ππ―πΌππ Our project, BlockTrails, is a groundbreaking initiative aimed at revolutionizing the clinical trials industry through blockchain technology. We recognize the inefficiencies and challenges within the current centralized system and strive to create a more transparent, secure, and incentivized ecosystem for all stakeholders involved in clinical research.
Our Approach: Blockchain-Based Data Management: Secure Data Storage: We utilize blockchain technology to ensure immutable and secure storage of clinical trial data, protecting the integrity and confidentiality of sensitive information. Patient Data Ownership: Patients maintain complete ownership and control over their data, ensuring privacy and security while empowering them to make informed decisions about data sharing. Transparent Traceability: Every transaction and data access is recorded on the blockchain, providing a clear and auditable trail that enhances trust and accountability.
Comprehensive Clinical Trials Integration: Phased Trials Support: Our platform supports seamless integration for all phases of clinical trials (I to IV), ensuring continuity and efficiency in drug development processes. Accessible Historical Data: We provide easy access to historical clinical trial data, allowing for better-informed decisions and accelerated drug development cycles.
Advanced Tokenomics for Incentivization: Multi-Stakeholder Incentives: Our tokenomics mechanism rewards patients, doctors, researchers, and other stakeholders based on their contributions, fostering a collaborative environment. Data Sharing Rewards: Patients are incentivized with tokens for consenting to share their data for future studies, ensuring they are compensated for their participation. Professional Contributions: Healthcare professionals and researchers earn tokens for their expertise and involvement, recognizing and rewarding their valuable contributions.
Diverse Revenue Models: Transaction Fees: We generate revenue through small gas fees for token transactions between stakeholders, ensuring sustainability. Subscription Fees: Our platform offers monthly or annual subscription fees for basic and premium access, catering to different user needs. Service Fees: We charge for premium services such as advanced analytics, customized support, and enhanced data services, providing value-added options for users. Partnership Revenue: We collaborate with healthcare institutions, research organizations, and technology providers, creating additional revenue streams through strategic partnerships.
Our Mission We aim to address critical challenges in clinical trials, such as data accessibility, stakeholder engagement, and transparency. By leveraging blockchain technology, we create a more efficient and effective drug development process. Our platform ensures fair incentivization for all participants, fostering a collaborative and transparent ecosystem.
Join Us Step into the future of clinical trials with BlockTrails. Together, we can create a more efficient, secure, and inclusive system that benefits all stakeholders involved in clinical research. Take control of your clinical trial data and contribute to a groundbreaking initiative that aims to revolutionize the industry.
Block Trails History
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applied to the ETH Dublin Hackathon 2024 5 months ago of which the application is still in a pending state