Health news-Page 9
Chinese Startup Donates $14K to Fight Coronavirus While Launching a Blockchain Data Platform
Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain-based platform for tracking and managing data. Dubbed “33 Charity,” the platform is designed to boost the transparency and efficiency of businesses’ internal processes, including charitable organizations, according to a press release published on Feb. 7. The platform appears to be a shared network where organizations can register, store and manage information about individuals. Improving the social trust system Donors and recipients are able to make requests under their own names, while medical institutions can apply for certificates of authority through identity authentication agencies to obtain signatures. CA certificates contain information about …
Adoption / Feb. 7, 2020
UAE Health Ministry Debuts Blockchain Platform for Medical Data
The UAE's Ministry of Health and Prevention (MoHAP) together with the Ministry of Presidential Affairs, Dubai Healthcare City and other relevant authorities has launched a blockchain-based health data storage platform. According to The Emirates News Agency on Feb. 2, the blockchain-based platform aims to improve the efficiency of MoHAP and other health authorities' smart health services. It will help users streamline the search for health facilities and its licensed medical and technical personnel, as well as inquire about medicine supply chains. According to Dr. Lubna Al Shaali, the Director of the Public Health Policy Department, the new data storage blockchain …
Adoption / Feb. 2, 2020
Insurance Industry Eyes Blockchain as Top Firms Begin Tests
On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years. The most unique quality of a blockchain is that once a piece of information is added to the distributed ledger, it cannot be altered. The information stored on a blockchain is absolutely secure and trustworthy in its entirety. In order for a change to be made in one block, changes must be made to all the subsequent blocks associated to the affected block. Being synonymous with …
Blockchain / Dec. 24, 2019
US Health Insurance Giant Piloting Blockchain to Secure Medical Data
Anthem, the second-largest health insurance company in the United States plans to use blockchain technology to secure medical data of all 40 million members over the next three years. On Dec. 12, Forbes reported that Anthem plans to use blockchain technology to give patients secure access to their medical data, while also giving them the possibility to share that data as they see fit. Anthem CEO Gail Boudreaux said at the 8th Annual Forbes Healthcare Summit in New York: “What blockchain potentially gives us the opportunity to do is not worry about those trust issues. We have an opportunity now …
Blockchain / Dec. 13, 2019
Afghan Government to Apply Blockchain in Country’s Healthcare Sector
The Afghan Ministry of Public Health has signed a Memorandum of Understanding (MoU) with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. As Afghan Voice Agency reported on Nov. 27, the terms of the MoU would apply blockchain to identify counterfeit medicines, create medical registries in hospitals and digitize patients’ files. Commenting on the initiative, Afghan Public Health Minister Ferozuddin Feroz said: "The Ministry of Public Health is committed for the institutionalization of electronic government in the health sector and the blockchain technology would help the ministry bring transparency, acceleration and effectiveness in the related affairs." …
Adoption / Nov. 27, 2019
China’s Zhejiang Processes $6B via DLT Medical Billing Platform
China’s Zhejiang province has processed nearly $6 billion via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese publication QNSB reports on Nov. 18. Successfully piloted in 2018, the blockchain-enabled platform allows citizens to make doctor’s appointments, get prescriptions as well as pay, record and store their medical bills online. At a local blockchain event on Nov. 18, the Zhejiang Provincial Department of Finance announced that the platform had 480 medical institutions across the province as of Oct. 28. The officials said that the platform processed 41.7 billion Chinese yuan ($5.9 billion) as of October. The platform is …
Blockchain / Nov. 18, 2019
ConsenSys CSO Seeks to Raise $50M for New Blockchain Investment Fund
An executive at the Ethereum blockchain firm ConsenSys is launching a new blockchain-oriented investment firm, Aligned Capital. Sam Cassatt, the chief strategy officer (CSO) at ConsenSys, announced that the firm will be seeking to raise $50 million for its first fund in an announcement on Nov. 15. Cassatt, who has been at the firm for five years, will continue to serve as an advisor to ConsenSys while working full-time as a founding managing partner at Aligned Capital. Apart from blockchain, Aligned Capital will invest in safe AI and innovative healthcare According to the announcement, Aligned Capital will be investing in …
Adoption / Nov. 16, 2019
How Blockchain Can Help Doctors Take Better Care of You
The current health care system — from its arduous processes to its lack of coherency — prevents doctors from providing patients with the best care and negatively impacts the care they already deliver. Medical professionals are burdened with attempting to coordinate health care in a system that simply isn’t designed for it. Around the world, physicians and their staff struggle to coordinate care through antiquated methods — frequently by face-to-face, fax, phone or courier — that may lead to dangerous miscommunication. The situation in the United States serves as an ideal case study of health care coordination challenges, which even …
Blockchain / Oct. 26, 2019
Blockchain Healthcare Firm Wins US National Science Foundation Grant
New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol. The NSF awarded the grant as part of its Small Business Programs, which contributes $200 million annually to innovative startups and small businesses, according to an Oct. 10 press release from SimplyVital Health. Aiming to decrease healthcare costs SimplyVital will allocate the grant to research and development into integration of the Graphene protocol into its blockchain protocol, Nexus, which touts compatibility with the Health Insurance Portability and Accountability Act. …
Adoption / Oct. 11, 2019
MediConnect Completes PoC to Track Medication Through the Supply Chain
Blockchain startup MediConnect has completed the workflow for the Proof-of-Concept (PoC) designed to track medications through the supply chain and begun integration of online pharmacy UK Meds’ processes to its platform. Tracking medication through the supply chain Per a press release shared with Cointelegraph on Sept. 26, MediConnect established a foundation and methodology for proof of concept finalization, which will enable tracking and managing of prescription medication through the supply chain — from manufacturer to end users. In 2020, MediConnect is also planning to complete a pilot scheme, which includes up to 10 participants. As part of the pilot, MediConnect …
Adoption / Sept. 27, 2019
Tech Startup Nebula Genomics Launches Blockchain-Based DNA Sequencing
Tech startup Nebula Genomics is launching DNA sequencing using blockchain — eliminating the need for customers to reveal personal information. According to a blog post published on Sept. 19, Nebula has rolled out anonymous genetic testing, enabling clients to purchase whole genome sequencing and provide saliva samples without the need to share personal data such as their name, address or credit card number. Eliminating dependence on data de-identification To achieve this, Nebula developed and implemented a blockchain-based product that enables transparent and controllable data sharing, and offers an option to conduct pseudo-anonymous payments using cryptocurrencies. For those customers who do …
Adoption / Sept. 20, 2019
United Arab Emirates' Ministry of Health Launches Blockchain System
United Arab Emirates’ (UAE) Ministry of Health and Prevention (MoHAP) has launched a blockchain system for recording and sharing healthcare data. The official news agency of the UAE reported the development on Sept. 18, noting that the system aims to improve data integrity. A healthcare data sharing solution Per the report, the platform will “save and share the assessment information of health professionals, including doctors, pharmacists and technicians with local licensing health authorities.” Assistant under-secretary of the Support Services Sector, Awad Saghir Al Ketbi, said: “The Ministry has successfully developed the necessary infrastructure for a blockchain-based decentralized database. In the …
Blockchain / Sept. 19, 2019