The goal of Hippocrat

We have discussed the necessity of healthcare data for advancements in health and medicine, such as drug discovery, and how obtaining sufficient high-quality data involves addressing certain challenges. These challenges include balancing privacy and utilization, securing adequate consent, incentivizing data sharing, understanding data rights, and maintaining reliable records.

To tackle these issues, Hippocrat aims to establish a collaborative protocol for healthcare data built on open standards and Bitcoin. This protocol will focus on patient data self-determination, decentralized governance, and a sustainable incentive model.

In the subsequent chapters, we will delineate the blueprint that Hippocrat is constructing to achieve these objectives.

Empowering patient data sovereignty

To date, numerous internet companies have exploited their users' data, stored on internal servers, to enhance their advertising algorithms and develop more lucrative ad products. While this business model has made services convenient and cost-effective for users, the downside is that users have surrendered considerable control over their information and data.

The non-profit international organization, mydata.org, introduced the concept of "MyData" to address this issue. They defined "MyData" as the emergence of a technology domain called Self-Sovereign Identity (SSI), which expands into the realm of identity and allows individuals to use the internet while retaining sovereignty over their personal identity and data. This concept involves:

1. Replacing the current organization-centric system of managing and processing personal data with a human-centric one.

2. Treating personal data as a resource that individuals can access and control.

At Hippocrat, we echo the philosophy of MyData and self-sovereign identity, and we aspire to actualize this in healthcare. In the healthcare sector, specifically, it is critical to enable data subjects to make informed decisions to ensure their complete protection while facilitating reasonable use of their data. If this is achieved, it could propel the innovation of the internet and digital technology solely within the healthcare sector.

Data ecosystems with incentives and open collaboration

The process of generating, adding value to, and utilizing healthcare data involves the collaboration of various stakeholders, including not only data subjects such as patients, but also healthcare organizations, public agencies, and companies. All of these processes involve costs to produce added value, and without the right incentives (such as financial rewards or value-added services) to motivate each stakeholder, this collaboration will not be sustainable.

Hippocrat provides a protocol that allows data to be traded and utilized based on the self-determination of the data subject, and when financial compensation is generated in the process, the compensation is also distributed to the stakeholders who contributed to the creation and processing of the data, including the data subject. In addition, all information in the distribution process from the creation to utilization of data will be transparent and recorded on the blockchain without the risk of forgery or tampering, so an environment will be created in which we can fully cooperate without relying on the trust of third parties.

These protocols are also not determined by any particular centralized entity, but by an open, collaborative system. The tools and services you use are developed with open standards and open source, and policies and standards are determined by open discussion and consensus of those participating in governance. In this way, we aim to enable collaboration on a global scale to improve human health.