Researchers at Boston Children’s Hospital thought so, so they created microparticles that can be injected into your bloodsteam and oxygenate it. Even if you can’t/aren’t breathing. And it can keep people alive for 15 to 30 minutes. Think about that. At worst, it’s 2/3 an episode of Seinfeld. At best, you could start a second.
The particles are pockets of oxygen in a layer of lipids, specifically fats.