Wednesday August 15, 2018 0 comments
CENTENNIAL -- MedChain, Inc. announced it is teaming with IBM Business Partner Cognition Foundry to capitalize on the advanced data protection and high performance of IBM LinuxONE, the enterprise Linux server built on mainframe technology.
The server, coupled with blockchain, is designed to enhance MedChain solutions that address important challenges in healthcare.
MedChain is an early-stage company building globally-compliant healthcare blockchain and decentralized applications (dApps) for electronic medical records (EMRs).
Since 2017, MedChain said it has been giving patients control of their own health information and the ability to delegate access to providers like doctors and hospitals using a blockchain and distributed storage solution for EMR and electronic protected health information.
The MedChain Network is an extensible, layered architecture and protocol system governed and secured by multiple blockchains that utilizes a multi-crypto-token framework.
The network is built on the Hyperledger Fabric permissioned blockchain, an open source project hosted by the Linux Foundation and built to run on LinuxONE.
The MedChain solution is a "common data-layer" that allows existing EMR companies to build compliant healthcare dApps, empowering clients with unprecedented levels of control and insight into their own information.
England-based Cognition Foundry said it is a service provider that enables visionaries to use extreme computing power for the good of society.
"Incorporating Cognition Foundry's IBM LinuxONE environment into the MedChain architecture, allows a fantastic opportunity to exponentially grow Phase II of our network on top of the Phase I work of storing and managing EMR,” said Steve Wishstar, MedChain CTO.
“Phase II is the data-intensive AI and deep learning involved with analyzing all that data. Building on top of the existing MedChain permission structure, only the patient can authorize their data to be used in research.
“Over the years, this opt-in process will yield petabytes of full lifetimes of contiguous data. The effect of having each patient's data accessible by all care providers means new discoveries can be made based on the 'holistic' view of each and every procedure or medication taken," Wishstar said.
"As a service provider, IBM LinuxONE allows us to quickly set up a complete IT infrastructure capable of supporting millions of transactions for clients like MedChain," said Ron Argent, CEO of Cognition Foundry.
"LinuxONE supports pervasive encryption of data and workload isolation, enabling advanced protection against external and internal threats for sensitive data and applications'
Working together, Cognition Foundry and MedChain underpinned by IBM LinuxONE will help patients control their data and help researchers discover new treatments and cures for the benefit of everyone, the companies said.