Bio Passport Platform

Decentralization

BioPassport implements blockchain technology as the solution for effective and secure data management. In the first half of 2019, there were more than 25 million unusual leaks of medical records, all of which occurred in a centralized database. As the number and scale of personal healthcare data leaks increase, health data needs to be stored on a more secure system, and the most likely candidate to be the foundation for such a system is the DID system.

The DID system is at the core of the BioPassport platform, ensuring users that none of their sensitive data can be accessed without their permission. Thus, users can input data regarding their health into the BioPassport system with ease of heart. By doing so, users will be building up their own decentralized personal health records (DPHR). The importance of the PHR was discussed in the previous section. A DPHR fulfills all of the necessary requirements of mobility, accessibility, consistency, and above all, security.

Ecosystem Design & Incentives

The entire BioPassport ecosystem consists of three major components/business models

1. BioPassport DPHR Marketplace

BioPassport interface for Buyers and Sellers

2. DPHR (Decentralized Personal Health Record)

BioPassport mobile application

3. Telehealth Services

Remote test-kits, consultations, and diagnosis

The path through which users and platforms can interact the most is the BioPassport app, which allows users to enter medical data through the app to maintain consistency in records. As soon as the app is installed on the mobile device, a unique code is generated, and the unique code is used to access data entered by the user with the user’s private key, and is inaccessible without user approval.

Therefore, mobile applications are both DPHR platforms and telemedicine consulting applications.

To further incentivize users to consistently input their health data onto the platform, BioPassport will use a token reward model, where users will be rewarded BioPassport Coin tokens. Users may be rewarded for at least six kinds of actions which they will be able to execute using the mobile application. Rewarded tokens can be used within the BioPassport Coin economy, the details of which will be explained in further sections. Tokens can also be traded on exchanges.