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Calling All Data Donors!

Updated: Sep 28, 2024

Data has emerged as a currency of immense value. Yet, for too long, individuals who contribute their personal information have often found themselves on the sidelines, mere spectators in the advancement of civilization. However, a paradigm shift is underway, spearheaded by KeyPoint facilitating data donation across a wide range of industries. Explore our first example below!





Use-Case: Healthcare

Gone are the days where patients passively surrender their health records with little to no tangible benefit. Instead, KeyPoint empowers patients to become active participants in the advancement of healthcare by rewarding them for their invaluable contributions.


Imagine a scenario where a patient diagnosed with Chronic Obstructive Pulmonary Disease (COPD) opts into Respiro, a cutting-edge AI healthcare model designed to predict COPD exacerbations. By doing so, this patient willingly shares a wealth of personal health data, ranging from vital signs and lab results to demographic information and lifestyle factors. This data forms the lifeblood of Respiro, fueling its development and fine-tuning its predictive capabilities.


But here's where KeyPoint truly shines: each patient who opts in to Respiro receives a time-stamped Key verifying their consent. Older Keys earn more points, and for every data point contributed to the model, patients accumulate redeemable credit points that reflect both the timeliness of their participation and the significance of their data. These points serve as a tangible reward for their contribution, a testament to their pivotal role in shaping the future of healthcare.


The beauty of KeyPoint lies in its reciprocity. As Respiro matures and finds its place in clinical settings, generating profits through improved patient outcomes and cost savings, these rewards are not hoarded by corporations or investors alone. Instead, they are shared among all stakeholders, including the patients who seeded the model with their invaluable data contributions.


For the COPD patients who contributed to Respiro’s development, these rewards come in the form of redeemable credits within KeyPoint's ecosystem. With these credits, patients can access a plethora of healthcare products and services, from at-home monitoring devices to medications and beyond to manage their comorbidities. Moreover, KeyPoint facilitates the transfer of these credits to adjacent ecosystems, enabling patients to leverage their rewards across diverse healthcare networks.


For example, imagine this patient also struggles with comorbid depression and chooses to get started with OpeN MinD as an adjunctive therapeutic tool. A portion of the points earned in the Respiro ecosystem can seamlessly be converted into OpeN MinD points, with the exact percentage determined by the level of network overlap between the two ecosystems.


In essence, KeyPoint transforms data donation into a symbiotic relationship, where You are no longer a mere donor but an active participant in today’s fast-paced world. By incentivizing data contribution and sharing the benefits of innovation, KeyPoint paves the way for a future where all industries are not just personalized but truly democratized. It's not just about data; it's about empowerment. And with KeyPoint, the possibilities are limitless.


 
 
 

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