DNATIX'S SOLUTION TO THE CHALLENGES IN THE CURRENT GENOMICS SYSTEMS
The only thing constant is change. Over the years technology has evolved tremendously, we see its applications in artificial intelligence (voice and face recognition, self-driving cars etc), blockchain technology etc.
At the same time, the health sector has evolved tremendously too, with platforms coming up with new technologies or techniques which will utilize;
a. Blockchain technology, owing to its outstanding features such as transparency, decentralized database (which ensure data security),
b. Genomics (DNA Sequence).
A proper understanding of these two features has the power to transform the health sector beyond imaginations.
A different project or platform with the right tools, knowledge and team aims to combine these features so as to bring tremendous change to the healthcare system. It is no other project than DNAtix.
WHAT IS DNATIX?
DNAtix is a platform with the aim of developing the largest genomic datahub and healthcare services in the world with the aid of blockchain technology. DNAtix aims to achieve this by utilizing two convergent technologies namely;
a. Blockchain technology,
b. Genomics.
These will lead to trust, transparency, open collaboration and integrity thereby giving patients the power over their genomic data.
DNATIX AND BLOCKCHAIN
Blockchain technology is very vital to this project as it ensures there is no segregation nor restrictions, thereby allowing people all over the world, including those from less developed regions, those with less developed healthcare systems, to have the opportunity to sequence their genome as well as saving it.
The blockchain is a sure bet for transparency, data security and privacy which is lacking in a centralized database, thus it's importance in DNAtix's platform.
In the healthcare system, blockchain technology is used to securely encrypt transactions so that only the parties involved can access it, and this is achieved through a private key. That is to say, a patient has the opportunity to encode, save or encrypt his/her genome with a private key, thereby granting only him access to it.
Features That Makes Blockchain Technology More Preferably Than Centralized Database.
- Data is secured and can not be manipulated.
- The blockchain is global, anyone in the world can access it no matter their location.
- The blockchain is decentralized thereby making it less prone to cyber attacks.
- A smart contract which ensures real-time transactions are carried out as fast as possible.
- There is optimum privacy etc.
PROBLEMS IN THE CURRENT HEALTHCARE SYSTEMS AND SOLUTIONS OFFERED BY DNATIX
CASE 1.
Problem: Issues with the saving of healthcare data.
Healthcare data being isolated, saved in different formats and database limits it's full utilization. With genomic data not being saved properly limits healthcare professionals from efficiently performing research and drug development.
Solution: DNAtix aims to solve this by creating a platform which will enable individuals and healthcare centres to share their genomic data thereby making it easily accessible for use in drug development, research etc which in the long run will reduce the cost of healthcare services.
CASE 2.
Problem: The current healthcare services have issues such as poor economy of scale, very costly and the available data is isolated. These data isolation leads to different categories of patients, alterations or variations in the genome database etc.
Solution: DNAtix believes that by sequencing the genome of patient with different diseases and from different locations will enhance clinical trials outcome, also by combining these sequenced genomes with available health records, researchers and clinicians will have the opportunity to access different results thereby knowing the causes of diseases as well as coming up with a cure.
CASE 3.
Problem: Centralized database is prone to issues such as cyber attacks, data breach and also at each point of failure, leads to data being unavailable.
Solution: DNAtix believes that with new technologies such as blockchain technology, patients data will be secured, there will be transparency, no data breach etc. The new technology (blockchain) will ensure trust owing to its outstanding feature of being easily accessible to anyone, easy and unique auditing feature, always available for stakeholders as well as users and at the same time allowing for easy modification (addition) of genome data.
CASE 4.
Problem: Lack of trust due to security issues associated with the current healthcare system, leads to patients being denied power over their private data. Lack of transparency and incentives being the order of the day leads to a patient not having the zeal to participate in research, study and development.
Solution: DNAtix believes that this issues will be solved in the following ways;
i. Implementation of new technologies, methods, business models and the right approach to drug discovery and disease solutions.
ii. Patients having power over their personal data etc.
DNATIX TOKEN
DNATIX token is an ERC20 token built on Ethereum blockchain. It is a utility token with the total supply of 150,000,000.
It is used to power DNAtix platform and also, all parties involved (individuals, companies etc) will use it as a form of payment for products and services which occurs within the platform, in addition to that, their identities are protected and secured.
CONCLUSION
By creating a blockchain based platform, DNAtix believes in its vision of creating a health care system which will be transparent, highly secured and auditable thereby delivering a high level of confidence to all system participants (donors, patients and stakeholders). With the aid of smart contracts, DNAtix will have the liberty of processing real-time transactions at the same time utilizing DNATIX to power its platform, with DNAtix being used for purchasing of products and services within the platform.
Drug discovery, efficient research and development will be made possible, as DNAtix will make isolated data easily accessible with the aid of blockchain technology.
TO KNOW MORE ABOUT DNATIX
Telegram Group: https://t.me/dnatix_tokensale
Facebook: https://www.facebook.com/dnatixgenetics/
Twitter: https://twitter.com/DNAtixGenetics
LinkedIn: https://www.linkedin.com/company/dnatix/
Website: https://www.dnatix.com/
Whitepaper: https://www.dnatix.com/download/White_Paper.pdf
Author's Bitcointalk Username: Flezy
Author's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2187485