DELPHY: Predict Your Future and Win Rewards on this Mobile Application

Introduction

We always wonder what the future will be like. Flying cars, another home at mars, automatic human production, brain-machine interface and many more ideas which continue to thrive in our brain all the time. Since ancient ages, people believed in the power of their judgement and intellect to claim a theory or an idea. Will the world be according to our dreams? That's a million dollar question. But, you can find millions of experts in any sector who are quick to tell you everything about the future of the industry.

Well, if someone asks you about the future of your favourite topic or field, you can definitely make a valid guess about it. The forecasting is an established business which exists in many shapes in different countries. People predicting the stock price movement or the result of a football match are a few of the common life examples of the forecasting. But, there exist many formal prediction markets where experts and intellectuals predict the future of a particular sector or industry. And, there are many problems associated with the current prediction market which is centralised. The centralised market is prone to corruption and malpractice where multiple issues such as conflict of interest and price manipulation are common.

The lack of large user participation prevents the mainstream adoption of the platform. All these problems have produced roadblock in the development of an open, transparent and trustworthy prediction platform which can realise the true potential of the prediction market. There is a need for a transparent platform where people can honestly predict the outcomes of the events without fear of market manipulation.

SOLUTION OFFERED

DELPHY is creating a decentralised prediction platform based on the blockchain technology to allow people to make predictions and earn rewards. The transparency and the trust offered by the platform are the major advantages of the platform. The mobile app will be available for iOS and android. A user can register on the platform and select the kind of events he wishes to be part of, with the help of event filter.

Providing people with a variety of choice, they aim to become the most favoured prediction app in the market. Utilising the logarithmic market scoring rule (LSMR) to correctly reflect the market evaluation of each event, they will open source their code to the public. With the main focus on the social prediction, they will utilise Light Ethereum subprotocol.

The advantage of the DELPHY platform compared to the other platform offering the same services is a Quick clearing of the funds, customizable events, social impact and Use of the LES.

TEAM

DELPHY team is experienced in the field of startups, investment and Blockchain technology. They are into the business of blockchain technology for the development of a social prediction platform which has great potential in every other sector in the world. Founded in China, they are willing to capture one of the biggest markets in the world. Are you willing to be a participant on the platform?

Conclusion

DELPHY can be applied in many sectors, such as financial, insurance, healthcare and entertainment etc. Anyone can participate in the Prediction of the event at any time to win rewards. An ecosystem for Prediction as a service(PaaS), they are utilising the AI and Big Data to accurately collect and filter data for the event outcome. There is a significant difference between the gambling and the predictions, such as the gambling involves large-scale financial impact while prediction market has a limited financial impact and gambling has no social benefit whereas the prediction market can benefit the society in many ways.

There are many methods to predict the result of the outcome, such as machine learning, data mining, statistical and mathematical models etc. DELPHY utilises the social wisdom which is the emerging trend in the prediction of the events. Many famous events were put to the test of predicting the market in the recent years, such as Britain's EXIT from the European Union and Election of the president of the United States etc. The outcome of the event has multiple impacts on the different areas of the society which helps us understand the human nature. So, are you ready to predict the future?

To know more visit:

Website : http://delphy.org/en/

Whitepaper : http://delphy.org/en/delphy_whitepaper.pdf

Twitter : https://twitter.com/Delphy_org

Published By: Kishan748

Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561