The development of blockchain is changing with each passing day, and new concepts emerge in an endless stream. Recently, I saw a very new concept "DeSci (Decentralized Science)", as the name suggests, is "decentralized science". What does decentralized science mean? Let's learn about this new concept today.
// What is DeSci
"DeSci is an example of a blockchain application that aims to establish a credible public infrastructure that can create, fund, review, store and distribute scientific knowledge fairly and equitably. In the DeSci ecosystem, scientists and researchers can share Their research and knowledge are rewarded and publicly accessible to anyone on the network. The basic idea of DeSci is that the process of scientific research should be transparent and scientific knowledge should be accessible to everyone. This It is a quite revolutionary Web3 movement, and DeSci may change the traditional practice of scientific research and funding in academia. In addition, DeSci can also establish direct links between innovative companies and outstanding scientists, so as to promote technological innovation of enterprises.
// Why DeSci is needed
"In the field of science, scientific research projects are often restricted or controlled due to unnecessary frictions such as bureaucracy and intermediaries. These frictions will not only delay funding, but also slow down scientific research progress. A recent example is the development of a new crown vaccine. countries took the lead in developing vaccines, but did not share research results or provide reference research materials with other countries and regions, and countries and organizations with less funds and resources have difficulty obtaining innovative results efficiently, which means that during the pandemic More people will lose their lives. The timeliness of scientific research is very strong, especially in the context of rapid development, whether it is vaccines, new drugs, operating technologies, or medical trials, all call for "science needs speed and power", but This seems to be impossible under the constraints of centralized institutions. On the other hand, some research results are often in the hands of the government or technology production giants, controlled by them and serving their interests. More importantly, the greatest limitation or The inequality lies in access to grant funding. Access to funding itself is not easy for researchers, and underfunding can limit the scope of scientific research. But many times, funds are allocated to researchers who are close to the funder, Rather than more valuable or important projects. A scientist or researcher spends an average of 50% of their time writing a proposal for funding, and if funding is not available or received insufficiently, all their efforts may be wasted. Moreover , the government has the power to cut funding and allocate the budget elsewhere. For example, the UK cut research funding by 120 million pounds last year, causing many scientists to give up their life's work. DeSci may be the solution to these problems. Here, Anyone can access scientific research resources or scientific knowledge, researchers will not lose incentives due to intermediaries, and have more opportunities to obtain funding.Technology companies and production giants such as Pfizer or Qualcomm will also benefit from DeSci, they will be able to cooperate with Direct access to the scientific community doing the required research. This is where DeSci excels.
// DeSci's funding source
"DeSci has the characteristics of decentralization. The distributed model not only makes the information open and transparent, but also has a wider source of funds, such as DAO, quadratic donations, crowdfunding, etc. The privatization of the publishing industry has devoured the wealth of scholars and scientists. A lot of profits, this problem can be alleviated through the smart contract on the blockchain. DeSci allows researchers to directly interact with reviewers or audiences without any intermediaries, thereby improving the incentives for researchers. Most importantly, DeSci It has completely changed the traditional funding process. Through the DAPP built on the blockchain, scientists can jointly explore projects and convert research and contributions into tokenized NFTs, helping scientific research teams obtain funding while building a more sustainable scientific community. Not only that, but DeSci has created a more efficient model for crowdfunding, as the distribution of funds is determined by the public using mechanisms such as quadratic donations or DAOs. In 2019, private investment in science and technology The market size is valued at more than 17 billion US dollars. The addition of DeSci can greatly increase this market size and allow more private investors to enter this field. For production companies, DeSci reduces their innovation costs, which is beneficial to participants The more direct effect of this is that it is easier for consumers to obtain products of higher quality.
// freedom and cooperation
"Since all research data are stored on the blockchain distributed ledger, people all over the world can access the research results and scientific knowledge on DeSci. This allows researchers to disseminate research results without worrying about ulterior motives." Censorship or centralization of institutional control over scientific data. In addition, researchers can use blockchain to collaborate with peers from all over the world, which will make scientific research teams more dynamic. In addition, DeSci will also motivate scientists through NFT Participate in academic activities with researchers. For example, they can train or mentor young professionals, participate in peer reviews and share their knowledge and information, etc. At the same time, these NFTs can also serve as credible Evidence. Therefore, they don’t need to spend years to build credibility by publishing works, but earn NFT by participating in DeSci’s value-added activities.
Source: http://www.btcwbo.com/6780 .html
-END-
[Publishing or reprinting articles is only to spread more valuable information on the blockchain. The copyright of the article belongs to the original author, and its content and opinions do not represent the position of this site. All inquiries on this site are collected from the website, and the copyright belongs to the copyright owner. If the copyright owner thinks that his work is not suitable for dissemination or should not be used for free, please contact us, and this site will correct it immediately. 】
Please indicate when reprinting: Bitcoin Blockchain Era » DeFi has not figured it out yet, is DeSci coming again?