- The VeChain Foundation and I-Dante have developed a blockchain-based solution for hospitals that complies with the strict rules of the European Union’s general data protection regulation
- “The E-NewHealthLife” will be implemented in a first phase in the emergency department of the Mediterranean Hospital in Cyprus
The COVID-19 pandemic has shaken the world, while at the same time highlighting the need for digital technologies. With the goal of driving the digital transformation in healthcare, VeChain has partnered with I-Dante to develop a medical data management solution called “The E-NewHealthLife”. The Mediterranean Hospital of Cyprus, a hospital within the general health system of the Republic of Cyprus, is the first hospital to adopt the application. The hospital has 300 employees and 38,000 outpatient visits in 2019.
As the VeChain Foundation has described in a blog post published yesterday, there is an urgent need in the healthcare sector worldwide for a cost-effective and collaborative digital solution to overcome the administrative and technical difficulties of merging data from different digital recording systems, the lack of cooperation between different departments and health authorities, and to meet high data protection requirements.
VeChain and I-Dante develop digital health passport
The blockchain-based solution from VeChain and I-Dante will be implemented in the first phase of the project in the emergency department of the hospital and will use a digital healthcare passport based on VeChain’s ToolChain
The NFC cards enable the patient to be automatically registered at the emergency room registration desk. In addition, patients can use a web-based app to check the queue, view their medical data and securely share personal information with the hospital. The entire application complies with the strict rules of the general data protection regulation of the European Union.
“The E-NewHealthLife” gives the patient complete control over his medical data. The app will be used by the hospital management and staff to collect and record information about patients, with the resulting data packages being the property of the patient. Therefore, the data can only be disclosed to third parties with the consent of the owner.
According to the VeChain Foundation, the adoption of blockchain technology can save the healthcare industry worldwide up to $100 to $150 billion per year by 2025 in costs associated with data security breaches, IT costs, operating costs, support function costs and personnel costs. Based on this potential, the VeChain Foundation will develop further blockchain-based solutions for the healthcare sector.
Based on concrete cases of multi party collaboration in various industries, VeChain has been accumulating experience in bridging trust and bringing in transparency into business while being compliant with local authorities and regulators. Given the huge potential of blockchain technology in the medical and healthcare sector, VeChain will continue to develop solutions for all stakeholders and pursue more opportunities in the near future.
I-Dante could play an important role here. The company was founded in December 2019 by Etna Digital Growth, a consultancy and software company in Italy and CircleServus LTD, a consultancy in Cyprus, with the goal of developing digital healthcare solutions using the VeChainThor blockchain.
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