Eureka

INTRODUCTION

Today I will be elaborating on a very new project, a new platform with huge potential , something extra ordinary deemed to change or make reforms in the blockchain.

Blockchain is gaining momentum in today's world and despite all the benefit of the blockchain, there are shortcomings. The current blockchain network comes with big computational overhead and low finality, network architectures cannot handle billions of interactions that IoT device makes every day, Issues of a low amount of transactions at a time and expensive transfer cost. The current blockchain has been plagued by all these issues and massively requires a reform Hence, EUREKA designed to address all these shortcomings effectively, its solution offers highly scalable features to organize information received on its network.

ALL YOU NEEDS TO KNOW ABOUT THESE PROJECT

EUREKA may be a scientific review and rating platform fuelled by the EUREKA token from EKA Blockchain Solutions GmbH. Blockchain has the capability to open science and build Analysis findings immutable , clear and decentralized . EUREKA revolutionises the scientific business enterprise and reviewing method by creating it additional economical and truthful victimization the EUREKA token to compensate all parties concerned. Scientific discoveries will currently be brazenly rated and rewarded supported the standard of the analysis.

Science matters

ScienceMatters may be a scientific on-line business enterprise platform. The team behind ScienceMatters is additionally behind the EUREKA platform. when launching in 2016, ScienceMatters has operated multiple journals and covers all aspects of science business enterprise. within the same year the corporate was supported by the ecu Commission. it’s twenty four scientific planning board members chaired by the laureate academician. Tom Südhof and around 600 editorial board members from a number of the simplest institutes round the world, like Harvard, Stanford, ETH and therefore the Max-Planck Institute.

How it works?Revelation Time stamping of scientific information

Scientific observations area unit timestamped, hashed and recorded on the Ethereum blockchain. this offers the author or artificer immediate possession rights, and ensures scientists’ and researchers’ discoveries area unit tamper-proof.

Evaluation Peer-to-peer analysis

Scientific observations bear crowdsourced, peer-to-peer reviews that area unit transmitted and recorded on the EUREKA platform. The EUREKA platform can build use of crowdsourced knowledge and reviewers to urge quick, correct evaluations of the work, rather than being restricted to 1 or 2 reviewers, as is common apply.

Worth assignment Rating

The EUREKA platform’s crowdsourced marking of scientific work can give researchers moreover as publishers with a brand new metric that may be accustomed measure submissions additional fleetly. Preprints or observations with ratings and reviews are going to be archived through the EUREKA decentralized and distributed system. In cases wherever the author needs to publish during a ancient journal, the scores may be transferred to the journals. The check scores are on the market to funders, universities and prize or awards committees.

Award Funding analysis, career, awards and prizes

EUREKA can have the primary blockchain-based scientific scoring system, preprint server and single observation platform that give reliable, immutable scores and information that may be transferred on the blockchain to funders, establishments and on to journals. Sources of funding might build selections supported ratings and reviews on the EUREKA platform.

Data analytics AI-based prediction e.g. drug discovery

An artificial intelligence-based prediction tool can build use of ScienceMatters’ algorithmic rule that identifies connected studies and observations by cross referencing annotations and links them to create a narrative. This technology might be leveraged to predict targets for drug development.

EUREKA brings the Blockchain

EUREKA Blockchain Solutions GmbH (incorporation and registration in process), can become a supplier of technology to publishers each indirectly and directly, and can develop all the blockchain-based technology to modify a additional economical and trustworthy business enterprise method by introducing the EUREKA Platform for timestamping discoveries, rewardable reviewers and decentralizing business enterprise. moreover, the EUREKA token powers the REWARD system, that supports to unravel basic problems inherent to the present research systems. this permits business enterprise homes, like ScienceMatters, to be one observation 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 utilization and integration of the EUREKA Platform.

Problems and Solutions

Academia is facing well-documented serious challenges from current models for critical business enterprise including:

• Long delays in business enterprise analysis
• Overreliance of trust in researchers, peer reviewers and publishers that makes undependableness and irresponsibility in science
• Absence of truthful credit for contribution

EUREKA’s REWARD system aims to unravel the present issues by allowing:

• Publishing in real-time: From the instant of their conception, scientific observations area unit recorded on the EUREKA platform as single observations or preprints giving the author or inventor:
• Immediate possession rights and instant credit and recognition.
• Instantaneous feedback from peers.
• Instantaneous and open sharing with the scientific community.
• Crowdsourced and paid peer-reviewing: By employing a blockchain primarily based platform
• Make use of each crowdsourced knowledge and time zones to urge a quicker and additional correct analysis of the work.
• Ensure the review method is bias-free and supported benefit alone. Enable smart-contract primarily based payments to compensate authors, reviewers, moreover as anyone WHO contributes to the advancement (development) of the work for his or her efforts.
• Immutable, clear and decentralized publishing: business enterprise on the EUREKA platform ensures that archived information is immutable , timestamped; version controlled, and firmly distributed therefore providing a perfect system for analysis information management that doesn’t place trust on either the publishers or authors.

Technology

Although, the blockchain-based system aims for decentralization, a centralised backend provides a convenience layer to access the blockchain. Besides this backend, the infrastructure consists of a frontend half and a blockchain half. The frontend may be a application that gets its content from the backend. The frontend has to have MetaMask put in that provides a web3 interface to Ethereum.

Token Sale

Accepted currencies: BTC, ETH

Token Ticker Symbol: EKA

Public Sale Price per Token ($): 0.10

Total supply (#): 298,607,040

Tokens for ICO Sale (#): 149,303,520

Hard Cap ($): 14,930,3521

Soft Cap ($): 2,000,000

ICO Detail

For more information visit official:

Website: https://eurekatoken.io/

Whitepaper: https://eurekatoken.io/whitepaper_v3_1.pdf

Telegram: https://t.me/joinchat/EXhWdw1KgAQgnraZhI9XBA

Twitter: https://twitter.com/TokenEureka

Facebook: https://www.facebook.com/tokeneureka

Author

Author: walesodiya

Medium: https://medium.com/@walesodiya

Email: walesodiya@gmail.com

LinkedIn: https://www.linkedin.com/in/wale-sodiya-4595a1164

BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2160355

Eth Address: 0xd5138067078B32BA7800b399bC77C49deaA3f2f5