All research, analysis, consulting, and forecasting industries could be shocked by blockchain.
The online fundraising platform Augur hopes to capitalize on decentralized forecasting markets. The company's leaders anticipate that it will offer a service that looks like a normal betting exchange.
The whole process will be decentralized and will not only offer users a place to place bets on sports events and financial titles, but also on many other topics such as elections or natural disasters.
The idea is to go beyond gambling and sports betting to create a real "forecasts market."