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April 22, 2020
The current digital era is marked by a complex array of technologies and novel ones that are being developed at an astonishing pace. Regardless of the source reviewed, there are some technologies that are consistently high-ranked and considered to have high disruptive potential for the current healthcare industry such as AI and Blockchain/DLT. When evaluating their impact on healthcare it is important to consider multiple complex factors such as their scalability, cost, safety, and more importantly their impact on population health. A few example domains where both can be highly beneficial are: clinical research, pharmaceutical development, precision medicine just to name a few. The combination of AI & Blockchain has a tremendous transformative potential due to the latest truly exponential pace of developments within both of technologies, a significant reduction in cost over the past decade and their amenability to scale relatively quickly to larger population segments for the right use cases. By using the tremendous capabilities within the AI repertoire such as predictive algorithms, machine learning or neural networks we can certainly expedite this process further and act as a catalyst for improving outcomes, as well as facilitate the development of novel precision medicine solutions. The combined deployment of AI and Blockchain could also enhance the scalability of these novel solutions and could have a profound transformative impact on global population health. In order for this type of strategy to be successful, it would require braking down existing silos within the global healthcare ecosystem, reinventing the way R&D is being designed within the life sciences industry and having an exponential medicine visionary approach.So what are the characteristics of a completely redesigned exponential medicine AI & blockchain-powered global healthcare ecosystem? The key elements would be enhanced access world-wide, embracing cooptition and setting the foundation for an ethical deployment of precision medicine in order to shift from a "sick-care" healthcare delivery system to a "preventative health" and "well-care" system.
May 20, 2020
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