This interview is part of our new Blockchain In Healthcare series, where we interview the world's leading thought leaders on the front lines of the intersections between blockchain and healthcare.
In this interview we speak with Ofer Lidsky, Founder and CEO of DNAtix, to understand how his company is using blockchain to transform the healthcare business, and what the future of the industry holds.
1. What’s the story behind DNAtix? Why and how did you begin?
OL: Me and my partner in the genetics world, Dr. Tal Sines, have been operating in this field since 2007. By the end of 2014, we had developed a cloud based DNA analysis platform that could perform genetic tests on DNA sequences. One of the biggest obstacles was privacy and security. When blockchain technology matured, we understood it is the best fit to solve our biggest problems and we started developing the DNAtix Genetic Platform which is blockchain based. This leap allowed us to introduce a new and more secure way for consumers to operate in the genetics world freely by reducing the different risks in regards to privacy and security.
The future of direct-to-consumer genetics is where you own your DNA and not third party corporations.
2. Please describe your use case and how DNAtix uses blockchain:
OL: DNAtix incorporates blockchain technology in order to manifest different aspects of the technology into genetics and bringing immutability, security and anonymity. By using smart contracts for different genetic processes, we bring new possibilities such as monetization of genomic data and the highest security available today.
3. Could you share a specific customer/user that benefits from what you offer? What has your service done for them?
OL: The ability of the DNAtix platform to enable anonymous genetics for different types of genetic services and tests, lets people operate freely without being afraid of different consequences that could arise from the DNA being compromised.
When it comes to genetic tests, people want to stay private. They do not want to share the highly sensitive information that their DNA holds with anyone. And that is exactly what we are allowing users to do. People should be very concerned and picky when it comes to who will get genetic information about them.
4. What other blockchain healthcare use cases are you excited about?
OL: We at DNAtix think that the Electronic Health Record over the blockchain will become a big thing, but it will take a pretty long time to create a standard that will be used worldwide.
5. Where will DNAtix be in five years?
OL: In five years, DNAtix will become the leading Digital Genetics platform that will enable people to use genetics to improve their lives and will bring a new era of genetic research.