Quote from: scambust on March 23, 2019, 08:37:08 AM

Quote from: Encrypgen on March 21, 2019, 05:20:17 AM

Quote from: scambust on March 20, 2019, 07:38:06 PM

They said blockchain technology is still years away from being massively adopted. What more about Genomic Data Markets? Isn't it too early to use blockchains for such use cases?

Hey Scambust. Actually we are not giving any fancy usecase to the blockchain but we are using it as a store of transactions and the DNA utility token is the way of payment to purchase genomic data profiles on our marketplace. Its never too early and if you do your research about what we are aiming to do you will find out that Encrypgen is the first with a working product, we launched the Gene-Chain earlier and our goal is to increase the number of transactions on our marketplace (atm its arround 78) and bring more data profiles to the Gene-Chain. Feel free to join our Telegram, Dr. Koepsell is frequently online to answer your questions.

With what you said, it is definitely interesting. I would probably research how much data/store of transactions you can add to the blockchain and being cost-effective. I would also like to know how you can intelligently extract the data profiles from the chain (Like searching with parameters). I hope to see more developments on this.

I would definitely recommend you to ask this in the Telegram directly to the CEO, Dr. Koepsell. He will give you an answer on this questions.