‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects

‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday ObjectsTalk of bitcoin passwords being encoded and stored in synthetic DNA is not new, but in a recent development scientists have announced that DNA-encoded information can now be stored in everyday objects such as eye glasses or a shirt button, instead of a vial or test tube. Also Read: Cryptosteel Capsule Will Keep Your Wallet […]

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Blockchain Technology is Having a Massive Impact on the Genomics Industry

TheMerkle DNA Data BlockchainAlthough blockchain has become almost synonymous with cryptocurrency, they are, in fact, very different. Cryptocurrency are digital assets, like Bitcoin, that serve as a medium of exchange to secure financial transactions. The past few years have been a very exciting time for many traders as fortunes were made and lost before one could blink. Blockchain technology, on the other hand, is changing the world in a very different way than cryptocurrency. Many companies in all sorts of different industries are attempting to integrate blockchain technology into their daily operations in an effort to radically transform their respective fields. One industry

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Bitcoin Cold Storage in DNA

Bitcoin Cold Storage Now Available in DNASavvy Bitcoiners know: whoever controls keys and passphrases, controls the coins. As cryptocurrency becomes part of everyday life and investment, enthusiasts are increasingly searching for unique, secure ways to store access to their digital assets. Enter Carverr, the startup claiming to keep passwords and keys in a microtube of deoxyribonucleic acid (DNA). It’s just so […]

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Indian State Government Plans to Store Residents’ DNA Data on a Blockchain

TheMerkle DNA Data BlockchainThe regulation of blockchain and cryptocurrency poses many issues. This is especially true in India, considering that the country’s government has been pondering such measures for some time now. Big was people’s surprise when one state government suddenly announced it would adopt blockchain technology for DNA sequencing. An Interesting Connection between Blockchain and DNA There are many ways to use blockchain technology in the real world. Not all of these use cases may appear evident at first, but the options shouldn’t be overlooked by any means. It is expected that up to 2 billion genomes will be sequenced by 2025. Storing all of that information in a safe,

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Carverr Wants to Embed Bitcoin Private Keys into Strands of DNA

TheMerkle DNA Bitcoin private keysCryptocurrency enthusiasts are always looking for ways to secure their holdings. While hardware wallets have begun to gain traction in recent years, it seems the next logical evolution may not require external hardware. A company called Carverr is looking into ways to store and back up Bitcoin wallet keys in one’s DNA. Using DNA To Keep Bitcoins Safe It is evident Bitcoin holders have plenty of threats to worry about. Anyone relying on software to keep their cryptocurrency wealth safe is at risk of being scammed, hacked, or robbed of their private keys through malware, ransomware, and so forth. The number of threats

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Scientist Deciphers Instructions to Claim Bitcoin In a DNA Sample

Scientist Deciphers Instructions to Claim Bitcoin In a DNA SampleThis week a Sander Wuyts, a Ph.D. student from the University of Antwerp (UAntwerp) and Vrije Universiteit Brussel (VUB) completed an extraordinary competition that involved bitcoin and DNA-related research. Wuyts was the first to decipher hidden messages in a tube of DNA in a scientific challenge where he won a single bitcoin for his accomplishment. […]

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