Blockchain-based tape keeping service
Factom has today announced its latest partnership alongside major USA medical services provider
HealthNautica.
The deal, revealed solely to CoinTelegraph, volition run into HealthNautica documents, which attain from medical bills in addition to client-physician communications to claims in addition to disputes, imprinted on the blockchain, helping add together safety in addition to guarantee authenticity of sequence of events.
“We are excited to insert Factom’s technology scientific discipline into the healthcare industry, equally i of our goals spell developing this software was to offering a agency to ensure the integrity of medical records, spell withal maintaining patient privacy,” Factom’s president Peter Kirby said inwards an exclusive press free issued today.
HealthNautica is inwards a notable seat to bring wages of Factom’s solution, equally the fellowship already features cloud-based software equally its centre method of improving dialogue betwixt the US’ many individual wellness establishments in addition to their patients.
Kirby added:
“HealthNautica is a pioneer inwards digital wellness records, in addition to nosotros are thrilled to pave the agency inwards the side past times side generation of tamper-proof tape keeping in addition to audit trails alongside them.”
The partnership represents i of the commencement to hand inside the medical sector. Given the patchwork nature of the healthcare manufacture inwards the US, in addition to the compass for potential mismanagement of sensitive data, the blockchain provides a valuable choice which equally a repository is both distributed in addition to accessible.
HealthNautica president Shailesh Bhobe called Factom’s technology scientific discipline the “perfect fit” for enhancing the safety of the records in addition to other personal information the fellowship handles on a daily basis.
“The side past times side footstep is educating insurance companies inwards using the blockchain for their tape keeping, hence that all parties involved are able to easily verify the accuracy of the claims in addition to farther growth efficiency inwards medical billing processes, spell withal protecting customer confidentiality,” board fellow member Andrew Yashchuk added.
Factom itself is fresh off the dorsum of a string of recent high profile partnerships, seeing its technology scientific discipline implemented across the cryptocurrency industry. Decentralized social network
Synereo became the latest annunciation this month, while
Coinapult and
Tether came on board inwards March.
Speaking equally purpose of the Dutch
Bitcoin Wednesday monthly conference series, Kirby was understandably
upbeatabout the potential of the Factom project. “We tin give notice produce the same marking of transparency for every form of fiscal record,” he said, “…If yous did this for Enron, you’d know what was going on.”
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