Shivom ICO : review

tommisetiyawan (-1)(1)in #shivom • 7 years ago (edited)

Technology is done is data processing, and in data processing that many elements - elements in it like where the data was placed, how the data was made, how the data is distributed and others.

As we know at this moment every data that we though it is centralized or just in store in a single computer that we usually call the server. Current system running has many shortcomings one of them is the data security becomes not maximal because the data is only located in one place where it makes our data can not validate the data. The other is the problem if there is a system failure from the server will make the network down if we do not have a backup then it is lost the data we have.

introduce to you the next project, which knows how important your personal data is and will take care of it, the project is "SHIVOM".

What is Shivom?

Shivom connects two revolutionary technologies: genomics and blockchain to provide a safe and secure platform for storing genetic data and improving health and well-being. Shivom gives users access to a global precision drug platform that allows to share anonymous genetic information that can ultimately help cure complex diseases.

Shivom creates a genomic ecosystem in blockchain. We will offer an open market for healthcare providers to add their applications and services, along with personalized genome and drug data analytics.

Problem

Genome sequencing had been previously expensive but costs are drastically reducing making sequencing more readily available.
With increase in donors there are issues around data ownership, data sharing and data integrity.
Genomic sequencing providers often sell genomic data for their own profit whilst donors aren’t compensated in any way.

Solution

Easy access at an affordable price for donors to have their genome sequenced and stored.
Blockchain addresses trust issues such as patient consent, unclear data ownership, data integrity, user authentication.
Enables complex data rights management and fine grained access using smart contracts.

Current State of Product

There is currently no product in existence. Shivom’s pitch deck shows the screenshot of a wallet which appears to be a white label product called Auxy built by Auxesis.

VISION

Accelerate the age of the genomics
Every one of the 7.6 billion people on earth has a unique code held in their genes that unlocks the secrets of appearance, ancestry, intellectual ability, health, and fitness. However, the ability of this code to uncover the disease's predisposition has been neglected.
Improve global health
Now is the time for community development for the "genome" challenge of the coming decade. Currently, some key players hold a monopoly on genome data and generate huge profits from selling it to third parties, usually without revenue sharing with data donors.
Jumpstart precision based drug genome
We change the dynamics of the global health care market. We utilize the most advanced technologies including blockchain, cloud computing, genome sequencing, artificial intelligence, and massive data analysis to bring the medical genome into a new era.
Ensure the next level of data privacy
We are at the forefront of data security. We use state-of-the-art cryptography to add an additional level of security to our platform that goes beyond blockchain technology for decentralization, protecting every user's data from cybercriminals.

** ICO funds distribution nominated as being: **

20% - platform development
11% - operations and business development
10% - non profit R&D
21% - partnerships and marketing
5% - legal
2% - proof of concept
6% - data storage
25% - laboratories

** Token **

The OmiX token enables buying, trading, incentivizing and other services. The token is the fuel of the Shivom ecosystem, as well as part of the governance of the system. Tokens offer the following: