Address
Lithium Finance
British Virgin Islands
VCID: 4165504
Profile
Corporate information
Company type
Blockchain data oracleLithium Finance’s Pricing Oracle is a collective-intelligence version of platforms like PitchBook and Crunchbase, powered by cryptocurrency incentives which leverage the immutability of Ethereum’s global asset rails for reliable delivery of quality information. In addition, the participating oracles develop a reputation which enhances their earning potential and rewards increasingly accurate information.
Lithium Finance leverages a convergence of multiple growth areas:
● Globally available asset rails on which any expert anywhere can stake and receive rewards.
● Immutable blockchains store permanent records of previous transactions for reputation. ● Experts can come from anywhere with only a smartphone required.
● Advances in cryptography and information theory that enable sourcing of information with minimal knowledge of its quality, other than the answer itself. i.e. no requirement for expert certification, source verification, etc dramatically reduces cost and opens access. Reputation is additive, not required.
● We attract users by creating market-based incentives to source data for the network and create value: we are fundamentally addressing information asymmetry in the private markets
