Scientists are constantly looking for ways to extend human life, and blockchain may be the missing piece of the puzzle. The Longevity Science Foundation, a Swiss foundation created by a group of biotech founders, clinicians, and leading longevity research institutions, aims to spend over $ 1 billion annually over the next 10 years to build technology-based Finding means to reach a human lifespan of 120 years.

The foundation aims to fund research, organizations and projects that use blockchain and other next-generation technologies to find new horizons in four key areas of the field, namely therapy, personalized learning in medicine, artificial intelligence (AI) and predictive diagnostics. The announcement states that such projects can significantly change people’s lives even over a five-year period.

The main goal of the team was to apply theoretical longevity concepts to real use. The aim of the organization is to convert scientific knowledge and technological advances into clinical treatments and solutions through donations.

“By identifying and funding the most innovative and promising advances, the Foundation seeks to address one of the most pressing problems in the science and applicability of the elixir of fundamental inequalities in medicine. Access to and understanding of longevity-oriented treatments,” the statement read.

The fund’s contributors, who can also donate in cryptocurrency, have the right to vote to decide which projects are funded. A foresight panel selects and evaluates potential candidates “for good technical ability and potential impact on human longevity”.

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Member of the mission department of the foundation is Dr. Alex Zhavoronkov, known for his work on longevity technologies. Zhavoronkov is also an advisor to the blockchain medical data marketplace Longenesis, which, in partnership with Bitfury Group, has launched a project to establish a blockchain-based consent management system for the healthcare industry.

Dr. Zhavoronkov said, “The Foundation has created a unique and transparent mechanism to promote early research around the world and ensure public participation in the decision-making process.

How technology can help health research, Garri Zmudze, managing partner of LongeVC, told Cointelegraph that blockchain combined with AI could unlock hundreds of terabytes of unstructured hospital data for analysis.