#[ICO]ORVIUM

gugun189 (31)in #cryptocurrency • 6 years ago

just as few people realize the massive size of the industry, even fewer know that the way the industry is currently set up results in an oligopoly that actually inhibits the spread of scientific information.

This platform has several key features:

Instantaneous proof-of-existence. Manuscripts are available when they are submitted to Orvium.
Copyright and licenses are owned and transferable by the authors.Authors control their work and have rights to potential economic benefits.
Optimal publication and access costs. No monopoly or oligopoly.
Efficient framework with decentralized journals and low maintenance and operational costs.
How it works?

As it was mentioned above, Orvium introduces a new business model into the science market combining four core technologies:

Blockchain and smart contracts
Decentralized storage
Cloud computing
Big data analytics and machine learning

Blockchain and Smart Contracts

Papers, reviews, reviewers, citations, authors, etc. are modeled and stored within the blockchain. Every submission, modification and review is registered in the system and the full life cycle of the work becomes publicly available.
This is a completely new model, introducing numerous benefits: automatic publications, open and transparent review process, citation checks, author validations, analytics etc.
Decentralized Storage

Protocols, such as IPFS, have proven their utility by serving billions of files across global peer-to-peer networks. They are available worldwide, work offline, give permanence to digital information, have no single point of failure and nodes do not need to trust each other. Orvium’s team is determined to create a fully decentralized organization with decentralized storage for papers and scientific material.

Cloud Computing

Cloud computing gives access to shared system resources pools and higher-level services that can be rapidly provisioned with minimal management effort, providing flexibility, global availability and scalability.

Big Data Analytics and Machine Learning Integration

Blockchain transactions are unbreakable, they are stored in a decentralized way and publicly available. This allows to perform open, complex and real-time data analytics on any Orvium data transaction.

Orvium combines big data analytics and machine learning technologies and integrates them into the blockchain to create profound digital infrastructure for scientific research effective management and facilitation. Big data empowers Orvium to join data sources such as transactions in the blockchain and existing research literature, while machine learning unlocks valuable insights.

Orvium Public API

The Orvium platform will be accessible via an open source and public API. The API will provide access to all the business logic, data and meta-data from data storage and the blockchain.

ORV Tokens

Orvium provides complex system of token rewards for different procedures.

Peer Review

Researchers acting as peer reviewers will submit their reviews to Orvium. This represents a change in the life-cycle of the manuscript reviewed, therefore it will also create a public proof-of-existence and authorship of the review in the blockchain.

ORV Token for Peer Reviews Rewards

Reviewers are free to submit reviews to any manuscript at any time. The reviewer may claim the specified amount in case there is a stake in a manuscript submission. If a stake is not available, then the author may not reward the reviewers.

Publish Research Data

Authors can at any moment share the data used in the research. For that authors are able to choose the licensing and copyright model that fits the best.

Copyright and License

User licensing is completely determined by the authors or owner, i.e. they determine the rights to print, redistribute, download, translate or re-use, and they can alter these rights at any time. Depending on the license chosen, downloading or re-using the manuscript may or may not require an Orvium transaction.

Orvium ICO: Public Sale Scheduled for July 2018
While Orvium has not announced the specific date for its ICO, the other pertinent details are as follows:

ORV Tokens for Sale: ~227 million (60% of the total token supply of ~379 million)

Hard Cap: $20 million

Currency Accepted: ETH

ICO Price: 1 ORV = $0.10

Note that there will be a pre-allocation round in June/July prior to the main ICO. Participants in this round will get a 10% bonus. The ICO is being conducted through Bitcoin Suisse, and you can register for it through Orvium’s website.

Road Map: