Major U.S. healthcare companies consisting of Humana, Multiplan, UnitedHealth Group’s Optum and others formed an alliance to deploy decentralized solutions to improve data quality and reduce costs. Idea is to use a shared blockchain network for insurers, customers, and providers, healthcare organizations that could cut operational costs and avoid errors.

MediXserve has recently revealed their plan to use the blockchain technology in enhancing the efficiency in the healthcare sector, especially in the health record management. The main vision of the MediXserve is to ensure the medical record keeping be managed efficiently, universal integration of records and reduce the management cost in the industry.

A U.S healthcare firm named Instant Access Medical (iAM) have recently unveiled their plan to adopt distributed ledger technology (DLT) as an effort in combating medical data fraud such as fake insurance claims, the forging of medical data and many more. Guardtime technology has been used by iAM in securing the patient’s records.

The adoption of blockchain technology has shown a significant increase in the various sector including in the healthcare industry. PatientSphere has revealed the integration of the Artificial Intelligence (AI) and Blockchain technology in personalizing treatment plans. CEO Of Open Health Network commented, “It’s extremely exciting that patients can now have visibility into all of their healthcare data.”

The Dubai Health Authority (DHA) and Dubai Healthcare City Authority- Regulatory teamed to connect the licensing data of health professionals on a blockchain. The entities would locate common services, procedures and data to be loaded on the blockchain for enhancing the services extended to health professionals. “The Dubai government has estimated the blockchain will save the emirate around Dh5.5 billion annually.”

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.

Genomics and Shivom and the Genetics Technologies have come together to help diagnosis and treatment of disease with the use of blockchain. The trail would cover individuals diagnosed with type II diabetes. The required samples of the patients would be stored on Shivom’s blockchain-based genomics datahub. The patients could access their data on blockchain and withdraw when necessary.

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.

The Taipei Medical University Hospital has unveiled a healthcare platform integrating blockchain technology to help individuals have easy access to medical records. The hospital statement elaborated that a complete set of all their medical records, including high-resolution medical images, lab results, and clinical and health exam information. The blockchain platform also awards additional security feature.