Data Protocol Verida and Healthcare Fintech MAPay to Launch Decentralized Hea...
Verida, a web3 data protocol has teamed up with MAPay, a global healthcare Fintech firm, to offer a decentralized health tech network in Bermuda by leveraging the Algorand blockchain platform. MAPay will reportedly develop their healthcare solutions with assistance from Verida, which offers decentralized identity, “trusted” storage, private data ownership, decentralized messaging and connectivity to […]
Related News
Healthcare is one of the industries that generate terabytes of data each day. Hospitals and healthcare services providers are investing thousands of dollars every year to manage patient information and other data. Even after all these, there is a disconnect between one healthcare provider and another. When a patient decides to switch his healthcare provider due to any reason, the patient's medical records have to be either migrated manually from the previous hospital/ healthcare center or the patient will be forced to undergo a plethora of diagnostic tests to evaluate his or her medical....
With the announcement of Gem Health, Gem is continuing their impressive growth in delivering blockchain platforms for smart networks. Gem has always made it clear that they consider healthcare to be an attractive target for their solutions. With this announcement they have taken a large step towards building a “blockchain network for global healthcare.” The goal is for the group to build a data infrastructure capable of supporting worldwide connectivity for healthcare. Gem has signaled that this will include a community driven educational element. The group also plans to lean on Ethereum....
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....
Blockchain enterprise provider Gem is constructing a distributed network for global healthcare. The firm announced the project with the launch of its initiative Gem Health, which uses a digital ledger protocol to optimize medical data management. Gem Health’s mission is to provide a more secure and globally integrated healthcare system with the use of....
The technology powering the Bitcoin protocol can be used for a lot of different use cases, and the healthcare sector is one of those standing to benefit from distributed ledger technology. Gem, a prominent blockchain technology provider, is thinking along those lines as well, as they have started a collaborative project with various players in the healthcare sector. Making medical records accessible to hospitals, doctors, and specialists is a prospect well worth exploring. Using The Blockchain In Healthcare. Although not too many specifics about the deal between Gem and its partners are....