Category Archives: Cloud Computing

Top 12 companies bringing Blockchain to Healthcare

Medical Futurist

Security, trust, traceability, and control – these are the promises of the blockchain, the technology with the most potential in healthcare at the moment. As these are highly attractive traits for storing sensitive health data or for the operation of supply chains, many companies aim to leverage its powers for healthcare. We collected the most promising enterprises here.

What the hell is blockchain?
As we tried to explain the technology behind cryptocurrencies in more detail here, in a nutshell, it is a system of complex code for building trust without any middleman.

When The Medical Futurist asked Ivo Lohmus from Guardtime, an Estonian company developing K.S.I. blockchain technology, he said to imagine it as a shared book of records, or in more technical terms, a distributed database that’s designed in such a smart way that whatever is added to this database, that is immutable. As if it is carved into stone. Any change becomes immediately evident. Moreover, there is no central authority to decide what’s right or wrong. No bank, no regulator, no oversight. The participants need to signify they accept a shared consensus.

So, why is it a win for healthcare? As the blocks are impossible to change you cannot delete or change anything without leaving a trace. That is critical in case of health data. It could secure health records, clinical trial records or ensure regulatory compliance. In pharma, the most apparent use of blockchain is securing the supply chain and fighting against counterfeit drugs. Now, let’s see how individual firms and companies turn blockchain’s advantages into beneficial solutions in the healthcare sphere.

Below you can find the list of the 12 companies which are running new solutions based on the Blockchain technologies.

1) Nebula Genomics
2) Doc.AI
3) Iryo
4) Patientory
5) Guardtime
6) Gem
7) Chronicled
8) Coral Health
9) Medicalchain
10) EncrypGen
11) SimplyVital Health
12) Blockpharma

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New report explains how 5G will transform Wearable Devices and the Healthcare industry

In a report titled “The 5G Business Potential,” networking and Telecommunications Company Ericsson has found wearable devices and artificial intelligence will improve resource efficiency and meet consumer demands for greater convenience and freedom of choice in the healthcare sector.

The report analyzed the 5G business opportunity that comes from industrial digitalization in eight key global industries. According to the report, there’s a US $76 billion revenue opportunity in 2026 for operators addressing healthcare transformation with 5G.

eHealth – Digital Health and Care for EU Commission

eHaelth infographic

Digital health and care is the term used to refer to tools and services that use information and communication technologies (ICTs) to improve prevention, diagnosis, treatment, monitoring and management of health and lifestyle. Digital health and care has the potential to innovate and improve access to care, quality of care, and to increase the overall efficiency of the health sector.

Digital Single Market Strategy
Enhancing the use of digital technology through the creation of a Digital Single Market (DSM) is one of the European Commission’s main priorities. Launched in 2015, the DSM aims to open up digital opportunities to people and business, and to bring the EU’s single market into the digital age. Health is one of the sectors included in this agenda, given the potential benefits that digital services have to offer citizens and enterprises in this area.
A mid-term review of the DSM conducted in May 2017 highlighted a strong willingness to facilitate the accessing and sharing of health data for research or treatment purposes, and to encourage patient feedback regarding the quality of health services.

Communication on Digital Health and Care
The Commission’s Communication on the Transformation of Digital Health and Care of April 2018 aims to enhance the digitisation of the health and care sectors. The Communication identifies 3 pillars around which activities will be based:

– Infographics on Digital health and care
– Commission Communication on the Transformation of Digital Health and Care
– Staff Working Document SWD(2018)126

Pillar 1. Secure data access and sharing
To facilitate greater cross-border healthcare access, the Commission is building eHealth Digital Service Infrastructure which will allow e-prescriptions and patient summaries to be exchanged between healthcare providers. The first cross-border exchanges are due to take place during 2018, with the aim to have all other EU countries on board by 2020. In the longer term, the Commission is working towards a European electronic health record exchange format accessible to all EU citizens.

Pillar 2: Connecting and sharing health data for research, faster diagnosis and improved health
The decentralised European digital health infrastructure will facilitate tailored diagnosis and treatment, help health services to be better prepared to respond to cross-border health threats, and improve the development and surveillance of medical products.

Pillar 3. Strengthening citizen empowerment and individual care through digital services
Digital services can improve prevention and management of chronic conditions, and allow patients to provide feedback to healthcare providers. Health systems will also benefit from innovative care models that use telehealth and mHealth to address the rising demand for healthcare.

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