We are rapidly, and I mean very rapidly, moving towards a tokenized economy. For those who think that blockchain is going to take a while to develop, think again.
Over the next few years, people are going to be paid (in tokens) for a multitude of different things they do. At present, we can get paid to post, comment, and upvote, do web searches, listen to the radio, and share our computer memory. In the not too distant future, everything 14 year old boy will be paid to watch porn (so much for mowing lawns).
Now we see a company that is seeking to aid you in getting paid for your genetic information. That is right; research laboratories will rent out your genetic data. Actually, they already do this through organizations such as 23andme and AncestryDNA. The only difference, like with Google and Facebook, you are not the one to get paid.
Nebula Genomics is a company that seeks to use blockchain technology coupled with tokens to have people paid for renting out their genetic information. Basically, research companies would buy the Nebila token which will be used to gain access to said information. At the same time, individuals would use the tokens initially to get their DNA sequenced for their own personal use.
The goal is to have this system running within the next 6 months. Since the bulk of Nebula's revenues is going to come from companies, security is crucial. Of course, they also have to navigate the security plus privacy issue.
https://futurism.com/nebula-genomics-rent-genetic-information/
While there are still challenges with this particular program, this gives us insight into what the future holds.
How many of you are presently making money off your genetic information? Since I am going to guess very few, I think this could be considered a new revenue source for most.
As I read different aspect of the technological world, I am starting to see how quickly the blockchain idea is spreading. There are few uses that it cannot be applied. No matter what the industry, somebody is coming up with ways to implement it.
We are getting to the point where the potential is almost unlimited. Unlike many technologies, this is not a slow developing one. Real world applications are being designed on a daily basis. Ultimately, many of these will create a revenue stream for us as individuals.
Blockchain is 100 time more powerful and disruptive than the Internet was. This company is just another example of some possibilities that exist out there.
If you found this article informative, please give it an upvote and a resteem.
To receive the free basic income tokens you are entitled to and help end world wide poverty, please click the following:
In full disclosure this is a referral link
Pictures from Google Images