MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

The applications of blockchain technology in drug discovery and development

LewisBraham
edited July 2021 in Other Investing
Since I'm rather tired of the constant discussions about cryptocurrency as some great advancement in humanity and a supposedly good investment, I thought it was important to provide an illustration of why blockchain technology is far more interesting than cryptocurrency and could impact many other fields: https://biotechconnection-sg.org/the-applications-of-blockchain-technology-in-drug-discovery-and-development/
To me the investment opportunity will be in companies using blockchain to do other things such as drug discovery. The idea of "open science" and blockchain being used as the world's greatest supercomputer to solve real problems, not to trade in an imaginary currency, is significant. It also can have numerous security applications with traditional currency. So why focus so much on bitcoin, ethereum and the rest?

Here's another interesting one about other blockchain applications and its risks in science:
https://nature.com/articles/d41586-017-08589-4

Comments

  • MarkMark
    Both articles are quite interesting although it seems that there is a lot of work and configuring to be done before we see widespread adaptation and adoption. I will be watching.
Sign In or Register to comment.