Revolutionary New Revenue Model Favors Consumers Who May Want to Sell Their DNA Data For Their Own Benefit

AUSTIN, Texas, Oct. 9, 2018 /PRNewswire/ -- Timicoin/TimiHealth (www.timicoin.io), the leader in genetic data ownership leveraging ultra-secure blockchain technology, continues to lead the charge to consumer ownership, control and most importantly the tokenization of every individual's digital asset, their DNA data.

Timicoin/TimiHealth is among the few, but growing number of companies that are helping shift away from the current business model that favors how giant technology companies gather and sell consumers personal data, whether it be search habits, purchasing history, social media interactions or DNA data. 

Emerging are some interesting consumer revenue-sharing models such as paying an individual with company shares which could have exciting potential for individuals or the one Timicoin/TimiHealth is pursuing, which is the exchange of a digital currency for a consumer's digital asset. Timicoins are earned when a consumer opts to sell their DNA data which can then be exchanged for goods, services or US Dollars. 

"Timicoin/TimiHealth's goal is to provide a revenue-sharing model with the consumer that includes total transparency on what the data is worth. Each individual is in complete control of the data and can make choices on whether or not to participate in the marketplace," said Will Lowe, Founder of Timicoin/TimiHealth as he described his company's mission. He went on to say, "As DNA is translated into a digital record that becomes a consumer's digital asset." 

"We are focused on helping every consumer gain ownership and control of the data, while being able to make choices around earning a passive income from it."

Joyce Lignell, Timicoin/TimiHealth's Advisory Board Chairman said, "Blockchain is the game-changing technology that will decentralize the marketplace that has benefited the large technology companies. We see this as a moment in time when technology has arrived to shift power and control back to where it should be, with every consumer. Timi makes it possible for you to be a part of the revenue-generating equation and that's what's important."

About Timicoin/TimiHealth: 
The Blockchain-as-a-Service Platform provides decentralized healthcare data which can be accessed instantly from anywhere in the world. Timicoin/TimiHealth (Timicoin.io) is a patent-pending solution to securing patient data, while providing unprecedented portability. The company is actively deploying pilot programs in the US, Mexico City and Monterrey, Mexico. 

Media Contact: Adrienne Mazzone 561-750-9800 x2270; [email protected]

SOURCE Timicoin/TimiHealth

Related Links

http://www.timicoin.io