ResearchCoin is a pioneering digital currency specifically designed to streamline and enhance the landscape of academic research and development. Originating in response to the increasing need for efficient and transparent funding mechanisms within the academic community, ResearchCoin leverages blockchain technology to facilitate direct interactions among researchers, institutions, and donors. It provides a decentralised platform to incentivise knowledge creation and dissemination, ensuring that contributions to scientific advancements are remunerated both fairly and transparently. Characterised by its immutable ledger and smart contract functionality, ResearchCoin reduces administrative overhead and minimises the risk of financial mismanagement, thus enabling a more open and collaborative research environment.