Vitalik published an article on the prediction market: Information finance brings us closer to the truth

Odaily News Vitalik published a new article "From Prediction Markets to Information Finance" and said that he has been a close supporter and follower of Polymarket this year, and the prediction market is one of the Ethereum applications that excites him the most. Vitalik believes that Polymarket has two sides. On the one hand, it is a betting website for participants, and on the other hand, it is a news website for everyone else. When the results of the election gradually came to fruition, although many experts and news sources had been luring the audience, hoping that they would hear news that was favorable to Harris, Polymarket directly revealed the truth that Trump's chance of winning had reached 95%. The investment of real money by users can make the market realize what the truth is closer to. In addition, the prediction market can also use finance as a way to coordinate incentive mechanisms in order to provide valuable information to the audience. Information finance solves the trust problem that people actually have. A common concern of this era is the lack of knowledge and not knowing who to trust in political, scientific and business environments. Information finance applications can help be part of the solution. He predicts that one technology that will drive the development of information finance in the next decade is artificial intelligence.