Open science and open access are new and rapidly expanding scientific models of interest.
Currently, there is no single science, technology, engineering, and math (STEM) end-to-end ecosystem that provides free tools, services, grants, equipment, manuscript development, and preprint server platform for collaborating researchers in which they can earn cryptocurrency for advancing the unused IP. Further, there is no model to make value of unused and dormant intellectual properties, mainly patents, dissertations, preprints, and software.
Therapeutics (pharma, medical devices, and diagnostics) are expensive propositions. They are time consuming and expensive to develop and distribute. As such, many intellectual properties are abandoned or go dormant and unused. However, by creating a labor force that can advance these technology opportunities, life saving therapeutics, particularly orphan, low incidence diseases and conditions, can make it into the world.
For example, on the Therapoid platform there is a viral oncolytic technology developed at Nationwide Children's Hospital Research Institute. This technology was not licensed by any large pharma. This could be due to low impact marketing or technological advancements that were needed but funding to do so was unavailable. By bringing interdisciplinary scientists together around this immunotherapy opportunity, advancements and recognition of the technology can be realized. Then, after enough advancements are accomplished, a generics manufacturer can manufacture the results and a not-for-profit could distribute the product to patients who need it.
The Open Therapeutics https://Therapoid.net platform freely provides unused, dormant, and abandoned therapeutic IP and technologies (pharma, med device, software, and diagnostics) to researchers for crowd advancing/sourcing. The IP comes from government, corporations, and academia. It is estimated that in total there is 4 trillion U.S. dollars worth of unused IP (Hovis, 2014). The platform already has IP from organizations such as NIH and Nationwide Children's Hospital Research Institute.
We also provide the scientists free tools, services, equipment, and grants to advance that IP.
The resulting technologies are free for anyone to use under a modified CC4.0 license.
We will use blockchain as a technology to assist aspects of the crowd-developing and crowdsourcing platform. For example, we have filed patents for:
1. Issuing and managing grant funding on a blockchain.
2. Managing IP on a blockchain.
The Company will file, if possible with funding, we will develop and apply for patents for:
1. Managing lab equipment on a blockchain.
2. Managing preprint server hosted manuscripts on a blockchain.
3. Using a scientific-proof-of-work, issuing blockchain-based cryptocurrency to reward scientists for collaborating in the Platform.
The development and usage of these blockchain developments will be used to identify and crowdsource/develop life improving and life saving therapeutic technologies and products.