With the support of the HGET Gene Ecology Foundation, Human Genetic Ecology Token (HGET) has announced its establishment on the 17th September 2019 in Singapore, which means the official launching of the HGET ecology globally.
Based on the application value of the gene big data and the gene sequencing industry, as well as the development trend of the derivatives, the use of decentralized storage, consensus mechanism, trace-ability, data can’t be tampered with, smart contracts and other technical characteristics of blockchain, combined with artificial intelligence for simulation, extension and scalability of the system function optimization. HGET brings more energy-saved, safe and efficient service and experience, for the safe storage of genetic data applications, data circulation, security use, industry certification, value pricing, transaction services and etc. At the same time, using the gene big data to achieve accurate medical treatment, safe medication, children’s talent cultivation, stem cells utilization for medical beauty and drugs, HGET enables all users with health need converting to consumers and thus open the eco-interface.
HGET is committed to create a medical health service platform which is based on decentralized gene sequencing ecology, breaking the traditional service model centered on medical institutions, and establishing a data sharing network using the blockchain technology, so that everyone can access global high-quality genetic data, medical resources and services.
With absolute reliability, scalability and security, the HGET platform provides multiple types of technical methods for applications to access easily to medical health data and services on the platform, which also will attract more gene data organizations, medical institutions, patients, and third-party organizations to join the HGET health care ecosystem.
The HGET ecosystem contains two very important ecological parts – the data market and the application market. In the data market, data contributors can authorize their own data for others use, commercially or privately; data users can purchase the data they need, and collaborate with vendors and developers, so analytical researches and application development can be carried out, and then the developed DAPP and services will be released in the application market to the other participants of the ecology.
To ensure the effective operation of the HGET token, any activity in the HGET ecosystem needs a HGET token to be functioned correctly. The HGET token is issued by the blockchain management organization, and the users can participate in the pre-sale of the products on the platform. For individuals, the token can be used to purchase a personal credit report or to purchase a real-time detection service provided by the bionic AI; for the demand side of the gene data, the token can be used to directly purchase the API interface to the platform and any genetic data on the platform.
HGET is an asset that can be used to invest on the platform, but also for the redemption with other digital currencies on other cryptoexchanges.
The HGET token follows the ERC20 standard, with native liquidity based on smart contract. Which means that the users do not have to register onto traditional cryptoexchanges to trade, but can use the characteristic of its decentralization to realize trades, which is caused by the flexible charging method of the smart contract.