• Latest
A Top-5 US Hospital Is Exploring Blockchain for Patient Data

A Top-5 US Hospital Is Exploring Blockchain for Patient Data

Dezember 5, 2018
6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

März 31, 2023
Judge denies SEC motion to keep Hinman docs secret in Ripple case

Judge denies SEC motion to keep Hinman docs secret in Ripple case

März 31, 2023
The ultimate guide to Miami – Cointelegraph Magazine

The ultimate guide to Miami – Cointelegraph Magazine

März 31, 2023
Dr. Jane Thomason – Cointelegraph Magazine

Dr. Jane Thomason – Cointelegraph Magazine

März 31, 2023
1658007797 celsius is bankrupt with 12b balance sheet hole su zhu.jpg

Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

März 31, 2023
6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

März 31, 2023
Jed McCaleb empties XRP wallet after eight-year selloff

Jed McCaleb empties XRP wallet after eight-year selloff

März 31, 2023
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

März 31, 2023
The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

März 31, 2023
SEC objects to XRP holders aiding Ripple defense

SEC objects to XRP holders aiding Ripple defense

März 31, 2023
Blockchain technology is transforming the real estate market – Cointelegraph Magazine

Blockchain technology is transforming the real estate market – Cointelegraph Magazine

März 31, 2023
1658612147 nfts banned in minecraft sec lists 9 tokens as securities.jpg

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23

März 31, 2023
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

A Top-5 US Hospital Is Exploring Blockchain for Patient Data

coinnewsdaily by coinnewsdaily
Dezember 5, 2018
in Business
0
A Top-5 US Hospital Is Exploring Blockchain for Patient Data
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Massachusetts General Hospital (MGH), one of the top-five hospitals in the US, is partnering with Korean blockchain startup MediBloc in an effort to find better ways to store and share patient data.

Synho Do, director of the Laboratory of Medical Imaging and Computation, a joint venture of MGH and Harvard Medical School, told CoinDesk that the hospital is expanding research in a range of areas “from medical image analysis to health information exchange by leveraging our cutting-edge technologies such as blockchain, artificial intelligence and machine learning.”

Related articles

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses

Juli 26, 2022
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

Mai 6, 2022

Regarding this specific partnership, Do added:

“In collaboration with Medibloc, we aim to explore potentials of blockchain technology to provide secure solutions for health information exchange, integrate healthcare AI applications into the day-to-day clinical workflow, and support [a] data sharing and labeling platform for machine learning model development.”

The trouble with patient data is that multiple entities – hospitals, research bodies, insurance and pharmaceutical companies – need the information about those that are receiving medical help. But currently, they’re all keeping their own data that can’t be shared securely and often is in various incompatible formats.

“Every day, when people go to hospitals, lots of information is created, but it’s difficult to transfer it from one hospital to another,” Allen Wookyun Kho, MediBloc’s founder and CEO, told CoinDesk.

He added that MediBloc is not only developing a distributed ledger for storing and sharing medical data, but also working on a tool that would convert data now held by hospitals from existing formats to a universal one.

A range of blockchain startups have been working on enabling fast and secure transmission of healthcare data. But partnerships with actual major medical institutions such as MGH – which U.S. News and World Report ranked No.4 in the country in its most recent annual survey – are rare.

The reason they are rare is that to share the data, hospitals need full access to it from IT vendors designing data systems for them, said Kamran Khan, CEO of blockchain startup Translo, which also is working on a system for health data within Harvard Innovation Labs.

The vendors, in turn, are not motivated to let this information out of the silos they designed, which is why hospitals have different electronic healthcare systems with different codes, and even within one hospital, there can be several systems for different kind of diseases.

Khan told CoinDesk:

“Even in Boston, there are 27 different systems for only 17 hospitals, and they lack interoperability. This is done on purpose: once the data is out of the siloed system, the hospital can create their own system.”

This is why, to create a new system, a hospital needs to persuade its vendor to provide full access to the data in the existing one and to be really convinced itself that the new system will benefit the institution.

Partners across Asia

MediBloc, however, has had notable success in getting partners, at least in Asia; according to Kho, now eight medical institutions across the region and 14 tech companies, including Deloitte Anjin LLC, Deloitte’s Korean branch, have signed up to test MediBloc’s system.

Dawn Lee, the startup’s business development manager, told CoinDesk that the company got the South Korean government’s attention as one of the first blockchain companies to run an initial coin offering (ICO) in Korea, in December 2017.

This, and the fact that MediBloc’s founders, Kho and Eunsol Lee, are doctors, helped to develop relationships with government officials and actual hospitals.

As a result, it was selected as a provider of blockchain technology for two government-funded projects, with Bundang Seoul National University and Seoul St. Mary’s Hospital, Lee said.

That record of working with big medical institutions led the Laboratory of Medical Imaging and Computation to approach MediBloc, she said. “The MGH Lab came across our company, we started talking in early spring, signed a deal in summer and we’ve just started the research.”

MediBloc’s main focus now is building an ecosystem upon which other startups can build their apps for various ways to use and exchange health data.

A testing environment version of the blockchain was launched in August, the network is expected to go live before the end of the year and become fully functional in the second quarter of 2019, Kho said. MediBloc’s public blockchain will use the delegated proof of stake consensus method and is currently relying on 10 nodes — on the mainnet, the number will be 21, Kho said.

There are also apps in the works by MediBloc planned to go live in the first half of 2019. One of them, currently in a beta testing phase with 300 users, is designed for patients to sell the information about their symptoms and the prescriptions they get to MediBloc. After that MediBloc will analyze that data and sell the analysis to pharmaceutical and insurance companies.

In the future, users will be able to sell or share their data directly to the buyers, without MediBloc as an intermediary, Kho told CoinDesk.

The main goal of this all is to let patients independently decide what to do with their information.

“We make patients the mediums of their own data,” Lee concluded.

Massachusetts General Hospital image via Shutterstock



Credit: Source link

Tags: BusinessCryptoCrypto Business
Share76Tweet48
Previous Post

How to Mine Aion Coin (AION): Complete Beginner’s Guide

Next Post

Aion Token Project Estimates 18-Month Runway After Bitcoin and Ether Sales

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses
Business

IoTeX’s MachineFi Lab challenges Big Tech by democratizing IoT to benefit users and businesses

Juli 26, 2022
ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

Mai 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
Load More
Next Post
Aion Token Project Estimates 18-Month Runway After Bitcoin and Ether Sales

Aion Token Project Estimates 18-Month Runway After Bitcoin and Ether Sales

Kategorien

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • 6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine
  • Judge denies SEC motion to keep Hinman docs secret in Ripple case
  • The ultimate guide to Miami – Cointelegraph Magazine
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

Please enter CoinMarketCap Free Api Key to get this plugin works.
✕
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev