Verity is a decentralized platform where the truth is sourced from the crowd and then automatically turned into a real-time API. Reporters get paid for what they see and experience, while developers get any data they want more cheaply and reliably. Wisdom of crowds principle is used to determine the truth from multiple data sources (i.e. people reporting the data) instead of a single data source, which removes bias and single point of failure. This process is done in real-time by a decentralized network of reporting and validation nodes in the Verity system. Asymmetrical cryptography and blockchain solutions, Ethereum, Swarm and Whisper, are also used to provide a secure and fair system with free market economics.
