How do Blockchain Change the Fundamental Scientific Sector?

Blockchain has made people change their views about various social institutions. Modern fundamental research requires scientists to work long and hard. Some of these studies help create new products and services. But, despite the fact that successful financial strategies are available to support many developments, the blockchain can radically change the approach to the process of interaction between the scientific community and humanity.

Tokenisation of scientific assets belonging to academic institutions and research laboratories can be one way to avoid the classical system of financing science. Scientific assets require a longer investment period and substantial initial investment, which significantly limits the reach of possible contributors. Even venture capitalists, who often invest in illiquid high-risk assets, largely avoid financing new academic projects.

The token will help resolve this problem, because it is registered and traded on a decentralized exchange, which is not bound by obligations with majority investors. This makes it possible to re-qualify risk into a permanent risk and thus attract more investors.

On the other hand, we must remember that special rules are needed for the scientific crypto investment market that will protect investors and innovation itself. If we can understand how to do this in the most professional way, while maintaining a fragile balance, science can become an independent alternative asset class.

Today, companies such as Scienceroot and Pluto have developed experimental projects for scientific research. Scienceroot will collect $ 20 million to help pay for the works of reviewers and writers on the platform. This project will change the scientific token for Ether.

However, according to some experts, scientists and entrepreneurs may be tempted to add technology solely to make their projects look differentiated, magical, and bright. As evidence of this concern, Deloitte consulting company has identified more than 24,000 disrupted financial chain projects, on the 2016 GitHub software development platform.

Investing in science will still remain at high risk, said Martin Hamilton, a futurist from Jisc who lives in London from Jisc., Which supports digital education services in the UK. But, the prize can be very large if you want to accept a weighted risk.