Blockchain@UBC Monthly Research Talk- Applying Blockchain to Healthcare with Ethereum, Decentralized Identity and Peer-to-peer Databases by Chris Were and Dr. Ray Ng
Abstract:
Digital health information remains an untapped resource in the information age due to its inaccessibility and severe underutilization in today’s medical institutions. Decentralizing this data will be key to improving care and saving lives.
There have been many technical challenges that have prevented the decentralization of health data in the past. However the emergence of blockchain, decentralized databases and decentralized identity standards mean the time is right now for this transition to commence.
This talk includes a live demonstration of applying decentralized technology to unlock health data, allowing a patient to own their personal medical records. It will illustrate how this new decentralized future unlocks enormous efficiency gains across the whole health ecosystem.
A walk through of the technology will provide an overview of how this can be achieved using public blockchains (such as Ethereum) and open source libraries to facilitate secure messaging, data sharing and encrypted data storage.
Information on Verida
Verida began as a research project in 2018, with the mission of helping people own and control their data. The team created architecture for decentralized control that could be used with traditional database technologies. The project evolved and an open source library was released that enabled any decentralized application to be built where users could own, control, and store their data using public encryption keys. Verida Vault was then launched with the goal of developing different web and mobile applications.
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