The team behind land open access publisher ScienceMatters declared these days they're developing a pioneering blockchain-based peer to appear scientific info business critique and rating platform, that's anticipated to have a sweeping impact within the $25 billion scientific business business. this can be the world’s first blockchain based totally scientific business, rating and funding platform that aims to revamp the science business sector.
EUREKA may be a scientific review and rating platform fuelled by the EUREKA token from EKA Blockchain Solutions GmbH. Blockchain has the aptitude to open science and make analysis findings changeless , clear and localized. EUREKA revolutionises the scientific business and reviewing methodology by making it plenty of economical and truthful exploitation the EUREKA token to compensate all parties involved. Scientific discoveries can presently be overtly rated and rewarded supported the quality of the analysis.
Science matters
ScienceMatters is also a scientific on-line business enterprise platform. The team behind ScienceMatters is in addition behind the EUREKA platform. once launching in 2016, ScienceMatters has operated multiple journals and covers all aspects of science business enterprise. among the identical year the company was supported by the european Commission. it's twenty four scientific board members chaired by the Nobelist tutorial. Tom Südhof and around 600 editorial board members from variety of the foremost effective institutes around the world, like Harvard University, Stanford University, ETH and additionally the Max-Planck Institute.
How it works?Revelation Time stamping of scientific knowledge
Scientific observations are timestamped, hashed and recorded on the Ethereum blockchain. this provides the author or discoverer immediate possession rights, and ensures scientists’ and researchers’ discoveries are tamper-proof.
Evaluation Peer-to-peer analysis
Scientific observations endure crowdsourced, peer-to-peer reviews that are transmitted and recorded on the EUREKA platform. The EUREKA platform will produce use of crowdsourced information and reviewers to induce fast, correct evaluations of the work, instead of being restricted to a minimum of one or two reviewers, as is common observe.
Worth assignment Rating
The EUREKA platform’s crowdsourced marking of scientific work will offer researchers nevertheless as publishers with a fresh metric that will be used to decide submissions additional swiftly. Preprints or observations with ratings and reviews are archived through the EUREKA decentralised and distributed system. In cases where the author wishes to publish in AN passing ancient journal, the scores could also be transferred to the journals. The take a glance at scores are out there to funders, universities and prize or awards committees.
Award Funding analysis, career, awards and prizes
EUREKA will have the first blockchain-based scientific system, preprint server and single observation platform that offer reliable, changeless scores and data which is able to be transferred on the blockchain to funders, institutions and on to journals. Sources of funding may produce decisions supported ratings and reviews on the EUREKA platform.
Data analytics AI-based prediction e.g. drug discovery
An artificial intelligence-based prediction tool will make use of ScienceMatters’ algorithm that identifies connected studies and observations by cross referencing annotations and links them to form a narrative. This technology could be leveraged to predict targets for drug development.
EUREKA brings the Blockchain
EUREKA Blockchain Solutions GmbH (incorporation and registration in process), will become a provider of technology to publishers every indirectly and directly, and may develop all the blockchain-based technology to vary a plenty of economical and trustworthy business enterprise technique by introducing the EUREKA Platform for timestamping discoveries, gratifying reviewers and dispersive business enterprise. what's a lot of, the EUREKA token powers the REWARD system, that supports to resolve elementary issues inherent to the current research systems. this permits business enterprise homes, like ScienceMatters, to be one observation publishing house whereas running their operations over the technology platform provided by EUREKA Blockchain Solutions GmbH. business enterprise homes pays license fees to EUREKA Blockchain Solutions GmbH for the employment and integration of the EUREKA Platform.
Problems and Solutions
An artificial intelligence-based prediction tool will make use of ScienceMatters’ algorithm that identifies connected studies and observations by cross referencing annotations and links them to form a narrative. This technology could be leveraged to predict targets for drug development.
EUREKA brings the Blockchain
EUREKA Blockchain Solutions GmbH (incorporation and registration in process), will become a provider of technology to publishers every indirectly and directly, and may develop all the blockchain-based technology to vary a plenty of economical and trustworthy business enterprise technique by introducing the EUREKA Platform for timestamping discoveries, gratifying reviewers and dispersive business enterprise. what's a lot of, the EUREKA token powers the REWARD system, that supports to resolve elementary issues inherent to the current research systems. this permits business enterprise homes, like ScienceMatters, to be one observation publishing house whereas running their operations over the technology platform provided by EUREKA Blockchain Solutions GmbH. business enterprise homes pays license fees to EUREKA Blockchain Solutions GmbH for the employment and integration of the EUREKA Platform.
Problems and Solutions
Academia is facing well-documented serious challenges from current models for studious commercialism including:
Long delays in commercialism analysis
Overreliance of trust in researchers, peer reviewers and publishers that creates unreliableness and unreliability in science
Absence of honest credit for contribution
EUREKA’s REWARD system aims to unravel this problems by allowing:
Publishing in real-time: From the moment of their conception, scientific observations are recorded on the EUREKA platform as single observations or preprints giving the author or inventor:
Immediate possession rights and quick credit and recognition.
Instantaneous feedback from peers.
Instantaneous and open sharing with the scientific community.
Crowdsourced and paid peer-reviewing: By using a blockchain based totally platform we:
Make use of every crowdsourced data and time zones to induce a faster and plenty of correct analysis of the work.
Ensure the review technique is bias-free and supported profit alone.
Enable smart-contract based totally payments to compensate authors, reviewers, equally as anyone administrative unit contributes to the advancement (development) of the work for his or her efforts.
Immutable, clear and suburbanised publishing: commercialism on the EUREKA platform ensures that archived data is changeless, timestamped; version controlled, and firmly distributed so providing an ideal system for analysis data management that doesn't place trust on either the publishers or authors.
Technology
Although, the blockchain-based system aims for unfold, a centralised backend provides a convenience layer to access the blockchain. Besides this backend, the infrastructure consists of a frontend [*fr1] and a blockchain half. The frontend could also be a browser that gets its content from the backend. The frontend must have MetaMask place in this provides a web3 interface to Ethereum.
The EUREKA Token (EKA)
EUREKA tokens and platform are used for:
Submitting articles for review
Proving possession of observations and analysis output with timestamping
Up possibility and down pick articles with EKA micropayments
Voting for awards and prizes
Paying the submission fee, which contains a fee for operational costs and a variable fee to reward a pair of or lots of peer reviewers?
Automatically connecting peer reviewers with manuscript submissions
REWARD ratings from peer reviewers is employed anywhere
Rewarding peer reviewers, authors for citations and for having exceptional REWARD ratings
Research funding exploitation wise contracts: cathartic funds for studies, referee once conditions are met
Token pledges, awards and prizes contributed by organisations for scientists and researchers to attain set milestones and facilitate solve society’s problems
Decentralised, peer-to-peer crowdfunding from the ultimate public to directly pay scientists around the world to conduct analysis studies on the EUREKA Platform into to a lower place
researched diseases and ailments
In the EUREKA Marketplace as a high-quality live for analysis proposals
Token Sale
Accepted currencies: BTC, ETH
Token Ticker Symbol: EKA
Public Sale value per Token ($): zero.10
Total offer (#): 298,607,040
Tokens for ICO Sale (#): 149,303,520
Hard Cap ($): fourteen,930,3521
Soft Cap ($): a try of,000,000
Roadmap
According to the road map of the EUREKA project provides for the implementation of the subsequent actions:
September 2018 - begin of personal token sales and pre-ICO, achievement of team members;
the fourth quarter of 2018-PR campaign, bounty and selling campaign, preparation for ICO, testing of the program code;
Two thousand nineteen:
the first quarter – holding the ICO, the launch of the core network and its alpha-testing, access to cryptocurrency exchange (listing token EUREKA);
second-fourth quarter-platform development, access to new markets;
the fourth quarter-full launch of the platform, selling campaign, localization.
In the long run (starting from 2020) it's planned to issue the rights to the trademark, any development of the platform, increase its quality.
Conclusion
The innovative platform EUREKA brings to life advanced ideas that may seriously change the prevailing state of affairs within the world of science. it'll considerably scale back officialdom prices and increase openness and transparency within the publication of scientific articles. The presence of support from the already existing Swiss on-line platform for the publication of scientific works, also because the participation of representatives of the foremost advanced scientific circles within the development of the project much guarantee the further winning development of this project.
Based on this, we will predict with a high degree of confidence the monetary success of the ICO EUREKA in early 2019 and also the winning sensible action of all the goals delineate by the team within the roadmap.
For additional data:
Website: https://eurekatoken.io
Whitepaper: https://eurekatoken.io/whitepaper_v3_1.pdf
Facebook: https://www.facebook.com/TokenEureka/
Twitter: https://twitter.com/TokenEureka/
Telegram : https://t.me/EUREKAToken
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