Eventum is the first decentralized platform in the world where truth comes from the mass and automatically becomes an API in real time. Reporters are paid for what they see and experience, while developers get the data they want most economically and reliably.

Eventum is an open source extensible platform with an easy-to-use API interface and flexible SDK. Developers can get all the information from the real world in the form of APIs, while making sure that the data is verified, for example, a consensus result, for which the developer sets the rules. Data can not be archived or controlled by a third party and all funds are stored securely in the block chain. Moreover, the price is regulated only by the free market economy, which means that there are no taxes or margins in the price of the data.

PROBLEM

We are creating new data at an exponential rate and by 2025, more than a quarter of the data created in the field of complete data will be in real time nature. Most of these data is never captured, nor are they available as data sources (eg, APIs), whereas existing APIs are often unreliable because they are based on a single data source and are susceptible to a high rate of errors and faults.

SOLUTION

A decentralized platform where every piece of information can be shared and automatically converted into a verified real-time data source. The principle of crowd wisdom is used to determine the truth of multiple data sources (for example, people who report data) instead of just one. injury and single point of failure. This process is performed in real time through a decentralized network of signaling and validation nodes in the Eventum system. Asymmetric encryption and blockchain -Etehereum, Swarm and whisper solutions also used to provide a safe and fair market economy system.

HOW DOES IT WORK

The Eventum system is a bridge between data providers and developers. Data providers have access to valuable data, which they then report via a mobile / desktop application to the validation nodes in the Eventum system. Validation nodes wait for a consensus to be reached (ie, multiple data providers send the same information) and then send this data to the developer in the form of APIs in real time. The developer blocks a reward in an intelligent contract, which is then divided and delivered to the data providers that were part of the consent. The reward is divided proportionally to the speed at which the data was provided, so the nature of the API is encouraged in real time.

ARCHITECTURAL VIEW

Eventum is a platform built on a decentralized network of signaling nodes and validated with blockchain as a judicial system. The platform consists of 3 levels: the central level, the level of service and the level of the application. Both the decentralized node network, which provides real-time speed, and the block chain, which provides the security and payment solution, are tightly integrated into the 3 levels.

VALIDATION NODES

Validation nodes represent the central part of the Eventum decentralized network and are responsible for data acquisition, consent generation and data delivery to developers. The validation nodes earn commissions for every data that is processed correctly and, at the same time, participates in the governance of the system. They have to bet a certain number of EVT tokens for the duration of the market they are validating and, therefore, act as just-in-time masternodes. They are light and work efficiently on mobile devices.

EVENTUM TOKEN (EVT)

EVT is an ERC20 token that is based on the Ethereum network. More deatils aboout EVT is shown in the diagram below

THE ROADMAP



BRAINS BEHIND EVENTUM NETWORK

These are team and advisors that understands the blockchain technology and how Eventum Network can be marketed for effectiveness.



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

https://alpha.eventum.network/?ref=QHijFQwB