Orvium – Blockchain platform for scientific publications

Did you know that the science publishing sphere is one of the biggest markets on the planet? Only a few of us know the real situation in this sphere. Today, the financial model underlying this industry isn’t ideal. The payment system is organized the following way:

1. Funds go from the government.
2. The researchers who get paid by universities or governments leave their feedbacks for the works;
3. Publishers sell these works back to the institutes.

Such model of the distribution of scientific works isn’t efficient: it doesn’t promote the spread of knowledge. Besides, scientists also face such problems as unbearable publication expenses, copyright belonging to the publisher rather than the author, poorly organized process of publication and peer reviewing, absence of recognition and rewards for the readers leaving feedbacks, and a wide number of useless scientific journals.

What is Orvium?

In order to eliminate the above-mentioned drawbacks of the industry and boost the value of scientific publications, the Estonia-based team has founded Orvium project. It is the publication ecosystem where researchers and publishers can post the works and present the advances of science to the wide audience.

Being based on Ethereum blockchain and introducing smart contracts, Orvium is used to publish the research works, manage ownership, organize payments for authors, reviewers, and other contributors, as well as to access the texts freely. The Orvium project has the following advantages:

1. It leverages instant Proof-of-existence, which means the scientific works become accessible right after being published on the platform.
2. Agreeable cost of publishing and access – the fees don’t depend on external market structures.
3. Full and simple control over copyright and licenses. Authors decide how to manage the license.
4. Fluent integration between the data obtained and the results of research.
5. Fast and intuitive generation of decentralized journals without much expense. The subscription to journals is free – there’s no certain subscription pattern.
6. Transparent reader reviews that help to define the value and trustworthiness of documents. The reader reviews are publicly recognized and rewarded, which drives healthy criticism and further development of the research. The quality of feedbacks and reviews are calculated transparently.

Therefore, Orvium makes scientific publishing more efficient and helps to eliminate the issues of license, registration, and copyright.

Orvium – more than a publishing platform

Aside from being a publication platform, Orvium also serves as a form of social network for the participants! That allows for interaction and communication within the scientific community – there’s a handful for features enabling messaging and commenting. Additionally, Orvium may be a collaboration platform where several participants work in one project. The framework allows managing every single process of the document lifecycle.

Technical Peculiarities

The implementation of blockchain opens a myriad of opportunities for Orvium users. Let’s underling the most outstanding features:

• Blockchain makes all actions (document submission, editing, reader reviews, etc) transparent, and they’re stored on decentralized ledgers being accessible for everyone.
• The decentralized storage means that all files stay available, and the price of publication stays low.
• Artificial Intelligence and Big Data technologies replace the existing outdated rules of publishing.
• Orvium is an open-source platform which allows contributing to its developing. It encourages the scientific community to develop the project and customize it.

Orvium from Investment Standpoint

The presale of ORV tokens will take place in June-July 2018 with 10% bonus for early buyers. The main sale will be organized in July-August 2018 with 1 ORV costing $0.10. The team plans to reach the hard cap of $20 mln. Is that possible? Considering the ideas promoted by Orvium company, this project can raise the interest of the wide audience. Besides, the scientific and technical advisors behind it are very capable and authoritative.

Investors should pay attention to the fact that payments are accepted in ETH, and there’s no minimal or maximum personal cap specified yet. That means you have practically no restrictions, though it will take time to witness a significant rising of ORV coin price.

Orvium is a unique project – there’s no similar blockchain-based platform yet. Therefore, in a few years, it can stagger the dominance of world scientific publishers and change the principles of scientific publishing making things more transparent and fair.

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