The Non-Fungible Token (NFT) industry has been evolving and expanding, with developers discovering and exploring its potential applications. NFTs have already found their way into various industries, including electoral processes, real estate, entertainment, supply chain management, and the healthcare sector.
Healthcare providers play a crucial role in promoting and maintaining healthy lifestyles for individuals. They deliver timely and effective medical services, ranging from diagnosis and medical research to surgery, therapy, treatment, and disease prevention. Integrating NFTs into medical care has the potential to enhance healthcare delivery to patients and transform the global healthcare sector.
There are various ways in which NFTs can reshape the healthcare industry
Firstly, NFTs can boost the supply chain for blood banks. Blood donation is crucial for blood transfusion and other biopharmaceutical medications, and establishing a digital blood bank on blockchain networks, where NFTs can be issued to donors and linked to their donated blood, can enable the tracking of donated blood from blood banks to hospitals or wherever they are needed, as well as monitor available blood types and their proximity to where they are required.
Secondly, NFTs can be used to authenticate pharmaceutical products, as the administration of healthcare relies heavily on drugs, injections, inhalers, and drops. To address the issue of counterfeit products, pharmaceutical companies can adopt the concept of Phygitals NFTs for their products to signify and verify their authenticity. Each NFT will represent a physical product, and once the product has been sold, the NFT will automatically burn to signify that it is no longer in circulation.
Thirdly, medical record tokenization can enable patients to mint their medical data as an NFT and monitor who holds it and how it is used. Medical data tokenization can also boost clinical research and trials, where patients can list their medical NFTs on marketplaces. Interested corporations or companies can reach out to patients to get their medical data for research or to use them to develop new products.
Fourthly, NFT projects can be created to crowdfund medical outreach in impoverished countries, war zones, and zones prone to natural disasters such as earthquakes, landslides, and flooding. Additionally, NFTs can be used for campaigns and awareness against exposing oneself to viruses like HIV/AIDS, COVID-19, Ebola Virus, HPV (Human papillomavirus), Monkey Pox, Chicken Pox, Flu, Herpes, and so on. This can be achieved by creating concise animations on these viruses and minting them as free NFTs.
Lastly, NFTs can be used as a valuable tool to incentivize the public to take vaccines. These NFTs can be issued to people based on the type of vaccine they received, their current dosage, booster status, etc. These NFTs can be a piece of backup evidence for being vaccinated, as required for international travel.
In conclusion, incorporating NFTs into medical care has the potential to revitalize and redefine global healthcare through the digital space, which is a haven for tech-savvy youths. Reputable brands showcasing the functionality of NFTs in medical care include BloodChain, Aimedis, MediLedger, RightsHash, and Go by Enjin. The potential of NFTs is being explored in various sectors, including healthcare delivery, and the possibilities are endless.