A Unique Web 3 Product-NFT Usage in Healthcare

Abstract

Non-fungible tokens (NFTs) have gained immense popularity and value in recent years. After the Web 3 revolution, many new products have been constructed based on smart contracts or powerful software agreements. One of the most exciting products of Web 3 is NFT, with their increasing popularity, high volatility, and significant price movements making them popular in trading activities. Although many people, investors and researchers perceive NFTs as a trading product, the smart contract and metadata, both of which make up of NFT structure, offer valuable support for the big data storage and processing fields. In recent years, researchers have proposed different uses of NFTs in healthcare systems to improve the quality of services by using NFTs' versatile data storage architecture. In this study, the capability of NFTs in the storage of health data is investigated, the usage and usage proposals of NFTs in health are examined, and probable usage areas in health sciences are evaluated. The uniqueness of this study is, using NFTs as the dead parental data storage in which the metadata does not need to be mitigated, but the stored data is very valuable for doctors to assess the genetic illnesses comes from parental DNAs.