Advancement in science and technology is brought about by quality research. New and cutting-edge research is accepted by the industry, which turns it into products or applications that in turn has the power to change the way humans live and interact. Quality research always leads to quality products which promises to revolutionize the human society in one way or the other. However, a conclusive research that opens up the path for new products or improvements in old products come at a price. Years of study on different theoretical and practical subjects followed by rigorous field testing of the results make the process a very complicated one. Finances and funding is must for research, without which it is not possible to sustain long-term projects. On top of the operational costs, a lion's share of the funds allocated to research goes into finally publishing the results. The big name publishers often charge hefty amounts to approve and publish quality research articles. This eats away a chunk of the grant allocated for quality research work. The Orvium Project aims to change this by introducing a truly decentralized blockchain based real-time scientific research publishing ecosystem, that promises to pass on the benefits to the consumers.
Scientific knowledge drives the human race forward into the future. It is very essential that there is a constant flow of grants and funding into this area which goes into making groundbreaking discoveries. The monopoly of the top five scientific research publishing giants has made the whole process a very centralized one, where the market is solely controlled by these organizations. Not only the scientific research is funded mostly by governmental organizations but it is government aided institutions that usually buy the crux of the research materials. The scientists who work on as researchers and the ones who review the work before allowing those to be published are also sponsored or funded by the Government. All the work seems to be funded by the Government, of which the biggest beneficiaries are the publishing houses. The vicious cycle of research, publication and review only fills the coffers of the publishing houses – whose profit percentage on project basis have been reported to be more than that of Google or even Apple in some cases. The Orvium Project wants to disrupt the entire industry scientific research publishing industry by revolutionizing the approach to publishing research papers.
Orvium wants to establish a trustless and decentralized ecosystem that can host automated and peer-reviewed scientific journal publishing platform. This will enable low cost and a subscription-less model publication for scientific research papers. The Orvium Projects will fund the initial development, maintenance and the general promotion of the ecosystem among the scientific community through an Initial Coin Offering (ICO). Investors can buy the Orvium Token (ORV) by participating in the ICO. The ORV token will be used for all the financial transactions performed on the ecosystem, such as for subscribing to or validating a research paper. The ORV token can also be exchanged with other tokens through major cryptocurrency exchanges.
The Orvium Project will truly bring a revolution to how research is conducted and published. With its fully transparent and secure digital ledger system, the monopoly of the existing research publishing giants can be ended. The blockchain's decentralized nature and embedded smart contracts will automate most of the mundane tasks that is prevalent in today's publishing industry. This will lower the operational costs of the platform, and it will pass on the benefits to the researchers. Lead by a team with diverse experience across multiple sectors, the strategy of Orvium is sure to benefit and aid in scientific research. Blockchain in itself is a marvel of technology that enforces security and transparency on the same network. Now, this marvel of technology is going to pave the way for more such groundbreaking research works that will change how we perceive the world around us. When that happens, Orvium will be at the forefront!
Website – https://orvium.io/
Whitepaper – https://orvium.docsend.com/view/nvr6ywj
ANN - https://bitcointalk.org/index.php?topic=3535259.0
Telegram - https://t.me/orvium