How Can X Genomics Benefit Everyone?

X Genomics
X Genomics
Published in
3 min readJun 15, 2018

Recently, we received a message from an individual user of a well-known genome sequencing institution inquiring how individual users can benefit from the X Genomics project in addition to their token earnings resulting from uploading genetic data to the X Genomics blockchain. In regards to this question, please see below:

X Genomics uses blockchain technology to decentralize genomic data, allowing human genome data to be open and shared with the assurance of security and privacy. The ultimate goal of X Genomics is to build the world’s largest genetic data ecological chain & a global human genome data hub and tap into genetic big data to maximize the value of donors’ gene data.

To achieve this goal, X Genomics welcomes and encourages users, who have genome data, to upload their own genetic data to the X Genomics blockchain. Due to the application of decentralized and anonymous blockchain technology, users can be assured of data security and privacy. After uploading, users will be given X Genomics tokens. As the transaction volume of genetic data increases and the value of X Genomics becomes widely recognized, the value of these X Genomics tokens will also increase. This is the first source of benefits that users can receive from X Genomics.

The second source of donor revenue comes from the usage of X Genomics tokens. As X Genomics will integrate health, medical care, finance, and insurance services into one blockchain, the application scenarios of tokens will also be expanded. This will allow users to obtain various services from the token economic system by paying tokens (at a very favorable price), including gene sequencing, reinterpretation of genetic data, insurance services, medical examinations, wearable devices, and so on.

The third source of donor benefits comes from “personalization” services. After uploading genetic data to the X Genomics blockchain, users can enjoy more customized medical and health services. For example, due to the application of utilizing genomic-data- matched drugs, users can effectively avoid serious adverse drug reactions and wasting limited treatment time and expenses on ineffective drugs. And, with the growth of genetic data on X Genomics and the in-depth research of relevant fields, the improved value of the benefits in this sense will be extremely evident.

Finally, active users on X Genomics will have preferential rights to enjoy relevant gene services such as free cancer screening, personalized diets, gene matching, etc.

For more information on X Genomics:
Official Website: https://www.xgenomics.org
Join our Telegram: https://t.me/xgenomics
Follow us on Twitter: https://twitter.com/xgenomics
Like us on Facebook: https://facebook.com/xgenomics
Read more on Medium: https://medium.com/xgenomics

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