Phayronet ltd Phayronet combines for medical benefits nanotechnology capabilities together with the achievements of genetic engineering. It develops the future direction of biomedical engineering developments.... By: Phayronet Ltd … Continue reading →

Genecoin - a group of young US entrepreneurs are developing a DNA storage service that uses bitcoin technology to encrypt and store the data(Genecoin) A group of young entrepreneurs from the US is offering to take peoples' sequenced DNA, convert it into data, and then back it up using the cryptocurrency bitcoin to keep it safe for future genetic engineering and even cloning. It's the stuff of dystopian nightmare futures with clone armies marching around demanding bitcoin for your life. The Genecoinservice will offer users an easy-to-use DNA sampling kit which can be sent back to the startup through the mail. The firm will then perform the necessary DNA tests and then upload the genome data into a bitcoin storage network. The creators, based in the Pacific Northwest, say that using bitcoin blockchain technology as a storage tool has great potential for the future far beyond being merely a ledger for bitcoin transactions. "Bitcoin's core innovation is the idea of a blockchain, which is a decentralised ledger. Bitcoin isn't a currency rather it is a protocol for writing to a blockchain, and this opens the door to lots of disruptive software innovations," Genecoin's creators computer science graduates who currently want … Continue reading →