Much of the same logic above applies to the world of healthcare. We create – and contain – data that could be extremely valuable for a broad range of healthcare applications. Firstly, we could contribute our data to improve health insurance underwriting. Relevant information might include our biological stats, eating habits, Seamless history, and the amount of walking we do each day. You could hook up Strava, Pokemon Go, Uber, and any other number of applications to produce a clearer picture of risks by demographic. Once again, consumers could benefit from the upside created by this process. 

Other opportunities abound. Healthcare startup 54gene has raised more than $40 million in funding for its genetic platform. The company compiles unique data sets to improve medical treatments, focusing on gathering genetic information from the African diaspora. According to 54gene’s CEO, this data is donated by volunteers. 

At least one project is reimagining this structure on-chain. By purchasing an NFT from GenomesDAO, users receive a genome sequencing kit. Information is returned to the GenomesDAO team and safely stored. In the future, the DAO could sell this anonymized information to improve drug discovery and other healthcare endeavors. We should expect different configurations to come to market, leveraging similar structures.