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Gem to Build Global Healthcare Platform using Blockchain

Avatar newsbtc 4 years ago

The healthcare industry can benefit tremendously from embracing blockchain solutions, and Gem is providing the sector with exactly that. Gem Health, as this initiative is called, focuses on optimizing the supply chain and optimizing clinical data management.

Gem Health Brings Blockchain To Healthcare

With all of the recent attention on the healthcare industry through crypto-ransomware attacks and other cybersecurity threats, it became abundantly clear something had to change. The announcement of Gem Health could be the step in the right direction this industry needs, as its primary goal is to build a blockchain ecosystem for healthcare around the world.

It is positive to see Gem Health go well beyond the traditional borders of using the blockchain to store patient records and other medical data. There is a strong focus on community-driven educational efforts, and even a sandboxed Ethereum network for the development of new and innovative healthcare applications.

At its core, the blockchain seems perfectly tailored towards interconnecting various aspects that make up the healthcare industry these days. Critical data does not always end up as its intended destination in a speedy and cost-effective manner, which is one aspect distributed ledger technology could help improve.

Gem CEO Micah Winkelspecht told the media:

“Blockchains address the trade-off between data availability and data security. For healthcare, this enables hospitals, insurance companies and labs to connect in real-time and share information instantly and seamlessly – without exposing those channels to theft or forgery.”

Speaking of critical data, patient records and all other information flowing through the healthcare system is what makes this industry operate on a day-to-day basis. Moreover, it is very difficult to put a patient’s complete medical history together, as various bits of information are fragmented, which is not beneficial to any of the parties involved. Gem sees the blockchain as a scalable solution to address these issues.

But there is more, as Gem has a very handy tool to record any data on a blockchain. GemOS, as this solution is called, serves as a very basic operating system to complete this task. The GemOS operating system gives the healthcare industry convenient access to securing patient data while adding it to a blockchain that can be shared across departments in real-time.

Last but not least, the Gem team wants to explore the role of blockchain in the healthcare Internet of Things sector. With wearables, pacemakers, and hearing aids recording a lot of critical data, securely collecting and authenticating this data is an area well worth exploring in the coming years.

Source: Press Release Via Email

Header image courtesy of Shutterstock

Note: NewsBTC has contacted Gem for additional comments. The article will updated accordingly.
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