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DESCI: Understanding Science On The Blockchain

LBWTVJun 15, 2024

DESCI: Understanding Science On The Blockchain The video features a speaker discussing the concept of decentralized science (DeSci) and its applications within the blockchain and broader scientific communities. The speaker, Scott Itepu, explains how DeSci enables a collaborative environment where ideas can flourish without traditional institutional barriers. He highlights various areas within the Web3 ecosystem, such as decentralized finance (DeFi), decentralized physical infrastructure, regenerative science, and how blockchain can be used for social good. Scott introduces several DeSci projects and DAOs (Decentralized Autonomous Organizations) that focus on different scientific endeavors like synthetic biology, neuroscience, and agriculture. He emphasizes the importance of community-driven research funding through mechanisms like token sales or NFTs and the transparency that blockchain technology brings to these processes. The talk also addresses the intersection of DeSci with traditional science, suggesting that collaboration with established institutions is necessary for progress. Scott provides examples of successful DeSci initiatives, funding milestones, and partnerships with major companies. He encourages viewers to participate in DeSci either as researchers or contributors by joining relevant DAOs or platforms that support scientific innovation. Scott concludes by introducing Flow as a collaborative platform for scientists and researchers to come together and secure funding for their projects. Overall, the video presents DeSci as an accessible field that breaks down conventional barriers in scientific research