An Introduction to Francium Project
The First Open Science and Innovation Decentralized Platform!
Francium (#FRC) is a global payment token based on TRC-20 powered blockchain that is fully decentralized to support Open Science and Open Innovation. Francium is the credit token for scientists, researchers, scholars, entrepreneurs, enterprises, start-ups, universities, and anyone who is interested to grow and support the fundamental open sciences and open innovative and scientific projects. Francium encourages the owner of innovation and fundamental thoughts to freely conduct their programs in a decentralized community-based infrastructure. Francium token promotes a greater diversity of thought, perspective and talent to distill the collective and global intelligence.
The Philosophy
There are numerous traditional fund-raising systems enabling the Academia and Enterprises worldwide, but what is exactly Francium and why do the innovative markets need this? And most importantly why do official or non-official academic communities need to tokenize the scientific programs? In truth, the traditional practice of science is never entirely free of politics and religion and the aftermaths are always coming along with censorship and community-oriented biases. Francium token openly questions the central tenet of modern scholarship. Francium Project believes greater diversity of thought, perspective, and talent drive higher levels of innovation. The Francium promotes the idea that Open Source Science and Innovation provides a new tokenization model which distills collective and global intelligence. On the other hand, in developing countries, talented but Underfunded young people should fight deep social divisions and achieve their dream of becoming a major player in scientific researches and innovative projects. It is barely possible to support these people by funding the nontransparent educational and organizational systems; however, Francium offers decentralized and transparent approaches to fund their projects through a decentralized community.
Missions
- Encourage independent and free ideas to grow the fundamental scientific researches, innovative projects, and any project that brings health and welfare for people all over the world
- Transparent Fundraising for talented researchers through decentralized communities
- Tokenize scientific researches and innovative projects and encourage monetary-driven opportunities through exchange markets
- Create an open, transparent, and decentralized academic community
- Establish Open Innovation Network
- Find the solution to the problems via Collective Intelligence
- Reduce the costs of Research and Development (R&D) in enterprises
- Receive the real and transparent solutions which are verified and validated by all parties
Conduct and Implementation
Francium is completely implemented on TRC-20 powered blockchain. Francium, like other TRC-20 tokens, is scheduled to be listed in official exchanges to bring value and also let investors trade this token. We propose and sketch the token distribution roadmap in the Francium Trustless Platform in this section. We first introduce the essential elements and roles:
Terminology
- Problem Owner
The problem owner is the person or organization who ultimately owns the problem. - Solution Owner
A solution owner is a person or group who is responsible for implementing solutions; however, they don’t own the problem. They help to solve the problem or provide the complete solution. - Blind Community
This group is responsible to verify, authenticate, and validate the problem and the solution at different stages of the procedure from the submission of a problem to the submission of the complete solution. - Proof of Problem
The Proof of Problem (PoP) refers to the specific release of a problem that is verified and validated by a blind community. In simple words, the problem is indeed needed to be solved and there is no solution has been found yet. - Proof of Solution
The Proof of Solution (PoS) refers to the specific release of a solution to a problem that is verified and validated by a blind community that is completely different from the community in the PoP stage. In simple words, the PoS proves that the solution owner indeed deserves to receive the approved tokens. - Francium Trustless Platform: frc-hub
Francium Trustless Platform, or briefly frc-hub, acts as a problem manager. This platform controls four entities:
- Connects a problem owner to the most eligible solution owner
- Dedicates the validation communities to the problem owners and the solution owners
- Distributes the approved unit of tokens to the parties
- Oversees the complete procedure to be in compliance with the standards
Francium supports Green Blockchains!
The Francium Project strongly supports the carbon-free blockchains and it is intrinsically built on top of the Tron network which benefits an innovative Delegated Proof of Stake system as the consensus mechanism.
To get to know the Detailed Procedure on how the frc-hub will work, please visit the website: francium.info. The whitepaper can be accessed via this link: https://www.francium.info/whitepaper/whitepaper_francium_2.1.0.pdf. You can find us on Twitter: @FranciumProject.
