Radiology solutions provider Medical Diagnostic Web (MDW) has partnered with Longenesis and Bitfury Group to implement a healthcare blockchain technology across its marketplace.
Longenesisis is an artificial intelligence (AI) firm, while Bitfury offers blockchain technology. MDW marketplace is developed to link all diagnostic digital imaging players and facilitate image interpretation.
The open, decentralised marketplace allows radiologists to form new business alliances and receive immediate compensation for services.
Under the new collaboration, the partners will develop a next-generation platform to maintain, share and ensure the security of medical imaging and diagnostic data.
The new platform will be built on Bitfury’s Exonum blockchain framework. It is intended to enable the validation of transactions by nodes deployed at different sites, using ‘anchoring’ technology.
Longenesis data management approaches will also be used to ensure that the medical data, which will be recorded transparently through blockchain, is available only for authorised parties.
Bitfury CEO Valery Vavilov said: “Blockchain technology can strengthen patient data security by providing a tamper-proof record of patient history while simultaneously providing an avenue for doctors to more easily share information.
“The digitisation of trust that blockchain offers, paired with the medical potential of AI algorithms, has the ability to revitalise medical systems all over the world.”
The new infrastructure is said to complement MDW’s current blockchain audit trails and patient data records that allow safe and transparent data sharing.
MDW CEO and co-founder Michael Averbach said: “A partnership with these industry innovators will enable MDW marketplace to provide the most advanced healthcare blockchain technology available today.
“Our new hybrid private/public blockchain will provide the best of both worlds: a transparent and flexible yet protected and secure environment for medical data. We believe that together, our advanced technologies will pave the way for a new quality standard in healthcare blockchain.”
The company added that the new platform will help in addressing medical imaging challenges such as service access and delivery, results in communication and integration across the continuum of care.