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FAQs

About Blockchain

Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding).

There are no clear guidelines yet, but Union Minister of Finance Nirmala Sitharaman said in a statement that India was not against the blockchain technology. She further added, “We want the technology to survive, and also be in a position for the FinTech and other sectors to benefit from it.”

Blockchain is the technology that enables cryptocurrency. Blockchain is a distributed database with application across industries. On the other hand, Bitcoin, Ethereum, XDC, etc. are different cryptocurrencies.

A DAO or Decentralised autonomous organisation is a collectively-owned, governed with blockchain organization working towards a common mission.

About Vscience

Vscience is a collaborative and symbiotic ecosystem aimed at decentralising scientific research. The primary goal is giving the power back to the researchers and patients by ensuring the former has access to funding, while the latter gets novel treatments.

You can get started by joining our Telegram and discord. Be the part of the community and feel free to ask for more information in the community.

You can read out Whitepaper to have an in-depth overview of what we are trying to do.

No, Vscience is a collective initiative which is open to all. It is completely free to join and participate. Please join our communities Discord Twitter Telegram.

Our goal is to fund research projects that our community wants to fund. The community has the right to decide which projects to fund.

We are a diverse community of researchers, citizen scientists, and industry players. You will have ample opportunity to leverage our network.

We plan to launch our tokens at a future date. We will update the same to our community.

Yes, we plan to accept donations. We will update the details soon.

About IP-NFT

IP-NFT is a new tool used to manage the intellectual property using the distributed ledger technology. IP-NFT unlocks the value of IP by making it a tradeable asset.

Yes, the data is completely safe and we use the best available technology to ensure the safety of the data. Besides, since the data is published on blockchain with a timestamp, it becomes immutable and serve as proof pre-IP.

IP-NFT can also include pre-patent intellectual property or key research data.

Yes, our IP-NFT have a legal standing and valid in the court of law.