Harvard professor George Church created Nebula Genomics, startup developing blockchain-based genome trading platform where individuals can sell data directly to buyers

Briefing

Harvard professor George Church created Nebula Genomics, startup developing blockchain-based genome trading platform where individuals can sell data directly to buyers

February 16, 2018

Briefing

  • Blockchain-Based Genome Trading – Harvard professor George Church launched Nebula Genomics, startup developing genome trading platform on blockchain, where individuals can sell genome data to buyers, such as biotech and pharmaceutical companies
  • Exchange Currency – Will use Nebula tokens for trading, which data buyers and individuals can acquire using fiat money
  • Platform Structure – Individuals can have genome sequenced at Nebula’s facilities for under $1,000, or through other sources, and join network, connecting them directly to prospective buyers, without need for middlemen
  • Protecting Information – Data owners’ identity will remain anonymous, while buyers will be required to disclose full identity
  • Encouraging Genome Sequencing – Aims to encourage more people to have genome sequenced, by giving opportunity to profit from their data, as opposed to sequencing company owning and selling genome data
  • Availability – No specific date given, but company expects platform to launch before end-2018

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Healthcare/Health Sciences

Organization

Nebula Genomics

Source

Original Publication Date

February 7, 2018

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