S2, EP8 Blockchain and Healthcare

Blockchain is a way to have secure patient data within healthcare systems.  While Blockchain technology was created in 2008 for financial systems, eg Bitcoin.  Its use  in healthcare is now taking shape.

Blockchain is useful for healthcare because it is unalterable, decentralized and transparent log of all patient data.  It is only transparent to the owner of the”private key” and that owner can decide what will be shown to others with a “public key.”

Blockchain healthcare companies such as Akiri is located in Foster City, California and it operates as a network-as-a-service specifically for the medical sector.  Its mission is to protect patient data. Its partner is the American Medical Association.

Avaneer Health is located in Chicago, Illinois and its partners are Aetna, Anthem and Cleveland Clinic.  It is in the business of protecting health records as well.

This is an interesting technology space.