Creating a Health Data Marketplace for the Digital Health Era

Partners in Digital Health

Creating a Health Data Marketplace for the Digital Health Era

• Imtiaz Khan, PhD - Associate Professor of Data Science, Cardiff School of Technologies, Cardiff Metropolitan University
• Mohamed A. Maher - MedTech Entrepreneur and Director of Innovation at Balsamee LTD
• Moderator: Anjum Khurshid, PhD - Associate Professor, Harvard Medical School, and Chief Data Scientist, Sentinel Operations Center, a Harvard Pilgrim HealthCare Institute

With the advent of the General Data Protection Regulation (GDPR) of the EU and the development of technologies like blockchain and distributed ledger technologies (DLT), it is now possible to create a new paradigm with a shared economic model where financial Incentivization will be the main driver for data sharing. This can be achieved by setting up a digital health data marketplace (DHDM).

Speakers on s podcast authored a paper in BTHY journal entitled “From Sharing to Selling: Challenges and Opportunities of Establishing a Digital Health Data Marketplace Using Blockchain Technologies,” https://doi.org/10.30953/bhty.v5.184

Their ongoing work is discussed for the DHDM operation outlined along with current developments and future work. Questions addressed are below:

• What inspired the authors to explore the use of blockchain technology in healthcare data sharing and monetization?

• What are the key challenges and opportunities identified in establishing a digital health data marketplace using blockchain technologies?

• What are the potential socioeconomic impacts of a digital health data marketplace on patients, healthcare providers, and researchers, and how do you see the economics of health data developing into dynamic systems that will reflect in the processes of care delivery and management?

• What are the next steps for the research? Are there ongoing projects or collaborations the audience can expect to be excited about?