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EncrypGen Is Giving People Back Control Of Their Genetic Data

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When a hospital or healthcare facility collects genetic data from a patient, it’s subject to what’s called the Health Insurance Portability and Accountability Act, or HIPAA. Essentially, this severely restricts and limits the way that the healthcare providers that collected the data can use and share it, allowing individuals to retain a degree of privacy.

What many people don’t realize, however, is that with the rise of do-it-yourself DNA testing kits, this privacy is being seriously undermined.

Ancestry sold 1.5 million DNA test kits between Black Friday and Cyber Monday. When people submit their DNA to companies like Ancestry, they are agreeing to various terms and conditions that basically allow the company in question to share the data generated with whatever and whoever they want, and store it in ways that sometimes result in breaches like the one after Christmas that leaked data of 300,00 users ( https://www.komando.com/happening-now/435921/ancestry-com-suffers-big-data-leak-3 00000-user-credentials-exposed ). For these companies, your genomic data is regarded as a company asset, meaning that Ancestry is essentially claiming ownership of the genome of those 1.5 million users of its test kits.

That’s a big problem.

So how is this problem solved?

One company thinks it has the answer – EncrypGen.

EncrypGen is harnessing blockchain technology to return the ownership of genomic data to individuals and to empower you to control who and what gets access to your data no matter who provides your tests.

Blockchain technology is quickly becoming the gold standard ledger and database tool in practically every corner of the global industry. It’s being applied to things like cloud storage, manufacturing, education and more. EncrypGen, however, is the first company to take this technology and use it in genomics.

The company’s lead product is called Gene-Chain and it is intended to mediate the searching, storing, buying and selling of genomic data. For anyone that knows how a blockchain works, the concept will be relatively clear. For those new to this sort of technology, a blockchain is a secure ledger that allows for the recording, time stamping and – critically – encrypting of data of any type.

When data is added to a blockchain, it’s recorded in a block along with other data, which is then encrypted and hashed. The hash means that the data can’t be tampered with or altered once it’s secure on the chain. Nodes on the blockchain constantly verify new blocks and maintain the integrity of the ledger against hacking and tampering.

What EncrypGen has done with Gene-Chain, is take this concept and created a secure database (blockchain) of genetic data. Anybody can store their genetic data on the Gene-Chain securely and, once it’s in the database, can control access to the data they’ve created and stored. They can also be reimbursed for its use through the Gene-Chain’s native cryptocurrency, aptly named DNA.

For example, imagine a woman who has her genetic information stored on Gene-Chain wants to allow a physician to see the data and use it to diagnose a condition or as the basis of a treatment. All she has to do is use the EnrypGen application (which can be accessed on pretty much any internet connected device) to grant the physician access to the data she has stored.

Now imagine the same woman wants to sell her genetic data to a research laboratory that wants to aggregate it with the data of other individuals to inform the design of a new drug. She grants access to the laboratory and the latter pays her for the privilege. And the best part? Her data is anonymised so it cannot be traced back to her!

Never before have people been able to take control of and monetize their own genetic data in this way. In this regard, Gene-Chain really is a first-of-its-kind application of blockchain technology to genomic science.

And the exciting thing is that this technology is real and it’s here now. The company was founded back in December 2016, funded back in July in part by way of a very successful token sale and started co-selling DNA test kits ( with Codigo46) in December 2017. In Jan 2018, the MyGene-Chain customer portal opened for genetic data uploading.

And what’s next?

EncrypGen is set to launch Gene-Chain Lite in Spring 2018. This is essentially a pared-down iteration of its primary technology. The full version, Gene-Chain V1 for heavy users, will go live in April.

The bottom line is this: in a world where genetic data is being increasingly collected, shared and used by a whole host of different parties, individuals need a way to retain control of their own information.

EncrypGen, through Gene-Chain, is the first and only technology that allows them to do exactly that.

For more information, check out the company’s website.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Caroline Davis2010 via Flickr

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Trusted Crypto Tumbler To Protect Your Wealth

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Back when Bitcoin originally emerged, over 11 years ago at this point, cryptocurrency transactions were believed to be fully anonymous. This belief stuck around for years to come, but today, we know that, in most cases — this is no longer the truth.

Since the invention of blockchain explorers, it became possible to track every Bitcoin transaction, all the way back to the genesis block. This came as a part of blockchain transparency which promises to eliminate corruption, theft, and other such issues.

However, there is still a need for a certain level of privacy, as people like to keep their wealth to themselves, and not let everyone know how much money they have, or how much they sent for whatever purpose. This is why many are now using crypto tumblers, or mixers.

What do crypto mixers do?

As the name suggests, crypto mixers/tumblers mix up the coins in order to hide/disguise/make it difficult to discover where the coins came from. Things like the amounts, transactions, and wallet addresses to and from which the coins travel are fully traceable, which is why tumblers exist.

In a way, you could say that mixers can add an extra layer of privacy while using Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies. There are many Bitcoin mixers Continue Reading

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5 Best Places to Bet with Bitcoin

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It seems like BTC is always making headlines for one reason or another.

When the market points towards bullish behavior Bitcoin is all the rage. When there is so much long action (going on right now) and then the price plummets, BTC also dominates the headlines. The same goes for legislation and when any new crypto product or platform comes out. It’s always compared against BTC.

So with BTC fever in full swing, sportsbooks around the world have adopted digital currencies as one of their main forms of funding accounts and paying out winnings. And with sports betting legalized in states across the USA, both BTC and legal online gambling are in the limelight. 

But where are the best places to bet using BTC and other cryptos? Furthermore, why would you want to use BTC, LTC, or Ethereum in this manner?

The Why

The principal reason why you would want to use cryptocurrencies in your ‘sports investing’ ventures is speed, cost, security, and bonuses.

When you use cryptos like BTC (BTX) to move money in and out of your account. You bypass the standard centralized banking system which drastically improves on both the speed of the transaction and the cost of the transaction – this is especially true with payouts. 

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Bitplaza Inc Introducing Cryptocurrency to Retail

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Even though influential companies are not ready to validate cryptocurrencies as a stable form of money, Bitcoin is becoming a more frequently used currency daily. There is a rising number of companies that accept Bitcoin for the purchase of their products, validating it as a spendable currency around the globe.

Bitplaza Inc took the next step into technology and commerce, providing customers with a platform where they can spend Bitcoins for their needs through a mobile device. It opens the opportunity for companies and brands to list their products in exchange for Bitcoin, which will give more credibility to the coin.

What is Bitplaza?

Bitplaza is a shopping app that belongs to a retail company called Bitplaza Inc, located in Pennsylvania. The app is available on both Google Play and the Apple App Store. Bitplaza allows anyone globally to purchase brand new items with Bitcoin. The app has a wide variety of products to buy online, from electronic devices, video games, even groceries. The products that can be purchased from the app range from popular brands such as Sony, Starbucks, Adidas, Apple, and many more. The Bitplaza team is always adding new products to the shopping app, making more items available to be purchased with Bitcoin. The app covers a broad range of products for the different needs of the…

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