By This article features a list of Blockchain developing and applying Healthcare Companies.
Blockchain is a peer-to-peer decentralized distributed network system that makes any digital asset’s records transparent and unchangeable while avoiding using a third-party middle-man. It is a new and ground-breaking technology that is gaining a lot of attention because of its ability to eliminate risks and fraud on a large scale. In comparison to a standard centralized network, a decentralized network has several advantages, including greater system reliability and privacy. The distributed nature of Blockchain is due to shared communication and distributed processing. Blockchains’ P2P architecture offers various advantages like increased security and a relatively high level of resistance to malevolent activity such as cyber-attacks.
The most popular and quite unsurprising, blockchain healthcare use right now is keeping our sensitive medical data safe and secure. In the healthcare industry, security is a big concern. Because blockchain can preserve an accurate, decentralized, and transparent log of all patient data, it’s excellent for security applications. Furthermore, blockchain protects the sensitivity of medical data by disguising the identity of every individual with complicated and secure codes. Patients, doctors, and healthcare providers can all share the same information swiftly and safely thanks to the technology’s decentralized structure. So it’s quite an obvious phenomenon to use a blockchain in the healthtech and pharma- industries.
The following 10 companies are readily applying blockchain technology in their healthcare security systems:
Akiri:
A U.S based software-defined network for healthcare, Akiri provides a network-as-a-service designed exclusively for the healthcare business, assisting in the secure transit of patient health data. The Akiri system does not retain any data; instead, it acts as both a networking system and a protocol, allowing administrators to create regulations and layers of configuration data while simultaneously checking data sources and destinations in real-time.
BurstIQ:
Located in Colorado, BurstIQ is the leading provider of blockchain-enabled data solutions for the healthcare industry to manage huge amounts of patient data in a safe and secure manner. Its blockchain technology allows for the secure storage, sale, sharing, and licensing of data while adhering to HIPAA regulations.
Medicalchain:
Medicalchain is a UK-based health technology company in London. The blockchain used by Medicalchain ensures the security of health records while also providing a focal position of truth. Everyone, from doctors, hospitals, to laboratories, can obtain patient information with a traceable origin that keeps the patient’s identity safe from prying eyes.
Factom:
Situated in Austin, Texas, Factom, an IT Software Enterprise, develops tools to assist the healthcare business in securely storing digital information on the company’s blockchain network, which is exclusively accessible to hospitals and healthcare managers. Physical papers can be embedded with unique Factom security chips that save patient information as private data that is only accessible by authorized individuals.
Chronicled:
Chronicled, based in San Francisco, creates blockchain networks that showcase chain-of-custody. The networks assist pharmaceutical businesses in ensuring that their drugs arrive on time, and also allow law enforcement to investigate any suspect activities, such as drug trafficking. In 2017, Chronicled launched the Mediledger Project, a blockchain-based ledger focused on medical supply chain security, privacy, and efficiency.
EncrypGen:
Located in Florida, the EncrypGen Gene-Chain is a blockchain-based network that makes it easier to find, share, store, buy, and sell genetic data. Only other members of the company are allowed to purchase genetic information through safe, traceable DNA tokens, which safeguards the privacy of its users. The genetic information can be used by member companies to expand their genetic understanding and enhance the industry.
Blockpharma:
Blockpharma, a Pharmaceuticals Supply Chain in Paris, France, provides an anti-counterfeiting and medicine tracking solution using blockchain technology. The company’s software scans the supply chain and verifies all points of shipment, alerting patients if they are receiving counterfeit medications. Blockpharma picks out the bogus 15% of all pharmaceuticals in the world with the use of a blockchain-based SCM system.
Robomed:
Based in Moscow, Russia, Robomed blends AI and blockchain to provide a single point of care for patients. To collect patient data and share it with the patient’s medical team, the company uses chatbots, wearable diagnostic gadgets, and telemedicine sessions. The Panacea platform from Robomeds involves patients in smart contracts that encourage and guide them toward improved health.
Avaneer:
Avaneer is a new business sponsored by Aetna, Anthem, and Cleveland Clinic that is devoted to using blockchain technology to enhance healthcare efficiency by employing a public ledger to allow better billing processes, secure healthcare data exchanges, and maintain and update provider directories.
Coral Health:
Coral Health employs a blockchain network between patients and doctors to ensure accurate data and treatments, which helps to speed up the care process, streamline administrative tasks, and enhance health results. The start-up connects doctors, scientists, lab technicians, and public health authorities faster than ever before by putting patient data into distributed ledger technology.
