Human genomes contain information about a person: his physical characteristics, intellectual ability and health condition. Almost all of the people know the fact, but ironically have no idea about what it truly means for them or their future health condition. Thanks to Shivom, for being the first platform who realizes the big impact that genomic data will bring for healthcare solutions. Shivom will also be built an ecosystem where the data can be 100% useful for the genomic data owners.
Market Overview
A good project is not built over an uncertainty or a shallow consideration. It is planned based on the need of market and a good prospect in the future. That is exactly how the Shivom Platform starts its project.
According to Deloitte, the money which is spent by countries (include but not limited to emerging and lower-income countries) for global healthcare will reach $8.7 trillion by 2020. While the global genomics market itself will reach USD 22 billion by 2020. Such a fantastic number does not increase for no reason. The genomic data is worth the amount.
Why Genomics Data Is Important
Based on the market overview, Shivom wants to be the most secure platform on the planet which will provide the data needed for health care purposes. The main work of Shivom platform is “sequencing” the genomics data.
You may wonder about the usage of the genomic data and why such kind of data is important, right? Although the detail information on the whitepaper is much more well-explained, here is a brief discussion about how the genomics data will be used for the healthcare purposes.
It has been mentioned before that our genomes bear the information about everything including our health condition. The information inside the genomes enable the experts to identify a course of care for patients with a particular condition. It will also be a big help to prevent disease in healthy individuals. Besides, based on the information, the experts could predict the risk of potential diseases.
The genomic sequencing will also help the professionals in deciding the right treatment, including the choice of medication and dosage for particular patients. Another case is the use of genomic data to inform couples whether they have the risk to have children with certain inherited diseases. The information even can be used to predict the potential of cancer earlier.
Product and Services
The main goal of Shivom platform is offering a better healthcare for everyone on the planet, include all ethnic group and underprivileged. It offers storage and other healthcare services. It will also accurately analyze the genomic sequence data. While the existing similar service providers require for high costs, Shivom will only have a small transactional fee for each service. All services and products are affordable.
Token Information
The token which will be used within the Shivom platform called OmiX tokens.These tokens will be used to access the genomic database, and Shivom’s products or services. You could read the further information about ways to spend OmiX tokens as the users or organizations on its whitepaper under the title: Token Utility. Then, if you want to know about OmiX circulation, you could read the whitepaper on Token Circulation.
The Roadmap
In case you might need to ensure yourself about the business potential that Shivom platform has in the future, you could read the roadmap of this platform on its whitepaper. The roadmap contains information about the development of Shivom platform started from the conceptualization on 2017 until the plans by 2019. Several steps of development have been accomplished and the Shivom platform is ready to put the rest plans into real actions.
Links:
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Whitepaper
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Author:
Ashadiya_
ETH Address: 0xf6C481e9bf059DB0a38b876Ab893D11e31C338E3