Nebula Genomics To Use Blockchain For Anonymous DNA Sequencing
Nebula Genomics, a technology start-up, is using blockchain for DNA sequencing, which reduces the requirement for customers to reveal their personal information.
According to a blog post published on September 19th, Nebula has initiated an anonymous genetic testing, allowing the clients to buy whole-genome sequencing and give their saliva samples without the need to give out their personal information like their name, credit card number, or phone address.
Eliminating the dependence on data de-identification
To achieve the aims of this initiative, Nebula has created and applied a blockchain-based product which allows for controllable and transparent data sharing, offering an option to carry out pseudo-anonymous transactions using cryptos. For customers who do not use digital assets, the firm suggests using a prepaid credit card for securing their privacy.
“Most importantly, enabling individuals to remain anonymous would eliminate the dependence on data de-identification by personal genomics companies prior to data sharing with researchers,” the post read.
As of now, Nebula provides anonymous sample collection by delivering the kits for saliva collection to USPS PO boxes.
Recently, in June, Nebula had collaborated with a North American biopharmaceutical business of Merck KGaA, EMD Serono, which is the world’s oldest pharmaceutical company that is still running. Through the partnership, Nebula gives access to the company to its network of anonymized genomic data for supporting the development and research for new medicines.
During the period, Nebula also said that its integration with the company marked its first attempt to develop a model of sponsored genome sequencing.
Increasing blockchain adoption by health industry
Earlier this month, a blockchain network called Harmony partnered with Lympo, a Lithuanian blockchain-based health app company, to conduct quick and secure health data sharing. Lympo is purportedly creating a platform for healthy lifestyle activities like jogging or walking to boost the scalability of the platform.
As per Global Market Insights, the worth of blockchain in the healthcare market is envisioned to succeed $1.6 billion by 2025, because of various factors like the rising investment in the field and the applications of government initiatives.
- Blockchain Specialists in Trend and Rise in Demand across the Globe!
- Blockchain Technology to Transform Digital Watch Ownership!
- Malta University Students Utilises Blockchain Technology For Voting Amidst Lockdown!
- Berkeley Blockchain Incubator Embraces Startup Battling Coronavirus!
- Can Blockchain Technology Transform eSports Successfully!
Hottest Blockchain News Daily
Get our latest news and posts in your inbox.