A Blockchain-Based Health Startup Got Funded $10 Million

A new blockchain startup named Akiri just received million in Series A funding in order to develop a distributed ledger platform that will utilize health data.
buy kamagra online https://www.icriindia.com/uploads/colleges/new/kamagra.html no prescription

The announcement came by the fund itself on January 3rd this year.

Granted by Health2047, a technology incubator company with its roots in the American Medical Association (AMA), the new platform is called Akiri Switch and will be a “network-as-a-service” (NaaS) tool. This means that it will securely provide and transfer healthcare data through the US healthcare system adopting the blockchain technology.

As seen in the announcement, the network is designed to validate the source and destination of data transactions. This will be done through combining the blockchain base with other privacy and routing tools in order to prevent unauthorized users from gaining access.

According to the CEO, the healthcare field should be drastically improved with this new invention – and potentially changed knowing the (current) traditional model. As he said,

“”The data liquidity problem that physicians and other healthcare stakeholders currently face needs to be solved because it’s one of the biggest barriers to improving the patient-physician relationship.””

The initiative is seen as one of the latest that aims to apply the blockchain technology in healthcare. However, in August last year another proposal by the Medical Society of Delaware scratched the surface of this topic, potentially creating a ledger for patient records that could be accessible by healthcare providers as well as insurers.

A lot of experts believe that exactly this type of blockchain-based platforms could change the world and put an end to the administrative struggles and needs in healthcare.