According to multiple reports, a South Korean hospital is looking to use the blockchain for health data management. More specifically, known as Gil Medical Center, the hospital will work with medical data marketplace Longenesis in creating and implementing the blockchain platform in its data managing system as per an April 23 report.
The Longenesis platform is the result of a partnership between U.S. based blockchain platform Bitfury and Insillico Medicine, a company that uses artificial intelligence for the purpose of drug research and discovery.
In general, the drive behind the agreement is to build a blockchain-powered platform exclusively based on the Bitfury Exonum blockchain network. Additionally, the initiative ultimately aims to “ boost medical research processes and ensure transparent management of patient consent”.
Gil Medical Center is soon to be the first South Korean hospital to rely on Longenesis services. The blockchain platform will provide a safe and secure ecosystem to save and manage patients’ private data in a transparent manner. Additionally, patients will have the possibility to access their own medical records on the blockchain platform.
Gil General Hospital has a splendid reputation for being on the edge of adopting latest innovation. We are honored to mark our Korean presence with a partnership like such
Garri Zmudze, CEO of Longenesis.
More importantly, the platform will operate under the Health Insurance Portability and Accountability Act (HIPAA) and as well as the General Data Protection Regulation (GDPR) guidelines, guarantying complete transparency in all of its blockchain operations.