what is EVENTUM
ventum is a platform built on a decentralized network of node reporting and validation with blockchain as a court system [This platform consists of 3 layers: the core layer, the service layer and the application layer. Both node networks are decentralized, which provides real-time speed, and blockchain, which provides security and payment solutions, is integrated into all 3 layers.
The world has become data-driven, and access to real-time information, which often comes through external data feeds (ie API), We provide the design and implementation of a new platform, called Eventum, where truth comes from complexity and then automatically turned into a real-time API. Events used by crowds in decentralized networks provide data and node validation with blockchain as a system court. On one truth. Keywords: data feed, real-time, API.
Blockchain is needed for a safe and fair platform. A free market economy is needed to work, so that funds are stored and distributed safely, so that the dispute mechanism is transparent, for the reputation system to function and for consensus rules to be safely stored. Blockchain is also responsible for decentralized governance, which is built in the core layer and oversees all changes to the system.
ventum is a platform built on a decentralized network of node reporting and validation with blockchain as a court system [This platform consists of 3 layers: the core layer, the service layer and the application layer. Both node networks are decentralized, which provides real-time speed, and blockchain, which provides security and payment solutions, is integrated into all 3 layers.
The world has become data-driven, and access to real-time information, which often comes through external data feeds (ie API), We provide the design and implementation of a new platform, called Eventum, where truth comes from complexity and then automatically turned into a real-time API. Events used by crowds in decentralized networks provide data and node validation with blockchain as a system court. On one truth. Keywords: data feed, real-time, API.
Blockchain is needed for a safe and fair platform. A free market economy is needed to work, so that funds are stored and distributed safely, so that the dispute mechanism is transparent, for the reputation system to function and for consensus rules to be safely stored. Blockchain is also responsible for decentralized governance, which is built in the core layer and oversees all changes to the system.
something that must be noticed
One problem is that there is some data about the world around us that cannot be described and converted into real-time API. Anyone doing exercises for new jeans, taking a selfie at a concert, reading the latest news online, watching from us We or using Twitter, we have access to an invaluable amount of data that never existed and is not possible to monetize.
way out
The solution to the problem described above is Event. Event is a decentralized platform where the truth comes from the crowd and then automatically changes to a real-time API. Journalists are paid for what they see and experience, while developers get whatever data they want cheaper and more reliably. The wisdom principle of the people [(eg people who report data) is not a single data source, which eliminates bias and a point of failure. This process is carried out at
real-time by network reporting and validation of nodes decentralized in the Eventum system. Asymmetric cryptographic and blockchain solutions, Ethereum is also used to provide a safe and fair system with a free market economy. Vent is an open source platform. that is the result of consensus, where the rules are set by the developer himself.
How it works
The event system is a bridge between data providers and developers. Data providers have access to valuable data, which they then report via the mobile / desktop application to the validation node in the Eventum system. The node validation then waits for consensus to be reached (eg some data providers send the same information) and then sends this data to the developer in the form of a real-time API. The developer locks the prize in a smart contract, which is then divided and given to the data provider which is part of the consensus. Prizes are divided in proportion to the speed at which data is provided, so the real-time nature of the API is given an incentive.
One problem is that there is some data about the world around us that cannot be described and converted into real-time API. Anyone doing exercises for new jeans, taking a selfie at a concert, reading the latest news online, watching from us We or using Twitter, we have access to an invaluable amount of data that never existed and is not possible to monetize.
way out
The solution to the problem described above is Event. Event is a decentralized platform where the truth comes from the crowd and then automatically changes to a real-time API. Journalists are paid for what they see and experience, while developers get whatever data they want cheaper and more reliably. The wisdom principle of the people [(eg people who report data) is not a single data source, which eliminates bias and a point of failure. This process is carried out at
real-time by network reporting and validation of nodes decentralized in the Eventum system. Asymmetric cryptographic and blockchain solutions, Ethereum is also used to provide a safe and fair system with a free market economy. Vent is an open source platform. that is the result of consensus, where the rules are set by the developer himself.
How it works
The event system is a bridge between data providers and developers. Data providers have access to valuable data, which they then report via the mobile / desktop application to the validation node in the Eventum system. The node validation then waits for consensus to be reached (eg some data providers send the same information) and then sends this data to the developer in the form of a real-time API. The developer locks the prize in a smart contract, which is then divided and given to the data provider which is part of the consensus. Prizes are divided in proportion to the speed at which data is provided, so the real-time nature of the API is given an incentive.
Blockchain is needed for a safe and fair platform. A free market economy is needed to work, so that funds are stored and distributed safely, so that the dispute mechanism is transparent, for the reputation system to function and for consensus rules to be safely stored. Blockchain is also responsible for decentralized governance, which is built in the core layer and oversees all changes to the system.
Market Creation
To receive data from an Event, the developer must determine what type of data is desired, what the rules are consensus and how much he is willing to pay for. This process is called market generation. Each market can be made up of one or more data feeds, where each data feed can take the form of one type event or several typing events. Data feeds from one or more data fields that represent a report or decision that needs to be made
by data provider.
Market Creation
To receive data from an Event, the developer must determine what type of data is desired, what the rules are consensus and how much he is willing to pay for. This process is called market generation. Each market can be made up of one or more data feeds, where each data feed can take the form of one type event or several typing events. Data feeds from one or more data fields that represent a report or decision that needs to be made
by data provider.
Flexibility Event offers developers to keep their data private (e.g. only those who can unlock data with private keys), to open it for everyone (ie they pay data but share the output API for free with everyone) or to share feeds data with other developers and charge access fees.
Data sharing reduces duplicated data feeds and saves node resources. A significant obstacle in developing space is learning new data feeds / API specifications and adjustments
Data sharing reduces duplicated data feeds and saves node resources. A significant obstacle in developing space is learning new data feeds / API specifications and adjustments
For more information, please visit the link below:
website: https://eventum.network/
whitepaper: https://eventum.network/Eventum-whitepaper.pdf
ann trhead: https://alpha.eventum.network/?ref=pS6vCvhr
Author: Rahmatmusa
Profile: https://bitcointalk.org/index.php?action=profile;u=1676482;sa=summary
Address: 0xfE287225B23B5a8658C7bccc4B1f4C4A8AC76709
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