1. The BLOCKCHAIN Toward a Platform of Collaboration in Biotech
BSMA Conference
Cambridge, Mass.
April 26, 2017
The BLOCKCHAIN Toward a Platform of Collaboration in Biotech
MICHAEL CASEY
SENIOR ADVISOR,
DIGITAL CURRENCY INITIATIVE, MIT MEDIA LAB

2. TRUST
Joichi Ito, Flick:

3. The Problem with Centralized Ledgers:

4. The Problem with Centralized Ledgers:

5. Multiple Intermediaries
SWIFT
Boston Bank
Correspondent Bank
Perth Bank FX

6. $

7. $ $
The Double-spend Problem

8. Solution: Decentralized Consensus$

9. Solution: Decentralized Consensus$ $

10. The Blockchain: A Decentralized, Distributed Ledger
Credit: Oliver Wyman
The Blockchain: A Decentralized, Distributed Ledger

11. The Blockchain: A Decentralized, Distributed Ledger
Credit: Oliver Wyman
The Blockchain: A Decentralized, Distributed Ledger

12. The First Use Case

13. “Smart Contracts”

14. Other Use Cases

15. --Securities Settlement
Other Use Cases
--Securities Settlement

16. --Securities Settlement --Real-time auditing, notarization
Other Use Cases
--Securities Settlement --Real-time auditing, notarization

17. Other Use Cases
--Securities Settlement --Real-time auditing, notarization --Property registries

18. Other Use Cases
--Securities Settlement --Real-time auditing, notarization --Property registries --Artists’ rights management

19. Other Use Cases
--Securities Settlement --Real-time auditing, notarization --Property registries --Artists’ rights management --Internet of Things, decentralized energy

20. Other Use Cases
--Securities Settlement --Real-time auditing, notarization --Property registries --Artists’ rights management --Internet of Things, decentralized energy --Identity/reputation

21. Other Use Cases
--Securities Settlement --Real-time auditing, notarization --Property registries --Artists’ rights management --Internet of Things, decentralized energy --Identity/reputation --And…

22. Supply Chains
TRACING THE SOURCE
TRACING THE SOURCE

23. Provenance Of Goods

24. Adding Value to the Value Chain

25. Bio/Health Supply Chain Uses
--Drug traceability --IP management --Security for IoT Medical Devices. --Clinical trials record-keeping --Medical record management --Health insurance claims management

26. Drug Traceability
A DSCSA Fix?

27. IP Management
Counter-Counterfeiting?

28. Security for IoT Medical Devices
Avoiding the Ultimate Cyberattack?

29. Clinical Trials
Fast, Secure Patient Consent
Reliable Records

30. Putting Patients in Control
Medical Records
Putting Patients in Control

31. Health Insurance Claims Management Fighting Fraud and Wasted Time

32. Obstacles
--New legal concepts for title, possession, data ownership --Regulatory inertia --Garbage-in, garbage-out risks --Computing expense --How do you herd all the cats?

33. Who Will be the Agents of Change?
--Governments?
--Health care providers?
--Insurers?
--Research institutions?
--Pharmaceutical companies?
--Patients?

34. www.michaeljcasey.com michael@michaeljcasey.com @mikejcasey
MICHAEL CASEY
SENIOR ADVISOR,
DIGITAL CURRENCY INITIATIVE, MIT MEDIA LAB