Paper 2017/1133 Original: eprint.iacr.org/2017/1133 ↗
Sentiment Protocol: A Decentralized Protocol Leveraging Crowd Sourced Wisdom
Abstract
The wisdom of the crowd is a valuable asset in today's society. It is not only important in predicting elections but also plays an essential rôle in marketing and the financial industry. Having a trustworthy source of opinion can make forecasts more accurate and markets predictable. Until now, a fundamental problem of surveys is the lack of incentives for participants to provide accurate information. Classical solutions like small monetary rewards or the chance of winning a prize are often not very attractive and also do not prevent multiple entries or randomly filling in answers. In this work, we present a framework that solves both problems via a customizable incentivization framework. Apart from predicting events, this framework can also be used to govern decentralized autonomous organizations.
Metadata
- Available format(s)
PDF- Category
- Applications
- Publication info
- Preprint.
- History
- 2017-11-27: last updated
- 2017-11-27: published
- Short URL
- https://ia.cr/2017/1133
- License
- https://creativecommons.org/licenses/by/4.0/
BibTeX
@misc{cryptoeprint:2017/1133,
author = {Anton Muehlemann},
title = {Sentiment Protocol: A Decentralized Protocol Leveraging Crowd Sourced Wisdom},
howpublished = {Cryptology {ePrint} Archive, Paper 2017/1133},
year = {2017},
url = {https://eprint.iacr.org/2017/1133}
}