Connect with us

Blockchain

EpigenCare, now Skintelli- blockchain-based skincare platform using Next Gen Sequencing

Published

on

EpigenCare is a blockchain-based personalized skincare platform with its own direct-to-consumer personal epigenomics test called SKINTELLI. The platform combines epigenetic testing with ingredient-based algorithms to screen for brands that are best suited for skincare tailored to your DNA.

The idea is part of a coming revolution in medicine commonly known as personalized medicine. The theme behind this is that there’s only so much you can learn about helping people on an individual basis using generic, one-size-fits-all-products. Instead, learning about individuals in order to help them on a one to one basis is starting to look like where the future is going.

You will never be able to help someone medically, whether its related to their skin or anything else with a generic product quite the way you can when the product is based on their particular genetic footprint, and this is the sort of idea that EpigenCare is focusing in on.

SKINTELLI is a first and foremost non-invasive. Simply put, it’s an at-home skincare test for samples that then processed via laboratory-based next-generation sequencing (NGS) technology. 

The test disseminates activation of multiple genes, or lack thereof, which are directly associated with the control over skin aging, healthiness, and appearance a.k.a. beauty. The results? According to Epigencare,

…precision results which include information on your skin’s age, firmness and elasticity, moisture, DNA damage and repairability, cell renewal and regeneration capacity, oxidation/antioxidant capacity, sensitivity and inflammatory response, and pigmentation.

skintelli quick start
Source: Epigencare.com

Blockchain for identify management

Blockchain is leveraged to ensure ID security and data accuracy, providing “evidence-based reassurance” that privacy is secured. In short, each test is hashed once received, meaning any respondent can verify usage of personal data. Immutable ID verification provided by blockchain infrastructure enables the platform to match data garnered from SKINTELLI tests to commercial products.

skintelli
Source: epigencare.com

Skincare precision health market

There’s no doubt that there’s a huge amount of interest in skincare. Blockchain provides an ideal opportunity to personalize not only analysis but also treatment by allowing A.I. to process large sets of population health data in consumer-centrist, privacy first methods whilst still enabling complex trend analysis. Skincare is one of those things that is a huge interest for women wanting to look their best, but it’s also of significant interest to just about anyone.

After all, there are few situations where your appearance doesn’t factor into the equation in any way at all. Just about anyone can benefit from skincare for this reason. And even beyond just basic appearance options, your skin is the body’s largest organ, meaning skin health tends to have a significant effect on other aspects of health. Genetic skin conditions need specific help as a matter of course, but skincare is also very much affected by your physical surroundings and mental wellbeing. Insight from blockchain-based skincare research cuts right to the chase with NGS, clearly demonstrating how blockchain technology can further the reach of how scientific methods can be tested en mass without sacrificing validity or security.

EpigenCare recently won Johnson and Johnson’s Innovation Quickfire Challenge (JLABS) for digital beauty.

Team

William Lee – CEO

Adam Weiwei Li – CSO

Jessica Li – CFO

Ashley Pottash – Business Strategy Lead

Stephen Fiser – Development Lead

Advisory Team

Richard Wildnauer, PH.D. – CEO at NeoStrata (Business)

James Wang, M.D. (Dermatology)

Brennan Bennett (Blockchain)

Rebecca Fry, PH.D. (Epigenetics)

Tim Bukher (Legal)

subscribe

Subscribe to stay up to date with the latest blockchain innovation in healthcare.

Source: https://blockchainhealthcarereview.com/epigencare-blockchain-based-skincare-platform-using-ngs/

Blockchain

Binance Might Delist Many Low-Volume Coins Soon, CZ Hints

Published

on

Binance is the world’s largest cryptocurrency exchange by means of daily trading volumes. In the few short years since its launch, the venue went on to become a leading company in the industry.

In fact, launching coins up for trade on the exchange has created the so-called “Binance Effect.” In short, when a cryptocurrency is selected and launched for trading on the platform, its price usually undergoes a substantial surge.

Now, the CEO of Binance, Changpeng Zhao, has hinted that it may start delisting low-volume coins.

Low-Volume Coins May Kiss Binance Goodbye

In an interesting Twitter thread, a popular cryptocurrency analyst and trader RookieXBT suggested delisting all coins on Binance that “do less than 10 BTC of daily volume.”

Expectedly or not, the CEO of the exchange engaged in the thread, providing a hint that they might consider doing so.

“I think it is a good idea. If you are on Binance and still have no volume, then…” – Said CZ, perhaps hinting that there’s something inherently wrong with coins listed on Binance and failing to generate big daily volume.

Naturally, there are two sides to this debate. Some users think that the merits of a coin shouldn’t be valued based on the volumes it generates on cryptocurrency exchanges. People argue that they hold a coin for the long-term and don’t really care about the daily volume.

This is most definitely true. The inherent merits of a cryptocurrency are most definitely not associated with it being listed on a certain exchange, be it Binance. So, a logical question pops – why would someone care if the coin is listed or not, presuming they are “in it for the technology”? And this is where things take a twist.

The Other Side of the Story

At this point, it becomes rather clear that this particular narrative doesn’t stand on solid ground because people are obviously concerned about the price, perhaps even more so than the technology itself.

If an investor is holding a cryptocurrency for the long run, it being listed on Binance shouldn’t make a difference. But that’s usually not the case – people are rarely “in it for the technology” despite what they might claim.

The main concern is that if Binance decides to delist low-volume cryptocurrencies en-masse, this might cause a larger upset in the market because of the “Binance Effect.”

As we mentioned before, when a cryptocurrency is listed on Binance, it usually goes through a substantial increase. However, the opposite is also true. Last year, the exchange delisted Bitcoin SV, and it tanked more than 10% on the news. That’s just one example.

In any case, there’s no formal confirmation, and it remains interesting to see whether the exchange will really start delisting coins based on low volumes.

Featured image courtesy of Medium

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).


Source: https://cryptopotato.com/binance-might-delist-many-low-volume-coins-soon-cz-hints/

Continue Reading

Blockchain

Fidelity’s Crypto Subsidiary Targets Asian Investors To Buy Bitcoin

Published

on

  • Fidelity Digital Asset Services (FDAS) has partnered with Stack Funds to enable Asian investors to purchase and store cryptocurrency assets more freely and securely. 
  • Based in Singapore, Stack Funds is a regulated fund manager focusing on Bitcoin and other digital assets.
  • According to the Bloomberg report, Stack Funds will make Fidelity’s secure custody services available to its clients, primarily based in Asia. The company outlined that the Asian market has been continuously growing in demand towards the cryptocurrency industry, especially from high-net-worth investors and family offices.
  • Stack further explained that all assets under its management will be audited monthly. The firm will provide insurance coverage, weekly contributions, and redemptions to enhance capital security.  
  • Stack’s co-founder, Michael Collett, said that Fidelity’s involvement will enable its company to attract even more investors from the region. 
  • On the other hand, Christopher Tyrer, head of Fidelity Digital Assets Europe, believes that “there’s a critical need for platforms which have a deep understanding of what local and regional investors are looking for.” However, he admitted that the digital asset space has “historically lacked” such platforms. 
  • After its success in the US, Fidelity Digital Assets expanded its cryptocurrency services to Europe last year. The company aims at entering the Asian market as well now with the Stack Funds partnership. 
SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).


Source: https://cryptopotato.com/fidelitys-crypto-subsidiary-targets-asian-investors-to-buy-bitcoin/

Continue Reading

Blockchain

Hacked? Crypto Lending Platform Cred Suspends Deposits And Withdrawals While Cooperating With Authorities

Published

on

The popular cryptocurrency lending service Cred has announced that it has temporarily suspended all funds inflows and outflows. Without disclosing many details, the platform said it’s cooperating with law enforcement authorities to investigate an incident.

Cred Suspends Deposits And Withdrawals

The United States-based crypto lending platform, which recently announced joining Visa’s fast track program, updated its customers on Twitter regarding the latest troubling developments with a brief message.

“Unfortunately, we are unable to comment further at this time, but we will undertake to provide an update within the next two weeks. During this period, all inflows and outflows of funds will be suspended.” – read the statement.

Staying true to its fashion, the cryptocurrency community lashed out at Cred and its lack of details about what’s going on. This reaction prompted the lending protocol to comment once again. Firstly, Cred apologized for the concerns and inconveniences it has caused while it’s assessing the “business impact connected with a recent fraudulent incident.”

Furthermore, the post explained that Cred is currently cooperating with law enforcement authorities. However, it provided some reassurances claiming that “no client personal data or account information was compromised.”

It’s worth noting that Cred’s website reads that the platform works with “trusted security and insurance providers Fireblocks and Lockton to ensure that our customers’ digital assets have enterprise-grade security.” Nevertheless, several community members have questioned the state of their holdings on the platform, as they weren’t satisfied with Cred’s brief updates.

A Dissolved Partnership Saw This Coming?

Although it’s still unconfirmed if the so-called “incident” is indeed a hack, it seems that the issues have been transpiring for a while now. Days before Cred suspended deposits and withdrawals, one of its partners ended its relationship with the lending protocol.

The cryptocurrency wallet and trading platform, Uphold, announced on Sunday that users could no longer link their Uphold wallets to the third-party crypto lending provider Cred.

At the time of this writing, neither Uphold nor Cred have disclosed why their partnership agreement ended.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).


Source: https://cryptopotato.com/hacked-crypto-lending-platform-cred-suspends-deposits-and-withdrawals-while-cooperating-with-authorities/

Continue Reading

Trending