Data collection using available new technologies continues to benefit from the application of DLT, a fact that a Manhattan hospital is discovering for itself through a new collaboration with blockchain startup Medibloc.

The Massachusetts General Hospital (MGH), one of the United States’ top five hospitals, cites its project as being one of the first attempts by a major healthcare institution in the country to connect with a blockchain startup in order to create a system of decentralized patient data.

Using blockchain platforms means that only authorized medical professionals can use the patient data, itself secured by sophisticated cryptography and possibly smart contract technology. This also makes it easier for data sharing among health care specialists, assisting with the digitization of healthcare data across networks.

Currently, the MGH gathers its information independently through different bodies such as insurance companies, and pharmaceutical companies with no guarantee this information can be transferred securely. This could change if MGH can utilize DLT in the way that it wants to. Synho Do, director of the Laboratory of Medical Imaging and Computation, a joint venture of MGH and Harvard Medical School, commented:

“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.”

Medibloc itself was born out of the healthcare industry with both of its founders previously working as industry professionals. As doctors, Kho and Eunsol Lee, brought notoriety to their company from industry players, and also from government officials in South Korea, giving Medibloc added credibility. The main asset the startup brings to MGH is the functionality of decentralized information, which hospitals of this size have not explored to date, still preferring to use multiple databases to store and develop data.

Medibloc had formed several Asian partnerships before its latest American project, with eight medical institutions and 14 tech giants now using their services. Plans to begin operating at MGH in the second quarter of 2019 are underway.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

Load More Related Articles
Load More By Harold Vandelay
Load More In Blockchain

Check Also

Abkhazia Deliberating Regulation on Mining Setups

A Russian-controlled energy company operating in the Republic of Abkhazia is considering r…