Prediction Markets

CoinFabrik develops the Smart Contracts and Dapps enabling companies and individuals to profit from markets based on the outcome of a predetermined event. Prediction markets are a special kind of betting platform that can be used for multiple purposes ranging from insuring a crop from bad weather, passing trough shorting the market to predicting the outcome of a presidential election. New financial applications based on blockchain technologies are currently challenging the established market leaders to the point that companies such as Visa are investing large sums of money in this new technology themselves.

A detailed comparison of different prediction market applications along with a description of how they work can be seen in our blog article “Blockchain Mediated Prediction Markets”.