Navigation Links
HashCash Gets Into Precision Healthcare with New DNA Database Collaboration
Date:11/19/2019

HashCash Consultants is going to aid a major Pharma company with a Blockchain based platform for DNA sequencing, as part of a genome research initiative for precision drugs.

The collaboration is expected to streamline the process of sharing and recording of DNA data. It will ensure that patients and contributors have more control over their genome records and the way it is used. They are also in talks to introduce a token system for the data contributors for research of precision medicines.

Raj Chowdhury, CEO of HashCash Consultants commented to the media that, “The present structure has created a monopoly of data in a few hands, leading to unethical practices that needs to stop. The implementation of an open source, collaborative platform where publishers are in control of the data will accelerate the research and production of precision medicines, while keeping the process transparent.”

  • Blockchain for Genome Sequencing and Precision Medicine:

Precision drugs, also known as personalized drugs are a contrast to the “one size fits all” approach of traditional medicines. The medicine is produced after studying the genetic makeup of an individual to provide more precise treatment. Genome studies is also the key to advanced diagnosis of diseases like cancer, AIDS, etc.

The whole idea is to provide customized treatment and medication to the patient through extensive research of the genome and that’s why there is the need for a database; however, there are two primary issues with that.

First, the access to bulk load of genomic and other healthcare datasets to gather significant information. Second, the need for that data to be shareable and interoperable across geographic, jurisdictional, technological and professional boundaries.

HashCash aims at addressing both these issues and provide a comprehensive solution through the use of Blockchain technology.

  • HashCash’s Blockchain Approach for a DNA Database:

HashCash has proposed a Blockchain based platform via which the patients, health specialists, governments, researchers and providers of health technology can access the data and coordinate with each other for precision medicines.

The use of private key encryption will keep all data transactions secured creating an ecosystem of trust among the patients and contributors.

Healthcare and wellness providers will be able to access the data for advanced research. However, the private key security provided by HashCash will keep the control of the data in the hands of the contributors.

About HashCash Consultants:

HashCash is a global software company. HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing and more. HashCash runs US-based digital asset exchange, PayBito & digital asset payment processor, BillBitcoins. HashCash offers exchange and payment processor software solutions, ICO services and customized use cases. HashCash propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash offers solutions in AI, Big Data and IoT though its platforms, products & services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.

Read the full story at https://www.prweb.com/releases/hashcash_gets_into_precision_healthcare_with_new_dna_database_collaboration/prweb16730106.htm.


'/>"/>
Source: PRWeb
Copyright©2019 Vocus, Inc.
All rights reserved


Related medicine technology :

1. Using Precision Engineering to Streamline Manufacturing of Next-Generation Cellular Therapies
2. Next generation molecular medicine: unlocking big data for precision oncology and infectious disease.
3. Mount Sinai and AllerGenis, LLC Announce Partnership to Bring Novel, Precision Diagnostics to Food Allergy Patients
4. Precision Biomonitoring Launches TripleLockTM a Revolutionary DNA Survey Service To Improve Environmental Assessments
5. Surgical Theater to Exhibit Precision Virtual Reality Visualization Platform at Becker’s Heath IT + Revenue Cycle Conference
6. Dr. Brian Gengler, Spine Surgeon, Joins Precision Orthopedics & Sports Medicine
7. The St. Jude Crosson Cancer Institute Joins the Precision Oncology Alliance Powered by Caris Life Sciences
8. EpiVax Launches Precision Cancer Immunotherapy Venture, EpiVax Oncology
9. Imprimis Pharmaceuticals and Precision Lens Sign Agreement to Expand Imprimis Ophthalmic Portfolio Market Opportunity in the U.S. Midwest
10. NantOmics Acquires Genos To Bolster Its Precision Medicine Platform
11. Precision Image Analysis Announces New Vice President
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/27/2020)... ... March 27, 2020 , ... ... platform based on students' holistic portfolios, revealed that college-bound young adults are reconsidering ... is creating huge new barriers to high school senior’s path to college and ...
(Date:3/22/2020)... ... 2020 , ... Since 1988, Gwatney dealerships have strived to make car buying ... spread of COVID-19, Gwatney Mazda is pleased to announce two new services designed to ... community. , The dealership’s new Home Test Drives and Delivery service is a ...
(Date:3/20/2020)... ... March 20, 2020 , ... The economic fallout from ... Many of the most vulnerable community members are those that struggle to pay ... (Asset Limited, Income Constrained, Employed). Today, these ALICE households face an even more ...
Breaking Medicine Technology:
(Date:3/22/2020)... ... March 21, 2020 , ... TriageLogic, a leader ... medical organizations, and health centers can use for patient care during the COVID-19 ... medical professionals are working around the clock to implement emergency support solutions for ...
(Date:3/22/2020)... ... 2020 , ... In times of crisis, like the current ... The world’s focus is on practical matters - on self-isolation, social distancing, surviving, ... in chaos. However, it’s during these times that “self-awareness” is crucial, according to ...
(Date:3/20/2020)... ... 2020 , ... CommunityMed Urgent Care , based in Dallas, has rolled ... lets patients present online, complete registration paperwork (including the latest COVID screening) provide IDs ... get signaled that their clean exam room is ready. All of this is ...
(Date:3/20/2020)... ... 2020 , ... The Healthcare Compliance Symposium 2020 will bring ... discussion and learning online. Experts will provide helpful insight on a variety of ... boards, fraud, waste and abuse, and privacy and security laws while instructing and ...
(Date:3/19/2020)... ... March 19, 2020 , ... For weeks, SignatureCare Emergency Center has ... Earlier this week, it announced that while we are still short of some critical ... not wait for our preparedness measures to be complete. , The Houston, TX based ...
Breaking Medicine News(10 mins):