HEX Innovation to Showcase a Blockchain Medical Information Platform

HEX Showcases Their Own Blockchain Enabled Medical Platform

During the 2018 Hybrid Summit which took place in Bangkok over the weekend of the 28th-29th of July, HEX announced its own platform based off blockchain technology for medical information.

Currently, HEX is already responsible for the management of large volumes of data, but has announced that it will integrate its data with blockchain technology in order to give a higher level of security for medical documents such as patient records, prescriptions and hospital records.

“Attempts have been made to use blockchain in order to protect information of individuals safely, but it has been pointed out that the performance degrades as the data size increases due to the characteristics of the blockchain.”

HEX intends to develop this through a series of partnerships such as with ASTON, otherwise known as XBC Technologies, Plc. in Singapore. This also includes a further partnership with TPLUS, a company with direct experience in developing systems for medical institutions, specifically, the FHIR system of the Korean Healthcare Government.

Why is HEX trying to apply blockchain to the medical sector? It was due in large part to a challenge laid down by Zhang Shouyi, an academic at the Chinese Academy Of Sciences, when in July, he called upon developers and companies to adopt a far-reaching desire and outlook towards applying blockchain technology wherever they can see problems.

“We need to realize the power of blockchain and understand what the technology cannot do.”

While HEX's move is a bold and challenging one, they are certainly not the only company to go this direction with blockchain technology. In June, the Filipino-based company, Cool Kids entered a partnership with a blockchain company based in Boston with the intention of improving the delivery of health care across the Philippines.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide