- The traditional business model of personal genomics companies sees individuals pay to sequence their genomes and receive analysis results, while the companies keep the genomic data and sell it to pharmaceutical companies. However, this model has limitations in addressing high sequencing costs for individuals, lack of individual control over their data, and lack of incentives.
- The proposed Nebula model uses blockchain technology to connect individuals directly with data buyers, eliminating personal genomics companies as middlemen. This is intended to reduce sequencing costs for individuals, give them control over their genomic data and how it is used, and provide incentives.
- The model aims to satisfy both individuals, by addressing the above issues, and data buyers' needs around data availability, acquisition, and