Quadrant Protocol, a blueprint for mapping decentralized data, announced today that it has established partnerships with more than 30 backers representing 15 countries from around the world.
These partnerships, which include Alpha JWC Ventures, Kenetic, ChainRock, Merkle Tree Ventures, Malaysia’s Coin Capital, China’s Zeroth.AI, and Switzerland’s Block0 will help ensure long-term success and adoption of Quadrant’s data protocol.
The deals follow the successful end last month of Quadrant’s private token sale, which raised $15 million USD. There is still an opportunity for participation in the public token sale, which ends on July 26th.
“The support of these global partners is a strong validation of Quadrant Protocol’s platform and roadmap. A common thread between our partners is their commitment to build local communities around Quadrant and connect us to AI, data projects, and companies.”
Quadrant’s announcement of its international partners also comes on the heels of an agreement to collaborate with Singapore’s Info-communications Media Development Authority (IMDA) to implement a commercial AI and microservices layer on DataStreamX, powered by Quadrant Protocol.
The company’s near-term roadmap includes further development of a network and user base of AI and data companies around the world, allowing real-world solutions for mapping decentralized data to be brought to market.
One such partnership with Alphablock Indonesia is set to forge inroads into the rapidly growing data marketplaces in various countries in Asia.
“Quadrant Protocol is revolutionary, we are fond of their business model and experienced team on data service authenticity and provenance. Quadrant stamps solve many issues not just by differentiating databases, but also by stamping original data ownership. There will be a big market potential in Indonesia.”
The partnership will focus on educating the Indonesian data and technology communities through forums and conferences.
“Quadrant protocol will add a new commodity to the market: the data commodity. We love the Quadrant team. They are energetic, knowledgeable, and the team has put their love and effort into the project. VB Capital is a foundation at the frontier of blockchain technology and we are excited to be part of this project.”
VB Capital is a global venture fund investing in blockchain technology. They invest in companies that can create a better world through the use of blockchain.