Can Decentralized Science (DeSci) become the next major breakthrough in the blockchain world, like Decentralized Finance (DeFi) did in 2017? DeSci has garnered attention for its potential to transform scientific research through blockchain technology. With promising early-stage projects and institutional investors taking notice, DeSci may be on the brink of a breakthrough.
DeSci integrates decentralized blockchain functions into the world of science, making research more transparent, incentivized, and community-oriented. By utilizing tools such as blockchain tokens, NFTs, and decentralized autonomous organizations (DAOs), DeSci aims to disrupt traditional research models and enhance global collaboration.
This concept resonates with the early days of DeFi, when decentralized protocols revolutionized traditional finance by eliminating intermediaries and enabling peer-to-peer transactions.