a painting or a sculpture, you will surely hear how the lizard tells about all its advantages, but in no way will he forget to mention that she has a full provenance with which you can get acquainted.

The history of who and how many owned the picture can confirm its origin and decide whether it is genuine or not. But you will be quite surprised when you learn that information can be acted in exactly the same way, and its provenance plays an important role in this.

For example, imagine that one of the big companies for the supply of cement put up for sale information about who bought the most of the product from them and when. These data can be useful to those involved in the construction business and not only: the infrastructure is also interested in being where it needs. Nevertheless, they do not want to buy a "cat in a poke": the cement supplier did not cost an hour or a half to create an Excel spreadsheet and write down in detail all the fake sales that they decided to present as real.

Therefore, they will look for data from someone who can confirm them using the Quadrant Protocol. The block database database developed by the startup developers will have a detailed description of all operations that took place in the course of the cement trade, which means that the buyer of the information will be sure that he is not selling the "lime". At the same time, the data vendors who use the Quadrant Protocol will be able to reasonably raise the price for their product, because its reliability is beyond doubt. Provenance information is observed: the buyer will know exactly its origin.

The player with fresh strength enters the market

Earlier, the best in this business - data trading, were their biggest owners - Google and Facebook. Well, it looks like we will again witness how the blocking start-up selects the leading positions in this or that sphere. Earlier, we saw how decentralized platforms saw that advertising could be more effective, and entertainment content better. But today not on this. 

Every day, these two companies collect terabytes of information from all over the world, where their services are used through various devices. And, it would seem, that or who can be better than them, because they receive metadata from around the world, and they clearly do not have to create untrue information, because collecting it from various devices is quite easy. But it does not take into account the fact that this information may not be accurate, as it is collected from sources that did not think about it.

Moreover, this is also not entirely consistent with the law. Normative acts of almost all countries consider such actions a violation of human rights. So, not one entrepreneur would like to know at one moment that all his operations, committed on the basis of data obtained illegally, are also, respectively, illegal.

Quadrant Protocol does not have these drawbacks, which means that it can become the No. 1 choice for business all over the world, which will make the distribution of the protocol even more massive. On this today everything, and further, we will analyze some more details of the project and, of course, we will show how it can still be used. To be continued !

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