Announced at HiMMS19, Tech Sets New Industry Standards
The Bitfury Group and Longenesis announced a partnership with Medical Diagnostics Web (MDW) to bring some of the best implementations in blockchain technology to MDW’s growing radiology marketplace.
The partnership between Bitfury, the world’s leading full-service blockchain technology company, Longenesis, a startup that merges AI and blockchain, and MDW radiology marketplace will create a next-generation platform for maintaining, sharing and securing medical imaging and diagnostics data. Deployment of this blockchain infrastructure is expected to set new industry standards for healthcare blockchain implementation.
MDW is the first radiology blockchain platform designed to connect all players in the medical imaging ecosystem to create an open and transparent marketplace for image interpretation. It allows radiologists to contract with imaging facilities and securely share patient data and medical images such as X-rays, CT scans for interpretation.
The groundbreaking combination of new technologies, built on Bitfury’s Exonum™ private blockchain framework, will take the security of sensitive medical information to the next level. It will provide users with a more robust and discrete environment, while allowing transactions to be validated by nodes installed at a variety of respected sites, using “anchoring” technology to increase trust in recorded transactions.
Longenesis’ state-of-the-art data management practices will ensure that medical data, while recorded transparently via blockchain, is accessible only by authorized parties in full compliance with HIPAA, GDPR and “right to forget.”
This advanced new infrastructure, with baked-in data anonymization, advanced encryption and user permissioning, complements MDW’s existing immutable blockchain audit trails and tamper-proof records of patient data that create safe and transparent way for users to exchange data and increase care quality, while improving efficiency and interoperability along the care continuum.
The MDW marketplace is already successfully enabling radiology stakeholders to forge new business relationships. Radiologists enjoy immediate compensation for services, while radiology groups can access as-needed resources to boost reading volume, decrease exam turn-around-time and attract new clients. AI companies benefit through access to the highly specialized annotated imaging datasets and raw imaging data required to train and validate algorithms.
The platform also helps solve many of today’s significant medical imaging problems, including service access and delivery, results communication and integration across the continuum of care.
MDW, Longenesis and Bitfury announced the partnership today at the HiMSS 2019 Global Conference & Exhibition (booths 669 and 9000–147 Innovation Live).
Image Credit: Piko