DeSci advocates say “traditional science” has fallen prey to regulatory capture and been maligned by corporate greed and now a blockchain-based update is in order.
Decentralized science (DeSci) — a new field that updates scientific research with blockchain and crypto — may hold the key to revolutionizing the future of science by bootstrapping new blockchain-based funding models and making research more accessible.
Speaking to Cointelegraph, Joshua Bate, the founder of DeSci World, said DeSci is a much-needed “update” to the broken software of trad science, which he says has become crippled by pointless incentives, including gatekept data, regulatory capture and corporate greed.
Bate said DeSci can be thought of as an extension of the “open science movement” — an initiative of researchers sharing data and publishing open research that began as far back as the 1600s.
