It has been confirmed that the National University of Colombia, one of the largest universities in the country, is attending the global Blockchain Consortium for Science dubbed Bloxberg.

According to co-director of the research group at InTIColombia, Mauricio Tovar Gutiérrez, Bloxberg was led by the prominent German research organisation Max Planck Society. Initial members of the firm include copious research institutes from 10 countries across the world came together for the purpose of promoting blockchain adoption within a region, then a nation, and “become the first truly globally maintained decentralized network by scientists for science.”

Despite being a pilot project, Bloxberg aims to terminate the role and the financial hassle of the third-party in consultation and evaluation of scientific articles via its application, Tovar Gutiérrez disclosed.

Leveraging blockchain technology, the platform will be able to perform accurate data authentication, preserve copyrights, make its in-depth research results available for reference and exchange purpose and so on.

Gutiérrez remarked on the implementation of such innovative technology in the publication process, saying authors have full ownership of their published articles, the patent of which becomes immune to alteration from anyone, even the authors. He added:

“This is another case of striking use, to identify or record some academic production and demonstrate authorship.”

The consortium encompasses leading universities in their respective countries such as the Camegie Mellon University, University College London, or UCL, ETH Library, the largest public technical and scientific library in Switzerland, and many more.

Recently, two South Korean private universities, Yonsei University and Pohang University of Science and Technology, will partner in constructing a well-appointed Blockchain Campus with its own cryptocurrency, as The Crypto Sight reported on April 15.