Being an expert in pharmaceutical biotechnology, I know very well how much we need data for research. because apart from testing out which chemical best antagonizes or serves as an agonist for a receptor, we need data as raw material.
you see, apart from collecting large chunks of IOT sensor generated data from health institutions we also generate huge chunks of it as well, but the process of drug research and production is strictly regulated ( done mostly by the FDA) we are required to provide every single bit of information about manufacturing temperatures, the pinpoint amount of constituents and the average humidity in which we subject or drugs as they develop, among other requirements.
Just like Data broker Dao rightly states in its white paper, apart from utilising this information for further improving our manufacturing ethics and to send to government facilities so as to maintain our certifications. we otherwise just accumulate them.
However, with Data broker Dao. I see a situation where we are allowed to commercialize this accumulated data fully. especially to academia and even other research facilities in other parts of the world.
But there's a catch, because this accumulated data is so vital and could actually be utilised for production of substandard drugs. it will take a hard time convincing pharmaceutical bodies to just commercialize their accumulated data. but Data Broker Dao has shown high commitment to fully ensuring the safety of these data by partnering with gateway operators and even anchoring the data on the Blockchain. mainly the Ethereum main net.
This above postulation is merely that. And even though right now, we already offer some amounts of IOT sensor generated data to research facilities.
I personally will be open to giving even higher amounts of it to other bodies especially academia. and of course, earn vital funds for it. which will help further enhance our procedures.
With Data Broker Dao, access to highly accurate and regulated sourced pharmaceutical IOT sensor data is possible someday. and although this comes with its risks it also comes with immense opportunities and advantages.
And as a stakeholder in the pharmaceuticals sector, I stand on the side of data commercialization for all. especially with the Data broker Dao platform.
But what's your take on this? think it's not plausible?, risky? Think the Data Broker Dao platform needs more work before it can achieve this?
Please let me know in the comment section and please do join the Data Broker Dao ICO that's still ongoing right now to acquire your DTX tokens.
Join the Ico here:
ICO: https://databrokerdao.com/?ref=btctalk
Other links:
Telegram: https://t.me/databrokerdao
WP: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf
ANN: https://bitcointalk.org/index.php?topic=2113309.0
A Hauwa Musa Original Piece