“According to National Science Foundation, 4000 new papers are published within the scientific community every day and the number of annual publications has increased from 1 million in 2000 to more than 2 million in 2013. On the other hand, the publication fees are skyrocketing in the past few decades… wasting of research resources and leading to ineffective communications.
PLUTO a nonprofit based in Seoul, Korea wants to address this issue by creating a Decentralized scholarly communication platform which makes the scholarly communication reasonable and transparent for the scientific community.
Q. Can you tell us about your founding team members and what inspired you to build Pluto Network?
We’re attaching a separate document describing the founding members. We gathered to develop applications using blockchain technology as we were fascinated with the emerging technology and the consequences it would enable. As most of us are graduates from POSTECH, a research-focused science, and technology university in South Korea, it wasn’t long until our concerns on the implementation of the technology concluded that we must integrate it with Scholarly Communication….”