Bittime - Decentralized Science (DeSci), which utilizes blockchain technology will be a new trend in the field of web3. Because DeSci is predicted as a solution to overcome these various problems and become a new trend in the world of research.
Let's look at this article to find out more about DeSci, starting from the fundamental problems behind its presence, to the potential solutions it offers to bring the world of research into a more democratic, transparent, and efficient era.
Today's Science Problems
The world of scientific research has often faced classic challenges, such as limited access to information, complicated funding systems, and potential interest interventions. As a result, innovation and scientific progress can be hampered. However, the presence of blockchain technology gives birth to new hope.
One of the biggest challenges facing the world of research is centralization. Many research institutes are under state control, so scientists are bound by bureaucracy and regulatory approval in determining the direction of research.
As a result, the allocation of research funding is often prioritized to areas of government interest, while research in other areas, such as climate change, is neglected.
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Funding Issues
In addition, the research funding process is also a scourge for scientists. Many scientists have to spend their precious time writing research proposals that are not necessarily accepted.
Research funding is often limited and dominated by business interests or researchers' rankings in the eyes of the global community. Not to mention the cost of publication in well-known scientific journals that are very expensive, such as $ 6,500 (IDR 104,000,000) for The Lancet and $ 11,000 (IDR 176,000,000) for Nature. This makes it more difficult for young and talented scientists to publish the results of their research.
Not Publicly Accessible
Another problem faced is limited access to research information. Many scientific studies are private and difficult to access to a wide audience. In addition, the existence of certain interests from scientific journal publishers can affect the transparency of the peer review process. Not to mention the potential for political interference in research that can hinder the progress of science.
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Blockchain-Based Research Solutions
DeSci comes as a breath of fresh air that seeks to answer these challenges. By utilizing blockchain technology, DeSci has the potential to bring significant changes in the world of research. Blockchain, with its decentralized, transparent, and secure characteristics, provides a framework that enables global collaboration among researchers in a more efficient and trusted manner.
DeSci Could Solve the Problem of Centralizing Science
DeSci offers solutions through the concept of Decentralized Autonomous Organizations (DAOs). A DAO is a decentralized autonomous organization that operates without traditional hierarchies. In the context of DeSci, DAOs can be used to manage research projects, crowdfund, and make decisions about the direction of research democratically.
Thus, DeSci frees researchers from dependence on central institutions and allows them to pursue research that suits their interests and needs without being limited by political or business interests.
Conclusion
DeSci offers a more democratic and efficient funding solution. Some of the funding methods DeSci is discussing include crowdfunding, staking research tokens, and NFT utility sales. In addition, smart contracts can be leveraged to transparently distribute research funds and cut out the role of intermediaries who typically take advantage of the process.
DeSci is also working to improve access to research information. Using blockchain technology, research data can be securely stored and accessed by the global public. This will encourage pene collaboration
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