A frontrunner in blockchain development and innovation, HashCash Consultants declares its venture into building a blockchain-powered prototype for DNA sequencing and genome research. The proposed prototype will prioritize preventing the misuse of confidential genetic information with blockchain innovation.
DNA Sequencing and Genomic Research
There have been several innovations in genomic technologies in the past few years. A decrease in expenses, in addition to better access, has been key to the overall development of genetic research, and optimization of healthcare and social welfare. The recent progress has also contributed significantly towards the development of improved medical research facilities which results in better pinpointing of diseases and subsequent medications. Blockchain also fortifies the genetic research ecosystem facilitating better sharing of private DNA data eliminating concerns for privacy.
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CEO Speak
HashCash CEO and blockchain pioneer Raj Chowdhury states, “Medical research professionals use genomic mapping to get a better picture of the underlying mechanisms for rare and common illnesses such as Alzheimer’s, diabetes, and high blood pressure. Blockchain’s asymmetric cryptography empowers users with powerful data encryption.”
A normal human DNA comprises three billion base pairs amounting to a total of 1.5 GB of data. Blockchain’s shared ledger restricts the usage of confidential data to outside third parties guaranteeing privacy.
HashCash: A World Leader in Blockchain Development and Innovation
“Blockchain is in the forefront of disruptive modern-day innovations with a scope of implementation across countless domains. Its incorporation in genetic research will encourage trust and transparency, boosting medical advancements to greater heights,” mentioned Chowdhury.
HashCash’s proposed prototype will accelerate the transfer of genetic data within secure networks. Blockchain solutions designed by the company have been deployed across 5 continents in over 26 countries. Hashcash won the first position in an international list of blockchain developers compiled by a global business review firm. The company has also partnered with global tech giants for building a Biometric DI Lab as well as Space Commodities Exchange.
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Final Words
The field of genomic research is undergoing exponential growth and making notable contributions to improve associated sectors. HashCash’s endeavor into combining genomic research and blockchain technology will significantly improve medical research. This will consequently make a positive global impact, fueled by technology.
Source: https://finance.yahoo.com/news/hashcash-build-prototype-blockchain-based-080000570.html
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