The Future Of Genome (Shivom ICO Review)

in #ico6 years ago

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Blockchain technology is rapidly diversifying to different sectors of the world economy and as we can witness today, almost every sector of the economy is steadily finding blockchain use cases as related to their sector. Health sectors is not left out as we have seen many blockchain project that is health related.

Today I will review yet another health related blockchain project called Shivom which is a market place for genome data donors. Let's learn more about Shivom project.

What is Shivom?

Shivom wants to create the largest genomic data-hub on the blockchain where users can be able to donate their genomic data and have control over their data, they will decide what to do with their data. They could decide to share it freely or sell it to any organizations for any clinical research in exchange for OmiX token, this will help the research organizations to improve the healthcare delivery.

Unlike before research organizations are limited to small number of genomic data which have resulted into inconsistency in healthcare delivery this is because people respond differently to treatment but with Shivom platform research organizations will use it to gather large amount of genomic data they want to carry out clinical research.

Shivom platform will benefit everyone using the platfrom;

  • For research organizations : They can easily gather any amount genomic data they want and help them reduce cost
  • For genome data donors : They will earn OmiX token for sharing their genomic data to any research organizations.

OmiX token is utility token that will fuel Shivom platform, it will enable buying, trading, incentivizing and other services on the platform.

Why Invest In Shivom Project(Personal Evaluation)?

I will list four keys I normally look out for in any blockchain project before making my investment decision; they includes the product, the road map, the team and the token metrics. I will take them one by one.

The Product

Shivom already have a working prototype with the beta version of the platform set to be launch on Q2 2018. I also like project that already have a working project or MVP, this will prove to the investors that they can actually build the project, I am not a fan of projects that are idea on the white paper and they would want to rise millions of dollars. Shivom already have a product and you can sign up for their alpha trial. https://shivom.io/product.html.

The Road Map

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Shivom road map shows they started the project as far back as Q1 2017 and since then they have made a remarkable progress by achieving all their set goals on their road map until to Q1 2018. Next on their road map is the launching of their beta version of the platform which is slated to happen on Q2 2018. I will keep my eye on that and probably give another update on that but so far they are inline with their road map and this shows the team knows what they are doing.

The Team

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The CO-Founder & CEO Dr. Axel Schumacher is the winner in the team, he has over 20 years experience in the field of genomics this show they will delivery on the project because Dr. Axel already have solid expertise in the field of genomics also they have names like Per Lind Co-Founder & CSO, Henry Ines Chief Innovation Officer and Akash Gaurav Co Founder & CTO who are well experienced in blockchain technology. They have well experienced set of advisors who are well known in their various fields of expertise. Shivom have a complete and solid team that can handle the shivom project and lead to a success. Overly I am rating the team high.

Conclusion

I am rating Shivom project above average after going their white paper and team members ability and also I understood the problem they are trying to solve and how they want to use blockchain technology to solve the problem. In the future the project will make healthcare sector to be more efficient because many people will join the platform to donate their genomics data and earn some reward while the healthcare sector will have a huge amount of data to be able to carry out clinical research which will improve the sector in the run long.

Shivom have scheduled their ICO for the sale of their OmiX token you can participate and join in the upcoming token sale

Token Sale Information

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Learn More About Shivom:

White Paper
Visit Website
Ann Thread
Follow On Twitter
Like On Facebook
Join Telegram

Disclaimer:
This is not a financial advice I am just sharing my personal opinion on ICO's. Do your own research before getting into any ICO. Investing in ICO is risky and you could lose your money.

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great review. I am checking out the white paper now.. Thanks for the review.

Thanks for your comment. Due have a look at the white paper and do your due diligence...

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Great review, it's nice to see blockchain in health sector and I can't wait to see what they will do in the future.

Yeah blockchain is entering into many sectors and we will see more of that in the future. Thanks for your comment

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