EUREKA : DISRUPTING THE $23.5 BILLION SCIENCE PUBLISHING INDUSTRY

What is EUREKA Project?

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

The team behind ScienceMatters is additionally behind the EUREKA platform. once 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 board members chaired by the Nobelist academic. Tom Südhof and around 600 editorial board members from a number of the simplest institutes round the world, like Harvard, Stanford University, ETH and therefore the Max-Planck Institute.

EUREKA Features:

Scientific observations are timestamped, hashed and recorded on the Ethereum blockchain. this offers the author or creator immediate possession rights, and ensures scientists’ and researchers’ discoveries are tamper-proof. Scientific observations endure crowdsourced, peer-to-peer reviews that are transmitted and recorded on the EUREKA platform. The EUREKA platform can create use of crowdsourced knowledge and reviewers to induce quick, correct evaluations of the work, rather than being restricted to at least one or 2 reviewers, as is common apply. The EUREKA platform’s crowdsourced rating of scientific work will offer researchers similarly as publishers with a brand new metric which will be accustomed valuate submissions more fleetly. Preprints or observations with ratings and reviews are going to be archived through the EUREKA suburbanised and distributed system. In cases wherever the author needs to publish in a very ancient journal, the scores will be transferred to the journals. The check scores also are offered to funders, universities and prize or awards committees. The EUREKA platform’s crowdsourced rating of scientific work will offer researchers similarly as publishers with a brand new metric which will be accustomed valuate submissions more fleetly. Preprints or observations with ratings and reviews are going to be archived through the EUREKA suburbanised and distributed system. In cases wherever the author needs to publish in a very ancient journal, the scores will be transferred to the journals. The check scores also are offered to funders, universities and prize or awards committees. EUREKA can have the primary blockchain-based scientific classification system, preprint server and single observation platform that gives reliable, immutable scores and knowledge which will be transferred on the blockchain to funders, establishments and on to journals. Sources of funding might create choices supported ratings and reviews on the EUREKA platform.

EUREKA Platform:

EUREKA may be a blockchain-based reviewing and rating platform for science commercial enterprise. _ScienceMatters Orcus the primary shopper of EUREKA and probably several alternative commercial enterprise platform may follow. The platform works like this: we tend to get a universal resource locator that points usually aforesaid to article data and content. we tend to hash the article with SHA-256 and reserve it with a timestamp and author and connected article references on the blockchain. Since a hash perform delivers forever the identical output from the same input and it's terribly very troublesome to search out another input with the same output. On the EUREKA platform we tend to are ready to reward the connected (or cited) authors, reviewers, and editors related to a commentary with EUREKA tokens. It’s all done by sensible contracts.

How can EUREKA’s blockchain technology Work ?

Blockchain has the capability to form analysis findings within the digital format changeless, clear, localised, and distributed. Besides initial experiments and knowledge acquisition, several components of the analysis cycle might occur on a blockchain system.

EUREKA will power a unique science business enterprise system which will permit scientists to rate analysis, review manuscripts, and be rewarded for his or her contribution to the analysis method. EUREKA tokens (EKA) are going to be wont to reward peer reviewers and editors, to encourage dependability studies, and to reward scientists United Nations agency realize negative, furthermore as positive, results. Hypothesis generation, discovery, attribution, incentivisation via sensible contracts, and publication and dissemination will all be done on the EUREKA platform hosted on the blockchain. This bears the potential to be a brand new approach to partitioning this dependability crisis in science, reducing waste, and, most significantly, creating additional analysis results on the market. on the far side that, the EUREKA blockchain-based platform may well be wont to cut back overhead prices and accelerate the scientific method and incentivise true innovation.

Some of the benefits of getting science analysis revealed on the EUREKA platform is that scientific observations are going to be timestamped, hashed and recorded on the general public blockchain. this offers the author or creator immediate possession rights. And it conjointly ensures that discoveries of scientists and researchers are tamper-proof. This has vital ramifications for shielding holding, prevents ‘scooping’, and helps to avoid delays in discovery and communication, furthermore as knowledge manipulation. Another advantage is crowdsourcing and making transparency within the analysis method, conjointly referred to as peer reviewing method. The EUREKA platform can build use of crowdsourced knowledge. it'll permit reviewers to urge quick, correct evaluations of the work rather than being restricted to 1 or 2 reviewers, as is common apply. Reviewers are going to be paid in EUREKA tokens for his or her work.

EUREKA aims to democratise science through spread and transparency and creating discoveries like antibiotic drug accessible for everybody.