Orvium will employ a decentralisation and transparent model whereby authors and researchers have full copyrights to their publications. In this case, users sign up on the platform and verify their identity through the blockchain by confirming their wallet ownership. This is absolutely necessary to reduce the number of fake signups. As they get established on the platform and upload their research manuscripts, their work is verified, stored on the blockchain and versioning made available. This will make it easy to validate authors, track the developmental stages of a research and have a transparent peer review process. To get their work reviewed, authors incentivize the peer reviewers with the ORV token by allocating an amount of tokens for the peer review. The reviewers can then claim these tokens after their reviews are accepted. This ensures that the review process is done on time, so that authors can move on with their work. In order to protect their work, authors have the opportunity to give licenses to whomever they please to edit, reuse or download their manuscripts. They can require payments for these licenses or not.
It would also be possible to create decentralized journals (DAJ) easily on the Ethereum blockchain using the capabilities of cloud computing and machine learning technologies. These eliminate the need for complex and expensive hardware, thereby reducing costs. In this case, users stake a particular amount of ORV tokens which are used to maintain the DAJ. In return, they receive journal tokens (JT) according to their stakes. The JTs represent governance rights on the DAJ and can be redeemed back into ORV tokens at any time. Authors and users make some payments in order to interact with the journal. Also, various essential metrics such as impact factor and citations will be effectively handled.
We have therefore seen that Orvium is truly revolutionalising the scientific publishing industry. The decentralization nature of the platform ensures that monopolies are toppled and publication costs significantly reduced. Also, access subscriptions to journals and manuscripts are optional, giving an opportunity for poor researchers to get high quality materials and authors to be rewarded for their work through tokens or recognition.
Right now, the ICO is ongoing at a price of $0.10 per ORV. Mre information about the token sale and the platform could be seen on their website, Telegram group and ANN Thread.
This article was written by Paul Omits. You can reach out or check my profile (fempat) on BitcoinTalk.
Right thoughts you have @paulomits, and set them cool
Thanks @igorsamo
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