On the Design of Medical Data Ecosystem for Improving Healthcare Research and Commercial Incentive

Abstract

This paper outlines a visionary approach for building a distributed federated medical data lake and ecosystem with commercial incentive across hospitals and personal health data generated from wearable medical devices at home. This article creates the ownership enforcement guideline as the basis for building the blockchain based ecosystem platform by reviewing various aspects of studies of data ownership rights. This blockchain based platform can enforce the data ownership, patient privacy, and provide a controlled and secure access to the medical data. It can also perform owner centric medical data exchange and effectively aggregate various related medical data sets from various distributed data sets from various hospitals. Moreover, this blockchain platform unlocks the academic and business value of the medical data by modeling medical data as Non-Fungible Token (NFT) which can provide incentives for all data driven value chain entities to make a medical data ecosystem possible.