Problem Statement
Centralized prediction markets may face issues related to trust, transparency, and manipulation. A decentralized solution using blockchain technology can address these concerns and provide a more reliable prediction market.
Abstract
This project aims to develop a blockchain-based decentralized prediction market platform. Utilizing smart contracts on the blockchain, the system will enable users to create and participate in prediction markets with transparent and tamper-proof outcomes, fostering trust in the prediction market ecosystem.
Outcome
A functional blockchain-based prediction market platform that ensures transparency, fairness, and security in the prediction market process.