NFTs, the Web3 useful for scientists

Scientists could use blockchain tools to democratize science. NFTs, Web3 and the Metaverse can fuel a modern scientific revolution. These technologies could improve collaboration between different stakeholders in scientific projects.

A new scientific movement called “decentralized”: DeSci

Today we speak of decentralized scientific work or DeSci. In fact, DeSci is the epitome of the so-called “decentralized” scientific movement. This combines Blockchain and Web3 technologies with the aim of improving scientific research. One of DeSci’s main goals is to expand participation and funding when it comes to addressing scientific challenges. The movement also aims to democratize the peer review process. This process is dominated by a few journals, which can be expensive to appear in.

DeSci wants that too fight against censorship and create standards for storing research results. Currently, transactions on blockchains like Bitcoin are verified by a network of miners. The research could also be verified by participants in a blockchain network of scientists etc. However, peer review ecosystems based on blockchain technology can be transparent. So you can lend credibility to research contributed by participants even if they are anonymous.

In addition, scientists could, for example, receive a ‘reward’ for their participation, which would encourage a wider community to contribute. Essentially, decentralized science will enable the development of platforms that allow more people to work with what Dr. Benjamin Braton calls the “source code of matter” at a basic level.

Blockchain technology can positively impact science

Blockchain technology (tokens, NFTs, metaverse) has the potential to positively impact the platform economy in this way democratize access to scientific collaborations. When we think of platforms, we usually think of Uber or Airbnb, which in and of themselves are world-changing projects. However, platform economics is a very young field of research that is even pushing game theory as an academic discipline.

This process started with Bitcoin (BTC) and has since grown only with Ethereum (ETH) and the dozens – if not hundreds – of other blockchains. Historically, web platforms and applications have tended to do this promote value creation. The more they are used, the more value the platform creator sees.

Blockchain enables a fairer rule where the more participants add value to a given platform, the more people benefit from the platform in return.

Decentralized science (DeSci) will allow the people who generate the value (researchers, scientists, citizen scientists, etc.) to earn value based on their contribution. This can have major implications for basic research in science, mathematics, and other fields.

Source: Cointelegraph

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Luc Jose Adjinacou

Far from dampening my enthusiasm, an unsuccessful investment in a few cryptos in 2017 only heightened my enthusiasm. I therefore decided to study and understand the blockchain and its many uses and use my pen to share information related to this ecosystem.

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