20240029830. BLOCKCHAIN-BASED SYSTEMS AND METHODS FOR TRACKING GENETIC MATERIAL STORAGE simplified abstract (Eggschain, Inc.)
Contents
BLOCKCHAIN-BASED SYSTEMS AND METHODS FOR TRACKING GENETIC MATERIAL STORAGE
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Inventor(s)
BLOCKCHAIN-BASED SYSTEMS AND METHODS FOR TRACKING GENETIC MATERIAL STORAGE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240029830 titled 'BLOCKCHAIN-BASED SYSTEMS AND METHODS FOR TRACKING GENETIC MATERIAL STORAGE
Simplified Explanation
The patent application describes systems and methods for using blockchain-based technologies to track the provenance of genetic material. Immutable records of transactions associated with the genetic material are generated, creating an audit trail for the material.
- The patent application focuses on tracking the provenance of genetic material using blockchain technology.
- Immutable records of transactions associated with the genetic material are generated.
- These records can be used to create an audit trail for the genetic material.
- The technology utilizes blockchain-based technologies to ensure the integrity and transparency of the tracking process.
- The system provides a secure and reliable method for tracking the origin and movement of genetic material.
Potential Applications:
- Genetic research and studies can benefit from a transparent and traceable system for tracking the provenance of genetic material.
- The technology can be used in the agricultural industry to track the origin and movement of genetically modified crops or livestock.
- Pharmaceutical companies can utilize the system to ensure the authenticity and traceability of genetic material used in drug development.
- Conservation efforts can benefit from the ability to track the provenance of genetic material in endangered species.
Problems Solved:
- Lack of transparency and traceability in the tracking of genetic material.
- Difficulty in verifying the authenticity and origin of genetic material.
- Potential for fraud or misrepresentation in the genetic material supply chain.
- Inefficient and time-consuming processes for tracking the movement of genetic material.
Benefits:
- Increased transparency and traceability in the tracking of genetic material.
- Enhanced security and integrity of genetic material transactions.
- Improved efficiency and accuracy in tracking the movement of genetic material.
- Ability to verify the authenticity and origin of genetic material.
Original Abstract Submitted
systems and methods are provided for tracking the provenance of genetic material using blockchain-based technologies. immutable records of transactions associated with the genetic material are generated. these records can be utilized to create an audit trail for the genetic material.