What NFTs Need to Achieve Before Healthcare Implementation
Medical ethicists have argued that non-fungible tokens in healthcare, specifically the use of NFTs in the healthcare record-keeping system, can give patients ownership of their records through its blockchain ledger. Allowing them to track the sale of their data, giving patients the opportunity to stop it or sell it themselves. But, technology leaders at healthcare systems say although this concept has potential, it is still evolving and requires a lot of refining before it can be implemented into the healthcare industry.
According to Zafar Chaudry, MD, chief digital officer and CIO of Seattle Children's, NFTs have the potential to be game changing and can be used to reform patient data management, but it is still a space that hasn't been developed fully.
"It is still a very immature space," Dr. Chaudry said. "Security, privacy, intellectual property and interoperability will be the major concerns. But, if the driver is the monetizing of patient data, then NFT adoption may exponentially accelerate."
Adam Gold, chief technology officer of Children's Health Orange County (Calif.), said he also believes NFTs hold a lot of potential, but its underlying challenge will be user adoption.
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