Episode 91 - SCINET - How blockchain will “revolutionize the way people do and support science”

In episode 91, we’re excited to welcome, Jordan Smith and Hank Brigham, Co-Founders of SCINET, a decentralized life sciences research and investment platform that revolutionizes the way people do and support science. We discuss how decentralized science, or DeSci, can address the biggest pain points felt by scientists, the role of IPNFTs in scientific research, how Web3 can empower individuals to have a voice in science, some of the most compelling DeSci use cases, and much more.--Three Key Takeaways--Some of the key pain points faced by scientists that Web3 can help address include a lack of funding, lengthy bureaucratic processes for approvals and publishing, the reproducibility crisis, and a lack of transparency and open access to data.IPNFTs present an opportunity for scientists to be open and collaborative with their research while also being able to protect their intellectual property.SCINET is helping build a more inclusive and fair system of science by giving everyone an opportunity to have a voice in scientific research, to invest in research important to them, and by shifting the power from traditional institutions to scientists and the community.--Full shownotes available at--https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode91-scinet-how-blockchain-will-revolutionize-the-way-people-do-and-support-science--This episode is brought to you by Koinly--Koinly makes doing your crypto taxes easy!Check out Koinly: https://koinly.io/?utm_source=affiliate&via=EB5412D2--Buy us a coffee!--Help us out by buying us a coffee:https://www.buymeacoffee.com/cryptoaltruism--Support us with a Crypto Donation--ETH(ERC20) - cryptoaltruism.eth (0xac5C0105914F3afb363699996C9914f193aeDD4A)Other tokens: cryptoaltruism.org/supportus--DISCLAIMER --While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.Please note: we make use of affiliate marketing to provide readers with referrals to high quality and relevant products and services.