Curecoin is the first cryptocurrency to represent medicine and biotech research via scientific mining. Curecoin allows owners of both ASIC and GPU/CPU hardware to earn. Curecoin puts ASICs to work at what they are good at–securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them–protein folding. While still having a secure blockchain, it supports, and thus is supported by, scientific research.
While it isn’t technically ‘backed’ by scientific research (there’s no central authority you can visit to trade coins for scientific research) the coin has intrinsic value as both a currency and as a system of purchasing a tradeable representation of medical research. Similar to the idea of carbon offsets, someone with money can buy some Curecoins which represent a proportional amount of scientific/medicinal research, while someone with tech know-how can also contribute to the folding effort, doing the hands-on work, and gain profit. The value imbued into each unit of the currency from the folding network it represents would add additional traction and inertia to the coin’s trading value. As time goes on and the amount of folding done for the network increases, the amount of research that each coin represents grows