EMERGING ROLE OF NFTS IN HEALTHCARE AND PHARMACEUTICAL INDUSTRY

Abstract

Non-Fungible Tokens (NFTs) are unique digital assets built on blockchain technology that can represent ownership of data or digital items. Although widely associated with digital art and collectibles, NFTs are increasingly being explored for healthcare applications.[1] This review examines how NFTs could be used in managing health data, improving supply chains, enabling secure identities, and supporting emerging digital health services. While NFTs show promise in enhancing transparency, security, and patient control, their adoption is still limited due to technical, regulatory, and ethical challenges.[2]