Decentralized Science (DeSci) is emerging as a potential solution to the challenges inherent in traditional scientific research. By taking advantage of blockchain technology, DeSci promises to bring more transparency, fairness and efficiency to the scientific research process.

So what is DeSci?

Desci stands for Decentrialized Science, referring to the purpose of transforming traditional scientific research into an open ecosystem that disseminates scientific knowledge in a transparent and community-centered manner.

History of Decentralized Science (Desci)

DeSci's history can be said to be rooted in a growing awareness of problems such as limited access to research results, lack of transparency, and slow dissemination of knowledge. The birth of Blockchain in 2008 opened a catalyst to help people more clearly visualize a decentralized approach to the field of scientific research.

By 2015, the emergence of smart contracts and other decentralized technologies opened up new possibilities for scientific collaboration and data sharing.

What problem does DeSci solve?

Traditional scientific research often encounters problems such as:

·       Lack of transparency: Research and data are often concentrated in a small group and not made public, making verification and replication difficult.

·       Access barriers: The cost of publishing and accessing scientific research materials is often very high.

·       Limited funding sources: Although research articles are useful, they may not be funded because they do not bring benefits to investors.

Photo from Pixelplex.

Decentralized science aims to solve these problems by:

1.    Create decentralized infrastructure

Blockchain acts as a distributed ledger that records all records and interactions between researchers. In addition, scientists can also collaborate directly with each other without the need for management.

2. Share and store data

Blockchain-based peer-to-peer review systems provide a tamper-proof record of the research process. Peers can evaluate research results, provide feedback, and record their assessments securely on the blockchain.

3. Use cryptocurrency for incentives

Researchers and contributors can be rewarded with tokens to provide incentives for participation and contributions.

4. Fair management organization model

DeSci deploys decentralized governance (DAO) models to ensure community-based decision making. Consensus mechanisms, such as voting or stakeholder agreements, allow researchers to collaboratively determine the direction of a project.

5. Patent ownership

Each contribution or research result can be saved into a single block on the blockchain ensuring proper recognition of the researcher's contributions and protection of intellectual property rights. It also allows readers to trace the origin and value of specific research results.

Is DeSci the trend of the future?

While DeSci's potential has attracted the attention of many investors, it still faces a number of challenges including blockchain scalability, blockchain complexity, and legal and ethical issues.