Interview with Bodhi network: How a #blockchain prediction market can help farmers hedge risks and…
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Interview with Bodhi network: How a blockchain prediction market can help farmers hedge risks and the arbitration processPhoto by meriç tuna on UnsplashCan a prediction market based on blockchain help farmers protect their profit? Why do blockchain based prediction markets need an arbitration process? Here is what I learned from Bodhi network’s founder Xiahong Lin. (No technical background needed.)What is the usual use of prediction markets?“As a prediction market, we don’t make predictions for others. We provide a market or trading platform for people to make predictions,” Lin said.A betting market is probably the most common use case for a prediction market. For example, I can bet on a team to win in a particular baseball game. If I bet on the right team, I can win some money, or else I (...)