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Innovative Bioresearch Ltd is a privately held biotech company founded by Italian research scientist Jonathan Fior with the goal of bringing innovation to the field of HIV, cancer and regeneration research. The INNBC token was issued to support their biomedical research and to be used as a means of payment to access their medical products and services. As such, INNBC is the first token to decentralize biomedical research, from the funding aspect of the research, to data sharing, using blockchain technology to decentralize biomedical data. For achieving this goal, they developed a novel DApp that does allow to reconrd text, images, even audio and video on the blockchain.
What is Innovative Bioresearch Coin?
Innovative Bioresearch Coin (INNBC) is a cryptocurrency developed by Innovative Bioresearch Ltd, a biotechnology firm led by Dr. Jonathan Fior. This digital asset serves multiple purposes within the ecosystem created by the company. Primarily, it functions as a utility token, facilitating transactions related to the company's pharmaceutical offerings and services. This includes access to their research findings and products in the fields of HIV, cancer, and regenerative medicine.
Launched in 2018, INNBC stands out for its role in the tokenization of scientific research. By leveraging blockchain technology, the project aims to revolutionize the pharmaceutical research sector. It introduces a decentralized approach to funding, data sharing, and accessing biomedical research. This is particularly significant in promoting transparency and efficiency in scientific discoveries and their applications.
The project has also developed a decentralized application (DApp) that supports the recording of various types of data, including text, images, audio, and video, on the blockchain. This feature is pivotal for ensuring the integrity and accessibility of scientific data, facilitating collaboration among researchers, and enhancing the reproducibility of results.
Investing in cryptocurrencies, including INNBC, requires careful consideration and research. Potential investors should thoroughly assess the project's objectives, technology, and market position to make informed decisions.
How is Innovative Bioresearch Coin secured?
Innovative Bioresearch Coin (INNBC) employs a multifaceted approach to ensure the security of its network and transactions. At its core, INNBC leverages blockchain technology, a decentralized ledger that records all transactions across a network of computers. This decentralization means that no single entity has control over the entire network, significantly reducing the risk of fraud and hacking.
To enhance security for users, INNBC incorporates a multi-safe design. This design likely involves multiple layers of security protocols to safeguard transactions and wallet access, including the implementation of a 6-digit PIN code. This PIN code acts as a personal security measure, ensuring that only the wallet owner can access and authorize transactions.
For those seeking an additional layer of security, INNBC supports integration with certain hardware wallets. Hardware wallets are physical devices that store users' private keys offline, providing an extra security layer against online threats such as hacking or phishing. By storing private keys in a hardware wallet, users can protect their assets even if their computer or smartphone is compromised.
Innovative Bioresearch Ltd, the company behind INNBC, is a biotech firm focused on HIV, cancer, and regeneration research. The issuance of the INNBC token is aimed at decentralizing the funding and data sharing aspects of biomedical research. By utilizing blockchain technology, INNBC not only secures financial transactions but also facilitates the decentralized sharing of biomedical data. This approach allows for greater transparency, security, and efficiency in the research process.
The development of a novel decentralized application (DApp) by Innovative Bioresearch further underscores the project's commitment to leveraging blockchain for secure and decentralized data sharing. This DApp enables the recording of text, images, and even audio and video on the blockchain, ensuring that research data is securely stored and accessible.
It's important for potential investors and users to conduct thorough research and consider the inherent risks before engaging with any cryptocurrency, including INNBC.
How will Innovative Bioresearch Coin be used?
Innovative Bioresearch Coin (INNBC) serves as a pivotal element within the ecosystem of Innovative Bioresearch Ltd, a biotech entity focused on pioneering research in HIV, cancer, and regeneration. The coin is designed to facilitate various transactions within this ecosystem, primarily acting as a payment method for accessing pharmaceutical products and services offered by the company. This includes a wide range of biomedical products and services that are the result of the company's research efforts.
Beyond its role as a transactional currency, INNBC is integral to the funding mechanism for ongoing and future biomedical research projects undertaken by Innovative Bioresearch Ltd. The coin underpins a novel approach to financing these endeavors, leveraging the decentralized nature of blockchain technology. This not only includes the direct funding of research activities but also extends to supporting the development and maintenance of decentralized software tools that are crucial for the research process.
The introduction of INNBC marks a significant step towards decentralizing biomedical research. By utilizing blockchain technology, Innovative Bioresearch Ltd aims to revolutionize how biomedical data is shared and managed. This includes the creation of a decentralized application (DApp) that enables the recording and sharing of text, images, and even audio and video data on the blockchain. This approach ensures that valuable research data remains secure, transparent, and easily accessible, which is essential for fostering collaboration and innovation in the field.
It's important to note that the potential use and value of INNBC are contingent upon the success of Innovative Bioresearch Ltd's research initiatives and the overall development of the cryptocurrency market. As with any investment in cryptocurrencies, it's advisable to conduct thorough research and monitor the progress of INNBC and the company's projects to gain a better understanding of their potential impact and value.
What key events have there been for Innovative Bioresearch Coin?
Innovative Bioresearch Coin (INNBC) has marked several significant milestones since its inception, reflecting its journey in the intersection of biotechnology and blockchain technology. Launched by Innovative Bioresearch Ltd, a biotech firm focused on pioneering research in HIV, cancer, and regeneration, INNBC plays a crucial role in supporting this mission. The company, founded by Jonathan Fior in 2014, aims to leverage blockchain to revolutionize the pharmaceutical industry, particularly in how biomedical research is funded and how data is shared across the sector.
A key event in the timeline of INNBC was its issuance in 2018, which marked the cryptocurrency's entry into the market. This move was not just about creating another digital currency; it was about establishing a means to facilitate access to medical products and services developed through the company's research. The token's launch was a step towards decentralizing biomedical research, offering a novel approach to funding and data sharing in the field.
Further emphasizing its commitment to innovation, Innovative Bioresearch Ltd has developed a decentralized application (DApp) that allows for the recording of text, images, and even audio and video on the blockchain. This development is significant as it showcases the potential of blockchain technology beyond financial transactions, extending into the realm of secure and immutable data storage for scientific research.
Moreover, the company has been actively involved in groundbreaking research, including a pilot study on HIV treatment led by Fior. This research underpins the broader vision of using INNBC tokens to support cell-based AIDS cure research, highlighting the token's role in facilitating critical scientific advancements.
An upcoming token sale aimed at supporting their AIDS cure research represents another pivotal moment for INNBC. This event not only seeks to raise funds for vital research but also demonstrates the potential of cryptocurrency in mobilizing resources for significant health challenges.
In summary, Innovative Bioresearch Coin has experienced several key events since its launch, from the issuance of the token and the development of a DApp to groundbreaking research efforts and an upcoming token sale. These milestones underscore the project's innovative approach to integrating blockchain technology with biomedical research, aiming to transform how medical advancements are funded and data is shared in the industry.
The live Innovative Bioresearch Coin price today is $1.00e-8 USD with a 24-hour trading volume of not available. We update our INNBC to USD price in real-time. Innovative Bioresearch Coin is up 0.00% in the last 24 hours. The current CoinMarketCap ranking is #2686, with a live market cap of $12,301.02 USD. It has a circulating supply of 1,229,840,000,000 INNBC coins and the max. supply is not available.