The link between Blockchain and stem cells is called Futura Stem Chain

03.May.2019 | Insights

It is called Futura Stem Chain and it will change the way companies imagine stem cells cryopreservation. By exploiting Blockchain technology, the entire process, from the signature of the contract to the certification of stored stem cells property, is safe, guaranteed and transparent.

«The project Futura Stem Chain was born within Futura Stem Cells to define all the stages of autologous stem cells preservation – said Pierangela Totta, Scientific Director of Futura Stem Cells -. By certifying the process, parents can easily show their doctors the quality of the cells or the bank where they are preserved».

Technically speaking, a set of D-APP (web application and services) will be made available to interact with a Smart Contract. It will provide all the steps and turn them into Blockchain-based transactions. The Blockchain will store data into Distributed Network Nodes to make the information safe and immutable thanks to the Ethereum technology on which it is based. After the cryoprotection has been issued, a Futura Token certifying the stem cells property is assigned. It will be distributed in the Ethereum main net in a Wallet that is allocated to the client.

If you are wondering what the main advantages of such system are, it is possible to summarise them in three points: first of all, the state of progress of the entire process can be monitored on computer or smartphone thanks to authentication and a unique security key; second, the certificates’ authenticity and inviolability are ensured by a Hash Code that is written on the Blockchain; finally, if the user needs the stem cells or wants to donate them, he or she will just have to redeem Tokens at the bank.