Nebula Genomics [GENE]
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Description
Nebula Genomics is a biomedical, blockchain platform for sharing, analyzing and storing genomic health data. Consumers can monetize their data while keeping total control of it. Data buyers can access specific genomic data, run computations and get answers quickly and efficiently. Nebula Genomics leverages blockchain technology to eliminate the middleman and ...Read More
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Executive Summary
The first human genome was sequenced in 2001 at a cost of $3 billion. Today, humangenome sequencing costs less than $1000, and in a few years the price will drop below $100.Thus, personal genome sequencing will soon be widely adopted as it enables better diagnosis,disease prevention, and personalized therapies. Furthermore, if genomic data is shared withresearchers, the causes of many diseases will be identified and new drugs developed. Theseopportunities are creating a genomic data market worth billions of dollars.
Nebula Genomics seeks to lead this emerging market by understanding and overcomingkey obstacles. We will spur genomic data growth by significantly reducing the costs of personalgenome sequencing, enhancing genomic data protection, enabling buyers to efficiently acquiregenomic data, and addressing the challenges of genom big data. We will accomplish thisthrough decentralization, cryptography, and utilization of the blockchain.
(Obtained from ICO Whitepaper)
Nebula Genomics seeks to lead this emerging market by understanding and overcomingkey obstacles. We will spur genomic data growth by significantly reducing the costs of personalgenome sequencing, enhancing genomic data protection, enabling buyers to efficiently acquiregenomic data, and addressing the challenges of genom big data. We will accomplish thisthrough decentralization, cryptography, and utilization of the blockchain.
(Obtained from ICO Whitepaper)