Blockchain-Enabled Research Management: Ensuring Transparency, Funding Accountability, and Intellectual Property Protection

Current systems used for managing research funding are breifed. due to fundamental structural issues They all have similar problem. This section consists of cluster of different symptoms. The management system is undermined by insufficient transparency. Poor verification of disbursement of research funding. conflicts regarding ownership and milestone accomplishments of. Intellectual Property We present the Research Integrity and. RIAC (accountability chain) for addressing it. RIAC is a permissioned system. the combined properties of the blockchain ecosystem. Evidencing ownership to one or many. alleviate the structural challenges of the funding management systems. The RIAC Framework comprises of three interoperating layers. on a permissioned blockchain platform namely accountability. a ledger for funders, a milestone tracker and a decentralised. Intellectual Property Registry These layers serve the purposes of. universities, public funders and industry partners jointly. N/A Analysis of the framework, depiction and phased deployment discussion. The expected advantages and risk analysis demonstrate that RIAC is not just a fancy concept. Blockchain is a distributed ledger technology that allows the transfer of value and record of asset ownership in a secure and/or transparent manner. It uses something.