Control Your Personal Health Data With Doc.ai Blockchain Solution

Control Your Personal Health Data With Doc.ai Blockchain Solution

Startups
September 26, 2019 Editor's Desk
402
Getting health-related insights is now possible digitally. With blockchain helping in the disruption of traditional industries, it is time for the healthcare department to transform into patient-friendly services. Blockchain and machine learning coming together for predictive analysis and personal health data is what Doc.ai originally is. The platform basically gets together information on a patient’s
doc.ai

Getting health-related insights is now possible digitally. With blockchain helping in the disruption of traditional industries, it is time for the healthcare department to transform into patient-friendly services. Blockchain and machine learning coming together for predictive analysis and personal health data is what Doc.ai originally is.

The platform basically gets together information on a patient’s health from different sources be it the doctor visits, pharmacies, emergency room stay, etc under their one secure system.  This system is the app that later helps the patient manage the data. This data is then utilized for giving insights and providing analysis on any illness or diseases.

Founded back in 2016 in Palo Alto, California this app closed its seed round later that same year, lead by Comet Labs and inked its first distribution agreement with Deloitte in May 2017. Then in May 2017 they presented the closed beta of the hematology robo-advisor. This was around the time when Jeremy Howard came on board as Chief Scientific Officer. Doc.ai then decided to start their Initial Coin Offering(ICO) campaign which helped them raise around $10m primarily in Bitcoin.

 In early 2018 they even opened sign-ups that allowed member to enjoy early access to their products. 

The issue with the current system of healthcare data storage is the fact that we don’t own our data. In addition to that there is no single, proper system that has all our health related data. The feature of decentralization that blockchain has, helped Doc.ai store the data all in one place, which is your smartphone. This helps us be in control of our own data.    

The traditional health care industry is worth trillions of dollars. Amazon, JPMorgan Chase and Berkshire Hathaway deciding to form their own, private healthcare company for their employees says it all. The issues related to data which is deep rooted within the healthcare industry is not that easy to disrupt. 

But that doesn’t mean that the digital revolution that the world is currently facing won’t include the health department into it. Especially with cutting-edge technologies like Al, Blockchain the industry will soon be more cost-friendly and smart in nature.  

 Walter De Brouwer the CEO of Doc.ai said, “Networks of the future will be fueled by individuals who are empowered by digital currency to share and exchange information and data that AI and machine learning can interpret to improve well being. Doc.ai is building that future today”.

Walter also believes that things in the healthcare department are going to change. He mentioned that the seller’s market will soon become the buyer’s market by which he implies that patients will no longer be clueless, instead they will own their data. This would thus help in the betterment of healthcare services.

There will be a future where more and more healthcare services will exist and that would ultimately lower the prices of the services being provided. Doctors will be well equipped to diagnose even the rarest of diseases. The tomorrow of the healthcare industry that Doc.ai is aiming for will have data controlled by the individuals themselves and not by institutions. 

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