Ever since blockchain burst onto the scene a decade ago as a technology primarily designed for use in the financial services industry, people have continually found new—and sometimes odd—applications for the technology. Blockchain has been applied to everything from “buying” time (sic!) to renting a supercomputer, yet when it comes to the life sciences, a lack of practical applications has resulted in blockchain being considered a “hammer in search of a nail.”

Over that same time, life science organizations have been attempting to cope with an ever-increasing flood of information, arriving from many hundreds of sources in varied formats, with stringent governance and compliance requirements for how data is used. For several years, The Pistoia Alliance has been working with members as part of our Blockchain Project to investigate the link between these two issues and look at how blockchain might be applied to solve a number of problems for pharmaceutical researchers.

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Where Blockchain in Genomics Come Together

Large volumes of genomic data have been generated by the Human Genome Project, which is extensively used by medical and biotechnology research scientists. Also, the improvements in high throughput gene sequencing are helping to accelerate the genome sequencing process at a lower cost. The generation of zettabytes of genome data will be generated in next decade however there is no secured and trusted data management resource that provides seamless data exchange, sharing, and trustworthy storage solution for zettabytes of genomic data. Therefore, it becomes important to develop the technology platform which can handle such large and sensitive data volumes and can be easily accessible to clinicians, physicians, scientists, biopharmaceutical companies, and other stakeholders.

Dominated Players in blockchain in genomic data management are-

ENCRYPGEN INCORPORATED, DNATIX LTD, SHIVOM VENTURES LIMITED, GENEBLOCKCHAIN, LLC., NEBULA GENOMICS, GENOMES.IO, 23ANDME, INC., IIF MANAGEMENT COMPANY LLC. (ILLUMINA, INC.), 10X GENOMICS, ZENOME

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