Ocean Protocol, a decentralized data exchange protocol to unlock data for AI, announced today it is partnering with Zühlke, a service provider for innovation projects, technology, and business expertise. The goal of the collaboration is to create solutions for pharma, medtech, and life science companies that facilitate an open data economy for healthcare – without losing control over the data.
Zühlke will provide expertise in evaluating and implementing innovation projects while the technological basis for these solutions is Ocean Protocol’s decentralized data exchange protocol.
“We have a shared vision of the healthcare ecosystem as a sector, which has a significant potential for AI but is hampered by the sensitivity of health data. Together with Ocean Protocol, we aim to create solutions that allow the usage of this data that is fair and safe for all involved parties. Ocean Protocol offers a very promising technology for all cases where different parties want to share data without losing control over it. We are confident that we can create first business opportunities together with interested customers as early as 2020. To really ensure data privacy, the patient should keep full control over the access to their health data and be able to answer the following questions: Who can access my data to which degree and what is it used for?”
– Stefan Grasmann, Head of Competence Center and member of the board at Zühlke Engineering GmbH
The next steps in the joint efforts of Ocean Protocol and Zühlke will be workshops to develop use-cases and tailored offerings; followed by a joint approach to potential customers.
“Big tech companies are already collecting and using huge amounts of health data without compensating their owners. We would like to create a sustainable and transparent alternative. Ocean Protocol wants to kickstart an open data economy by breaking down data silos and equalizing access to data for all, creating a marketplace for health data. Just because an idea sounds good does not mean it can be realized. You have to start with smaller projects and then scale up. That’s why we have chosen Zühlke as our partner. They have the business know-how to identify and challenge business models and have the track record of implementing innovative projects across the entire healthcare sector.”
– Răzvan Olteanu, Founding Team Member at Ocean Protocol and COO at BigchainDB