Using Blockchain Protocols to Provide Nationwide Healthcare
SimplyVital Health, a Boston-based blockchain healthcare company building the HIPAA-compatible protocol Health Nexus, has joined with The Cool Kids, to bring SimplyVital’s open source Key Pair System to identify the highest healthcare impact opportunity in the Philippines.
The Cool Kids are a collective of consultants and entrepreneurs committed to improving lives by developing tools for responsible stewardship of emerging technologies. Among these tools is Health Nexus, an open source blockchain protocol that is adoptable by healthcare globally.
Health Nexus aims to give providers and patients better and faster access to vital patient data, while being compatible with the security standards set by HIPAA. This can allow for instant updates to patient data around the world, leaving an immutable record of every treatment and service without using inefficient and slow alternatives that may currently be in use.
Core to Health Nexus is the Key Pair System, which uses the blockchain to govern access to medical data, allowing healthcare providers to share stored data with each other even if they are using different storage systems. Patients can also choose to share and monetize their medical data anonymously with developers using the open-source toolbox to create new healthcare treatments and patient processes.
The Cool Kids will help SimplyVital Health navigate local rules and regulations and locate a suitable and sustainable pilot project to demonstrate the many uses for the Key Pair System. SimplyVital Health has partnerships with 16 different developers from across the globe who are already developing dApps for Health Nexus. SimplyVital Health also has their own proprietary dApp, ConnectingCare, an analytics platform that allows coordination and communication with other providers.
Over the next few weeks, SimplyVital Health and The Cool Kids will narrow the scope of focus in order to identify the most impactful opportunities in the Philippines. Together they will develop a sustainable pilot project to demonstrate the versatility and security of Health Nexus and the Key Pair system.