PRINCIPIA is a transparent blockchain-powered ecosystem for peer-review of scientific outputs (ie, papers, patents, ...). The platform allows users, including existing publishing groups, to create and manage peer-reviewed journals.
PRINCIPIA is a free market where researchers and publishers exchange crypto-tokens for journals, reviews and publications. Output is automatically open access.
PRINCIPIA's referees are remunerated for their efforts and quality reviews. At variance with the traditional peer-review system, good referees are transparently and automatically rewarded in crypto-tokens for their commitment.
PRINCIPIA naturally allows to recognize prestige of users and journals, with an intrinsic reputation system which does not depend on third-parties and heuristics.
PRINCIPIA scores the reputation of a journal according to the reputation of the corresponding editorial committee. This facilitates groups of people with high reputation to bootstrap new journals.
|Current peer-review system||Principia peer-review system||Consequences|
|Referees review (mostly) for free||Referees review and are remunerated||Power and money more balanced between researchers and publishers|
|Referees have often no incentives for quality reviews||Referees remuneration depends on quality reviews||Referees are motivated to write good reviews|
|New journals are difficult and expensive to start||New journals are easy and free to start||More genuine competition between journals. Journals get naturally more specialised|
|Hard to bootstrap a new journal's reputation||A new journal inherits the reputation of its founders||Journals not achieving their mission, or high quality, will die out automatically|
|Open access journals desirable, but often very expensive||All journals are open access and very cost-effective||Dramatic reduction of costs to access research output ad higher impact of research content|
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