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Bitfury Group to Launch Medical Data Management Project with Blockchain Technology

By | April 8, 2019

The Bitfury Group, partnering with the medical data company Longenesis, has recently introduced a new production of blockchain-based healthcare management system.

Compliance with General Data Protection Regulation (GDPR) and Health Insurance Portability and Accountability Act (HIPAA), the product will not only list out the ongoing user consent management issues with the upcoming research endeavors, but also share data collection for medical research.

Once collected, ExonumTM blockchain will record all data and user consent updates for future auditing, which is considered as a full data-management system and an add on for the existing storing system. “While the regulations vary from country to country, the research organizations should strive to deploy content management systems that protect the data owners far better than any regulation,” Alex Zhavoronkov, CEO of Insilico Medicine, Inc. said: “At the same time, the consent procedure should be pain-free, rapid, cost-effective and universal to ensure that the patients are fully-protected and educated.”

In February, Bitfury has reportedly teamed up the radiology blockchain marketplace Medical Diagnostic Web and Longenesis to develop a blockchain medical imaging ecosystem. The trio worked together to design a system that ensures the safekeeping and secure sharing of medical information such as surgical and diagnostic data and tests, patient records, CAT scans, MRI, and X-rays

Many organizations have been actively developed blockchain technology for transforming electronic health information. In March, Seoul Medical Center has planned to launch a blockchain technology platform in an attempt to improve the quality of medical services, such as ensure data accuracy and reduce processing timing.

Earlier, researchers in University of California, San Francisco have proposed a prototype using blockchain-based technology to share clinical data. This system aims to make data collected in the clinical trial process immutable, traceable, and potentially more trustworthy, reported by The Crypto Sight on February 27.

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