Overview
Last updated
Last updated
Availability of healthcare data is critical for advancements in health and medicine, such as drug discovery. 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 set out to establish a collaborative protocol for healthcare data. This protocol will focus on patient data self-determination, decentralized governance, and a sustainable incentive model.
Since its rebranding in 2023, Hippocrat has been committed to transforming healthcare data usage by empowering patients with control over their data. Through innovative platforms like Hippodoc (which will be upgraded into Data Hippo), a telemedicine solution for underserved regions, and strategic partnerships with industry leaders including Saluscare, Saint Mary’s Hospital, and Asan Medical Institute, Hippocrat has built a robust decentralized healthcare ecosystem. Currently, the network supports over 4 million unique health check-up recipients, with 1.4 million updating their data annually, positioning it as a leader in decentralized healthcare data solutions.
However, despite this progress, significant challenges remain. The reliance on existing blockchain infrastructure limits customization for healthcare-specific needs, making integration with legacy systems difficult. Additionally, transaction costs on Ethereum mainnet hinder scalability, while the lack of decentralized storage solutions compliant with healthcare regulations creates bottlenecks for data management. Lastly, compliance with standards such as HL7 and data privacy regulations regarding healthcare data remains a challenge.This is particularly due to the absence of a native data processing module that ensures privacy and security.
To address these limitations and fully realize its vision, Hippocrat is launching Hippo Protocol, a Layer 1 blockchain specifically designed for healthcare data. Hippo Protocol will provide a secure, scalable, and user-centric infrastructure that enables seamless data exchange while ensuring privacy and compliance with healthcare regulations.. This transition will also elevate the HP coin into a core utility asset powering a decentralized healthcare economy.
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,, introduced the concept of "MyData" to address this issue. They introduced 'MyData' as part of a technological domain known as 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 Hippo Protocol, We adopt the philosophy of MyData and self-sovereign identityy, 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 within the healthcare sector.
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.
Hippo Protocol 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 risk of tampering or forgery.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. We aim to foster global collaboration to advance human health outcomes.