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Distributed ledger technologies such as blockchain have the potential
to support precision medicine in a number of ways, promoting
enhanced privacy and security while also democratizing it.
ously entered data, in any given block, would also
have to occur in every subsequent block-an exceptionally
difficult task, given that data is secured
cryptographically when it is replicated from block to
block.
According to Vasiliu-Feltes, blockchain is advantageous
in several respects. " Blockchain presents
the opportunity to decide what we are going to
put 'on the chain' versus what can be kept off, " she
explained. " That allows us to segregate and utilize
data in a very meaningful way that is not currently
possible with any other database formats, ensuring
optimized privacy and self-sovereignty. It also
allows all other key stakeholders to use only data
that is necessary for their particular operations,
including healthcare plans, healthcare providers,
pharmaceutical companies, research institutes, and
clinical professionals. "
Vasiliu-Feltes continued: " Blockchain also allows
enhanced access and decentralization, allowing as
many international parties as possible to benefit-
as opposed to the siloed way of working we have
now. As has been proven throughout the COVID-19
pandemic, when everyone worldwide has been able
to collaborate on a vast scale never seen before in
history, they have been able to expedite the development
of critical treatments such as antiviral
vaccines in record time. "
She concluded by citing yet another advantage:
" Blockchain allows a high degree of auditability
and traceability, and data cannot be easily tampered
with due to its inherent immutability. A number of
pain points in healthcare today could be addressed
by putting very sensitive data, such as genetic and
other precision medicine and life sciences data, into
this type of digital technology platform. It provides
a higher degree of autonomy while at the same time
facilitating compliance and auditing processes,
preventing waste, fraud, and abuse. "
PREDICTION, PREVENTION, AND A GLOBAL DATA EXCHANGE
" In the future, " Smith predicted, " we're going to
have a much better understanding of which nutrients
are best for individuals based upon their own
genotypes. " He suggested that genome sequencing
could become a routine part of clinical care within
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evotec_Nov23_PanOmicsDriven

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