According to the new GDPR regulations, a doctor is no longer authorized to call a patient and reveal his medical exams via a phone call or social media. The patient will either have to traditionally acquire the results in their physical form, by visiting the respective medical center, which is unprogressive at best, or the doctor will have to share the intel generated on an encrypted fashion.
There are numerous second and third generation blockchain-powered medical platforms and projects that make sure individual medical data are securely stored, distributed, and monetized, always with the user’s consent.
Blockchain not only allows for encrypted data storage and distribution, but it enables hierarchy in the ledger, and gives strict access to third parties, always confirmed by the user/owner of the data himself.
An interesting example would be Zenome, a Skolkovo Foundation backed bioinformatics company specializing in genomic data storage, distribution and monetization using blockchain technology.
Now, the health industry is obviously one of the most important sectors and probably the first to adopt this disruptive technology on a commercial scale, as personal medical data is currently the most expensive digital asset worldwide, based on the demand major medical companies and health institutions generate, but that doesn’t mean it stops here.
In a nutshell, GDPR affects pretty much everyone who uses the internet protocol(s) – we know that it’s meant for EU citizens, but let’s be clear: since the EU has 0 jurisdictions on American, Asian, and African websites, it uses the European citizen as a catalyst to push the new regulations to literally every website, as there is no website with 0 EU visitors/users.
Acknowledging the above, we know that the EU is already pushing DLT systems to the mainstream public, or else, GDPR will affect companies, governments, and individuals to use encryption, or in other words, use blockhain technologies more often if not as a standard.
I strongly believe that GDPR and blockchain, although 2 different topics, have a lot in common and are related on an immediate scale, even if it’s not yet present.
Originally posted at https://eublockchain.mobilize.io/main/groups/22605/lounge/posts/214590
Let me know your thoughts on this.