Health Datasets as Assets: Blockchain-Based Valuation and Transaction Methods

Area of Science:

• Health Informatics
• Blockchain Technology
• Asset Valuation

Background:

• Health-oriented datasets are recognized as intangible assets with economic potential.
• Existing methods for valuing health data for legitimate purposes are limited.
• The black market assigns monetary value to health records, highlighting their economic significance.

Purpose of the Study:

• To propose blockchain as a secure and transparent medium for transacting health research datasets.
• To introduce data valuation methodologies aligned with accounting principles.
• To explore blockchain-based real-time and micropayment strategies for health data.

Main Methods:

• Discussion of data valuation methodologies consistent with accounting principles.
• Analysis of black market valuations of health data.
• Description of blockchain-based transaction and payment management systems.

Main Results:

• Blockchain offers security, auditability, and transparency for health data transactions.
• Established methodologies for valuing health data assets are presented.
• Blockchain facilitates secure and efficient real-time and micropayment strategies.

Conclusions:

• Blockchain technology presents a viable solution for the legitimate valuation and transfer of health data assets.
• The proposed methods support secure, auditable, and transparent transactions, fostering trust in health data exchange.
• Integrating blockchain can unlock new commercial opportunities for health data in research and business.