Can NFTs Be Repurposed For The Healthcare Industry?
Hospital & Healthcare Management April 11, 2022
A non-fungible token, often simply called an NFT, is a digital asset created with blockchain technology. They got their start in the world of art. It was a way for people to buy and sell digital artwork that was guaranteed with a digital contract. Analysts are wondering whether or not NFT contracts could also be used in other markets, such as healthcare. A team of ethics researchers and law and informatics specialists at the Baylor College of Medicine recently wrote a commentary about the uses of NFTs in healthcare.
In a commentary article in the prestigious journal Science, the physicians, informatics specialists and lawyers argued that NFTs could assist patients with maintaining more control over their private health information. The...