Dr. Xiao Feng mentioned in the roundtable discussion that the value of medical data is enormous, but if it cannot be computed while protecting privacy, hospitals will not dare to open the data, and it will be difficult to truly apply drug development and medical solution development. Privacy computing technologies like homomorphic encryption and zero-knowledge proofs solve the problem of "data being usable but not visible."

However, he believes that just having AI + privacy computing essentially remains a Web2 business model: negotiations, signing agreements, obtaining licenses, and then paying. The true breakthrough is to further overlay blockchain, transforming data into callable, billable, permissionless, and trustless AI Tokens. In this way, hospitals do not need to know who the caller is; as long as the data is used, they can automatically earn revenue, and the commercial boundaries will be significantly opened up.

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