Influencing the present and future...

Etica Protocol: Connecting medicinal knowledge and possibilities through blockchain

By Eddyc | Crypto Bits | 18 Oct 2022


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Greetings Friends;

 

Thoughts and ideas tend to be forgotten by wrong motivation or egoism issues and maybe the world would be different if bureaucracy weren't an obstacle. An interesting advent that can this paradigm and change the world is the blockchain where through this technology we can share, explore, educate and even shape any human need and all this through decentralization. A very important but little mentioned field is the field of medicine and with the use of blockchain in this segment we can have hope for advances in research or even cures. Why? Because it has a decentralized resourcefulness, blockchain technology makes it possible to unite interests through an approval system, bonuses and other modalities for the benefit of any ecosystem. Therefore, it's with this decentralized thinking that I will write about Etica Protocol, a project whose primary objective is to encourage and reward research and researchers through a neutral position, breaking the taboo on the need for intellectual property.

Still in the introductory analysis, have you thought about how many people could benefit in the African continent, Central American countries, South America or all countries that have problems with tropical diseases, among others that characterize and influence human poverty? Have you ever thought about how much the Etica Protocol project could add to society? Below I will detail more about the project and its possibilities in the field of reality.

 

What is Etica Protocol? What is its benefit to society?

 

In connection with the introduction Etica Protocol is a totally neutral ecosystem that was born to break down conventional barriers and in this case barriers in the early stage of medicinal research. Its purpose is to reward medical research by allowing greater efficiency in the sharing and involvement of discoveries, breaking the need for intellectual property, something necessary in the field of activity and development today. With a neutral proposal Etica Protocol solves the issues and obstacles that hold back medical research through a privacy voting system in which token holders can submit proposals. Proposals are scientific articles oriented towards a specific disease. Unfortunately, there is a pattern of world research that directly influences the prices of medicines and all this for the benefit or harm of a patent, that is, an intellectual property that, by obligation, tends to pay dividends to the owner or medical organization that has such possession. By breaking this Etica Protocol structure, it allows and directly influences drug prices.

Below are examples of proposals that can be found on the website  Etica Protocol

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As you can see above, the project has the necessary commitment to change and influence the prosperity of a society. In summary, Etica Protocol aims to become the neutral protocol on which decentralized communities will organize and gain experience to discover medical treatments in a simple way and without intellectual property. Its impact on the medical community will be huge because with the use of blockchain and the unlocking of research, the world will benefit from the healing advances and scientific debates of certain diseases.

 

Influence in practice

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Before starting to reflect on the most interesting aspects of the Etica Protocol project, all content about the project can be found in the Whitepaper and in the access links where you can learn more about technical terms and more specific knowledge and in this article my main objective is to show how big is this project and why it can really change a society for the benefit of any federal, state, provincial, departmental or municipal government.

 

Etica Protocol has its own blockchain i.e. it's a fork of Ethereum Classic, started from block0. The protocol aims to promote guided research, practical and theoretical debate between specific groups and segments and is based on breaking the conventional standards of intellectual property where it's necessary to define a proposal as the combination of its content and the disease for which it's proposed. As a consequence, each proposal is identified by the hash resulting from its combination. Disease uniqueness is addressed by hashing the disease's English name Eliminating the risk of having multiple disease entities referencing the same disease, eliminating unnecessary multiplication. Your platform (Web 3.0 Application) Etica has a very interesting dynamic where there is a two-step privacy voting system, what do you mean? This system guarantees the necessary privacy for the voting period and the necessary transparency for the disclosure period. So when the proposal is created, users have 21 days to confirm their votes and 7 days to reveal their votes. Committing a vote means sharing a hash of the voting parameters before revealing it during the reveal period. However you ask yourself? why all this time for confirmation and decision? The answer is very simple. Usually the creators of the proposals are highly qualified doctors and with a widely extended schedule which means that time is a valuable asset to the creators of research and content.

 

 

 

Etica Protocol Specifications:

Coin


Name: Etica Protocol

Symbol: EGAZ

Algo: Ethash(ASIC) PoW(Proof of Work)

Total Coin Supply: 21 Millions

Explorer

Github

Pool

 

Exchange

 

Txbit.io

Xredx

 

Conclusion

 

In my opinion, this project deserves to win an award of international recognition and can help governmental institutions of any government, countries and especially African countries. I can take some clear examples and in this case Eswatini, Lesotho and Botswana are countries located in the southern region of Africa that are known for the highest rate of contamination by AIDS in the world. Now I ask you, have you ever thought how much Etica Protocol could help these countries? Research proposals on the platform could greatly help in research and healing for the benefit of improvements for these societies that suffer so much from contamination. Another very impactful disease is Cancer and have you thought about the role of Etica Protocol in benefit of curing this disease? The possibilities are extensive and in general I could cite several examples and lines of reflection, but the article will get huge and it can get in the way of my proposal to motivate you to research and learn more about the project.

Now I let you reflect on the impact of this project.

 

 

 

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Eddyc
Eddyc Verified Member

We will reap everything we plant... The universe is relentless!!! DYOR


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