P08 implements blockchain technology in marine archeology

 ABOUT PO8  PO8 is based as a Blockchain technology which is focused on making the machine archeology industry available to all people who seek to explore the world historical treasure and cultural relics which has forgotten and lost in the seas. In order to build a tenable industry which permits those who are enthusiasts in conserving and discovering prized antiquities that lay buried in the seas.Piece of 8(PO8) has taken the initiative by fusing marine archeology and Blockchain technology this merger is a novelty.
PO8 has completely decentralized the marine archeology industry. One of the ways the functions were dispersed is the making of smart contracts by PO8 to avoid individuals the opportunity to search and recover treasures, and also be rewarded for completing bounty tasks that aids the recovery efforts. 

PO8 is a blockchain ecosystem democratizing and decentralizing the marine archaeology industry. Our scalable technologies take ocean exploration to new heights in search of historical artifacts and treasures, and provide decentralized solutions for the registration, authentication, and transfer of the world’s most prized artifacts. 

 

 

 A Blockchain artifact registry was created by PO8, after the registration. The artifacts are authenticated and thin transferred through transparent auction house to guarantee effective commerce of recovered antiquities. PO8 is permitted to auction only a fraction of the priced antiquities recovered through ocean exploration.
According to United Nations Educational, Scientific and Cultural organization(UNESCO) about three million ships are under water presently. There is alot to uncover in ocean exploration because of the fact that 70% of earth’s surface is water. No one can estimate the worth of the treasures that are submerged at the bottom of the Seas. But one can factually state that ocean exploration for archeological artifact is a wealth mine waiting to be harnessed.
This industry is gradually growing because of the technological advancements that has made the treasure hunting easier in some sense; sonars , magnetometers, GPS and autonomous Vehicles
(ROV/AVV) are now being used to aid the process. This could cost alot. Only financially buoyant companies can embark on this expedition because of its enormous cost. Asides the financial barriers, that prospectors would face, government, and other competing interest groups will all want a piece pf the cake, if not all of it. 

 How does marine archeology relate to the Blockchain technology ? Blockchain is reputed for its transparency, it is the basis of sharing digital data with an incorruptible book keeping of all transactions. Cryptography links and secures every block. Each current block consisting of the details of the previous block. Everyone has equal access to the platform. Most Blockchain tokens do not require “collateral” for validation, but Piece of 8(PO8) differs in this regard. This collateral is very relevant , it is used to participate in multiple DAPP( Decentralized Applications) products.This is a great leap for the marine archeology industry. PO8 is more than just a technology, it offers a stake in real expeditions.
PO8 is a decentralized and panoramic approach to recovering archeological antiquities. This means that individuals rather than government and corporate organizations, will play the most important role in the recovery, conservation, exhibition and ownership of these prized treasures. It is an open door for millions to participate in these exploration and have a first and perception of history buried underwater over centuries ago.
Without PO8 many budding enthusiasts who have aspirations to be in the marine archeology industry would never have their dreams actualized.
Finally the P08 company also runs an ICO program. All are supposed to take this opportunity seriously. 

 

INDUSTRY CHALLENGES

Divided Community

Divisions and lack of collaborative framework between competing marine archaeology interest groups.

High Salvage Costs

Recovery expeditions can easily go into the millions, creating a barrier to entry feasible by only a handful of companies with resources.

Centralized Auction Process

Selling priceless treasures or artifacts can cost salvage companies, governments and other owners anywhere from 12 to 20% in sales commissions.

OUR BLOCKCHAIN ECOSYSYTEM

PO8’s contributions go beyond ocean exploration and promoting responsible commercial salvage. Our ecosystem ensures preservation of cultural heritage, responsible commerce of valuable artifacts and the creation of a PO8 Stablecoin.

FOUNDATION

The PO8 Foundation will be a custodial recipient of some of the discovered artifacts to be shared with the world to view through travelling exhibitions.

AUCTION

Our Historical Open Auction Platform (HOAP) is a decentralized auction platform ensuring responsible commerce of historical artifacts while providing a secure, transparent and cost effective place to buy and sell precious treasures.

REGISTRY

The PO8 Historical Artifact Registry System (PHARS) creates a method to identify historical artifacts and certify their authenticity permitting government agencies, museums and organizations to register historic artifacts.

RESERVE

A portion of the recovered treasures such as gold and silver will be placed in the P08 reserve and pegged to the P08 token, resulting in token stability.

HOW PO8 WORKS

OUR PRODUCTSP08 decentralized applications provide a more scalable approach to the recovery and distribution of historical artifacts. Individuals, rather than corporations and governments, will be more instrumental in the search, preservation, exhibition and transfer of artifacts.

WHAT IS MADS

Maritime Artifact Data System (MADS)For the first time ever, anyone from around the world can help in the search and recovery efforts of long lost artifact treasures. Simply participate and complete any of our bounty tasks and earn free tokens. Bounty tasks include but not limited to analyzing data such as sonar, magnetometer, geo mapping, historical records, weather patterns, video feeds and more. 

 

WHAT IS HOAP

Historical Open Auction Platform (HOAP)We’re creating a whole new way of transferring high value assets in a secure, cost-effective and transparent manner on the blockchain. Our decentralized auction is an open source platform, making it easy for anyone to get the most value for their prized possessions.

WHAT IS GAAS

Government Artifact Auction System (GAAS)The GAAS platform serves as a secure escrow service allowing governments, museums and non-profit organizations to register and authenticate artifact treasures to buy, sell and auction historical artifacts between one another. All users of the platform are validated to ensure they are government entities.

WHAT IS PHARS

 FOR MORE INFO:Web: https://po8.io/
Whitepaper: https://po8.io/PO8Whitepaper.pdf
Medium: https://medium.com/@po8
Reddit: https://www.reddit.com/user/TeamPO8/
Twitter: https://twitter.com/PO8Coin
Telegram: https://t.me/joinpo8
Facebook: https://www.facebook.com/po8tech/
Author:  https://bitcointalk.org/index.php?action=profile;u=1804986