is inappropriate for our industry because it is too complex, requires lack of trust to be valuable and does not offer as much potential ROI as other initiatives.
growing problem of authentication and accounting in scholarly publishing may be found in the technology behind Bitcoin the blockchain. Phil Davis writing on The Scholarly Kitchen 2016 Third-party companies have made huge profits from the work of scientists for many years, selling journals and reprints to a variety of institutions. In blockchain- powered scientific publishing, researchers would control whether or not institutions are required to pay to use their work, while making it freely available to the public and researchers alike, if they so wish. Manuel Martin is CEO and co-founder of Orvium.
growing problem of authentication and accounting in scholarly publishing may be found in the technology behind Bitcoin the blockchain. Phil Davis writing on The Scholarly Kitchen 2016 Third-party companies have made huge profits from the work of scientists for many years, selling journals and reprints to a variety of institutions. In blockchain- powered scientific publishing, researchers would control whether or not institutions are required to pay to use their work, while making it freely available to the public and researchers alike, if they so wish. Manuel Martin is CEO and co-founder of Orvium. KILL SCI-HUB !!! KILL Publishers !!!
3 Distributed writers Lots of copies A network with no trusted intermediary, and shared copies of the database Proof of work scheme to prevent 51% hack Incentive to participate Hard to get to scale across all publishers We have a high trust environment, lots of trusted intermediaries Anonymity is eventually pointless in STM -> low incentives for attack Existing incentive schemes too entrenched to be supplanted
case study - Bitcoin 95% of transactions on the bitcoin network may be artificial Not secure Not egalitarian Not efficiently distributed Over 80% of mining is preformed by six mining pools $2.7M stolen from exchanges per day in 2018
Lack of technical capacity or attention within our organisations Who owns the transaction? Who owns a peer review? Reward systems in academic publishing are hard to shift