Precision Medicine And NFTs

Precision Medicine And NFTs

Ellen Britt for CNT #NFT

We already mentioned that NFT blockchain technology will likely be widely used to enhance the security and privacy of an individual’s medical records. But another medical use is on the horizon…precision medicine.

So precisely (no pun intended!) what is precision medicine?

Before we get to that, it’s important to understand that tokenization in a different way from NFTs is becoming more common as a way to protect patients personal data. A tokenization company, such as Seqster, founded in 2016, can take information from personal data fields such as name, address, phone number, date of birth and so forth and incorporate that information into a set of unique tokens. The company can then use those tokens to identify each patient within its network.

Privacy, Privacy, Privacy

By doing this, a provider, a researcher, a payer or other organization can each have access to the patient’s data and keep track of that patient with a unique internal identifier, without revealing to another party in a transaction who the patient actually is.

Enter precision medicine. Modern healthcare is rapidly moving towards a disease treatment and prevention model that recognizes each individual’s unique genes, lifestyle and environment. This is precision medicine’s approach and companies embracing this aim to tokenize individuals’ genome.

Doing this and turning one’s genome into an NFT, would give patient’s ownership of their data and also confer rights, enabling the individual to benefit from his or her data contribution.

In Other NEWS


By Ellen Britt

Related Posts