News on Healthcare in Crypto Industry
According to the Deputy Prime Minister, Chris Fearne, the blockchain technology would transform the healthcare administration in Malta and across Europe. Fearne expressed at the Delta Summit, “Blockchain can solve the problem of lack of accessibility to data across borders and institutions.” He emphasized that the data would be owned by individuals and not the authorities.
BlackBerry has recently announced a new blockchain partnership to develop a blockchain platform for storing and sharing medical data. BlackBerry confirmed in the press release that the blockchain platform will be using their “carrier-grade network operation center” (NOC) built by ONEBIO to store the data from patients, labs, and monitors securely.
A partnership has been established between UK Meds and a blockchain platform, Stratis with the aim of enhancing the patient safety and reducing the cases of the patients ordering multiple prescriptions. The online pharmacy that processes 3,000 to 4,000 orders per day would be embracing Stratis blockchain. The integration is expected to boost the UK Meds’ supply chain.
An announcement has been made by the Jireh Group regarding its newly-established partnership with EXOCHAIN to develop a blockchain-powered protocol in increasing the efficiency of the healthcare system. The CEO of Jireh Group and GetDoc commented, “This partnership with Exochain allows all the verticals that we operate for stakeholders and actual users to benefit from Blockchain.”
Macrogen, a South Korean biotech giant firm, is to implement blockchain for the distribution of genomic information in association with Big Data firm Bigster. The implementation of blockchain technology could reduce the risk of hacking or infringement of the database. The platform is expected to ease the distribution of genetic data.
The Mount Sinai Health System is exploring the possibilities to embrace blockchain tech in the healthcare sector. It has established a Center for Biomedical Blockchain Research to meet healthcare challenges. It is reported that the center would support companies build biomedical blockchain solutions to address issues related to clinical medicine and biomedical research.
Blockchain technology has gained popularity in the healthcare industry in the U.S as the number of blockchain adoption in the sector shows a significant increase. The blockchain is reliable in keeping patient’s information safe. The centers such as Disease Control and Prevention is establishing a blockchain-powered system as it offers better security, cheaper and faster option compared to the existing system management.
Embleema has unveiled a public beta of its HIPAA-compliant. The Delaware company has developed a decentralized application (DApp) called PatientTruth permitting the stakeholders to connect with the healthcare blockchain. The users could embrace their medical and wellness data through the PatientTruth. The Embleema platform based on Ethereum blockchain helps the users share healthcare info, medical records, and health applications.
Collaboration has been announced by a Texas-headquartered healthcare company, BlueCloud with ExoChain, a blockchain company. The collaboration made is to transform and increase the safety measures of the healthcare professional and help the patients choose their health care clinics with the implementation of the blockchain database once its protocols have been constructed.
A plan to use blockchain technology in the supply chain of medication for the cancer patients has been revealed by FedEx in partnership with the Good Shepherd Pharmacy. The CEO of FedEx, Fred Smith believes blockchain could enhance the supply chain industry and highlighted that the time has arrived for the industry to study the emerging technology.
