So if you are like me, you probably scroll through your Facebook feed or Instagram feed once every couple of hours just to check where are your friends and what they are up to? You may also watch a few minutes of YouTube videos and, by this time YouTube probably knows your interests and shows you videos that suits your taste. Facebook also seems to know what you like and where you go, and also shows you customized advertisements and promotions that matches your taste!
Yes, internet has changed the way we communicate. Social media has revolutionized businesses by establishing huge databases of user data. Free to use websites such as Facebook, Twitter and Instagram collect massive amounts of user data from its large user base. These corporations then analyze this data to show personalized advertisement to the users, thereby raking in millions of dollars as revenue.
The Facebook data leak incident which was covered by the media a couple of months back has put the age old question in front of us again: Is our personal data safe in the hands of corporations? The answer is not a simple 'yes' or a 'no', it is way more complicated, given the fact that 'data is the new oil' in this information age. Lots of incidents have been reported in recent times where fake or machine generated data has been sold to buyers worldwide. This not only hampers the productivity of organizations but also renders new technologies such as big data and machine learning which needs vast amounts of data to operate as unusable. The need of the moment is a solution to the world's problems with data and its protection.
The Quadronprotocol Project aims to establish the world's first blockchain based data management and security platform. It wants to end the monopoly of big and established organizations when it comes to data management and storage. The platform will provide a decentralized and secure ecosystem for storage and distribution of real world data. It will help in research and advancement of technology such as big data, machine learning and artificial intelligence.
Blockchain has solved many of the age old problems using cutting edge and innovative techniques. This is one of the areas which has come under massive scrutiny due to the sheer scale of the industry. Personally, I am very protective about my privacy and my personal data. I like to research about a platform before registering with my personal data. The Quadronprotocol ecosystem will revolutionize the way data is managed, stored and protected. I believe this is going to be one of the top blockchain based projects to watch out for in 2018!
Website - https://www.quadrantprotocol.com/
Whitepaper - https://www.quadrantprotocol.com/whitepaper.pdf
ANN - https://bitcointalk.org/index.php?topic=3676988.0
Telegram - https://t.me/quadrantprotocol
Published by - prince0200
Profile - https://bitcointalk.org/index.php?action=profile;u=1807689
Nice blog ,
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