DNATIX: THE FUTURE OF GENETICS ECOSYSTEM WITH BLOCHCHAIN

uju4real (43)in #blockchain • 6 years ago (edited)

INTRODUCTION
We know the stuff called “DNA (Deoxyribonucleic acid) “ as a part of the cell that carries genetic information about characteristics like growth , development, reproduction and so on for almost all known living organisms. DNA is the basic building block of genetics that means you can know stuff about a generation of people with their DNA. These DNA has sequences which makes everyone’s DNA unique. The uniqueness is not so unique in the sense that 99% is the same in humans, just 1% is different. The process of determining the precise order of the sequence is called “DNA Sequencing”.
This process helps in know how to help people with similar DNA to live longer especially in the case where they are known to have genetic conditions. The process that seeks to relate DNA sequence is related to a genetic condition is called “Genetic Testing”. They cover diverse fields like Health (development of personalized medicine), Ancestry (like in paternity tests).
Genetic Testing has a market, a very large one which has the purpose of modifying selected genes and producing drugs and therapies for a particular genetic condition.
Traditional testing market involves the customer performing repeated “wet genetic tests” which means collection of saliva, blood, and stool), you have to go to the hospital to get the tests done and the scope is limited to mainly just medical testing.
With the new digital age, there are attempts to digitise these procedures for genetic testing and make life and access to these medical resources easier. This is what DNATIX aims to do with the help of blockchain technology.

DNAtix is a revolutionary blockchain-back Genetics company that intends to provide users with access to anonymous and encrypted genetic testing services including: analysis, storage and transfer of digitised DNA sequences through a Direct-to-consumer platform (D2C). It Is somewhat a genetics echange platform where users can get genetic tests done, upload it and get connected with the appropriate solution provider.

DNAtix Ecosystem
At the base of the DNAtix ecosystem is the DNAtixVM which operates on the DNAtix blockchain. This is where all transactions, interactions , apps, algorithms , applications no matter how complex relating to the DNAtix or Genetic testing are executed. The Virtual machine will be deployed by service providers like genetic labs, hospitals and so on to provide clients with a platform with a genetic services that are transparent , anonymous and secured on the blockchain.
Crypto-miners are also a part of the network, they devote their computing power to run the ecosystem and get rewarded. DNAtix also gives the developers the tools to create genetic distributed applications and sell it to genetic service providers.
By being on the blockchain just like the Ethereum, users are assured of security because there is no single point of failure in the sense that information is stored literally everywhere. So the susceptility to attack is greatly reduced and transactions can hardly be altered because everything is open.
The DNAtix Ecosystem is run on the DNAtix Token which is an Ethereum based token and is created on the standard ERC-20. The standard guarantees that the token works on the ETHEREUM blockchain with stability.
The Token ensures access to and usability of genetic services on the platform and is stored on the DNAtix wallet where users can upload and transfer genetic sequences and pay for different genetic services.

USE CASE
A very practical example of the efficiency of DNAtix is the case of a kid name Billy who has a genetic blood condition called Wiskott- Aldrich Syndrome but his current location does not grant him access to the medicine or the gene therapy he needs. All Billy’s parents needed to do is upload his genetic information to the DNAtix network and instantly billy was connected to an appropriate gene therapist who was ready to help at a very reduced price.

Token Sales Information:
Ticker: DNAtix
Stage: Ethereum
Standard: ERC20
Token Supply: 150 million
Delicate Cap: $1 million USD
Hard Cap: $30 million USD
Conversion scale: 1 DNAtix= $0.80 USD
Acknowledged: ETH, BTC
Countries Not Participating: China, Israel, USA

ROAD MAP

CONCLUSION
It can be seen that what DNAtix is trying to achieve here is quite simple but in an efficient elaborate way. Once you get your genetic information taken, it doesn’t matter where you are in the world, your genetic information is on hand. Thanks to the DNAtix API.