EncrypGen (DNA)

EncrypGen, also known by its ticker DNA, is a blockchain-based platform that aims to challenge the monopoly held by big testing companies over genomic data. These companies generate substantial revenue by selling individuals’ genetic information. EncrypGen’s Gene-Chain provides an alternative approach by allowing individuals to become sellers, giving them control and the opportunity to profit from their data.

To participate, individuals can upload their raw DNA data file and create a Gene-Chain profile. EncrypGen ensures privacy by de-identifying the data and removing sensitive information such as names and email addresses. Data buyers can then search for suitable profiles on the Gene-Chain and purchase de-identified genomic data using DNA tokens.

DNA tokens, an ERC-20-based cryptocurrency, can be obtained from various crypto exchanges worldwide. These tokens are used for purchasing genomic data and can be exchanged for Bitcoin, Ethereum, and other altcoins. EncrypGen’s vision is to create a marketplace within the Gene-Chain where individuals can buy DNA data and access other DNA products and health-related services.