Introduction

The world consists of various species and organisms we may never know. Earlier, it was impossible for everyone to know everything, but today with the introduction of the internet, it is possible for anyone to know anything. Continuous data generation is the need of the hour and people are consuming the content like never before. The world of internet has brought many new features which were not possible but they have also brought many challenges, which must be dealt seriously before any further steps can be taken.

There are serious issues regarding these centralised platforms which have become a roadblock for the next decade of growth in the sector. People are looking for answers which do not exist on the centralised platforms as their prime motive is profit. Hence, there is a requirement of a platform which can provide a direct connection between users.

Solution offered

EVENTUM is building solutions for data and reporters based on the blockchain technology. It is a decentralised platform which allows reporters to submit their experience and get rewards while developers can utilise the data on the platform by paying tokens. Ethereum based smart contract system is utilised for the different transactions on the platform. There are many qualities of the platform and a few of them are mentioned below.



It is fast and secure with encrypted data on the blockchain

The verified system of operation where the wisdom of the crowd is utilised rather than the decision of single source

There are no intermediaries and no charges and fees

A few of the most important applications of the platform are fake news detection, sports data feed, real-time content moderation, image recognition, sentiment analysis and real-time market research etc.

Capturing the real world data and presenting it to the people is the final aim of the platform. This is an opportunity for the developers of the world to develop a solution based on the EVENTUM open source API. It acts as a bridge between the data owners and the developers. They can get easy and quality data for the development of their models.

ICO INFORMATION AND TEAM

The dates for the ICO are yet to be announced but the process of whitelisting is going on the website. The team is confident in their development and believes that artificial intelligence is the key to the future.

Conclusion

One recent example in the social media space which truly amplifies the current state is data scandal involving Facebook and a private firm. They have data of millions of people which was harvested from facebook and it was sold to private players for monetary gains. Data in today's world has become the lubricant of success for any company as the decision-making ability depends on the quality of data.

The world revolves around the data we generate and generating solutions from the same data is the core principle of this platform. I think they will be creating many more solutions based on the artificial intelligence. What do you think about the future of the artificial intelligence?

To know more visit

Website: https://eventum.network/

Whitepaper: https://eventum.network/Eventum-whitepaper.pdf

Published By:Kishan748

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