Ovrium is a new blockchain project aimed at helping the scientific community better manage the entire process of publishing scientific journals and papers. Although science per se has never been more popular today, the scientific process is constantly under review and scrutiny. The scientific community may be working on breakthrough projects and research, but the process of publishing these and letting the world find your work is anything but revolutionary. Ovrium is geared at the community to better manage that process.
Ovrium Changes the Current Opaque System
If you’re involved in the scientific community, you would likely be aware of the raging debate going on between open access and central closed journals. Unfortunately, as a historic accident, the likes of Elsevier control the entire scientific publishing process. They charge ungodly sums of money for access to this research, which should be open for all of humanity to read but isn’t. Many scientists are pushing back against the entrenched system that harms the entire scientific community by closing off access to knowledge.
Fighting this battle is going to be a very uphill battle for anyone, especially a startup. However, we need better solutions in the arena, which is used to better the lot of the entire human population.
How Ovrium Works
Ovrium is building an open access, decentralized scientific publishing method using the blockchain. Of course, a lot more than blockchain goes on behind the scenes at Ovrium.
Publications on Ovrium are available immediately, i.e. there is no delay between publication and making it public. All the metadata, such as peer review, edits, changes, etc. are tracked on the blockchain to ensure the highest integrity of changes and audit to any published work.
In addition, there is a big change in the process as well. Ovrium has a way for scientists to not just publish the final results in a paper, but also make it easy to share and collaborate on the data behind the results. In an increasingly computerized and data hungry world, this is an essential component. Without the data, there is no real audit of the process and it also makes it harder to replicate. The replication crisis in science is the story of a whole new post.
The licensing terms of Ovrium are also flexible and something that the scientists and researchers can set themselves. This gives them much more freedom over their work than other methods.
Third-parties can still build journals on top of the Ovirum ecosystem, but it would be decentralized and much more cost-competitive than existing journal systems. This will encourage more people to contribute to science in general. This is an important point because as much as people seem to hate the business models of publishers, journal publishers do need to make money and exist in the system. Building a journal from open access and on top of such an open system is much better and easier to last, while providing the most benefits to everyone.
Ovrium has its task cut out, but is working on an important industry that needs attention.
If you want to learn more, check out the Ovrium site and whitepaper. Ovrium is undergoing a token sale. Token sales are extremely risky. Make sure to do your research and never invest more than you’re willing to lose.
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