THE REVOLUTIONIZED OPEN SOURCE AND DECENTRALIZED BLOCKCHAIN PLATFORM FOR SCHOLARLY PUBLICATIONS

in #cryptocurrency8 years ago (edited)

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INTRODUCTION

According to FoxBusiness report, Bill Gates once stated that bitcoin is better than the normal currency, in that someone does not have to be in a place before large transactions are made possible. As a result of this, many businesses have utilized the potential of blockchain technology because the technology serves as a savior to deliver them from the challenges that the jurisdictions pose on them. For instance, a stat shows that out of about 150 million startups that emerge every year, only 50 million of them make it through. One of the reasons why most startups businesses failed was as a result of a lack of capital. But the invention of cryptocurrency has helped many startups businesses to raise funds. However, cryptocurrency seems to be failing because the technology is now slow in transactions, and recently the technology has been faced with hack issues which makes investors unwilling to invest in cryptocurrency, in addition to the setbacks that it causes for new start-ups businesses. But fortunately, Orvium has come to provide a new era decentralized technology with the aim of primarily helping scholarly publications' life cycles.

INTRODUCING ORVIUM
Orvium is the first open source and decentralized platform in the world to offer managerial approach to scholarly publications' life cycles and the associated data.

Orvium is returning power back to the author as they can now select license and own the copyright to their works. It also offers research data and process that empowers scientists share their research through the research data code.

PROSPECTS
Orvium offers a decentralized, fair and transparent competitive market that is free of bias and private interests. Authors now have the total right over their works and no longer shall copyrights be in the hands of publishers.

Orvium features a transparent blockchain that keeps records of all activities such as accepted reviews, user license changes, revisions and submissions of scientific materials for publications.

Orvium’s aim is to eliminate market inefficiencies while improving the effectiveness and quality of the scientific publishing industry. Orvium is set to become a leader in the scientific publication industry and targets the return of scientific benefits to the society.

HOW ORVIUM WILL SOLVE THE PROBLEM
It should be understood that Orvium is here to cause a disruption in the traditional scientific publishing industry. It utilizes unique cutting-edge technologies such as smart contracts, Ethereum blockchain, big data analytics, cloud computing and decentralized storage solutions in its bid to establish a platform that will validate, process and disseminate research data and results.

The Orvium platform has some of these amazing features:
🔰Seamless integration between research data and results
🔰Optimal publication and access costs: This ensures prices are not influenced by oligopolistic and monopolistic structure of markets.
🔰Authors’ ownership of license and copyright: No longer shall publishers have the right of copyrights but these copyrights are returned to the rightful owners- authors.
🔰Instantaneous proof-of-existence: This ensures that manuscripts get published as soon as they are submitted.
Transparency in the calculation of quality metrics such as peer review quality and impact factor.
Orvium operates an open source scheme and therefore, all software developed by Orvium will be open sourced.

TECHNOLOGY
Orvium utilizes the blockchain technology for its decentralization tendencies. Other technologies found on Orvium are open source framework, decentralized storage, big data analytics and artificial intelligence.

TOKEN
The Orvium token will be used in the publication model in the following ways:
• Scientific review
• Manuscript submission
• Research data
• Copyright and license.

TO LEARN MORE ABOUT ORVIUM KINDLY VISIT THE FOLLOWING CHANNELS

Website: https://orvium.io
Whitepaper: https://orvium.docsend.com/view/nvr6ywj
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3535259.0
Twitter: https://twitter.com/orvium
Telegram: https://t.me/orvium

Author Information:

Bitcointalk Username: seblbj

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2022050;sa=summary

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