MediVault
Elevator Pitch: MediVault transforms health data sharing with a secure, blockchain-based platform, giving you total control over your personal health information. Say goodbye to privacy concerns and hello to empowered patient care and breakthroughs in medical research.
Concept
A blockchain-based health data sharing platform that empowers patients with complete control over their health information.
Objective
To enhance patient care and research by securely sharing health data while ensuring privacy, confidentiality, and consent management.
Solution
Integrating advanced encryption technologies (Proxy ReEncryption, Searchable Encryption, Homomorphic Encryption) into a user-friendly platform that connects patients and healthcare practitioners.
Revenue Model
Subscription fees from healthcare providers, research institutions and insurance companies; transaction fees for data access.
Target Market
Healthcare providers, research institutions, insurance companies, and patients seeking enhanced privacy controls.
Expansion Plan
Initially target private practices and small hospitals, followed by expansion to larger hospitals and research institutions. Eventually, tap into health insurance companies and international markets.
Potential Challenges
Technological complexity, ensuring system scalability, and achieving widespread adoption amidst varied global privacy regulations.
Customer Problem
Lack of control and privacy over personal health information when shared with healthcare practitioners and entities.
Regulatory and Ethical Issues
Compliance with GDPR, HIPAA, and other local privacy laws; ensuring ethical use of sensitive health data.
Disruptiveness
Revolutionizes health data sharing by prioritizing patient consent and privacy, potentially transforming the healthcare and research industries.
Check out our related research summary: here.
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