A consortium of biotech companies, medical engineers and leading research institutes has announced the creation of the Longevity Science Foundation to extend human lifespan. The foundation is a Swiss institution that plans to spend more than $1 billion over the next decade to find technology-based means to extend the human lifespan to 120 years.

The Longevity Science Foundation focuses on therapeutics, personalized medicine, AI and predictive diagnostics. These come from the fields of medicine and technology for healthy and long life. The foundation seeks to fund projects that will decisively extend people’s lifespans as quickly as possible.

Experts believe that by combining it with artificial intelligence, blockchain can unlock hundreds of terabytes of unstructured hospital data for further analysis. The blockchain project Aimedis has set itself comparable goals.