FAUNUS Stands Out

There have been consistent efforts to incorporate blockchain, a promising future technology, in the domestic bio market. However, there have been many cases where attempts to recklessly promote technology-based projects, either by misjudging the market situation or without sufficiently considering legal issues, failed to produce proper results. Attempts to incorporate blockchain technology into the bio sector were inevitably slowed down as it was impossible to combine the bio industry and blockchain technology. We can point out that the significance of this patent registration is that it has established not only the collection and analysis of animal genetic data, which is one of the prerequisites for realizing customized welfare for companion animals, as well as the compensation payment system.

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