Wednesday 27 April 2016

Gem Partners With Philips’ Blockchain Lab For Healthcare Initiative ‘Gem Health’

Gem, a Venice-based blockchain platform provider, has launched Gem Health – a network for developing applications and shared infrastructure for healthcare.

Gem noted that the healthcare industry is currently experiencing the strain of digital services that run on top of antiquated, paper-based infrastructure, similar to banking and finance. Individuals want more interconnected services and a more personalized health plan, but for providers, this is impossible. The cost of providing personalized care to everyone is too high, and the risk of exposing such an interconnected ecosystem is too great, resulting in a fragmented and heavily siloed industry.

To that end, Gem said that blockchain technology will create a “new fabric” that connects the entire healthcare industry, weaving together critical data from every stage of the continuum of care. It believes that blockchain networks are a scalable solution for shared infrastructure that keeps critical patient data in the right hands.

“We imagine better quality of care for every patient, and easier, smarter systems for the providers that care for them. That’s why we created Gem Health”, it said. “Gem Health is a blockchain network for the global community of companies and individuals that take part in the continuum of care”. For the full article click here 



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