Immutable Blockchains Lead Teleradiology Development, New Era in Healthcare
Peter Nichol, a healthcare business and technology executive, believes that the Blockchain technology will lead the healthcare industry to a new era of technology and innovation with immutable ledgers and secure transfer of data. Over the past few years, cryptographers and Blockchain startups have been obsessed with the execution and settlement of smart contracts. Since smart contracts are designed to establish unalterable agreements between two parties, they serve as a viable and practical method of transferring and exchanging data within a set framework. Nichol, who has worked for the....
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Fresh from implementing its own blockchain prototype for post-trade processes, an Australian Securities Exchange (ASX) executive has called for the use of blockchain technology in the healthcare industry. Tim Hogben, group executive for operations at Australia’s leading private market operator ASX was speaking at the GovInnovate Summit in Canberra, when he called for the healthcare industry to tap blockchain technology, as reported by ZDNet. Hogben argued that an immutable record of data and records would help the healthcare industry, one traditionally plagued by erratic and inefficient....
Zhong An, China’s first online insurance company, has established Zhong An Technology to conduct research and development on artificial intelligence, Blockchain and cloud computing. Their focus is on implementing Blockchains into their online insurance platform and to be an innovator in the healthcare and finance sectors. Xing Jiang, CTO of ZhongAn said: "With the creation of ZhongAn Technology, we are developing a new FinTech ecosystem, integrating technological research with financial innovation. We aim to be an accelerator for both the finance and healthcare sectors.” The....
The founder and head of Philips Blockchain Lab is leaving the healthcare giant effective 1st August for new opportunities in the blockchain sector. Arno Laeven, who led a 12-person internal team which investigated how blockchain tech could be applied to healthcare, said he will be departing for "new adventures" in the industry, but declined additional comment. Laeven was formerly global IT innovation lead, before founding the Philips Blockchain Lab in January. Laeven will be succeeded by Patrick van Beers, senior director of digital platform solutions at Philips Research. The....
The storage of Electronic Health Records (EHR) in the United Arab Emirates could soon be revolutionized after the development and implementation of storing patient records on a blockchain. A partnership between UAE Telecom du, a telecom and broadband provider and NMC Healthcare, a major private healthcare provider in the region will be the first to introduce blockchain technology into the management of patient information within the UAE, according to a report by regional tech publication ITP. Some of the core characteristics of blockchain technology, including data integrity and....
The healthcare business is booming these days, as this sector is in dire need of some technological innovation. Even though most everyday consumers might feel the world of healthcare has evolved with leaps and bounds, there is still a lot of work left to do. Prenetics is one of the many startups exploring the healthcare market, and their focus lies on DNA testing. Perhaps blockchain technology can be of use down the line. Every time the topic of DNA testing comes up, there will be privacy advocates claiming how this method is invasive and needs to be fine tuned. Prenetics has taken these....