I’ve read about possible use the Diffie System in many areas. How it can be used, for example in health care data?
With the migration of medical data from paper records to electronic records since 2008, medical institutions and patients have accumulated a wealth of health care data. As data continues to accumulate, it becomes increasingly imperative that this data be analyzed and shared in order to improve health care services. This trend is resulting from a few major developments (patients are demanding a better and more individualized end-to-end health care experience; the low-hanging fruits in pharmaceutical R&D are gone; patient concerns over data security and personal data privacy are increasing). In response to the above challenges, Diffie System provides a revolutionary solution.
And how do you think it will look on the example of pharmaceutical developments?
Take the case of a pharmaceutical company that is developing a new drug and in need of patient data for clinical trials. Under the current regime, the cost of doing so is high, not least because patients have concerns over their privacy and the security of their data. With guaranteed privacy and data security as well as autonomous control over their data, patients will be a lot more likely to share/sell their data to the pharmaceutical company. The smart contract can also simultaneously handle the payment attached to the sale of the patient’s data. This pharmaceutical company is thus able to obtain the data that it needs at a much lower cost, from both a financial and non-financial perspective. This is a win-win situation in which the pharmaceutical company increased the efficiency of drug development by acquiring valuable patient data and the patient earned an income from their data without sacrificing privacy.
Same type of system can be used in (e.g.) car rental, pharmacies, scientific developments or decentralized libraries, can't it?