Crypto Heidi: Jochen Kumm @Healio: We Combine a Genomics Artificial Intelligence with the Blockchain

  • Saturday, 15 September 2018 16:49
My name is Jochen Kumm. And I am the founder of blockchain called Helio AI. And what we do is we combine a genomics artificial intelligence with the blockchain. And our mission is to get everybody accesses to the information, and there are the secrets that are hidden in their genome. And we make it easy and affordable for everybody. What's the pain point you guys are pain points. Usually, if you have a human do that you have to wait a long time, two or three months, it's really expensive. Usually, 15,000 to $25,000 for analysis and only rich people with good connections can do it. But we make it affordable, and we only charge $500. So the reason people do it is that they want to have a better life lead a healthier life, see the doctors early there anything to do with health and healthy aging is what we support. The last one is accuracy. Because when you look at the genome, you look at about 100 million different variants. And so humans can do that. That's where the AI comes in. And the blockchain is just a nice distribution mechanism. And, of course, also, you want to own and control your personal data. This is very personal data. It's your genome. So we're very happy that the blockchain makes that possible. Sure. How big is the market? In terms of we serve individuals and hospitals, that's about $10 billion in the United States. Every every year. We also entered the clinical trial market, and that's an $80 billion a year market. Okay, across all the major pharma Who are the people behind this projects? How many people are you and who is everyone? We have some developers consensus and consensual consensys social impact of backing it on the blockchain side, Pieter Cohen, from who built AWS, Amazon, he is one of our advisors, clouds linchpin and I used to be the CTO of the biggest biotech in the world. So he's giving us that input. And I am as former Stanford person, so we have a couple of very famous people from Stanford one Davis, who is the number one innovator in genomics as part of the so we have a really good team and that sort of solves problems for a living. what's the progress right now of the project. So we've been very lucky, we have several knows, several 10s of thousands of people joining the network in the next two months. And that's distributed around the world, but it's focused in Hong Kong and the United States, and we have an opportunity to start offering this in China, which will get us into the millions by 2020. So that's the go-to-market strategy? Right now we're doing b2b. So we work with the big clinics and the big insurance companies and where they're interested. But down the line, I mean, our goal is to go directly to the consumer. So you should be able to do this anytime you want to. And anywhere you want to. At this stage, are guys looking for funny or where are you now. We have found funding for all the key components. And so we're opening up the chain. Now, for pre-Ico funding. So we've been very lucky, and we're looking for investors, if we're looking for investors, we're looking for people who, who believe in our vision of making this like available to everybody. Okay, do you guys have competitors? One always has competitors, right? I mean, in this case, there is a company called Human Longevity that has started earlier than us, but they charge $25,000 a person. So a lot is going on in the field. They're blockchain companies such as Nebula, and out of Harvard, they don't offer the full range of services. So yes, we have competitors. Some of them are very good, and we respect them. But we are the only ones that combine so the whole package that something to the class tomorrow to you that you might want to see Sounds And we are very happy to welcome anybody into the community has more we can do but and that's for the future. We support a lot of communities. So if you have a rare disease or you want to support your family or other people with a similar disease, we make it easy for people to form those communities. Heidi Yu on Social Media: YOUTUBE- http://bit.ly/heidiyu INSTAGRAM- https://www.instagram.com/heidihanyu/ FACEBOOK- https://www.facebook.com/heidi.han.yu TWITTER- https://twitter.com/heidihanyu Support Heidi's startup: http://www.BOOSTO.io Support crypto community: http://www.cryptoinfluence.io

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