The South Korean hospital, Gil Medical Center, is entering into a partnership with life data storage platform Longenesis and biotechnology solutions provider Insilico with the goal of developing a health data management platform using blockchain technology.

According to Cointelegraph, the new health data platform will be developed based on Bitfury’s Exonum blockchain framework. This will reportedly enhance the efficiency of the data-gathering process, while also ensuring transparent patient consent management and promoting better medical research procedures.

Gil Medical Center revealed that Longenesis will be responsible for providing a secure ecosystem for the hospital to enter data on a patient’s medical history, while the platform will also let patients access their data.

As the hospital also offers medical services to overseas patients, developers have affirmed that the data management solution follows the guidelines of the General Data Protection Regulation (GDPR) of the European Union as well as the Health Insurance Portability and Accountability Act (HIPAA) of the United States.

Bitfury and Longenesis had recently launched another blockchain-powered health data management platform that complies with both the GDPR and HIPAA, aimed at serving the healthcare industry.

Earlier this year, another major hospital in South Korea — Seoul Medical Center — announced plans to introduce a blockchain platform with the goal of improving its medical services. The “Smart Hospital” project works to enhance data accuracy and decrease processing times.

South Korea’s government has been actively promoting the development of blockchain applications in the country, going so far as to create a “Seoul Innovation Growth Fund.” The fund aims to extend over US$1 billion in financial aid to startups specializing in blockchain and financial technology (fintech) by 2022.

Source: cointelegraph.com