EncrypGen

The EncrypGen Gene-Chain is a blockchain to mediate the searching, storing, sharing, buying and selling of genomic data.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

Medium

Updated: May 29, 2023

Learn more about our rating

User Rating

Highest

5/5 • 2 votes

Ticker

DNA

Token standard

ERC20

FoundedUnited States

Registration countryUnited States

Registration year2017

Office address16192 Coastal Highway

What is EncrypGen

Genomic data is complex and sensitive. If the Blockchain technology were applied in the field of genomics, a specialized solution needs to be designed. The EncrypGen, Inc.'s Gene-Chain application has been developed precisely for this purpose. EncrypGen provides next generation software for genomic data, which empowers patients and data donors and creates a safe environment to facilitate health, business and science. The Gene-Chain solution brings with it the beneficial features of Blockchain such as:

• The genomic database is distributed,
• Sharing is peer-to-peer,
• The network is virtually unhackable,
• A permanent and immutable record of transactions is created, and
• Transactions are searchable.

In the field of genomics, EncrypGen’s Gene-Chain is revolutionary. The application is tailored to the nuances of genomic data and designed to be a central repository for genomic data that severely outperforms its Cloud-based counterparts. Furthermore, the application offers unique benefits on top of what is afforded to the Blockchain technology:

Safe and searchable - Patients and data donors are welcome to deposit their genomic data to the Gene-Chain for free. By doing so, donors are assured that their information is permanently stored in a safe and secure manner. Researchers and clinicians can then access genomic data with the explicit permission of the data owner and with the use of time-expirable keys.

Ethical - Companies, research centers and universities may purchase licenses to store data in the Gene-Chain to comply with local laws relating to consent and privacy.

Empowering to donors - The Gene-Chain enables real time and permanent tracking of transactions, placing the control and capacity to give consent in the hands of the true data owner.

Secure and private - Aside from the unhackable encryption mechanism of Blockchain, the Gene-Chain also adopts rotating reference genomes, time limited keys, compression algorithms aided by deep learning software as well as other sophisticated security measures.

Platform-agnostic - One of the main challenges with a centralized database for genomic data is the need to standardize the format of the information added onto the database. The Gene-Chain, however, is agnostic to the original formats of the data and the sequencing platform. The data can be stored and browsed in its original form. The GeneChain is designed to only store, share and secure it.