Introduction

In recent years,blockchaintechnology and Web3 applications have been gradually transforming the operational frameworks of various industries, including the field of science.Desci(Decentralized Science) is an emerging field that bridges science andblockchaintechnology to address challenges in traditional scientific research, such as funding, security, transparency, and equitable recognition. This article provides a detailed overview ofDesci, covering its fundamental principles, applications, benefits, and challenges.

Desci(Decentralized Science) represents a nascent concept in theblockchainworld, aiming to decentralize science and research. Instead of relying on centralized institutions or agencies to control and fund scientific research,Descileveragesblockchainand Web3 technologies to create transparent, secure, and equitable models of scientific collaboration. To understandDescibetter, the following outlines key aspects of this innovative field:

1. What isDesci?

Desci(Decentralized Science) involves applyingblockchainand Web3 technologies to scientific research and development processes, decentralizing the creation, publication, and funding of research. This approach addresses various current challenges in science, including:

Lack of transparency in research funding.

Centralized control by institutions, universities, or funding agencies.

Dependence on major scientific journals with strict editorial regulations.

2. Why isDesciimportant?

2.1 Challenges in Traditional Science

Lack of transparency:In traditional scientific research, funding and research processes are often opaque. Scientists frequently depend on institutions like universities or major research foundations for grants and publication of their work.

Centralized funding:Most research funding decisions are made by a handful of organizations or large funds, making it difficult for young scientists or small research groups to secure equitable support.

Inequities in publishing:Prominent scientific journals often charge high publication fees, which limits the accessibility and dissemination of some research works.

Scientific fraud:Issues such as plagiarism or the publication of falsified results persist in the traditional scientific model.

2.2. How DoesDesciAddress These Issues?

Descitackles challenges in traditional science by leveragingblockchainand Web3 technologies to build a decentralized ecosystem that enhances transparency, equity, and accessibility in scientific research. This ecosystem not only improves existing processes but also creates new opportunities for scientists, investors, and the broader community.

Building a Decentralized Ecosystem in Science

Desciutilizesblockchainand Web3 to establish a decentralized ecosystem where scientists are no longer reliant on intermediaries or large funding organizations. Instead, they can freely collaborate with other researchers and receive funding directly from the community and investors via decentralized platforms.

Self-Managed Funding: Through smart contracts, scientists can receive funding directly from the community or investors without the need for intermediaries. This system reduces costs and enhances transparency in disbursing funds.

DAO (Decentralized Autonomous Organization) : DAOs can be employed to manage scientific research projects. These self-governing organizations operate through decisions made by voting members of the community. Scientists can propose research projects, and the community can decide whether to fund them and how to manage and allocate research funds. Examples include:

LabDAO : A decentralized organization supporting scientific research and medical research projects.

Molecule: A DAO that provides a funding platform for scientific research, connecting investors with researchers.