GTA Foundation Chairman Mr.Henry Palaszczuk: GTA will tap into genetic technology blue ocean market valued at trillons of dollars

On September 22nd , GTA Gene Data Storage and Application Summit was grandly opened in Chaohu city of Anhui province. The event brought together celebrities, Nobel scientists, experts and scholars in the field of gene technology and data storage, sparking heated discussions on application of genetic big data and AI, gene data encryption and storage, human health and other relevant issues. The participators got together to envision the prospects of genetic technology and unveil the mysteries of life.

Mr. Henry Palaszczuk (Henry Baileqi), chairman of the GTA Foundation, made a speech on “Genetic Data Storage Leads the Change of Era”, in which he mentioned by leveraging the unique blockchain incentive mechanism, GTA encourages more individuals to participate in gene sequencing and storage. Adhering to the principles of collaboration, security, sharing, and authentic right, GTA rapidly integrates individual users, gene sequencing companies, medical, pharmaceutical, health services, and other data applications on one platform, as a result of which more individuals and businesses can get involved in the genetic data gold mine. These efforts will have a profound implication on exploring life mysteries, seeking complex truth of life, and advancing the development of biopharmaceuticals, precision medicine and genetic research. In this connection, GTA will become a world leader driving the development of genetic technology.

He pointed out personal genome-wide data can bring single application value to GTA, which will double with the increase of use number. As increasingly more individuals get involved in genetic data storage, GTA will enjoy a remarkable premium. Facing a huge market valued at 1 trillion dollars driven by human genetic technology, GTA has undoubtedly become a powerful lever to delve into this vast blue ocean market, in a bid to bring an unprecedented disruption.