HealthDex is an enterprise health data blockchain platform and decentralised exchange.
The amount of health data in the world is growing rapidly and expected to double every 73 days by the year 2020. The multi-trillion-dollar health sector is exponentially relying on health data for informed decisions. Health data is used to make new drugs and therapies, improve healthcare delivery, inform insurance and government policies, and much more.
Thousands of companies and organisations around the world buy and sell health data for billions of dollars annually. These individually brokered deals are slow and expensive, meaning huge amounts of data are underutilised. Currently, no health data marketplace exists where all stakeholders can easily search, connect, trade and utilise health data.
Additionally, a new generation of blockchain health data companies are providing health data owners with greater control, security and remuneration of their data. Hundreds more health data DApps are expected to emerge but lack a blockchain platform uniquely tailored to the demands of health data.
HealthDex is the first of its kind enterprise health data blockchain platform and decentralised exchange.
The HealthDex blockchain platform is the perfect choice for health data DApps. HealthDex provides DApps with a range of on-demand enterprise solutions, such as decentralised data storage and security on the HealthDex IPFS cloud storage and data processing on the uniquely tailored health database, HealthDexDB.
Providing the interface for the HealthDex marketplace and numerous decentralised applications (DApps).
Utilising blockchain technology to enable trusted transactions through smart contracts.
HealthDexDB is our uniquely tailored health database providing efficient data processing for health data vendors.
Comprised of our network of decentralised nodes providing cloud storage ("Storage-as-a-Service") and computational power for federated learning ("AI-as-a-Service").
The HealthDex decentralised exchange (‘DEX’) is a marketplace for health data vendors, consumers and other participants to easily search, connect, trade and utilise health data. The HealthDex tokenised service layer enables frictionless transactions and ensures appropriate incentivisation of nodes participating in the HealthDex network.
Homomorphic encryption, federated learning and application containerisation technologies are incorporated by HealthDex for data handling and analysis. These allow data consumers to gain insights and train artificial intelligence models whilst minimising the need for data transfer and, thereby, ensuring sustainable and ongoing monetisation of health data.
Because revenues are primarily generated from commission fees, HealthDex is incentivised to maximise the number of market participants and trading volume on the HealthDex platform. In the process, HealthDex will enable ongoing medical discoveries, health insights and improved models of healthcare.