The healthcare sector has experienced plenty of advancement due to the advent of modern-day technology. Better treatment has been introduced to aid less suffering of patients, improved patient care, healthcare worker efficiency is evident, doctors are more efficient at their job and the internet has become a great source of medical information.The quest for improved medical care has led to the study of genomics.
Genomics is a branch of molecular biology concerned with the characteristics, functions, and structure of genomes. A Genome is an organism complete set of DNA, including its genes and it houses all the information required for proper functioning of the organism.The study of genomics can be applied in the creation of genomic medicine derived from analysis of the genetic information gathered from individuals. This genetic information gives useful insight about the risk of disease and can serve as a tool for screening health conditions and improving medical selections for individuals.Genomics also aid advancement in synthetic biology and help protect endangered species of organisms from extinction by analyzing their genetic information for means of improving survival rates.
With the massive wealth of information genomics provides for the healthcare sector, more and more companies are going into research work on genomic sequencing and it is expected that the cost of sequencing genomes will reduce drastically.This will lead to everyone having access to their genomic information. It becomes important to device a secured platform for patients to keep their genomic information secured, hold control of their data and whom they choose to share it with.
Introducing Shivom
Shivom is an eco-system that serve as a data hub for patients to sequence and store their genomic data, and as a marketplace where patients can put up their genomic information for sale to pharmaceutical companies and research institutes. Shivom uses blockchain technology to ensure the security of the sequenced genomic information, easy transfer of genomic information to other stakeholders in the shivom eco-system and deploy permission based smart contract on the blockchain to authorize access to genomic information.
Key Features of Shivom Eco-System
- Patient stratification: The Shivom eco-system provides pharmaceutical companies access to abundant genomic information which will help researchers identify the specific individuals their developed medications and drugs will be suitable for based on their genetic information.
- Drug development: Shivom ecosystem aims to partner with pharmaceutical companies and clinical research organizations to aid the quick and effective formulation of drugs through Shivom users data while creating a lucrative reward system for the users.
- Genomic counselor network: Shivom aims to create genetic counseling centers and laboratories to help carry out genetic testing in rural areas and also aid development of the information hub.
- Omix token: Omix token serves as the fuel of the Shivom ecosystem. It will be used to access genome database, make payments, carry out transactions and lastly access services on the shivom eco-sytem. Omix tokens are erc-20 standard, built on the ethereum blockchain with a maximum supply of 3 billion tokens.
Omix Token Allocation and Initial Coin offering(ICO) Details
The Shivom team has put up 990m Omix token for sale in the ICO. The pre-sale ends on 27th April 2018 6 pm GMT. The tokens can be purchased using BTC, Bitcoin Cash, ETH, LTC, DASH, Lisk, Monero, NEO, Qtum, Ripple, VERGE, Zcash, USD or EUR. The price of one omix token is 0.09 USD excluding bonuses associated with each round of the ICO. Funds gotten from the token sales will be used for setting up laboratories, platform development and operations, marketing, R & D, legal documentation, sequencing and data storage.
Conclusion
Shivom ecosystem is distinctive because it creates a secured platform for an emerging market in the healthcare sector which in the nearest future will provide a solution to unforeseen health conditions detected from sequencing genomes, make clinical trials more efficient and create a reward system for users who allow pharmaceutical and research organizations utilize their genomic information.Investing in Shivom by purchasing the Omix token will definitely be profitable because of its use case in the Shivom ecosystem.
For more information on the Shivom project check out the website https://shivom.io/ and the whitepaper https://shivom.io/files/Shivom-Executive-Summary.pdf
You can also check out the following channels for more information.
https://bitcointalk.org/index.php?topic=3204563.0
https://t.me/projshivom
https://twitter.com/projectshivom
https://www.facebook.com/ProjectShivom
Author's detail
Bitcointalk name: Mrsparks
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary