Introduction
The Problem: Centralized Health Data and Limited Access
For decades, health data has been locked away in hospital systems, research institutions, and corporate databases. Despite being generated by patients, this information is often inaccessible to the very individuals it concerns. Worse still, this data is routinely sold to third partiesāinsurance companies, pharmaceutical firms, and analytics platformsāwithout transparent consent or fair compensation.
This centralized control not only creates ethical concerns but also slows down scientific progress. Researchers face immense barriers in accessing diverse, high-quality, real-world data needed for cutting-edge medical studies. The result? Delayed treatments, underserved communities, and stagnant innovation.
The Opportunity: Patient-Owned, Permissioned, and Tokenized Health Data
DeMedic is built to solve these systemic issues by turning the data ownership model on its head. Instead of patients passively giving up their data, DeMedic allows them to own, manage, and monetize it. Using blockchain and smart contracts, every transaction is traceable, verifiable, and securedāensuring data is only shared with explicit consent.
The platform serves as a neutral, decentralized layer where patients can upload or link their health recordsāfrom electronic health records (EHRs) and genetic reports to fitness trackers and wearable dataāand get rewarded in $DMEDI tokens for sharing that data with verified research projects.
This paradigm shift in data management transforms a passive resource into an active asset. It builds trust, reduces barriers for researchers, and accelerates discoveryāall while preserving patient rights and privacy.
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