ORVIUM A HAVEN FOR SCIENTIFIC RESEARCHERS

in #bitcoin6 years ago (edited)

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Raise your hand if you’ve never quite gotten all you needed from reading a book for research purposes. This can pose a big problem especially for those who read said books for the purpose of scientific research. In the past this would have been a stumbling block to hinder the true capacity of attaining scientific knowledge, but thanks to the technological advancements of the internet, such difficulties have been reduced.

Granted the publishing industry on its own is a voracious resource but a large number of its top profits are gotten from books termed “scientific”, allowing the industry to compete with technological profit giants such as Google and Microsoft. However, in every system, there is an unfortunate flaw. In contrast to normal publishers, the scientific publishers have created a system that pushes the publication efforts and costs to the research community. This system, has been regularly criticized because its outlandish economic model which has had several problems affecting the research community. Some of these problems include:

· High publication costs

· Copyrights held by publishers rather than authors

· Long and often biased publications

· Lack of rewards and recognition for reviewers

· Spread of low quality journals

One would think that these costs would reduce and make research journals more accessible with the advent of the internet, but like many other industries have, the scientific publishing industry has also adapted and evolved with the availability of internet materials such as “E-books”, on the platform. These new technologies are now used to increase revenues and benefits, without improving their business model, leaving academic research to become more restrictive rather than open, leaving researchers and research institutions frustrated at the stunted research growth.

With all these biases and inefficiencies in the publication market, how then are we to reduce, if not reverse these barriers? Enter the solution- ORVIUM

Orvium, works to eliminate market inefficiencies and improve the quality and effectiveness of scientific publishing. Its ultimate objective is for it to be the leading publication platform for the research community, while returning the much needed benefits of science to the society. This will be accomplished by the unique and seamless integration of cutting-edge technologies: Orvium leverages a unique and seamless integration of cutting-edge technologies:

· Ethereum blockchain and smart contracts

· Decentralized storage solutions

· Big data analytics and cloud computing, to create a platform to process, validate, and disseminate research data and results.

The Orvium platform is inculcated with the seamless and incorruptible blockchain technology where smart contracts are irreversible but transparent. Once a writer/author/researcher completes his/her work and post, there is an record that shows existence of the posted manuscripts. So every writer is a sole owner of the copyright, licenses and retains control of their work and its earnings. This in a way;

  1. Earnings are properly calculated in a transparent way
  2. Reduced maintenance and operational cost of production.
  3. Create a social platform where like minds can interact effectively
  4. Prices of book can not be influenced by publishers
  5. Eliminate third party interference
  6. Eliminating subscription fee.

ORVIUM TOKEN ECONOMICS

The Orvium Token is a digitalized currency on the Orvium platform it will help Orvium business model to improve on revenue while supporting global research and it’s built specifically for the platform. The different phases of a manuscripts’ and journals’ life cycles, such as manuscript submission, peer review, payments for copyright licenses, research data sharing, journal management, etc., will generate exchanges of ORV between institutions, authors, peer reviewers, journal owners, and readers.

CONCLUSION

As said by A.P.J. Abdul Kalam,“Science is a beautiful gift to humanity; we should not distort it”. Science is not just a beautiful gift to humanity but also one of the most important components of human heritage. As such, science and associated research activities need to be protected and preserved in their purest state while open access to the scientific knowledge needs to be ensured. This decentralization will unlock the full potential of a new, fair, transparent industry encompassing all these qualities.

https://t.me/orvium
https://bitcointalk.org/index.php?topic=3535259.0
https://orvium.io/

Bitciontalk username: @baoli

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