Science Gets a Boost from Blockchain and Crypto

Scientific research is getting a makeover thanks to blockchain and crypto. Companies are now using these technologies to fund research, which could speed up the discovery of life-saving treatments. One company, Portage Biotech, has switched gears. It's now a Toncoin (TON) treasury company. This means it earns money by staking TON and investing in Telegram projects. Some of this money will go towards cancer research. The company is also looking into tokenizing real-world assets to fund research. This could make it easier for researchers to get the money they need. Portage Biotech is different from other crypto treasury companies. It still has its original business, which includes valuable assets. This sets it apart from companies that just focus on crypto. Another company, Ideosphere, is using prediction markets to fund research. Researchers can share their ideas, and traders can bet on them. The money from these bets goes to the researchers. This could be a new way to fund early-stage research. Bio Protocol is another company making waves. It combines AI, blockchain, and community participation to research drug discovery. It recently got $6. 9 million in funding. The company's founder believes it could change the way scientific research is done. These companies are showing that blockchain and crypto can be used for more than just investing. They can also help fund important research. This could lead to faster discoveries and better treatments.