CareChain: Blockchain Personal Healthcare Data Management System?


CareChain is a collective effort to initiate Blockchain infrastructure and personal data management in the healthcare system.

According to its official website, CareChain believes that when establishing the foundation for a robust, interoperable healthcare system, it’s important to start at the protocol level and create a new infrastructure that no one owns, but everyone can control. CareChain seeks to initiate identity and digital value protocol layers as well as immutable health records that only rightful owners can control. This is what Blockchain can do to reinvent the healthcare system.

About CareChain

The Blockchain technology has a promise and value that emanate from the way it can coordinate large-scale partnership in open systems. However, in order to minimize coordination at initial stages, there should be national consortia that tackle the regulatory challenges in a local and confined context. This is what CareChain seeks to do in the Swedish ecosystem.

CareChain is not providing the technology, but plans to roll out the infrastructure, test it, and take the advantage of the benefits that come with it such as automation and security.

To begin with, it will set the data ownership model towards Self-Sovereign Health Records. CareChain is ready to deploy this, but still needs the assurance of its members to run and guarantee network nodes. The company came into existence in March 2017 and is currently looking for co-founding partners.

What CareChain Personal Healthcare Data Management System Does

Governance:

As far as possible, the platform intends to utilize the tools of the trade and automate most of the decision making process with smart contracts.

Standardization:

CareChain continues to seek members in relevant standardization organizations to track the emerging technologies and interoperability protocols.

Operations:

The management of the infrastructure is in the hands of CareChain AB, which is the founding partner. Members can choose to utilize the fully managed Blockchain-as-a-space or run self-hosted network nodes, which include available network nodes.

CareChain Members

The CareChain technology is applicable across a wide variety of industries:

Hospitals:

These members need access to efficient and accurate health history as well as post-operation follow-ups.

Pharmacies:

Need this technology to enable direct patient-centric communication and for the ability to flag cross-care provider contraindications.

Startups:

These members need CareChain technology for easier compliance with regulations and legislation to improve their service to users, so they may not create another data silo.

Organizations:

They require cost-effective and reduced time-to-market with cooperation meant for meeting objectives, not least for the underserved.

Government:

Requires the technology to initiate improved citizen health and better perception of services while delivering huge cost savings and to experiment with, for instance, social bonds.

Other industries involved in the CareChain technology include:

The Global Technology Consortia

The global technology consortia are members of the Enterprise Ethereum Alliance. They follow closely the use-case work currently being done in the Hyperledger Healthcare Working Group. Various events are lined up, including HealthTech 2018, which will take place on September 18, 2018. Interested parties can obtain more information here. Other past events include Blockchain in Healthcare, which took place in May 2018.

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