Encrypgen is a company making a blockchain-based peer-to-peer DNA data market place that was founded by David Koepsell and Vanessa Gonzalez Covarrubias in 1985. The company offers a blockchain-based network for sharing genetic data called the Gene-Chain, and also offers other DNA related products and services. The Gene-Chain empowers users to store and monetize their genetic data by sharing it with buyers looking to obtain genetic data such as research scientists and health related service providers. Encrypgen is partnered with Viazoi and Codigo46 to offer its users DNA test kits.
Gene-Chain miners are rewarded with DNA tokens, which are the medium of exchange on the Gene-Chain marketplace. DNA tokens are ERC-20 cryptocurrency tokens and are available for purchase on many cryptocurrency exchanges.
People purchasing DNA data using Encrypgen can create customized filters for searching through the company's DNA database and buy the DNA directly from the individual owners of the DNA data. All DNA purchased on the Encrypgen platform has been de-identified so the buyers, or other users, cannot identify people based on their genetic profiles. The DNA data offered on Encrypgen is not associated with real world identities.
On May 4, 2017 Encrypgen announced raising $500,000 in seed funding from undisclosed investors. At the time of raising the seed funding Encrypgen had a pre-money valuation of $1 million.
Vanessa Gonzalez Covarrubias
Encrypgen (DNA) Launches World's First Blockchain Genomic Data Marketplace
EncrypGen Partners With Incubator Murrieta Genomics
EncrypGen Uses Blockchain Technology to Store and Manage DNA Profiles
Encrypgen Uses Blockchain to Usher in New Era of Genetic Privacy
Startup Wants to Sell Your DNA for Cryptocurrency
What is EncrypGen - An Ultimate Guide on DNA crypto
Documentaries, videos and podcasts
Animation for Encrypgen
August 21, 2017
Control Your Genomic Data with EncrypGen
May 18, 2018
Genomic Blockchain Startup EncrypGen Makes History with World's First DNA Data Marketplace
November 5, 2018
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
- GenomicsThe study of genomes. A genome is the full set of genetic material from an organism. Genomics is an area of research that is concerned with all genes and other functional DNA elements within an organism and how they control the development and life of that organism.
- Nebula GenomicsNebula Genomics is a genetics company developing a platform for individuals to get their personal genome sequenced, and then enable them to store and control that information through cryptographic encryption on the blockchain.
- LunaDNALuna DNA is company providing a marketplace for genetic data using blockchain based data storage.