Blockchain Smart Contracts: A Hyper-Deflationary Force for Health Care Delivery
Blockchain and digital health services could be a perfect match for each other across a variety of applications. From distributed interoperable health records to proof of adherence for medication, the healthcare industry is ripe for digital innovation. More generally, technology is a hyper-deflationary force, and this could be particularly effective in....
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Gem, a provider of enterprise blockchain solutions, launched Gem Health, a network for developing applications and shared infrastructure for healthcare powered by the Ethereum blockchain, and announced that Philips Blockchain Lab, a research and development center of healthcare giant Philips, is the first major healthcare operator to join the Gem Health network. Gem Health is a blockchain network for the global community of companies and individuals that take part in the continuum of care. The company intends to leverage blockchain technology to address the trade-off between patient....
LowOrbit.Finance (LOCC) is a deflationary DeFi token built using smart contracts on the Ethereum blockchain. The token is not yet listed on Coingecko or Coinmarketcap and the project is in the early stages of its release. LOCC had a successful ILO on May 12 2021 where the hard cap was reached in less than 1 […]
Recently, an increasing number of startups and organizations in the medical industry have proposed numerous projects to secure health data on a Blockchain network. The United States Department of Health and Human Services are currently accepting white papers for a Blockchain-based health record system and has launched a Health IT challenge to implement Blockchain-based medical record systems onto their existing platforms. The Department explains in the papers: "The paper should discuss the cryptography and underlying fundamentals of Blockchain technology, examine how the use of....
Gem, a provider of enterprise blockchain development and operations tools, is entering Nashville’s booming health care sector. Micah Winkelspecht, the founder and CEO of Gem, said in a recent interview with Venture Nashville that the decision to increase the company's focus on health care was made after a six-month period of growing interest from the industry. Better Records for Better Care. Currently, most hospitals have closed bookkeeping, which prohibits information learned in one corner of the world to quickly be sent to another. It can also limit the speed that information one doctor....
Blockchain company Gem aims to tackle one of the biggest issues in health care insurance claim payments: providers have to wait a long time to get paid. Moving toward that goal, the ambitious startup just scored a major partnership with Capital One. In a recent press release, Capital One announced it is “reinventing” its treasury management platform to include, among other things, advances in health care claims applications. As part of that, the financial conglomerate is partnering with several digital technology providers, including Gem. “Blockchain technology connects the ecosystem to....