Gems Protocol: Decentralized Mechanical Turk

in #cryptocurrency6 years ago (edited)

What is Mechanical Turk

Mechanical Turk (MTurk) is a marketplace for micro tasks, which can be accessed programmatically. In simple words, a web-service, dapp or IOT-device could need some data that only a human can provide, so it'll access it on pay per request principle. It's an unstoppable gateway gateway to human intelligence. As long as AI won't replace humans, it'll be always in need ;-)

Why decentralize?

Unlike existing solutions like Amazon MTurk, Gems enforces the behavior of all participants and doesn’t regulate as a single central operator.

Gems Staking mechanism prevents malicious actors from abusing the network. Through the Gems Staking mechanism, currently created through Ethereum-based smart contracts, miners, requesters, and verifiers stake tokens on the validity of their work and against the validity of others’ work, providing a palpable disincentive for doing tasks incorrectly.

Gems Trust Score shows how reliable an individual on the network is. By using the individual’s history of completing tasks accurately, efficiently, and consistently, the Gems Trust Score is formed and linked to the network participant’s Ethereum wallet address. With this, it gets easy to create a new address, trust scores and not be easily bootstrapped; miners need a long proven track record to obtain a high score. Miners with very high scores are eligible to verify the work of other members on the network, allowing them to increase the overall accuracy of the system while earning extra money at a higher hourly rate. Unreliable miners will be removed from the network, keeping the quality of work high.

What's Gems?

Gems is a decentralized protocol to human intelligence through ethereum network, allowing dapps to interact with different micro-tasks. Gems Platform is the first platform built off of the Gems Protocol, which pairs workers and requesters for micro tasks. Gems Modules are reusable open-source task interfaces built on the Gems Platform

How much it costs?

Since Gems uses Ethereum network, every transaction spends gas. To allow for micro payments and staking without using gas, the Gems Protocol uses a system of payment channels. Payment channels allow for secure off chain payments without using gas and for the grouping of those payments on the blockchain at a later date. The Gems Payment System will be used by requesters, verifiers, and miners to increase the cost efficiency of the network. The Gems Platform charges no central fee, and utilizing the GEM Token and Gems Protocol, eliminates existing economic inefficiencies.

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