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.
Standard Tokenization Protocol is a smart contract platform that allows issuers to create and issue token offerings in a regulatory compliant manner in a large number of jurisdictions around the globe. The protocol allows the integration of international regulations to enable compliant issuance of tokenized assets and cross-jurisdictional transfers of ownership. It also allows for issuer-specific parameters such as ownership concentration, holding periods, and voting. By issuing a permissioned ERC-20 token (STPT) on the Ethereum blockchain, Standard Tokenization Protocol ensures that: 1) regulatory and issuer-specific compliance requirements included in the smart contract are met at the token level, and 2) changes in the regulatory landscape can be captured and integrated. Standard Tokenization Protocol standard enables the tokenization of any type of asset in a globally compliant manner.