Eone Diagnomics Genome Center (EDGC), MyGenomeBox (MGB), Korea Blockchain Entrepreneurs Association (KOBEA) Group and Korea CIS Entrepreneur Association signed a memorandum of understanding to export blockchain-based bioeducation platforms to CIS nations.

By Lee Min-young

Eone Diagnomics Genome Center (EDGC), genome-based shared economy platform MyGenomeBox (MGB), Korea Blockchain Entrepreneurs Association (KOBEA) Group and Korea CIS Entrepreneur Association (KOCEA) signed an agreement on Friday to export blockchain-based bio-education platforms to Commonwealth of Independent States (CIS) nations.

Starting from Uzbekistan, the four companies ― EDGC, MGB, KOBEA Group, and the Korea CIS Entrepreneur Association ― will link to expand the blockchain-based bio-IT business to other CIS nations soon.

EDGC, the parent company of COVID-19 test kit maker Solgent, recently signed a contract to supply test kits to multiple countries including Canada, Japan and Ukraine. EDGC will use Friday's agreement as an opportunity to export its products based on DNA technology to CIS nations and carry out joint research with government bodies.

MyGenomeBox, an EDGC affiliate company, provides a shared economy platform based on global personal genome data and has completed developing blockchain technology that will soon be introduced in a 4.0 version. Through its new platform, MGB will seek to introduce to CIS countries a customized education program based on DNA analysis.

KOBEA Group is technical adviser to the government of Uzbekistan on the growth of the blockchain ecosystem there. In Dec. 2019, KOBEA Group was granted the first license to conduct crypto-exchanges activities issued by the Uzbek government's National Agency of Project Management (NAPM). KOBEA operates the Uzbekistan cryptocurrency exchange UZNEX.