How Aimedis introduces new dimensions of security, convenience, and profitability of patients’ data

Overview

Managing healthcare data is one double-edged sword that could help enhance the healthcare service or cause a big headache to institutions. According to an American survey conducted in 2019, healthcare institutions consider digital systems the fourth most crucial step to comply with data privacy regulations and achieve successful data management.

First, healthcare data convenience.

Medical professionals and healthcare providers often take data from patients manually at different stages and settings in the current practices. Physicians ask patients about their medical history, allergies, and concurrent conditions. This data, in best cases, is only documented in the doctor’s office and could be recalled exclusively by the doctor. This process costs the patients’ time and effort to repeat the same reportings in different medical settings, making it time-consuming, inconvenient, dangerous. It does significantly cause errors based on inaccurate reporting.

Aimedis’ contribution in this area

We developed a highly secure blockchain-supported platform to help store patients’ data in one place where doctors can recall it at any stage of the treatment without the need to duplicate history recordings or additional unnecessary questionnaires.

Second, healthcare data security.

Medical data security is often challenged at two different phases — collection and storage. The most major challenges are data breaches and exploitation. The current medical data collection system lacks the traceability that ensures data could be traced to its credible source. Good traceability ensures that the medical data can’t be manipulated or changed. Other security measures the system lacks are the weak, insecure storage on computers that data could easily approach, exposing the patients’ data to exploitation, and using their data for purposes other than the medical service.

Aimedis contribution in this area

We developed the first medical and scientific NFTs marketplace to establish the world’s first medical data B2B market and help patients and data providers find a fair and secure way of mainstreaming and monetizing their medical data.

Third, healthcare data profitability.

In third-world countries, patients share their medical information with healthcare institutions and medical service providers without realizing what happens next. Institutions often use the patients’ data for research purposes without the patients’ consent, leaving patients with zero profitability of the data used or sold. This violation doesn’t only happen in developing countries. It bypasses patients to profit from their medical data to participate directly in medical trials, which is critical and in many aspects illegal. Because medical trials have an inevitable risk of side effects that comes with exposure to drugs in the early development phases, this kind of participation is not mainstream.

Aimedis contribution in this area

The medical and scientific NFT marketplace DataXChange will give B2B customers & patients fair profitability from their data generated while receiving medical services and staying completely anonymous. We allow patients to benefit from the usage of their medical data without directly participating in medical trials by granting them profits from the medical NFTs created by data providers using their data. This fair profitability allows an equitable profit distribution between large institutions and patients.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store