Eggschain, Pioneering Chain of Custody Solution for Fertility Treatments and Other Biospecimens, Officially First Healthcare Biotech on Bitcoin Blockchain

Eggschain, Pioneering Chain of Custody Solution for Fertility Treatments and Other Biospecimens, Officially First Healthcare Biotech on Bitcoin Blockchain




Eggschain, Pioneering Chain of Custody Solution for Fertility Treatments and Other Biospecimens, Officially First Healthcare Biotech on Bitcoin Blockchain

Founder and CEO Makes History with First Eggs on the Blockchain

NFT Drop Celebrates Arrival of “Babies on the Blockchain”

AUSTIN, Texas–(BUSINESS WIRE)–Eggschain, the pioneering authority in blockchain-based digital chain of custody tracking of blood, genome, tissues, organs, DNA, RNA, sperm, eggs, embryos, and other biospecimens, is making history again.

On November 24th, 2021, Eggschain founder and CEO Wei Escala made history by storing her eggs on the blockchain, doing so through the platform she created. Working with Dr. Hugh Taylor, Chair of Obstetrics, Gynecology and Reproductive Sciences at Yale School of Medicine, his team of physicians and nurses, as well as the Eggschain team, Wei underwent egg retrieval on the 24th of November. She entered her data through the Eggschain platform and broadcasted to the blockchain, once Yale School of Medicine verified the accuracy of the data on the same day through the platform.

“This is an exciting milestone for the field of fertility preservation,” said Dr. Taylor. “A reliable and confidential tracking system will allow us to assure the safety and quality of frozen reproductive tissue. Eggschain enables greater transparency and security for patients and health professionals.”

Earlier this month, Eggschain successfully generated a bitcoin cryptographic block hash, becoming the first biotech healthcare company on the mainnet. The first patented supply chain system that combines blockchain and genetics to bring secure, transparent, and professional grade information and data to individuals undergoing IVF. Eggschain was developed on Stacks, a collection of independent entities, developers, and community members working to build a user-owned internet on Bitcoin.

Eggschain will mark these dual milestones with an NFT drop that celebrates the arrival of “Babies on the Blockchain.” The first NFT, Into the Light, shows the meeting of sperm and egg as a light projection on a dark sky, an evocative illustration of the art and science of IVF and the potential for future life. Eggschain will open a whitelist with 2,000 spots in early 2022, with approximately 2,500 to 10,000 NFTs to be released.

“Fertility treatment is emotionally and physically demanding, often creating stress and a sense of isolation along the way,” said Ms. Escala. “By sharing my Eggschain experience, I hope to begin to build a sense of community that help others undergoing fertility treatments feel less alone and more empowered. By delivering medical grade information in a secure and universally trackable format, Eggschain provides transparency and peace of mind, holding the potential to forever change that dynamic for the better.”

For further information about Eggschain, please visit https://eggschain.com/.

About Eggschain, INC.

Eggschain is a healthcare technology company and thought leader in the fertility, health tech, family-building and cryogenic preservation industries. Patent-granted and cloud-based, Eggschain is the first blockchain-integrated inventory management and chain of custody technology for tracking biospecimens, including sperm, eggs, embryos, genome, stem cell, tissues and organs, and other genetic material. In partnership with several of the world’s leading experts in reproductive biology, endocrinology and high complexity labs, Eggschain delivers medical grade information and data to individuals undergoing IVF in a secure, transparent and universally trackable format and also provides the means for clinics to monitor their inventory, either personal, such as oocytes and sperm, or lab-related, including equipment inventory and maintenance scheduling. At its core, Eggschain strives to enable better decision-making, preserving the hope of life and helping to advance humanity.

About Stacks

Secure smart contracts and apps for Bitcoin. The Stacks ecosystem is a collection of independent entities, developers, and community members working to build a user-owned internet on Bitcoin. The Stacks 2.0 blockchain extends the design of Bitcoin to enable secure apps and predictable Clarity smart contracts without modifying Bitcoin itself, opening innovation on the network for the first time. The Stacks cryptocurrency (STX) is used as fuel for networking activity and contract execution and can be locked by STX holders via ‘Stacking’ to earn Bitcoin (BTC) rewards for supporting blockchain consensus. Stacks cryptocurrency was distributed to the general public through the first-ever SEC qualified token offering in U.S. history.

Contacts

Shannon Jameson, shannon.jameson@wachsman.com