Connect with us

Hi, what are you looking for?

Economy

The devil is in the data: balancing privacy and healthcare

By Patricia B. Mirasol

Data is crucial in effective decision-making, especially when tackling healthcare issues such as the novel coronavirus. Getting individuals to participate in an ecosystem of sharing data, however, is not that simple. To gain public trust, the Korea Centers for Disease Control and Prevention (KCDC) implemented key principles to protect the citizens’ data privacy.

“They announced that they collect only the minimum data needed and then deleted it afterwards,” said Tai Myoung Chung, a professor in South Korea’s Sungkyunkwan University, in a recent discussion on healthcare data. “Secondly, prior approval is needed before investigators can access private data. Thirdly, a security clearance is necessary for officials of both the KCDC and local government. Lastly, they use all kinds of model security solutions by security experts.”

South Korea, he added, invested US$240 million in a Data Dam project that collects and integrates information provided by both public and private sectors to manufacture useful data that can be shared via 5G networks. More than 5,000 companies and organizations are part of the project. 

ADDRESSING DATA CONCERNS

Healthcare analytics has the potential to reduce the cost of treatment, predict outcomes of epidemics, and minimize the incidence of preventable diseases. From filing systems to smart wearables, the data the world collects slowly paint future forms of healthcare. Apart from data privacy, additional questions about data accuracy, standardization of data collection, and collaboration across borders need to be addressed in order to maximize this resource. 

Gourish Singla, co-founder of London-based bioinformatics and data discovery platform Shivom, said that COVID-19 made everyone more open to collaborate and share data and resources. “One good thing that came out from this pandemic is that it brought the world together for sure. Everyone understands that [collaboration] will help us expedite solutions,” said Mr. Singla.

Shivom, which operates at the intersection of healthcare and blockchain technology, had to figure out how to aggregate genetic data—a difficult undertaking because of the privacy aspect. “Aggregating data was fragmented because biobanks and companies were reluctant to retain control of their data. We use blockchain, which is a revolutionary technology that allows you to share data as well as retain control of it. That has been a game changer.” 

THE INTEROPERABILITY QUESTION

Both resource persons agreed on the importance of the government’s role in data access and management. “There’s so much data lying in government hospitals,” Mr. Singla said. “I think the first step will be digitizing the data and establishing protocols to determine its accuracy. The government is a key stakeholder. Interoperability will also be a key part. It’s the next step after the digitization of data.”

Sungkyunkwan University’s Mr. Chung, whose research is focused on data security and digital therapeutics, said that sharing data is beneficial but that an earnest discussion is necessary before interoperability across country borders can be realistically implemented. 

“If we have a standard for data collection interoperability, will it be freely accessible to anonymous stakeholders? Data itself is the money,” he said. “Are countries willing to exchange data with other countries? We have an open-source community but I don’t see any open-data community yet.” 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

Federal Land, Inc. celebrates five decades of solid commitment to property development By Adrian Paul B. Conoza Philippine business visionary Dr. George S.K. Ty’s...

Economy

APPROVED foreign investment pledges more than doubled in the second quarter from a year ago, as the Philippine economy continued to reopen amid looser...

Economy

By Abigail Marie P. Yraola, Researcher APPROVED foreign investment pledges more than doubled in the second quarter from a year ago, as the Philippine...

Economy

PRESIDENT Ferdinand R. Marcos, Jr. is looking into the possibility of allowing food manufacturers to directly import sugar amid tight domestic supply and high...

Economy

By Alyssa Nicole O. Tan, Reporter A SENATOR raised the possibility of legalizing the commercial importation of secondhand garments amid the proliferation of stores...

Economy

DESPITE the president’s protectionist pronouncements, the Marcos administration will likely continue to pursue economic liberalization, analysts said. This, despite concerns over local firms’ competitiveness...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Investing

Instagram still holds the top spot for social media in terms of building brand reputation and expanding business potential. Every day, more and more...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.