Eventum Real-time decentralized oracle

in ico •  7 years ago 


WEBSITE : https://eventum.network
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What is Eventum ?
Eventum makes it easy for people to get paid for reporting on real-time events and information around them, while developers can get any data they want in a cheap, fast and secure data feed.

It uses sub-ms network to process data with wisdom of the crowd approach and uses blockchain‑as‑a‑court‑system on Ethereum network to guarantee security and fairness.

Use cases
Fake news detection, sports data feeds, real-time content moderation, image recognition, sentiment analysis, live events data, real-time market research and more. When there is a real-world data that can be captured, there is Eventum.

How it Works
Eventum's system is a bridge between data providers and developers. Data providers have access to data that is
valuable, which they then report via a mobile/desktop app to the validation nodes in the Eventum system. Validation
nodes then wait for a consensus to be reached (i.e. multiple data providers send the same information) and then send
this data to the developer in the form of a real-time API. The developer locks a reward in a smart contract, which is
then split and given to data providers that were part of the consensus. The reward is split proportionally to the speed
at which the data was provided, so the real-time nature of the API is incentivized.

Sports data
Report game events from your couch and power fantasy leagues, betting systems and news

Fake news
Use crowd intelligence to filter out fake news and hoaxes

Image recognition
Provide verified real-time feedback to AI systems

Content moderation
Use knowledge of the crowd to detect inappropriate content in real-time

Live events
Get real-time insights from riots, concerts, festivals and tournaments

eSports
Live coverage and complex statistics for Dota 2, LOL, CS:GO, PUBG and more

Eventum adds unlimited degree of verification to any source of information via the principle of wisdom of crowds and allows any real-world data to be captured and turned into a real-time API. Eventum can detect fake news, do real-time content moderation (e.g. finding racist tweets before they are even posted), power online sports betting systems and fantasy leagues, provide real-time feedback to AI systems, extract data from eSport tournaments and much more. We aim to offer a much-needed layer for secure, reliable and cheap data feeds which do not rely on a single source of truth.

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