Skychain SKCH to Augur REP Exchange

Crypto Pair Details: SKCH to REP

Skychain SKCH

Skychain is an open infrastructure, based on blockchain, which provides the possibility to create, train and use high-quality medical neural networks. IBM estimates the artificial intelligence market in the healthcare sector to reach $200 billion in a few years. Skychain’s goal is to control more than 70% of that market! The way to achieve this goal is to create the best open infrastructure that will accumulate the resources of the majority of participants of this industry and surpass any closed corporate product. The mission of Skychain is to save 10 million patients from premature death due to medical errors within 10 years. Medical errors are the third leading cause of death, but artificial intelligence can dramatically reduce the number of such errors! Skychain intends to provide an infrastructure to radically increase the efficiency of healthcare AI development and training. It will make diagnostic AI systems far more accessible and affordable for the consumer by using blockchain technologies to facilitate safe transactions between the key parties. Skychain is unique. The project is based on the revolutionary approach of using smart contracts to bring together many healthcare big data providers whose data is vital for AI training, thousands of independent AI developers, computational resource providers (crypto miners), and millions of consumers.

Augur REP

Augur is a trustless, decentralized platform for prediction markets. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Prediction markets are markets created to trade the probability of an event happening. The market prices indicate what the crowd thinks the probability of an event happening. Predictive markets have shown to have been effective in accurately forecasting many results however it is still not widely used due to the many regulatory hurdles involved in setting up such a market. Augur aims to set up such a market in a decentralized manner. Augur is an Ethereum-based decentralized prediction market that leverages the wisdom of the crowds to create a search engine for the future that runs on its own token, REP. Augur allows users to create their markets for specific questions they may have and to profit from the trading buys while allowing users to buy positive or negative shares regarding the outcome of a future event. Augur REP is the gambling cryptocurrency. It’s the crypto token you can use to bet on sporting events, political outcomes, economies and just about everything else in the prediction markets. Online gambling is a $52 billion a year industry. At its founding the project included Intrade founder Ron Bernstein, Robin Hanson, and Ethereum founder Vitalik Buterin among its advisers. In April 2015, Augur's first contract was uploaded to the Ethereum network.The first beta version was released in March 2016. In October 2016, all the reputation tokens that were for sale during the 2015 crowdfunding campaign were distributed to their owners on the live Ethereum network and the two largest cryptocurrency exchanges, Poloniex and Kraken, added support for these tokens on their trading platforms. The project was delayed until it was launched in July 2018.

SOURCE: COINGECKO

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