Bitcoin-based tracking platform Eggschain collaborates with Boston IVF

Eggschain, a Bitcoin-based genetic data tracking system, announced the establishment of a partnership with the Boston IVF chain of 30 fertility clinics in the United States.

The new partnership will use the blockchain technology provided by Eggschain to help track cryopreserved sperm for IVF and other fertility and non-fertility treatments, as well as long-term storage of genetic data. An Eggschain spokesperson said:

“Using blockchain to track biological samples such as sperm and eggs can enhance the capabilities of individuals facing reproductive problems. This critical partnership increases confidence through the transparency and immutability of data.”

Founded in 1986, Boston IVF is a chain of fertility clinics specializing in IVF, genetic data storage and endocrinology. According to reports, these clinics have helped more than 100,000 babies born so far. The chain also graduated more than 30 reproductive endocrinologists through its recognized REI scholarship program.

David L. Stern, CEO of Boston IVF, stated that he hopes that integrating blockchain technology into the company’s operations will improve the customer experience “with unparalleled transparency and security.”

Eggschain in Austin is a Medical Technology Company Use Bitcoin-based blockchain to build supply chain solutions for the fertility industry Second stackIt operates a safe custody management system related to genomes, stem cells, DNA, RNA, organs, tissues, blood and IVF. Presumably, it reduces the time of the sperm selection process in global jurisdictions by registering data on its platform, protecting advanced patient data, preventing incorrect archiving of data, and increasing the transparency of overall operations.

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By cooperating with Boston IVF, Eggschain is entering the global IVF market valued at 21.89 billion U.S. dollars, which is predicted to reach nearly 34 billion U.S. dollars by 2028. Report Researched by Daguan.

The healthcare industry has benefited a lot from blockchain technology, such as Chain of healing and Aimedis It uses irreplaceable tokens to help patients store data and even provides encrypted rewards for adding to their personal data.