Please describe your proposed solution
TrialNet protects patient data in clinical trials, addressing risks like breaches, inefficiencies, and lack of transparency. With Aiken smart contracts and NFTs, it helps ensure every participant’s information is secure, builds trust, and supports better health outcomes.
Key Features of TrialNet:
-
Secure Patient Data: TrialNet’s user-friendly interface securely manages sensitive patient information, storing it on Cardano’s blockchain with encryption and immutabilit
-
Clear Transparency and Trust: Every trial phase is recorded on the blockchain, offering patients, researchers, and regulators a clear, real-time view of the dat
-
Simplified Processes with Smart Contracts: TrialNet automates critical tasks like participant payments and milestone tracking, reducing the burden on clinical teams and ensuring patients are compensated promptl
-
Faster and More Cost-Effective Trials: By minimizing manual work and eliminating intermediaries, TrialNet speeds up the completion of clinical trials, reduces costs, and minimizes errors, ultimately leading to quicker access to safe, effective treatments for patient
-
Open Collaboration for Greater Impact: All Aiken smart contracts used in TrialNet are open source, inviting the Cardano and global scientific communities to collaborat
- How you perceive the problem you are solving
The problem is the poor data management in clinical trials:
Data Security: Sensitive patient information is vulnerable to breaches and manipulation, compromising privacy and trial integrity.
Lack of Transparency: Limited visibility makes it hard for patients, researchers, and regulators to verify trial phases and data authenticity, leading to distrust.
Inefficiencies: Manual processes cause delays, errors, and high costs, slowing down trials and complicating compliance
- your reasons for approaching it in the way that you have
TrialNet's approach tackles real-world clinical trial challenges by integrating Aiken smart contracts to secure patient data, ensure compliance, and automate manual processes.
Patient-Focused Solution: TrialNet uses NFTs for patient tracking and smart contracts for payments, prioritizing patient safety and building trust with all stakeholders, including researchers and regulators.
Scalable and Efficient: Automating trials reduces costs and enhances efficiency, making the system scalable for larger studies. TrialNet aims to set a new standard for blockchain use in healthcare, ensuring a lasting impact.
- who will your project engage
TrialNet engages key stakeholders to enhance clinical trials:
Pharma Companies and Biotech Firms: Secure trial management, compliance, and faster drug development.
CROs: Automates management, ensures data security, and streamlines processes across trial sites.
Researchers: Provides a secure platform for data sharing, boosting collaboration and integrity.
Regulatory Bodies: Transparent, immutable data simplifies audits and accelerates approvals.
Patients: Ensures privacy and trust with secure data and automated compensation via smart contracts.
Developers: Open-source collaboration drives innovation in health and blockchain.
- how you will demonstrate or prove your impact
TrialNet will demonstrate its impact through measurable KPIs and outcomes, proving its effectiveness in clinical trials:
Pilot Trials Success: Collaborate with pharma companies to run secure, transparent pilot trials, showing faster completion rates and increased patient trust.
User Adoption: Measure platform use among pharma companies, CROs, and researchers. High adoption and positive feedback confirm its value and relevance.
- What Makes TrialNet Unique?
TrialNet is an open-source, blockchain-based platform that secures clinical trial data, automates processes, and ensures transparency and compliance:
Data Security: Cardano’s blockchain encrypts and protects patient information, preventing unauthorized access.
Smart Contracts: Automates payments, data collection, and consent, reducing errors and boosting efficiency.
Transparency: Every step, from consent to results, is traceable, building trust among stakeholders.
- Who Benefits?
Pharma Companies & CROs: More efficient trial management, lower costs, and improved data integrity.
Researchers: Secure and transparent data handling enhances collaboration and reliability.
Patients: Secure data, control over information, and automated payments increase trust and engagement.
Regulators: Verifiable audit trails simplify monitoring and compliance.
- Why is TrialNet Important for Cardano?
Showcases Cardano’s Strengths: Demonstrates real-world impact in healthcare using Aiken’s smart contracts.
Expands Cardano’s Reach: Applies blockchain in a regulated, data-sensitive industry, boosting adoption.
Global Healthcare Impact: Successful implementation enhances Cardano’s credibility and contributes to medical innovation.