Decentralized Science Solutions

Empower your research by revolutionizing science today..!! 

Make Scientific advancements with our decentralized science solutions that leverage the prowess of blockchain and cryptocurrency to affirm transparency, efficiency in various utilities. Decentralization capabilities within it, ensures to reform data sharing, publishing, funding, collaboration in Science.

Decentralized Science Solutions: A Paradigm Shift in Scientific Exploration

Decentralized Science Solutions ( DeSci ) is the latest technological discovery that leverages cryptocurrencies and blockchain technology for funding where the infrastructure for scientific research and innovation is established. Through open and transparent funding, research, review, publishing, and data collection procedures, DeSci seeks to revolutionize the way scientific research is carried out.By utilizing Web3 technologies such as tokens, NFTs, and decentralized autonomous organizations (DAOs), it seeks to improve the procedures for financing, producing, evaluating, crediting, storing, and sharing scientific knowledge.

DeSci Development Company:

Hivelance is Popular in Decentralized science solutions development, who can leverage blockchain technology and decentralized protocols, to enable access to research and fostering newer innovations. By embracing deSci solutions, we combine the technical aspects like decentralized peer review systems, tokenized incentives and smart contract integrations to assist organizations to reach a broader vision. By utilizing advanced frameworks, our skilled developers create your smart contracts for streamlining the distribution of funds and automated mechanisms. Based on the goals of institutions, researchers and other ventures, we offer customized solutions and we can assist you with Desci transformation from beginning to end phase. 

Popular Decentralized Science projects disrupting Scientific research and development:

VitaDAO: 

Focal Area: Longevity Research Funding

HairDAO

Focal Area: Network to link patients taking hair loss treatments

OriginTrail

Focal Area: Supply chain blockchain-powered data gathering and sharing solutions.
ResearchHub

Focal Area: Accelerates the pace of Scientific research

AxonDAO

Focal Area: Decentralized science crypto project that funds medical projects

Difference between DeSci vs Traditional Science:

Key Features of Decentralized Science (DeSci):

Open and Transparent research: 

Research is carried out in an open, easy and transparent manner. Contributions and paper reviews are open to talented people worldwide.

Science Marketplace:

Growth of markets where anybody can obtain data, lab resources, and scientific instruments, attracting experimentation and reducing obstacles to entrance for independent researchers.

Community Funding:

Numerous DeSci-focused DAOs are dedicated to generating capital for early-stage research, genomics, medicinal solutions, space exploration, and other areas.

Incentivized P2P Review: 

DeSci protocols can provide token payouts and reputation development as incentives for subject matter experts to assess research publications. In order to maintain quality control, DeSci protocols may mandate that its reviewer community cast votes on research papers.

Data Integrity:

It depends on the researcher’s integrity and enhances a peer-review process within the system.

Tokenized Intellectual Property:

NFTs being the  tokenized versions of intellectual property may be bought, sold, and rented on an open market. As databases hold data on the study, datasets, ownership rights, contributions, and achievements and are kept on an unchangeable blockchain.

Global Collaboration: 

It enables real-time collaboration between researchers and universities using Web3 communication capabilities.

Decision Making:

Centralized funding and decision-making, opaque data, and published gatekeeping are all problems with the conventional scientific research system.

Funds collecting:

Through the use of cryptocurrency, DeSci protocols collect money from specific groups for scientific initiatives.

Utilization of Blockchain Technology in DeSci 

Blockchain Technology is used in DeSci to revolutionize scientific research and collaboration. As they are made of decentralized ledger, data integrity, security and transparency is ensured.  As we all knew, implementation of smart contracts play an important role in this field, automating all amenities. Blockchain-backed peer review methods can increase accountability and decrease bias, hence enhancing trust in scientific publications.Secure and transparent management of patents and royalties is ensured by tokenized intellectual property rights solutions.

How Does DeSci Function? : A Quicker look through

In order to control intellectual property and encourage research contributions, DeSci uses tokenization, decentralized autonomous organizations (DAOs) for decision-making, and blockchain technology for safe storage. Blockchain technology guarantees safe data storage that is unchangeable once it is in place. Stakeholders may manage resources and make decisions independently of middlemen or centralized organizations with DAOs, which also facilitate transparent and decentralized financial allocations and project governance.

Blockchain ensuring secured Storage:

Blockchain technology, which offers a decentralized ledger for permanently and verifiably recording transactions and data, is behind DeSci.

Intellectual property NFTs:

An innovative way to honor and recognize scientific accomplishments is through IP-NFTs. Scientific data and discoveries can be assigned and their ownership and rights confirmed using them. It is possible for researchers to maintain ownership rights over their contributions, which can then be sold or licensed, by tokenizing intellectual property.

DAOs:

Organizational structures known as DAOs function according to rules that are stored in computer programs known as smart contracts. In DeSci, DAOs are employed to democratize scientific project governance. Without the need for a centralized authority, members of a DeSci DAO can vote on a range of topics, including the direction of research, funding distribution, and results publication.

Use Cases of DeSci in Web3

Funding beyond boundaries:

While experimenting with DAOs and other Web3 tools, DeSci sees a future in which science financing is revolutionized by incentive models such as DAO governance, quadratic funding, and retroactive public goods funding. Numerous decentralized funding methods and openness in the distribution of research funds can be supported by smart contracts. Decentralized networks, research projects funded by crowdsourcing, and contributor rewards are all tools that DeSci can use.

IP Ownership and Development:

Through DeSci, the complex problem of intellectual property (IP) ownership in traditional science is resolved in the Web3 sphere. This innovative strategy not only opens the door to the possibility of an open revenue distribution.

Peer Review:

DeSci platforms can function as decentralized academic publication repositories. Researchers can directly post their works on it.

Data Sharing:

Assisting researchers in tokenizing and monetizing data, DeSci platforms can help in assuring ownership facilitating safe and transparent sharing of data. 

Benefits of Our Decentralized Science Solutions

High transparency: The whole research process is visible and auditable with DeSci protocols, which guarantee that all changes, contributions, and outcomes are documented on a blockchain.

Collaboration: Because DAOs and smart contracts in DeSci streamline peer-to-peer interactions and cut down on bureaucratic overhead, scientists may work together directly and effectively.

Funding models: Researchers can receive funding based on community votes or predetermined criteria with blockchain's ability to facilitate efficient and transparent financing models that guarantee resource distribution.

Enhanced accessibility: It promotes an inclusive research environment where anybody can participate, regardless of location or affiliation, by removing institutional and geographic barriers.

Hivelance assists you in Building DeSci Projects:

As the top DeSci development company with more than ten years of experience in the DeFi and Web3 space, Hivelance regards decentralized scientific projects as a game changer rather than a fanned curiosity, which is why we provide our services. Our team will help you realize your Decentralized Science (DeSci) vision. With our clear funding platforms and unchangeable research data sharing, we give you the resources and know-how you need to create and work together with ease.We have a team of experts with wider knowledge in all aspects of blockchain, decentralized science to assist you in the right pathways. Our Desci solutions can revolutionize scientific research and can speed up innovations making researchers enter the market reducing the barriers. 

Start Your Scientific Research Project in Desci and Raise Your Fundings