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Trust Issues: The Challenge with Healthcare Data
Impact dialogue with Ashmeet Sidana, Chief Engineer, Engineering Capital & Sanjiv Goyal, Chair, IIT2020: Future is now summit
By Sanjiv Goyal
Data is the new oil. The potential influence of data is analogous to the way oil shaped the geopolitical landscape as the world transitioned from a coal-based economy. Just like oil, data has a dual nature. When utilized appropriately, it creates revolutionary advancements and improves our standard of living, but misapplied, it turns toxic.
This week I sat down with Ashmeet Sidana, Chief Engineer and covert CEO of Engineering Capital, to discuss how data is going to shape the future of the world in the coming decades. In our discussion, we explored how the evolution of data sharing and beliefs about privacy will impact the healthcare space.
To change the face of the healthcare system, we need a global, standardized open-system network for sharing data. The primary issue of creating this isn’t what you might think. It’s not a lack of resources or technology — it’s trust issues.
The medical industry is working within a closed system model. There are vast entrepreneurial opportunities in the healthcare sector right now that hinge on solving…
