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Cryptocurrency News Articles

DeSci (Decentralized Science): What Is This Emerging Concept, and Why Has It Been Trending?

Dec 23, 2024 at 08:06 pm

For starters, decentralized science is the concept that leverages blockchain technology to achieve a more open and community-driven system around scientific research.

DeSci (Decentralized Science): What Is This Emerging Concept, and Why Has It Been Trending?

Breaking Down DeSci: A Deep Dive into Decentralized Science

Decentralized science, or DeSci, has emerged as a hot topic of discussion among crypto users on X, trending throughout the weekend with the hashtag #DeSci.

As a concept, DeSci aims to leverage blockchain technology to create a more open and community-driven system around scientific research.

The big news is that DeSci also aims to become an incentivized ecosystem where blockchain tech will be used to ensure the immutability of scientific studies while also reducing or completely eliminating barriers that prevent entry into the space.

Ultimately, DeSci has the goal of democratizing scientific research by providing a decentralized platform for scientists and other related experts to share their valuable insights, run critical experiments, and even raise funding for projects with much potential.

Some of the DeSci projects that have been gaining attention in recent weeks include ResearchHub, a decentralized platform that aims to connect scientists, researchers, and students to build a global decentralized science community.

Another project that has been trending in the crypto space is Neos, a decentralized research network that seeks to incentivize humans and AI agents to solve research interest points (RIPs) through Proof of Research.

Crypto users are also awaiting the launch of Neos, which is expected to occur in the first quarter of 2025.

Furthermore, the DNA token from Muhdo Hub, which is set to launch Monday, has attracted a lot of interest over the weekend as it announced reaching over $1 million in total value locked (TVL) in pre-staked DNA coins.

Muhdo is a blockchain-powered epigenetics and AI project. Epigenetics studies heritable traits that take place without changing the DNA sequence.

Muhdo Hub envisions a world where healthcare is personalized.

While decentralized science has been making significant waves in the crypto space, there have also been concerns about the issue of "legitimacy," especially in scientific research, wherein peer-reviewed outputs are critical.

The democratization of scientific studies through blockchain technology has raised questions on whether DeSci projects not published in reputable journals can be defined as DeSci at all.

Innovative Bioresearch (INNBC), which claims to be the "original creator of decentralized science" since 2016, asserts that DeSci projects cannot be deemed "legit science by the scientific community" unless they produce "actual peer-reviewed studies."

The project went on to state that "a token is not science," nor is a "narrative." INNBC, which allows for the permanent storage of biomedical data onchain, has been featured in the BioMedCentral Journal.

DeSci has a long way to go before it blows up like other segments in blockchain and crypto. On the other hand, it continues to gain traction due to its promise of providing scientists with an environment where they can openly share new and even unconventional research ideas that may help change the world for the better.

News source:www.inkl.com

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