We have a massive risk of government and commercial hegemony over the ability to control humanity in ways we don’t wish. It means that we must pursue systems of self-sovereignty at the same time that this technology is evolving.
“New institutions will need to correct the asymmetry of power. We need to be extremely careful as we proceed” – Heather Leigh Flannery from ConsenSys Health.
The session started by stressing that we, as humanity, are searching for new ways of dealing with data and our relations in the digital world. COVID-19 pandemic brought new challenges for storing, processing and sharing our data, especially in the healthcare sector. A tremendous effort is put by Pharmaledger, which builds a blockchain platform for the healthcare industry to create unified formats and senses for using data. Another example was showcased by Daniel Uribe, founder at Genobank.io, highlighting the opportunities for bio-tokens with a privacy-preserving DNA kit.
“The ongoing Covid-19 crisis has unveiled the importance of the veracity of healthcare data” – Marco Cuomo, Applied Technology Innovation Manager at PharmaLedger – explained.
During the discussion experts discussed about possibility of using NFTs in healthcare, among other things, can be a good value proposition with their authenticity and scarcity. Those, however, must be differentiated from the venture capital.