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This startup puts a price tag on your genetic data

Oct 16, 2017, 7:13 AM EDT
(Source: Karl-Ludwig Poggemann/flickr)
(Source: Karl-Ludwig Poggemann/flickr)

Zenome, a blockchain platform, is in the process of creating a network that will allow researchers and pharma organizations to directly buy access to an individual’s genetic data while ensuring the privacy of the genetic donor.

The genetic data market, valued at about $5.9 billion in 2010, currently remains in the hands of a small number of genomics corporations, pharmaceutical firms, and scientific and medical institutions, a scenario that Zenome seeks to change by offering a safe and secure agency to individual sellers, notes Futurism.

Zenome, which has a market cap of $960K, will kickstart the pre-sale of its ICO on October 17, with the issuance of ZNA tokens, The Next Web.

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