Blockchain and Medicine
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The state of blockchain-based systems and the intersection with medical technologies, patient data, and pharma.
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Blockchain and Medicine
- 3. Blockchain
- 6. Paradigm Shift Application Layer Protocol Layer Application Layer Protocol Layer ValueTransfer 2000 | 2010 | 2020 | 2030
- 7. Infrastructure Finance Trading&Investing Communications Payments Data Storage Drugs&Healthcare Gaming&VR Gambling&Betting Commerce&Advertising Data All other* Machine Learning Social Network Privacy & Security Art&Music Identity&Reputation Legal Energy&Utilities Events&Entertainme nt Real Esatte Education Mining * ICO Sector Allocations 2017-YTD $348MM
- 8. Ask your doctor about … Users (and patients) as products
- 9. Identity Protocols General Data Protection Regulation (GDPR) California Consumer Privacy Act Asset Transfer Requirements
- 10. Authenticated Credentials Blockchain-based records for academic credentials Time-stamped certifications Time and cost effective Privacy Compliant
- 12. Traceability The 2018 forecast revenue for the top ten global pharmaceutical companies is $355 billion. The saleable returns market at 2–3% of total sales is 7–10 billion.
- 13. Smart Contracts
- 15. Layer2
- 16. Oracles
- 18. Sharing Economy ./. Peer-to-Peer
- 20. D A O Decentralized Autonomous Organizations Owners Investors Patients Employees Suppliers Partners
- 21. Blockchains Eating the World •Stocks •Bonds Securitized Assets •People •Organizations •AI Identity •Energy •Oil •Crops Commodities •Art •Collectibles Non-Fungible Derivatives •Fiat Money •Music •Film Digitally Native Assets •Bitcoin •Non-Fungible Tokens Blockchain Native Assets
- 22. Questions?
- 24. State of Money
- 25. COW Problem Sorry, I have nothing smaller!
- 26. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. Satoshi Nakamoto Bitcoin - Whitepaper
Editor's Notes
- 1996 Dr. Brent Townshend invented the 56K dial-up modem Shortly after that lots of ‘Internet Companies’ started to appear – if you had a website you called yourself an Internet Company 1998 ISP
- Time-stamped records ..
- Time-stamped records ..
- ‘ FAT Protocol’ term created by Joel Monegro, Union Square Ventures Blog, August 2016
- ICO Total 2017: $6.5b+ 2018: $20b+ Drug & Healthcare 2017: $118MM 2018 $330MM 1.7% into drug and healthcare
- i.e ‘BlockCerts’ - https://www.blockcerts.org Credly – API OpenBadges Intel IBM
- World Health Organization (WHO) International Policy Network up to 700,000 people die each year due to counterfeit malaria and tuberculosis drugs.
- Smart contracts allow the performance of credible transactions without third parties. Smart contracts were first proposed by Nick Szabo, who coined the term, in 1994. Claims processing.
- Smart contracts allow the performance of credible transactions without third parties. Smart contracts were first proposed by Nick Szabo, who coined the term, in 1994. Claims processing.
- An oracle is an agent that finds and verifies real-world occurrences and submits this information to a blockchain to be used by smart contracts. TYPES: Software; Hardware; Inbound; Outbound
- AirBnb: 9,000 employees Uber: 12,000 employees
- cryptocurrencies include Zcash, Dash, Monero and Bitcoin Cash
- cryptocurrencies include Zcash, Dash, Monero and Bitcoin Cash
- - bitcoin was not the first virtual currency - bitcoin was not the first cryptographic currency First cryptographic currency : DigiCash in 1989 bitcoin first decentralized cryptocurrency Bitcoin whitepaper does not mention ‘blockchain’ – just like Tim Berners-Lee did not mention ‘world wide web’ when creating HTML 8 pages