CandleFocus Is DeSci the Next Big Thing? Binance’s CZ, Brian Armstrong, and Vitalik Are All In
2024-11-14
Author: Content Editor
Crypto leaders such as Changpeng "CZ" Zhao, Brian Armstrong, and Vitalik Buterin are focusing on Decentralized Science (DeSci), a movement that uses blockchain to revolutionize scientific research. CZ, who has shown growing interest in DeSci since leaving Binance, attended a gathering of DeSci entrepreneurs along with Buterin. Buterin believes DeSci can improve science by enabling diverse and democratic funding through cryptocurrencies. He also sees decentralized autonomous organizations (DAOs) as a tool for organizing research funding. Brian Armstrong, CEO of Coinbase, supports open scientific collaboration through platforms like ResearchHub. DeSci aims to address challenges in funding, data sharing, and publishing within traditional scientific research. The involvement of industry leaders like CZ, Armstrong, and Buterin brings significant attention and resources to DeSci, potentially accelerating its development and adoption.
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