The potential advantages and benefits of Bio Protocol are mainly reflected in the following aspects:
1. The development prospects of decentralized science (DeSci)
• Industry trend: Decentralized science is an emerging field of blockchain technology aimed at addressing the financing, intellectual property ownership, and collaboration challenges in traditional scientific research through transparent and efficient technological means.
• Market potential: The DeSci field is still in its early stages, and Bio Protocol, as a representative project in this field, has a first-mover advantage.
• Policy support: With the increasing global support for biotechnology and blockchain technology, Bio is expected to benefit from favorable policies.