Korea based DNA sequencing platform IPGS to empower users control over their genomic data and to monetize personal medical records.

MANILA, PH / ACCESSWIRE/ February 26, 2022 / CryptoSX announce the approval of the first non-security Digital Asset Token Offering by IPGS - a global genome sharing platform and a global sequencing alliance via a blockchain-based decentralized network to form an ecosystem where genomic data are protected and users can instantly access the data without the need to go through an intermediary service.

"IPGS is the first ICO approved for listing on CryptoSX by CEZA (Cagayan Economic Zone Authority), and one of the very few ICO that has a compliant legal structure and documentation," said Philip Tam, Founder and CEO of CryptoSX. "IPGS is at the bleeding edge of genomic data application, and we are proud to work with their team to realize their vision."

If the genomic data held by 7.7 billion people in the world are shared fairly and freely among all the genetics academia and medical institution, it will vigorously promote the development of new drugs and disease prevention, and ultimately lead us into a new way of life. To facilitate this process, IPGS will prioritize the design of the platform and advancements in technology to build the best genetic information sharing solution for the human being.

IPGS Ecosystem
Built upon the latest blockchain technology and combined with revolutionary interplanetary storage system, IPGS aims to create a futuristic sharing economy based on human genome data, where information can be circulated seamlessly and securely on the network. By adding a layer of token-based incentive system, IPGS promise that every DNA provider on the platform will be rewarded for agreeing to contribute their genome information for any medical or commercial project.

IPGS's DNA platform
https://whozwho.co.kr/

Global Sequencing Alliance
Accurate diagnosis, personalized treatment, disease prediction, and prevention using genome sequencing can not only improve the quality of life of individuals, but also contribute to more effective healthcare management and lower healthcare costs. To achieve this goal, the world must work together. Based on the IPGS InterPlanetary Storage system, every participant including DNA providers, medical institutions, research centers, and genetic experts, will be able to join the system without boundaries to create a shared genomic data platform that can be accessed globally.

IPGS Sequencing HQ was established in the UK, and signed MOUs to establish a partnership system with DTC specialized organizations distributed in Europe and around the world. By assigning a representative DTC institution to each continent (European Union, Africa, CIS, Central Asia, Southeast Asia, North and South America), IPGS ensures that the genome testing demand from all over the world can be fulfilled.