Smart Contracts for Data Security and Access Control

Smart contracts play a pivotal role in ensuring secure data sharing and compliance within the NexTAO ecosystem.

• Automated Data Agreements: Smart contracts automatically enforce the terms of data usage between patients and data buyers. This includes usage duration, specific data points being shared, and the conditions under which data access is granted.

• Data Access Control: Patients retain control over their data even after sharing. They can revoke access, audit how their data is being used, and specify limitations on what AI models or research projects can use their data.

• Compliance with Regulatory Standards: NexTAO’s use of smart contracts ensures compliance with global healthcare data privacy laws, such as HIPAA and GDPR, by embedding these regulations into the contract terms.

By leveraging smart contracts, NexTAO ensures that data privacy is not compromised while enabling seamless, automated interactions between patients and data consumers.