New Bitfury Joint Project to Manage Medical Data Permissions With Blockchain Tech

Published at: April 4, 2019

The Bitfury Group and blockchain-powered medical data marketplace Longenesis have jointly launched production of a blockchain-based consent management system for the healthcare industry. The development was announced in a press release shared with Cointelegraph on April 4.

Per the release, the new product addresses issues with the management of user consent for ongoing and upcoming research endeavors, compliance with the General Data Protection Regulation (GDPR) and Health Insurance Portability and Accountability Act (HIPAA), as well as streamlining data collection for medical research.

Once collected, all data and updates to user consent are reportedly recorded on the ExonumTM blockchain with timestamping for future auditing. The solution can purportedly be used both as a full data-management system and as an add-on to existing digital systems for storing user consent. Alex Zhavoronkov, CEO of Insilico Medicine, Inc., said:

“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. 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 partnered with radiology blockchain marketplace Medical Diagnostic Web (MDW) to create a blockchain-based medical imaging ecosystem. Within the collaboration, Bitfury, MDW and Longenesis aim to develop a platform for maintaining, sharing and securing medical imaging and diagnostics information such as X-rays and CT scans.

Blockchain technology has been actively deployed by organizations around the world aiming to transform electronic health information. In March, South Korean Ministry of Science and ICT and the Seoul Medical Center jointly developed the “Smart Hospital” project geared to  improve data accuracy and reduce processing timing for the aforementioned hospital.

Academics from the University of California, San Francisco, also proposed a method of sharing medical data using a blockchain-based system. The system aims to improve the traceability and immutability of collected clinical data, and make it more trustworthy. In addition, the system aims to advance methods for reporting adverse events during research and improve medical record management.

Tags
Adoption
Blockchain
Health
Privacy
Bitfury
Related Posts
What lies ahead for crypto and blockchain in 2021? Experts answer
It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and weaknesses. That’s what we always do. Undoubtedly, the major driver of our development this year was the COVID-19 outbreak. The effects of the ongoing global pandemic on every aspect of our lives will form our future, and there are some tendencies we started last year …
Adoption / Jan. 4, 2021
Officials voiced privacy concerns over China’s blockchain-powered hospital
China’s first blockchain-powered hospital is set to launch sometime in 2021, but some government officials voiced concerns over data security. According to Cn-Healthcare, the First Affiliated Hospital of Dalian Medical University will launch a pilot program by January 2021 as blockchain integration is still incomplete. The hospital will use the blockchain to store patient and treatment information. The operators also said that such a blockchain-powered platform will allow patients to access the so-called “internet hospital” services via a WeChat applet, whose blockchain network stores consultation and treatment data by aiming to maximize contactless solutions due to the pandemic. However, officials …
Adoption / Oct. 4, 2020
Blockchain Genomics Firm, Merck’s EMD Serono Sign Anonymized Data Sharing Agreement
Blockchain firm Nebula Genomics has announced a collaboration with EMD Serono, the North American biopharmaceutical business of Merck KGaA — the world’s oldest operating pharmaceutical firm. The news was announced in a press release shared with Cointelegraph on June 11. As previously reported, Nebula is a blockchain-powered platform for genome-sequencing data, co-founded in 2017 by renowned geneticist Professor George Church and his Harvard colleagues Dennis Grishin and Kamal Obbad. The platform leverages blockchain technology in a bid to incentivize genomic data generation and sharing, and to lower the costs of genome-sequencing while preserving privacy and individuals’ control over their unique …
Adoption / June 11, 2019
Bitfury’s New Partnership to Build Blockchain-Based Medical Imaging Platform
Blockchain tech company Bitfury is partnering with radiology blockchain marketplace Medical Diagnostic Web (MDW) to create a blockchain-based medical imaging ecosystem. The partnership was announced by the Bitfury Group in a blog post on Feb. 11. Established in 2011, the Bitfury Group operates as a software manufacturer and provider of security and infrastructure for the Bitcoin (BTC) blockchain. The company raised $500 million in revenue in 2018. MDW is a radiology blockchain platform that allows radiologists to contact with imaging facilities and share patient data and medical images. Within the new collaboration, Bitfury, MDW and blockchain-powered life data marketplace Longenesis …
Adoption / Feb. 11, 2019
Vietnamese officials back new partnership to tokenize genomic profiles
Asia-based genomics firm Genetica and Web3 data management firm Oasis Labs have partnered to tokenize genomics profiles with the aim to enhance genomics-based precision medicine. In an announcement sent to Cointelegraph, the firms noted that Genetica will migrate 100,000 genomic data profiles to the Oasis Network. These profiles will allow the data owners to have full control and knowledge of how their genetic data is being used. The partnership is also backed by Vietnamese government officials who are very supportive of Web3 technologies and data rights. According to Nguyen Chi Dung, who is from the Ministry of Planning and Investment …
Adoption / May 18, 2022