🌟 Tech Spotlight – Decentralized Science

 

Decentralized Science, or DeSci, is shaking up how research and data are shared, empowering scientists and institutions to collaborate without the traditional barriers that often slow progress. By leveraging blockchain, DeSci allows for the secure, transparent exchange of data, removing intermediaries and giving researchers more control over their work.

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Real-World Example: AminoChain

 

A prime example is AminoChain, a decentralized biobank platform. Instead of relying on siloed databases and lengthy approval processes, AminoChain enables efficient collaboration between researchers globally. This kind of decentralized approach speeds up innovation in sectors like biotechnology and healthcare.

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Why DeSci Matters

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Think about it—traditional research is often locked behind paywalls or requires jumping through bureaucratic hoops. With DeSci, data is more freely accessible, ensuring that critical research can move faster, with scientists collaborating across borders. Blockchain ensures the security and authenticity of this data, making it tamper-proof and easily trackable.​

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From accelerating drug discovery to democratizing access to research, DeSci is pushing the boundaries of what’s possible in science.

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📰 This Week’s Blockchain and Web3 Highlights

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PayPal Expands Crypto Services to Business Accounts: PayPal has enabled business accounts to buy, hold, sell, and transfer cryptocurrency, offering greater flexibility to companies looking to engage with digital assets.

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Kamala Harris Aims for U.S. Leadership in Blockchain: Kamala Harris announced that her economic plan includes making the U.S. a dominant force in blockchain and digital assets, signaling a recommitment to leadership in emerging technologies.

 

BlackRock’s Bitcoin Holdings Near $24 Billion: BlackRock now holds nearly $24 billion in Bitcoin, accounting for 1.7% of the total available supply, reinforcing the growing institutional interest in digital assets.

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Bitcoin Surges Above $66,000 on Positive Inflation Data: Bitcoin’s price broke past the $66,000 mark following positive inflation data, with the Fed’s PCE index showing better-than-expected results, adding bullish sentiment to the market.

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A16z Backs AminoChain in First DeSci Investment: Andreessen Horowitz has made its first investment in Decentralized Science (DeSci) by backing AminoChain, a platform focused on creating a decentralized biobank to share medical data securely.

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Guggenheim Tokenizes Commercial Paper on Ethereum: In a notable move, Guggenheim has issued its first digital commercial paper via Ethereum, further advancing the tokenization of real-world assets in traditional finance.

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Spot Bitcoin ETF Options Could Impact Market Demand: Analysts believe the SEC’s approval of options for BlackRock’s spot Bitcoin ETF could drive institutional demand, potentially leading to significant changes in the Bitcoin market.