MaterialsZone has secured $1m investment to further develop its proprietary technologies that will allow scientific researchers to publish their data on the blockchain. The seed investment into MaterialsZone is from Sarona Ventures, who have been behind popular hi-tech startups and business accelerator programmes.
It is estimated that 95% of scientific research is inaccessible or lost. This is due to fears surrounding intellectual property, little incentive for researchers to publish their data and a lack of platforms upon which scientists can publish it. Therefore, under the current publishing and academic models, most researchers are reluctant to share their data, out of fear of their findings getting scooped by other researchers. This creates an insurmountable barrier for science to shift into an open access approach, which results in billions of data entries, studies, and experiments from all research fields, not being shared, obstructing innovation and scientific breakthroughs.
Israel-based MaterialsZone addresses these issues through its community-driven platform, which allows researchers to share and sell their data. The platform creates an open scientific data marketplace, incentivising laboratories and scientists worldwide to collaborate in the field of materials science. MaterialsZone utilises blockchain technology to manage data transactions, protecting data from being altered, while keeping ownership (IP) in the hands of its creators, without one central entity controlling the database.
The platform facilitates the cooperation between teams and consortia around the world – anytime and in any place, by automatically collecting data from ongoing studies as well as loading historical data into the database. The platform also allows the sharing of failed results data, which will stop researchers pouring time and money into experiments that have been tried elsewhere.
MaterialsZone’s recent efforts has raised $1 million in a seed round from Sarona Ventures, which will help develop its platform on a global scale. MaterialsZone has further harnessed an extensive database that houses novel materials data gathered from leading laboratories worldwide.
MaterialsZone is the result of seven years of R&D at the Institute for Nanotechnology and Advanced Materials (BINA) in Bar Ilan University (BIU) in Israel, in a lab led by Dr. Assaf Anderson and Prof. Arie Zaban, currently the President of BIU. MatersialsZone was founded by Dr. Assaf Anderson, CEO, and Barak Sela, Chief Architect. Dr. Anderson commented on the news:
“Thousands of materials labs around the world rely on rigid patent systems and scientific publications that allow labs to share only a small part of their data. Therefore, around 95% of data goes unpublished due to strains and complexities faced by researchers. Materials science is the most important driving force behind innovation, and unlocking this data in order to accelerate the discovery of new materials is the key to new technologies and solutions.
“We are excited about our recent collaboration with Sarona Ventures, which will further develop the MaterialsZone database and platform that will lead to new solutions and save thousands of experiments worldwide.”
Philippe Bouaziz, founder and chairman of Sarona Ventures, added:
“The vision of MaterialsZone combines revolution in materials science, along with blockchain technology, in which we see one of the most promising areas in the coming years.
“Our investment in MaterialsZone is an expression of our policy to foster innovation on the technology forefront, including the use of the most advanced technologies such as blockchain and artificial intelligence (AI).”
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The Future of Bitcoin – Is it Worth Investing?
The Current Bitcoin MarketThe bitcoin market at the present moment is in a noticeable downward trend. This has been heavily influenced by the mass market sentiment which has displayed consistently negative signs. That said, many professionals within the industry, and certainly a trusted bitcoin broker such as TradeFW, have firm faith in the markets capability to rebound from its current position. Presently, the market is experiencing a low below $3,500, something which bitcoin trading sites have not seen in 12-months. That said, for those who have recently joined the industry and learned how to trade bitcoin, there are other opportunities. These opportunities currently reside with bitcoin options trading, or CFDs.
Bitcoins Short and Long-Term FutureBitcoins short-term future may well see a further slump prior to any bounce back, however if you are desiring to open a bitcoin account, this should not hold you back. There are many leading forex brokers who are now offering varied bitcoin trading strategies such as the CFD trading from TradeFW where BTC is paired with the USD. If you are wondering where to trade bitcoin in the current market, this may well be the best choice, since, with CFD trading, you can easily capitalize even in times of a slump in the market. As for the long-term future of Bitcoin, this would still appear to be bright. We should remember that in the bigger market picture, the current price level is still comparatively very strong, and the cryptocurrency remains in its number one position. The long-term currency future is further bolstered by the emergence of new trading opportunities such as CFDs and Options trading on Bitcoin. At the present moment, it may be a very advisable strategy to partner with a strong bitcoin trading platform which offers some of these more diversified financial trading instruments, and attempt to utilize any market conditions to your benefit. The best bitcoin trading platforms will certainly have extensive learning resources available. Continuing to utilize these resources to further learn about bitcoin is a surefire way to help improve your trading skill no matter the market conditions.
Pros and Cons of Investing in BitcoinStepping back from the current market situation, there are still a number of positives to be drawn from when it comes to potential future investment in Bitcoin and the cryptocurrency market in general.
- The potential growth levels in Bitcoin have already been demonstrated by the huge gains shown within the past year up to almost $20,000.
- The nature of Blockchain technology means investing in Bitcoin can be both anonymous and highly secure.
- As society continues its technological advancement, there is little doubt that Bitcoin can show its true potential further as it becomes more integrated as a payment method in everyday life.
- With new investment options such as CFDs and options trading in BTC markets becoming available, there is potential for traders in both an upward and downward trending market.
- Bitcoin investment remains innately risky, particularly in the current market where a negative sentiment is quite clear.
- It still remains to be seen if the currency will be adopted or has the technical capabilities to function as an everyday payment method in society.
- Security of your bitcoin holdings and intrinsic value of cryptocurrency are always contentious points.
ConclusionOverall, it is quite clear that whilst the bitcoin market is in times of some difficulty, opportunities still exist for both new and existing investors in the cryptocurrency. Bitcoin now has more trading options than ever with the ability to trade CFDs through many leading and trusted forex platforms. Regardless of the current market price, there is still clear potential in trading and the future of Bitcoin. TradeFW provides top quality forex broker services and trading in cryptocurrency CFDs including Bitcoin. For the best opportunity to capitalize on the current Bitcoin market along with all major forex and other markets, open an account today.
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