Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, DNAtix, a proposed genetic information platform where consumers, researchers, laboratories and health facilities will collaborate to make genealogy accessible and transparent has arrived.
DNAtix is a proposed genetic information platform where consumers, researchers, labs and medical facilities will work together to make genealogy accessible, transparent and anonymous. To realize this goal DNAtix will use cutting-edge infrastructure and blockchain technology to provide services such as the analysis, storage and exchange of digitized DNA data through a Direct-to consumer platform.
Furthermore, DNAtix will issue utility token which be used to trade in the DNAtix genetic platform. Moreover, the coin will also contribute to the future development of the DNAtix project. Within the platform, user will have the capability of uploading either partial or full genomic info in a fast, secure and anonymous manner.
Medical facilities will have access to a library of genetic conditions from which they can develop appropriate remedies. Hence, the platform will revolutionize the field of human health, moving from a reactive culture to preventative one.
DNAtix intends to create a future ecosystem for Genetics where consumers, researchers, laboratories and clinics operate making Genetics more accessible, transparent and anonymous. DNAtix intends to offer cutting-edge Genetics and Blockchain services which intends to be anonymous and encrypted and intends to include: analysis, storage and transfer of digitized DNA sequences through a Direct-to Consumer platform (D2C).
DNAtix intends to sell a crypto Token – DNAtix token, that intends to support future development and use of its DNAtix genetic platform. The DNAtix platform intends to enable users to upload partial or full genomic sequences in an easy and anonymous manner. It intends to allow genetic tests to be performed and intends to offer clients the opportunity to get referrals to an appropriate solution provider for tested genetic conditions. DNAtix intends to enable its users to take ownership of their genetic data, encouraging them to manage their health today, moving from Reactive to Preventative medicine.
Direct-to-Consumer (D2C) genetic services provide great promise to users with exponential growth estimates. For years D2C services have remained in the initial stages because:
Health authorities around the world have shown doubts about D2C genetic services up to now.
The number one problem in modern genetic health to do Full Genome Ordering. This is a very expensive service, preventing it from being accessible to everyone.
Genetic data is very sensitive. The distribution of genetic data through the web that ensures data privacy and integrity in the past is very limited. This has changed because of the development of Blockchain technology and Smart Contracts that provide security and anonymity.
We stand on the brink of a major disturbance in the Genetic testing room. Various fields of health gather together to collaborate and enhance their respective activities and growth, thus making DNAtix and DNAtix services provide the right technology, at the right time and place.This first agreement will allow other companies including DNAtix, to offer genetic services directly to clients.
DNAtix is currently the only company offering work platforms that carry out digital analysis, storage, and transfer of DNA sequences immediately to implement encrypted block chain technology.
COSTS AND TIME
Full Genome Cost Sequencing decreases. What has been completed at a cost of $ 3.5 billion and requires 13 years, will soon be offered at a price of $ 100 and will be completed in just a few hours (2.3).
Until now, there is no way to provide anonymity, directly to consumer genetic services. The DNAtix token will activate, for the first time, an anonymous and safe method for the analysis, transfer, storage, and payment of DNA sequences.
Presently, people have to go to medical services providers to access genome sequencing test, an aspect that substantially compromises their privacy. Moreover, there is no solution that offers blockchain-driven direct-to consumer services.
Services Offered by DNAtix
Several Genetic Tests
DNAtix will provide an array of both lifestyle and genetic assessments, which will be performed as either individual tests or packages.
Typically, blockchain applications are impenetrable. This guarantees that the confidentiality of a user(s)’ genetic information is upheld throughout.
Referral to Service Providers
The DNAtix platform will automatically refer users to the appropriate service provider by analyzing the test results against the remedies offered by a particular solution.
The DNAtix Wallet
DNAtix will developed a digital wallet through which members will control and access payments on the DNAtix platform. Besides, this wallet will also store the genetic information of each particular user.
The DNAtix Token
This will be the only acceptable means of payment within the DNAtix platform. The total supply of these coins is fixed at 150,000,000, meaning no additional tokens will ever be minted. In the first year, 15% of DNAtix will be hoarded in the reserve account.
The DNAtix Ecosystem
DNAtix develops a genetic ecosystem of the future where consumers, researchers, laboratories and clinics meet to use and produce genetics in a way that is more transparent, accessible, enforceable and safe.
The DNAtix Platform
An advanced genetic platform based on blockchain that provides anonymous and encrypted genetic services, including analysis, storage, and transfer of digital DNA sequences via a platform directly to consumers.
DNAtix completes the first proof concept test (POC) by transferring the complete viral genome sequence to the Ethereum block chain. This test is a key step and the company believes that this is the first time someone has successfully transferred the DNA sequence to the blockchain.
DNAtix is scheduled to conduct its ICO in June 2018. During this event, 85% of the 150,000,000 DNAtix tokens will be up for sale. The hard cap for the fundraiser is set $30 million. Further details regarding the impending ICO are yet to be published on the project’s website - https://www.dnatix.com/
Name - DNATIX TOKENS (DNATIX)
Exchange Rate - 1 DNATIX = $1.00
Currencies Accepted - ETH, BTC, BANK WIRE USD/EUR
TOKENS ISSUED - 150,000,000
Token Pre-sale Dates - August 15 – November 14
Public Token Sale Dates - November 15 – December 15
Hard Cap - 45,000,000 USD
Soft Cap - 1,000,000 USD
Token Distribution and Use of Funds
After the ICO conclude later this year, the team will embark on the deployment of DNAtix platform. This step will involve the setting up of virtual machines at partnering institutions worldwide. Later one, DNAtix will increase the number of test it performs by adding an extra 25 tests.
Meet The Amazing Team
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Till next time…
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Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.