To date, the Internet is the most popular source of information, the main advantages of which are considered to be: prompt availability of information and information exchange without borders. Despite the undeniable positive aspects, the information of the Internet space is unreliable and chaotic, the argumentation of various statements may be incorrect, the interpretation of the facts is distorted.
There are many examples of misinformation. First of all, this problem concerns the news sphere. False information can be synthesized by special bot programs specifically designed for this purpose. Also, real persons are often responsible for the dissemination of false information, who publish deliberately incorrect data on the pages of their accounts in order to attract attention.
The situation is further aggravated due to the speed of the spread of fakes in the media environment. The audience, unable to distinguish between true and fake information, itself becomes a distributor of false information. It is quite obvious that today it is necessary to check information for fake content.
And this is where the Exorde protocol can help. Exorde is built around a core platform that provides unbiased credibility scores for information (and virality-related analytics) based on the community, AI modules, and a token-based economy.
Exorde uses an open source decentralized protocol to collect data from around the world. The project is based on the idea of decentralization, which guarantees data neutrality and transparency. Exorde aims to extract and sell brand/cryptocurrency/share reputation scores based on what people say on social media.
Exorde receives input URLs for public information such as social media posts, press articles, photos, and videos. These URLs are then processed in a decentralized data pipeline that produces output graphs linking all similar data and facts. The analyzed content is stored in an archive that has open access, so any person can access the original information at any time and from anywhere in the world.
Exorde is run by its DAO (Decentralized Autonomous Organization) and uses community votes and polls. Management will be decentralized among all members of the community. Collectively, they will be able to change the internal rules and parameters of the systems (rewards, limits, delays, scheduling, etc.) and will have a built-in reputation system. These mechanisms are designed to continually align the interests of the community and its governance for the benefit of Exorde.
To conclude, the past year has been all about designing, thinking, thinking, rethinking… optimizing the Exorde network and its future EXD token economy. The testnet is now 5 months old and the last 2-3 months have been extremely constructive. The team improved blockchain throughput, redesigned the reputation system for greater efficiency, reimagined scalable Data/IPFS systems, optimized smart contracts, launched solidity auditing, released the first data product, and much more.
But all this is only the very beginning of Exorde's journey. Exorde is organically growing and becoming a real community with real network effects! Let's build Exorde together and make it the first data economy of its kind based on blockchain and decentralized data
This new year will be the year of the launch of Mainnet 1.0 and the start of the network effect!
Written by Moonvoyager
@ExordeLabs @ExordeIndex #web3 #protocol #exorde #testnet $EXD
Exorde approved by Coinlist, Nodes Guru, DropsEarn
Discord: https://discord.gg/C39qTfqgqN