NFTs, Web3 and the metaverse are changing the way scientists conduct research
2022.04.03 15:47
NFTs, Web3 and the metaverse are changing the way scientists conduct research
Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.
A primary goal of DeSci is wider participation and funding when approaching scientific challenges, as well as democratizing the peer-to-peer review process, which is dominated by a few journals in which it can be costly to appear and combatting censorship. DeSci can also create standards for research storage with the proof of existence technology. Whereas on financial blockchains such as Bitcoin, transactions are verified by a network of miners, research could also be verified by participants in a blockchain network of scientists, etc.
Steve McCloskey is an alumnus of the first class of Nanoengineering at the University of California, San Diego. Steve’s work is focused on emerging technologies applied to Science, Technology, Engineering and Mathematics (STEM). After graduating from UCSD, he founded Nanome Inc to build virtual reality solutions for scientists and engineers working at the nanoscale, specifically protein engineering and small molecule drug development.
