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Blockchain-based healthcare platform HEX Innovation Ltd collaborated with the University of Perpetual Help Dalta Medical Center (UPHDMC) in the Philippines, giving Filipinos access to services based on blockchain technology.
According to HEX, personal health information will become more accessible among health institutions, and at reduced costs, with the use of its platform.
In the company's press release, he stated that UPHDMC was one of the highest-level hospitals in the country for a variety of services.
The company's marketing director, Alexander Richards, said that after discussing with the Philippine Department of Health and the country's major private and state-owned hospitals, HEX's understanding of the Philippine health system has increased.
HEX noted in its white paper that the information asymmetry between patients and health professionals was a persistent problem, as information tended to be kept in medical institutions. "By using the blockchain for managing personal medical records, it is possible to overcome complicated legal provisions regarding the security of personal records by excluding the involvement of third parties and managing information on the health of people as a subject", reads the white paper.
The company issued HEX tokens, assigned to patients for the use of data on them as part of research or surveys by members of the health sector.
In its initial offer of promotional currency (ICO) this year, HEX managed to raise $ 20 million.
Other companies that develop blockchain-based solutions in the healthcare sector are the BlackBerry phone maker, who stressed the importance of providing accurate and anonymous data to medical institutions.
Startup Akiri, has raised $ 10 million in funding for its Akiri Switch network.
The Austrian government has announced its support to Lancor Scientific, based in the UK, which will be involved in cancer screening with the use of blockchain and AI for accuracy. Already, a device developed by Lancor detects cervical cancer with a 90% accuracy and also shields other forms of cancer.
