Genomes.io provides a secure platform for individuals to upload their genomic data and retain ownership while enabling pharmaceutical and research organizations to access this data for studies through a blockchain-based consent system. This approach addresses the lack of transparency and equitable compensation in the genomics market, allowing users to monetize their DNA data while maintaining privacy and control.
Funding
Funding not disclosed
MCFounders
Product
Problem
Individuals lack control over their genomic data, often relinquishing ownership to third-party platforms with limited transparency regarding data usage. Existing models offer inadequate compensation for individuals who contribute their DNA to research, creating an inequitable genomics market.
Solution
Genomes.io provides a secure, blockchain-based platform that empowers individuals to retain ownership of their genomic data while enabling pharmaceutical and research organizations to access this data for studies. Individuals can upload their DNA data from services like 23andMe, MyHeritage, and Ancestry.com into a personal DNA Vault. The platform leverages the Ethereum blockchain to maintain a transparent and immutable audit log of data access, ensuring user control and privacy. By removing intermediaries, Genomes.io facilitates direct interaction between individuals and research organizations, allowing users to monetize their genomic information through a consent-based system.
Target Audience
The primary target audience includes individuals seeking to control and monetize their genomic data, as well as pharmaceutical and biotech companies aiming to access verified genomic datasets for research purposes.
Features
- Secure DNA Vault for storing and managing genomic data
- Blockchain-based audit log for transparent tracking of data access
- Granular consent controls, allowing users to selectively grant access to specific data portions
- Integration with existing DNA testing services (23andMe, MyHeritage, Ancestry.com)
- State-of-the-art encryption technology, including collaboration with AMD for enhanced data security
- $GENOME utility token for transactions within the platform
- Tools to explore ancestry, health risks, carrier status, and pharmacogenetics