X Genomics Brings Human Genetic Data to the Blockchain
Start-up X Genomics has revealed its X Genomics Human Variant Genome Project, which aims to bring together genome specialists to build a genetic data chain powered by the blockchain.
The project will enable the human genome data to be publicly accessible and ready for sharing while protecting the security and privacy of the data owner by using a blockchain-based decentralised genome data storage.
The team of researchers and genome experts supporting the program is based in Singapore, Canada, and China, and includes two Nobel prize winners, Professor Randy Schekman 2013 Nobel Prize in Physiology or Medicine and Eric Maskin, Harvard Professor and 2007 Nobel Prize in Economy. This makes X Genomics the first of its kind to be supported by Nobel Prize winners.
The original focus of the project is not on the 99.9% similarity in the genome of each human, but on the 0.1% difference, with a long-term approach that we aim to continue forever, or until humanity is extinct.
X Genomics plans to integrate and attract various gene technologies and scientific research institutions to participate in genetic data analysis and mining while maximising the value of genetic data and providing comprehensive, customised health management and life guidance for gene donors. In addition, the project will also focus efforts and resources on developing application scenarios for analysing and using the genetic data collected, enabling the data to be used by parties for the open advancement of Life Sciences for Humanity.
“Our mission is to create a global human genome data hub, mine the huge genetic database and maximise the value of genetic data,” said Shine Lam, CEO of X Genomics. “By enabling decentralised 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.”