The nascent longevity industry focuses on developing and implementing solutions and technologies to increase human lifespan — allowing people to live healthier longer lives.
Longevity is not yet a formal medical term, and aging is not considered a disease but rather a natural occurrence in all living things.
However, some biologists, researchers, and practicing physicians believe that this approach should be modified, and they are working to explore the mechanisms of aging in humans. They are creating age clocks by defining biomarkers for assessing biological age, researching the best lifestyle behaviors and natural supplements, and developing new drugs that may prevent us from aging.
Longevity has been on the minds of crypto leaders for quite some time, which is not surprising given the industry's pledge to enhance humanity through advancement. Indeed, the Longevity Investors Conference was arranged by Marc P. Bernegger and Tobias Reichmuth, who previously worked with the Crypto Finance Group.
When Cryptocurrency Meets Longevity?
Speakers on the "Crypto meets longevity" panel at the most recent Investors Conference in September 2022 mentioned that both sectors, crypto, and longevity are disruptive areas that challenge formed norms.
"Everyone in this room is a pioneer to some extent because we've come together in a phase that's similar to the internet, Bitcoin, and other exciting industries," said Bernegger, a founding partner at Maximon, an accelerator for longevity industries.
Aubrey de Grey, an English author and biomedical gerontologist stated that the mindsets of crypto and longevity innovators are very similar, with both feeling at ease working in an environment that is still unorthodox and needs to be advanced.
According to Ryan Pyle, a founding partner at Maine Investments, the industry reminded him of crypto in 2013 and that, while no one knows where the industry will be in five to ten years, the potential is very enticing.
Bernegger also stated that because the longevity industry is still in its early stages, it is currently a very appealing time for investors to enter and that, similar to Bitcoin back then, it is less about the price and more about the underlying technology and potential.
How Blockchain Can Be Used to Improve Longevity?
Bernegger is less optimistic about the application of blockchain technology itself, stating, "I think it's very difficult, then, to incorporate blockchain technology with some other exciting field like longevity. Personally, the greatest synergy is less in merging multiple technologies and more in the money.
Bernegger also addressed the compliance aspects of both industry sectors, stating that regulators may be a burden to studies and adoption because of their role to protect end customers and, to some extent, to protect the status quo.
The longevity sector is still in its early stages, with few blockchain-related use cases to date. However, knowing what types of problems have already been solved using blockchain technology allows some professionals to see possible applications.
Users can also earn money by sharing their data with businesses that use it for scientific research. As a result, frequent users are becoming part of the revenue chain.
This is an exciting topic in which the crypto community can discover investment and use cases, especially given its resemblance to blockchain's early days. Simultaneously, many established areas of blockchain adoption can be implemented in the longevity endeavor to fix some of its problems.
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