Beyond Data Markets: Opportunities and Challenges for Distributed Ledger Technology in Genomics

Proceedings of the 52nd Hawaii International Conference on System Sciences

10 Pages Posted: 1 Oct 2019 Last revised: 26 May 2020

See all articles by Scott Thiebes

Scott Thiebes

University of Cologne

Niclas Kannengießer

Karlsruhe Institute of Technology - Institute of Applied Informatics and Formal Description Methods (AIFB)

Manuel Schmidt-Kraepelin

University of Cologne

Ali Sunyaev

University of Cologne; Karlsruhe Institute of Technology

Date Written: January 7, 2020

Abstract

During the past decade, distributed ledger technology (DLT) has found its way into application areas outside finance, such as supply chain management, the Internet of Things, or health care. To this end, this novel technology phenomenon has recently also caught the attention of researchers and practitioners in genomics. Although various DLT-based data markets for genome data already exist or are in development, the potential of DLT in this context is far from exhausted, whereas the possible risks related to the application of DLT in genomics are not yet sufficiently known. In this work, we investigate the potential opportunities and challenges for the application of DLT in the field of genomics. Thus, we make an important contribution to the safe and socially acceptable use of DLT in this unique and highly relevant use context.

Keywords: Distributed Ledger Technology, Blockchain, Genomics, Data Markets, Token Economy

Suggested Citation

Thiebes, Scott and Kannengießer, Niclas and Schmidt-Kraepelin, Manuel and Sunyaev, Ali, Beyond Data Markets: Opportunities and Challenges for Distributed Ledger Technology in Genomics (January 7, 2020). Proceedings of the 52nd Hawaii International Conference on System Sciences, Available at SSRN: https://ssrn.com/abstract=3452715

Scott Thiebes (Contact Author)

University of Cologne ( email )

Albertus-Magnus-Platz
Cologne, 50923
Germany

Niclas Kannengießer

Karlsruhe Institute of Technology - Institute of Applied Informatics and Formal Description Methods (AIFB) ( email )

Kaiserstraße 12
Karlsruhe, Baden Württemberg 76131
Germany

Manuel Schmidt-Kraepelin

University of Cologne ( email )

Albertus-Magnus-Platz
Cologne, 50923
Germany

Ali Sunyaev

University of Cologne ( email )

Albertus-Magnus-Platz
Cologne, 50923
Germany

HOME PAGE: http://www.isq.uni-koeln.de

Karlsruhe Institute of Technology ( email )

Kaiserstraße 12
Karlsruhe, Baden Württemberg 76131
Germany

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