SCIDEX ICO - Data is Everything and Everyone is Data

A Decentralized marketspace for scientific data

The Scientific Data is a scientific and systematic effort to recognize the society and environment in which one lives, to find solutions to the problems it faces and to find new discoveries and inventions. This effort is spent on finding, developing, and checking for truth. At this time, data related to the issues and problems are collected by means of specific purposes and systematic processes, collected data are analyzed and a result is reached. However, the complexity, diversity, multidimensionality, multidimensionality, and many consequences of problems in the scientific and educational sciences have led to the diversification of research approaches, the need to be more healthy and descriptive of the answers to the questions. The majority of all data is stored in data centers and is not freely navigable. Often research is conducted and data is gathered on one side of the world, which is the missing link to the research on the other side. Today, we lack a platform that allows these parties to share their data easily and transparently. And it turned out to be a big player to get rid of this exclamation. Name is SciDex

The Three Supporting Pillars of SciDex

The researcher who wants to conduct a research has to determine the subject, purpose and method in both quantitative and qualitative approaches. He must ask himself these questions;

1-What will I investigate? ---------> Subject

2-Why do I search for it? --------> Goal

3-How do I search? --------> Method

What is SciDex

• The MarketSpace

A massive index of information on data and it’s price. SciDex’s structured Metadata template will once and for all unify data descriptions. A powerful and self-learning NLP (Natural-language processing) based search engine to help navigate the index efficiently. SciDex’s proprietary Ricardian Adaptive Smart Contracts ensure a safe exchange of data between entities. Sellers have full control over who buys their data. The ERC20 utility token SciToken (SCIE) is used to perform all transactions on the SciDex Marketspace. Market actors can either call for new data streams or request curation of their offered datasets by staking a determined amount of ScieTokens.

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• The Community

A community-driven ranking system which enhances the quality and security of the platform by establishing a proven trust score amongst all market actors. The Trusted Member title is given to the most highly regarded SciDex members. They are active, engaging, recognized and hold a sufficient amount of ScieTokens, granting them a number of unique rights on the platform. Trusted Members of the SciDex community actively and collectively vote on key decisions for the SciDex Marketspace. Rewards are a key mechanism for the organic growth of the community. They are earned and distributed after successful data curation, data validation or other community-contributions.

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• The Investment & Subsidy Vehicle

Large corporations sit on big data silos. SciDex subsidizes these companies to offer these datasets to the community and make it accessible to the world. Breakthrough startups that have yet to partake in the big data industry and could result in strong advancements in science, should be given a chance to thrive. Therefore, the SciDex Foundation will provide a unique, selective and community-driven investment system to finance those projects and break the financial barriers of entry. All investments and subsidies will follow the established best practice procedures and relevant compliance rules to leverage the funding in the most optimal manner.

What is scientific data?
Data consists of bits and bytes in a file stored on a computer's hard disk and is invisible. In order to be able to see and understand the data, it is necessary to list it correctly and to refer to the required segment.

Our solution, a decentralized MarketSpace called SciDex, which offers exactly these opportunities. The SciDex MarketSpace enables, simplifies and standardizes the exchange of scientific data for its community members around the globe.
Excited? Intrigued? Do you want to be part of a project that will accelerate how the humankind will progress?

Algorithms developed using scientific data have already begun to deliver great benefits to large enterprises. In the scientific data application made for the hospitals, the data in the past years can be analyzed to calculate the number of days, the patients and the day, monthly and yearly medication needs of the new patients according to the illnesses and the extra drugs are cut off and the other waste resources are most conveniently can be used. The US Department of Agriculture estimates by using data science how to grow and cultivate cereal cultivated fields all over the world from the pictures coming from the satellites, and determines which country needs wheat, how much wheat it will cost, what price it will set as a model and how much it will export and how much while the product is being tapped. SciDex makes itself felt in scientific studies as well as in commercial, social and artistic fields.

The SciDex Founding Team

SciDex is a decentralized MarketSpace which enables, simplifies and standardizes the exchange of Scientific data.
It’s a protocol and an ecosystem that subsidizes and incentivizes different contributors to create and share.
For the first time, billions of dollars worth of isolated data will be democratized and traded, setting a new paradigm for advancements and collaboration in Science.

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here

İmage Source:
Website; https://www.scidex.co/
White Paper; scidex

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Source,Referance and For more information:
Website: https://www.scidex.co/
Facebook: SciDexOfficial
Reddit: SciDex
Telegram: SciDex
Twitter: @scidexofficial
White Paper: scidex

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