New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified confines of high-tech labs but more broadly in the business world as well.
Paul Kohlhaas, co-founder and CEO of Molecule — a platform for biotech decentralized autonomous organizations (DAOs) founded in 2019 — spoke about pharmaceutical research and its funding on the Zima Red podcast in April. “We believe it could be way cheaper, if it was coordinated in a better way,” Kohlhaas said of pharmaceuticals research. “I think there’s this cultural and bureaucratic problem.”