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X Genomics Unlocks Life Sciences Putting Big Human Genetic Data on the Blockchain

Published 11 months ago

X Genomics Unlocks Life Sciences Putting Big Human Genetic Data on the Blockchain

Coin Idol via coinidol.com

X Genomics, a startup bringing some of the world’s most experienced genome specialists to build the world's largest genetic data chain powered by the blockchain, announces the X Genomics Human Variant Genome Project. As the gene industry is developing, X Genomics aims to solve many of its pain points through efficient and secure blockchain services, under the premise of secure and reliable transaction interconnection through visualized data management tools. X Genomics is breaking the silos of industry information and integrates the human genome data on a blockchain by building a global genetic data hub and opening a transparent service platform for anyone to share human genome data, while not relinquishing ownership of the data.

X Genomics plans to integrate and attract various gene technologies and scientific research institutions to participate in genetic data analysis and mining, while maximizing the value of genetic data, and providing comprehensive, customized health management and life guidance for gene donors. said Shine Lam, CEO of X Genomics “By enabling decentralized genome data storage, X Genomics will enable human genome data to be publicly accessible and ready for sharing while protecting the security and privacy of the data owner.” To power its blockchain, The X Genomics project will issue an ERC-20 token, the X Genomics Chain Token, (symbol: GSX) under the Human Genomic Research Foundation LTD, founded in Singapore.

Users uploading their genome data to the X Genomics blockchain will be compensated with tokens when their data is used. It will break the silos of industry information and integrate the human genome data on a blockchain by building a global genetic data hub and opening a transparent service platform for sharing human genome data. X Genomics will maximize the value of genetic data, and provide comprehensive, customized health management and life guidance for gene donors. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full
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