With the new partnership, Genetica is set to migrate 100,000 genomic data profiles to the Oasis Network.
Asia-based genomics firm Genetica and Web3 data management firm Oasis Labs have partnered to tokenize genomics profiles with the aim to enhance genomics-based precision medicine.
The partnership is also backed by Vietnamese government officials who are very supportive of Web3 technologies and data rights. According to Nguyen Chi Dung, who is from the Ministry of Planning and Investment in Vietnam, their officials are firm supporters of Web3 and blockchain and believe that it brings true benefits to society. Chi Dung explained that:
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