What is decentralized science DeSci? Introduction to DeSci principles, advantages and disadvantages

Science: A broad term

Science encompasses multiple fields including chemistry, biology, physics, rocket research, and networking. However, in the process from research to application, centralized entities often control the resources and funds required for scientific development and own the intellectual property rights of research results, determining the life cycle of research.

Decentralized Science (DeSci)

With the development of blockchain technology, DeSci came into being. Professionals believe that blockchain-based DAO and token economy can provide assistance for the development of inclusive human scientific research and become an emerging track.

What is DeSci?

DeSci aims to use Web3 technology to build new public infrastructure (fundraising, publishing, review, data openness, commercialization, etc.) to support scientific research. It promotes knowledge sharing and scientific progress by decentralizing knowledge creation and dissemination practices.

How DeSci works

The main working principles of DeSci include:

1. Secure data storage with the help of blockchain: Blockchain ensures that data storage is safe and reliable, resistant to tampering and single points of failure.
2. Use DAO for decentralized decision-making: DAO enables transparent and decentralized fund allocation and project governance.
3. Use tokenization to incentivize research contributions and control intellectual property: Tokens and IP-NFTs encourage participation and claiming ownership of research results.

DeSci compared to traditional science

DeSci offers greater transparency and trust than traditional science and provides innovative funding and incentive solutions. However, it remains to be verified whether it can adapt to the new rules of scientific researchers and whether decentralization will lead to inefficiency in research.

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