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Session Description: Tokenization is a fundamental and transformation feature enabled via a blockchain. Tokenization is the digital representation of a real-world or digital asset of value (e.g., health data, real estate, music, insurance, advertising, art). Once tokenized, assets can be easily and securely exchanged. Within the healthcare ecosystem, these digital assets can be used for many different purposes (incentivizing positive health behaviors, reward data sharing, facilitate communication, assuring data quality, etc.). This session will discuss the transformational impact tokenization can have within the healthcare ecosystem. Topics will also include the use of next generation, non-fungible tokens (e.g., ERC-721, “CryptoKitties”). As every technology has its challenges, concerns and pitfalls around tokenization and the internet of value will be discussed.
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