Get Paid To..........Rent Out You Genetic Information???????
We are rapidly, and I mean very rapidly, moving towards a tokenized economy. For those who think that blockchain is going to take a while to develop, think again.
Over the next few years, people are going to be paid (in tokens) for a multitude of different things they do. At present, we can get paid to post, comment, and upvote, do web searches, listen to the radio, and share our computer memory. In the not too distant future, everything 14 year old boy will be paid to watch porn (so much for mowing lawns).
Now we see a company that is seeking to aid you in getting paid for your genetic information. That is right; research laboratories will rent out your genetic data. Actually, they already do this through organizations such as 23andme and AncestryDNA. The only difference, like with Google and Facebook, you are not the one to get paid.
Nebula Genomics is a company that seeks to use blockchain technology coupled with tokens to have people paid for renting out their genetic information. Basically, research companies would buy the Nebila token which will be used to gain access to said information. At the same time, individuals would use the tokens initially to get their DNA sequenced for their own personal use.
The goal is to have this system running within the next 6 months. Since the bulk of Nebula's revenues is going to come from companies, security is crucial. Of course, they also have to navigate the security plus privacy issue.
https://futurism.com/nebula-genomics-rent-genetic-information/
While there are still challenges with this particular program, this gives us insight into what the future holds.
How many of you are presently making money off your genetic information? Since I am going to guess very few, I think this could be considered a new revenue source for most.
As I read different aspect of the technological world, I am starting to see how quickly the blockchain idea is spreading. There are few uses that it cannot be applied. No matter what the industry, somebody is coming up with ways to implement it.
We are getting to the point where the potential is almost unlimited. Unlike many technologies, this is not a slow developing one. Real world applications are being designed on a daily basis. Ultimately, many of these will create a revenue stream for us as individuals.
Blockchain is 100 time more powerful and disruptive than the Internet was. This company is just another example of some possibilities that exist out there.
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Where do I sign up to get tokens for smoking weed..
I am sure someone is working on a blockchain to do that....somewhere...somehow.
It is coming....perhaps some of the dealers need to learn about blockchain.
I'd prefer if they used a SMT..
The technology is progressing.
I am of your opinion.
Sometime last year I did a Google search on disruptive technologies I can invest in for the future. The list started with IoT, machine learning and then blockchain technology. It was easier for me to see where IoT and Machine learning will come in until I got to know about Steemit early this year.
From then on, everything became to rapid that I almost got lost. So much future will be built on different blockchain platforms that it will be possible to earn from almost anything you do. Who would have thought that we will ever earn from playing video games or watching porn? And now we will earn from getting our genetic information out there which will also help many industries formulate solutions to most human suffering today. Truly the age of abundance starts today.
Haha, It's truly crazy isn't it? I'm definitely feeling lost when things are moving soooo quickly. We will have so much options and opportunities to get paid for so many things... I won't even know where to start when all of these projects are going to become a reality!
You are lost?
Think of the average person. From my interacting with you on here, you seem rather knowledgeable with what is going on technologically. Consider all those people who have no idea what genetic sequencing even is or that blockchain is in use already today.
Most of society has no clue what is coming.
Yes, compared to an average person, I definitely know what's going on. I even feel sorry for those who put no effort to learn about the blockchain, because they are missing out big time!
But anyways, if the pace continues, soon there won't be any people left who have no idea about the blockchain and cryptocurrencies.
This month alone I've noticed and heard quite a few people talking about crypto currencies while I was in public. Exciting to hear people around me talk about this!
I agree...blockchain and cryptocurrency are the greatest innovations ever to hit the average person.
This is going to do more to create wealth, for the average joe, than anything we have ever seen.
Sadly, as you said, most are not even aware what is going on.
Haha, soon, the average joe will be able to make so much money on the blockchain, there won't be any need to work a 9 to 5 job anymore. I wonder what happens when people earn twice as much money on the blockchain than their jobs? Who will do all the work? lol.
Considering much of the work is going to be automated out, that is a good problem to have.
Those who want to work will continue to do so, they will just be paid a lot more for it.
The tide will finally turn in the direction of the average person. Unlike now where all the power resides in the hands of the powerful corporations, people will have choices.
That is why I am a basic income supporter...it gives people the ability to say no to the jobs for crap pay. Right now people have to take them because they have bills to pay.
Great article and great points! Definitely helping me shape my perspective on what the future really is becoming.
From what I've read, third parties are already finding loopholes or other means to acquire their own "piece" of your DNA. Taking these DNA tests from Ancestry or other similar companies might mean you're giving much more away than what you think, unless you're an expert at understanding the fine print of what they really have the rights to do and not just clicking I AGREE.
At some point, one begins to wonder if the only two choices when it comes to one's DNA (moving towards the future) is either to be completely safe on one end, and avoid DNA tests/donations that may already give out genetic (or any other personal information) out or.. cash in on it yourself before it's too late?
I'm finding out more and more that you have to capitalize on yourself, your content, and others, while contributing to/investing in the community at large, rather than getting used by Facebook/Google, thinking you're part of a community, but they're tossing your information around left and right to 3rd parties. As for the porn comment, I heard about this a month ago from a friend and thought at first it was a joke, but .. apparently Vice Industry is working on that and their tokens...
Moving forward we have to keep an eye out for other opportunities to capitalize on that we do daily.. at home sleeping studies? Maybe your Samsung smart fridge will offer you tokens to take stats of your contents? Who knows? I wouldn't be too surprised. I just hope we choose to be on the right side of "our" information.
This is exciting. And what makes it more exciting is that i am part of this community and I am a newbie at crypto. But it makes me a little scared with that almost unlimited potential. In time, Fiat money may just be less valuable, could it?
This is interesting, I just stumbled upon a similar blockchain company that sells your health and fitness data. The world is really changing and the tokenized world is upon us.
@taskmaster4450, I agree with main points in this blog post but hold a different view on the one below:
First, some might misconstrue this for permissiveness for child porn. We must never allow such ambuiguity. No matter how advanced the block chain technology gets, some things, like this one, must still remain outlawed.
Second, or perhaps, you made some typing errors. If yes, you might want to correct it.
Third, the block chain technology is set to change the world. The next decade would unleash perhaps the greatest electric waves we've ever seen across globe. It's a disruptive technology after all. One area we must also concentrate on is making the technology difficult for criminal manipulations like scams, unethical hacking, child pornography etc.
I'm not surprised to see this at all. Once they get this out I expect medical use cases will be coming along where you can get paid to have various vitals monitored - likely based on your genetic profile. The information will be used by research companies, and rather than paying a middle-man for the information you'll get paid directly - as it should be. An age of abundance for sure!
Not sure what you mean by that.
LOL That sounds like an episode of the Twilight Zone or something....Science fiction authors might have been right after all these years after all.
Seriously though, not sure if this is exciting or scary...Maybe a little of both...But it's technology and you really can't stop it.
The reality of blockchain has arrived. Can anyone predict what this will mean for humanity in the long run? Certainly incredible innovations in all fields but because blockchain will not, at least yet, change human nature the vast majority of people will remain as they now are: wondering what happened (if they wonder at all). A universal income will cast most of humanity into a dependency more evil than any drug. But then again most of humanity will be experiencing life through Virtual Reality and won't give a crap about much else. Those few who see beyond the matrix we weave for ourselves will....What? What will become of the few who refuse to engage in the illusion? I do not know. But I shall find myself in their camp whatever it might be.
Unless Elon Musk is right and this is all a simulation anyway.
So maybe it is all an illusion.