Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to come aboard this train and completely step up their operations. Food industry Blockchain tech in the food industry will make the process of food production, distribution and storage completely transparent. The decentralized ledger system will provide easy access to vital information about the food product you are buying, from when it was grown to when it reached the market and how long it has …

The government of South Korea is trying its best to adopt blockchain technology in various industries. The country’s central bank is reviewing the use of a central bank digital currency, and various government ministries want to adopt decentralized identification features within their current systems. Hospitals, pharmaceutical companies and research centers are also looking at blockchain solutions. Everyone knows that blockchain can help the medical industry, but at the same time, applying a new blockchain service structure to traditional industries is not so quick and simple. Lots of testing needs to be done before it can be to be applied in …

Afghanistan’s healthcare ministry and several local pharmaceutical companies will use Fantom’s blockchain to combat counterfeit drugs. According to Fantom on July 6, its Opera blockchain will be used to track 80,000 units of four different pharmaceutical products in Afghanistan. After this initial pilot, the system will be scaled up to cover more products later this year. 50,000 units of hand sanitizer, 10,000 joint creams, 10,000 Kofol tablets and 10,000 Dioacare foot creams will be tracked during the pilot. The system is meant to address Afghanistan’s problem with counterfeit pharmaceuticals. Fantom stated that local law enforcement seized 100 tons of counterfeit, …

We are currently living in an unprecedented time, with the COVID-19 pandemic sweeping the world and taking far too many precious lives. Markets are being decimated and economies are on the brink of a global depression. Doctors, nurses, shopkeepers, pharmacy workers and everyone else working on the front lines will go down in history as the heroes of 2020. COVID-19, although devastating and disruptive, has revealed what can be achieved by humanity when individuals, governments, non-governmental organizations and corporations genuinely work in tandem to find adequate solutions to the most pressing issues. Although trivial in comparison to the devastation that …

Many financial and human resources are being deployed in the effort to fight the ongoing COVID-19 pandemic. Technologies are also being used in this fight: artificial intelligence for research, 5G to increase information transmission speed and many others. Blockchain is not being left out of this fight, as it now plays an important role in helping institutions and governments around the world respond to COVID-19, and is currently being integrated into healthcare and food supply chains. How blockchain platforms can help defeat a pandemic Blockchain platforms can be used to monitor pandemic material distribution, donations, relief distribution and other responses …

One of the linchpins of the internet is the ability to access and share data seamlessly. Whether it’s financial metrics for an institution or something as innocuous as a meme, the internet’s distinct pathways of protocols and standardization are the ideal medium for exchanging information. That transmissibility of information has not translated well to specific industries, however. Regulatory moats, cumbersome and outdated database architecture, and poorly designed user interfaces are a hindrance to major industries — particularly healthcare. Even in the United States, where healthcare standards are high, onerous regulatory processes inhibit the ability of doctors to adequately share patient …

In an effort to keep citizens safe, state authorities have rapidly implemented various emergency plans to curb the spread of COVID-19. In South Korea, the movements of infected citizens are being broadcasted via public text message. In Israel, the government has approved a law to track smartphones belonging to those suspected of being infected. In the United States, the government is in talks with Google and Facebook to access location data, and in the United Kingdom, data giant Palantir is merging data for the National Health Service to inform the nation’s response. The extent to which governments can leverage technology …

Before 2009, cryptocurrency and blockchain were not popular terms. However, since their release as open-source software that year, the underlying technology has become a crucial driver for various industries, including finance, gaming, health care, engineering and agriculture. The size of the blockchain industry is expected to reach a stunning $23.3 billion in 2023. Blockchain technology is a decentralized, digitized ledger or database for storing “blocks” of information. It allows for the transfer of ownership of units using an encryption system without requiring control by the government or a central bank. In this article, we will discuss how blockchain will revolutionize …

Cryptocurrency healthcare startup, Solve.Care, recently launched a blockchain remote medicine platform. According to an announcement sent to Cointelegraph on May 22, Solve.Care announced a new marketplace that allows users to consult medical practitioners anywhere in the world. It’s called the Global Telehealth Exchange, or GTHE. GTHE is meant to also provide physicians with a way to engage in telemedicine by publishing their profiles, rates, availability, and then accepting appointments. The system was designed with openness in mind, so third-party telehealth solutions will be able to use its registry. The service will be accessible through the Care.Wallet healthcare management system and …

In a recent interview with Anthony "Pomp" Pompliano, Julia Cheek, CEO of home medical testing company Everlywell, called for major reform in the U.S. lab testing sector. “I’ve been fighting this battle for five years, talking about how lab testing is broken and Americans are getting screwed,” Cheek said in a May 19 podcast interview with Pompliano, adding: “Lab testing is cheap, it can be affordable, you should know how much your tests are going to cost, period. [...] There is no excuse for that, especially as you’re having to pay for it out of pocket more and more.” Everlywell …

As the number of global coronavirus cases grows each day, online scammers are turning to cryptocurrencies like Bitcoin (BTC) to steal money under the cover of the global pandemic. According to cybersecurity firm Sophos, some online perpetrators are now impersonating the World Health Organization (WHO) in an attempt to steal cryptocurrency donations to fight the COVID-19 pandemic. Scammers look to profit from the recently launched COVID-19 Solidarity Response Fund Chester Wisniewski, a cybersecurity expert at Sophos, reported on WHO impersonators in a March 19 tweet, posting email screenshots from scammers. According to Wisniewski, the fraudsters are trying to mislead people …

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 …