What is DeSci in Cryptocurrencies?

DeSci (Decentralized Science) is a direction in the cryptocurrency ecosystem aimed at decentralizing scientific research, publications, and funding using blockchain and Web3 technologies.

DeSci seeks to eliminate intermediaries in the scientific field and create a more transparent, fair, and democratic environment for scientists, researchers, and the public.

Key Aspects of DeSci:

🔵 Research Funding via Blockchain:

— Researchers can attract funding directly through tokens or smart contracts, bypassing traditional grant organizations.

— DAOs (Decentralized Autonomous Organizations) play a significant role in distributing funding and making decisions.

🔵 Decentralized Publications:

— Scientific articles and data can be published immutably on the blockchain, ensuring openness, accessibility, and verifiability.

— This helps avoid high publishing fees and tackles paywalls.

🔵 Intellectual Property (IP) Management:

— Researchers can tokenize patents, data, or discoveries, simplifying their licensing and monetization.

🔵 Participant Rewards:

— Scientists, reviewers, and co-authors are rewarded for their contributions through tokenized systems.

🔵 Transparency and Trust:

— Research data is stored in decentralized systems, reducing the risk of result falsification.

🔵 Advantages of DeSci:

— Elimination of bureaucracy and intermediaries.

— Direct interaction between scientists, investors, and the public.

— Open access to scientific data and results.

— Accelerated progress through a global and accessible platform.