In recent era, advancement of research involves computational management of large-scale genomic and post-genomic datasets in an obvious way. Rapidly emerging field of bioinformatics, fueled by high-throughput technologies and genomic scale database, is believed to reshape our approach of research to a new level. Genomics has shifted the paradigm of biological perspectives exploring many scopes. Old initiatives paved the path for the newer and more advantageous one. The present review focuses on present initiatives that are implemented till now like the famous Human Genome Project and its influence on digital biology, as well as the projects that followed in its footsteps. Additionally, the authors delve into the future potential of personalized medicine and the use of genetic engineering methods like CRISPR/Cas9 in gene editing, which are thought to have the potential to revolutionize the current treatment strategy.