Blockchain technology adds a whole new dimension to Longevity Industry, as revealed by a new analytical framework published by Deep Knowledge Group subsidiary Aging Analytics Agency
The Longevity-focused analytical subsidiary of Deep Knowledge Group (DKG), Aging Analytics Agency, in partnership with the DKG AI and Data Science Division has released a new Blockchain in Longevity Industry Analytical Framework, representing the most comprehensive classification system to date for analyzing Blockchain application in the Longevity Industry on a global scale.
The framework has been made accessible in an open-access format to better serve the needs of individuals and decision-makers within the Longevity Industry who are engaged in the application of blockchain top Longevity-related solutions and services. The main aim of the current framework is to enable comprehensive practical deep analysis of industry participants, their relations, and make it easier to compare businesses internationally, and to assess the level of disruptiveness of Blockchain technologies to Longevity.
View Blockchain in Longevity Industry Analytical Framework Here:
www.frameworks.technology/blockchain-in-the-longevity-industry
View Full Framework Documentation Here:
www.frameworks.technology/blockchain-in-the-longevity-industry-full
View Longevity Industry Big Data Analytics System and Dashboard Dashboard Here:
The Longevity Industry is a rapidly growing sector that focuses on developing technologies and products that help people live longer and healthier lives. Blockchain technology has emerged as a popular tool in this field due to its ability to create decentralized and secure systems for managing data, transactions, and identities.
In 2013, Aging Analytics Agency set out on a mission to systematize and unify the wide array of Longevity Industry analytics across the domains of science, technology, finance, policy, and governance. Since 2020 Aging Analytics Agency has developed these analytics into a single integrated ecosystem backed by the Big Data analytics and sophisticated data visualization capabilities of Deep Knowledge Group in the form of a Longevity Industry Big Data Analytics System and Dashboard.
It was during this period however, that blockchain technology emerged as a popular tool in this field due to its ability to create decentralized and secure systems for managing data, transactions, and identities.
Blockchain technology is already being used in the Longevity Industry to create secure health data networks. With blockchain, health data can be securely stored, shared, and analyzed across multiple organizations and platforms, without compromising privacy or security. This can help improve the accuracy of medical diagnoses and treatment plans, as well as facilitate research and development in the field of longevity.
Another way in which blockchain is being used in the Longevity Industry is through the development of decentralized marketplaces for longevity products and services. These marketplaces enable consumers to access a range of products and services that promote health and longevity, including supplements, wearable devices, and personalized nutrition plans. By leveraging blockchain technology, these marketplaces can provide greater transparency and accountability in the supply chain, as well as help ensure the quality and safety of products and services.
The increasing use of blockchain technology in the longevity industry is enabling new opportunities for innovation and growth, while also improving the quality of products and services available to consumers. As blockchain technology continues to mature, it is likely that we will see even more applications of this technology in the field of longevity, helping to create a healthier and more prosperous future for all.
The framework publication states:
“Given the recent explosion of the Blockchain Sector and its increasing intersection with Longevity, Longevity analytics just got an order of magnitude more complex. The megacomplexity of all of these intersecting trajectories of progress creates the need for a consistent and comprehensive framework that can adapt to the fast-changing metrics that will inevitably result. Curating and presenting relevant data is also essential to minimizing noise and retaining a competitive edge.”
The need has been answered by the Blockchain in Longevity industry Analytical Framework: a comprehensive tool that is designed to provide a detailed overview of the different sectors and segments that make up the industry.
This framework is divided into four major industry sectors, each of which is further subdivided into 16 segments.
The Blockchain in Longevity Industry Analytical Framework is a structured approach to analyzing the developments of blockchain applications in the life sciences industry, with a particular focus on the longevity sector. This framework provides a ground basis for a more granular understanding of the various use cases of blockchain technology in the life sciences industries.
In 2023, Aging Analytics Agency profiled 300+ companies and 250 Investors in the Blockchain in Longevity Industry.
Longevity Industry Big Data Analytics System and Dashboard
The Longevity Industry Big Data Analytics System and Dashboard is based on data provided by Aging Analytics Agency and has been designed to serve as a first-of-its-kind resource for knowledge-based, validated investment insights covering four major Longevity industry domains.
The ultimate aim of this system has been to provide strategic decision-makers across the private sector, global investment community, financial industry, and governance and policy ecosystem with unique access to Big Data analytics and visualization, market intelligence, competitive analysis, technology and company benchmarking, SWOT analysis, practical recommendations, and other strategic toolsets capable of handling the unprecedented complexity and multidimensionality of the public and private sectors of the global Longevity ecosystem.
The Dashboard provides comprehensive and descriptive tools to aid industry players and stakeholders in assessing and comparing businesses across international markets, with a focus on the technological aspect of their operations. As the industry undergoes further growth and transformation, the Longevity Industry Analytical Framework will remain adaptable and dynamic, ensuring that it keeps pace with the latest developments and trends.
The Dashboard is based on data provided by Aging Analytics Agency, which has been active in the industry since 2013. The Dashboard has been designed to serve as a first-of-its-kind resource for knowledge-based, validated investment insights covering all Longevity Industry domains. The dashboard collects data on 50,000 longevity companies, 12,000 investors and aggregates more than 18.5 million data points.
However, given the recent explosion of the Blockchain Sector and its increasing intersection with Longevity, Longevity analytics just got an order of magnitude more complex. The megacomplexity of all of these intersecting trajectories of progress creates the need for a consistent and comprehensive framework that can adapt to the fast-changing metrics that will inevitably result. Curating and presenting relevant data is also essential to minimizing noise and retaining a competitive edge.
The remainder of this document reveals the framework which will make this enhanced analysis possible.
Key Industry Trends and Take-Aways from the Framework
Most of the companies that apply blockchain and crypto technologies to advance the Longevity Industry are located in America and Europe. Less than 20% of companies in the Blockchain and Longevity industry are spread across other regions, such as Africa, the Middle East, Asia & Oceania.
In America, a third of companies use blockchain technologies to develop healthcare management solutions and platforms. There is also a growing interest in leveraging blockchain to establish Biometric Authorization Services and Digital Identity.
Similar to America, European companies are focusing on advancing healthcare with blockchain and development of digital identities. However, companies in Europe have a higher interest in establishing crypto-driven Move-to-Earn initiatives and improving supply chains.
Blockchain-based Marketplaces and Healthcare Management Solutions have the highest total finding among all sectors. Marketplaces are rapidly building trust between sellers and buyers and drawing significant investments to the sector. Both governments and private companies are looking for efficient solutions to share patient data across global healthcare, which brings a lot of focus to blockchain-based systems that could provide necessary confidentiality and privacy in healthcare management.
In summary, by analyzing the key structural components, the Blockchain in the Longevity Industry Analytical Framework provides a comprehensive and structured approach to understanding the developments of blockchain technology in the life sciences industry. This framework helps stakeholders to identify the potential benefits and challenges of blockchain technology in the longevity sector, develop appropriate strategies to maximize its benefits, and ensure responsible and ethical use of this technology in the life sciences industry.
The creation of a specific industry framework for the use of blockchain technology in the Longevity industry would help to promote innovation and collaboration in this rapidly evolving field while ensuring that the benefits of this technology are realized in a responsible and ethical manner.
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