Buy Quadrant Protocol (EQUAD)
What is Quadrant Protocol?
Quadrant Protocol is a blockchain-based protocol designed to enable the access, creation, and distribution of data products and services, with authenticity and provenance as fundamental aspects. It operates on the Ethereum blockchain and uses a native token called eQUAD for facilitating transactions and incentives within its ecosystem.
How does Quadrant Protocol work?
Quadrant Protocol functions by stamping data at its source with a unique signature, which allows tracing and verifying any data point back to its origin. This ensures the authenticity of the data. Although the specific consensus mechanism isn't detailed, it commonly utilises blockchain technology similar to Proof of Authority (PoA) practices for validation. Smart contracts on the platform handle data transactions and maintain transparency and security.
What are the potential use cases for Quadrant Protocol?
Quadrant Protocol has several potential use cases across various industries, including:
- Location Data Collection: Through the Geolancer app, users can collect, validate, and sell location data, which supports businesses in making informed decisions.
- Mapping and Ride-Hailing: Used by major industry players for accurate mapping and data services.
- Data-as-a-Service (DaaS) and AI Services: Facilitates the secure exchange of data and AI services between organisations.
- Utility NFTs: Designed to incentivise data collection from remote areas, benefiting enterprises and mapping companies.
What is the history of Quadrant Protocol?
Quadrant Protocol was founded by Mike Davie in Q3 2017. The project began with solution architecture development, followed by drafting the whitepaper in Q4 2017. A token generation event occurred in Q1 2018, progressing towards the mainnet release and other technical advancements in subsequent years. Noteworthy milestones include launching the Geolancer app and forming partnerships with companies across various sectors, enhancing its presence in the market.
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Frequently Asked Questions (FAQs)
What is the current price of Quadrant Protocol (EQUAD)?
The Quadrant Protocol price is $0.00893355 AUD, representing a -0.93% from the day prior.
Where is the best place to buy Quadrant Protocol (EQUAD) in Australia?
The best place to buy Quadrant Protocol (EQUAD) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Quadrant Protocol (EQUAD) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Quadrant Protocol (EQUAD)?
The trading volume of Quadrant Protocol (EQUAD) is $11 AUD in the last 24hrs, representing a -0.93% from the day prior.
How can I buy Quadrant Protocol (EQUAD)?
Quadrant Protocol (EQUAD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Quadrant Protocol (EQUAD)?
The current market cap of Quadrant Protocol (EQUAD) is $4.9M AUD.
Can I convert Quadrant Protocol (EQUAD) to cash?
Yes - With Coinstash you can convert your Quadrant Protocol (EQUAD) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Quadrant Protocol (EQUAD) are there?
The current circulating supply of Quadrant Protocol (EQUAD) is 543.2M.
Is Coinstash a safe place to buy Quadrant Protocol (EQUAD) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Quadrant Protocol (EQUAD) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.