Cryptogenomics

In the USA, the company offered customers to earn cryptocurrency by selling DNA data

Anna Shvyrkova, Inc.

Geneticist, molecular engineer and chemist George Church has created a startup Nebula Genomics, offering clients to receive cryptocurrency for selling their genome. This is written by MIT Technology Review.

Church's company plans to carry out genome sequencing, and leave the results to customers so that they can sell them for cryptocurrency. All operations will take place on the blockchain. "We're not just going to give people the opportunity to monetize their genome," said Kamal Obbada, a Harvard graduate and co—founder of Nebula Genomics. According to him, the company will conduct its own research.

Customers will receive information about their health and risk of diseases, and the companies to which they sell the data will be able to use them: large research projects need an extensive database, including for the development of new drugs. Usually they have to be bought from research institutes or startups like 23andMe (sometimes for millions of dollars).

Nebula Genomics is also going to create a blockchain platform on which it will be possible to pay for the decoding of genomes and the use of the results with Nebula tokens. The founders of the company plan to reduce the cost of genome decoding in the future. According to their idea, large pharmaceutical and biotech companies interested in this will be able to help them.

Church said that users will have access to the platform in the coming months. It is not yet known whether Nebula Genomics is going to enter the ICO.

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