The world of science and technology has always evolved around research and discoveries. Every now and then, people come up with various write-ups based on their research activities with innovative ideas to spread the great ideas science has for the world. Obviously modern technology cannot do without the incredible ideas that blockchain technology comes along with. The ultimate focus of most blockchain-based projects is geared towards providing solutions to the problems affecting humanity. On the other, most scientific discoveries are made to produce a positive impact on the lives of humans. As such, projects that are blockchain-based with good motive for science discoveries is worth applauding.
WHAT IS EUREKA?
EUREKA project is a blockchain-based project that would provide
a technology based solutions to publishers both indirectly and directly through the EUREKA Platform for
decentralising publishing.
Publishing houses especially those who are into scientific research and discoveries publications will pay license fees to EUREKA Blockchain Solutions GmbH for the use and integration of the EUREKA Platform while running their operations over the technology platform provided by EUREKA Blockchain Solutions GmbH.
OVERVIEW OF THE EUREKA PLATFORM
The EUREKA Platform which is operated by EUREKA Blockchain Solutions GmbH, is a token-operated science publishing ecosystem on a blockchain networking system. Through the use of smart
contracts on the EUREKA Platform, the whole publishing process that is, submission,
reviewing, rating, decentralised publishing and funding decisions can be made with more efficiency.
Across the globe, academia is faced with many challenges that affects the timely publication of research articles and discoveries.
The EUREKA Platform through blockchain technology, will enable stakeholders such as scholars, universities etc to publish their journals with more transparency through the Ethereum network.
The peer-to-peer scientific data publishing platform provided by Eureka solutions will be the first to publish peer reviewed articles with a blockchain based ratings and review system, known as ‘EUREKA’.
ScienceMatters is already an existing platform with a good track record in the publishing business since February, 2016.
The founder of EUREKA and of ScienceMatters, Dr Lawrence Rajendran is a professor of neuroscience at the University of Zurich and also at the King’s College London and is known in academic circles for his pioneering research particularly on Alzheimer’s disease. The frustration with the limitations of the existing scientific publishing system with adequate credibility inspired the founder of EUREKA and ScienceMatters to come out with this initiative.
At the moment, the first researcher to publish a findings or a discovery overcomes other researchers to the publishing finish line, so there is a winner takes all situation. The main scientific findings only publish novel, thus the other researchers who have conducted studies that confirm or protest the results published elsewhere might never get their works published. Hence there are doubts as to whether published research can be repeated.
With this amazing initiative, advantages of using blockchain technology within the scientific research process are enormous. For instance, data recorded on a blockchain network cannot be altered. Secondly, it is decentralised and transparent for all to see. Using smart contracts, ratings and rewards can be done through an automated process.
EUREKA tokens will be used in rewarding reviewers who undertake peer reviews, reward studies with negative as well as positive feedback and also enable funding of hypothesis and scientific proposals.
The tokens would also give voting rights to the holders that would allow holders to influence scientific studies in many respect. In the current practice, most peer reviews are carried out for free by scholars who have the time to do so. This results in very long wait times and this adversely reduces the number of articles that can be reviewed and published. By rewarding reviewers with EUREKA tokens this will accelerate the peer review process by attracting more individuals who are involved in the article reviewing process. It is important to note that not only reviewers would be rewarded for their efforts, referenced authors will also be rewarded.
For more details on the project visit the links below;
WEBSITE
WHITEPAPER
ANN THREAD
TELEGRAM
PROOF OF AUTHORSHIP
Bitcointalk Username: Rosemary4u