The gene source chain system will create the world's first distributed storage network public chain system that provides genetic data and individual health data. Health and medical providers, including chronic disease management agencies and health counseling providers, can use the Gene Source Chain System to create DApps. These applications will provide users with personalized and accurate health services based on genome and health data, subject to user consent. As a proof of concept, the Gene Source Chain Foundation will also support the creation of a gamified health DApp to help build the ecosystem.
'Developed by Luxcore, LUX (LUX Coin) is a hybrid cryptocurrency utilizing both proof-of-stake and proof-of-work algorithms to enhance blockchain security and decentralization. Luxcore's hybrid consensus model imploys masternodes to provide specialized functions and further secure the chain while providing additional rewards to coin holders. The LUX blockchain enables developers to utilize smart contracts and decentralized applications. Luxcore continues to develop products for the LUX blockchain including Luxgate (a truly trustless, peer to peer decentralized exchange) and Luxedge (a decentralized software development platform and repository). LUX was created in 2017 as a fork of the Bitcoin codebase, but it has grown to not only keep up with new technologies in the cryptocurrency space, but has aimed to introduce new innovations and services to the broader crypto community with cross-chain and decentralized solutions.'