Kalibrate Blockchain, Inc., has said it is leveraging a charter to develop a commonly curated, fully autonomous Universal Patient Index that facilitates rapid, efficient binding of patient health identities across healthcare transactions.
For healthcare providers and enterprises, the index is a big deal as it will be universally accessible without limitation by enterprise or political boundaries.
It overcomes the biggest challenge in the health information world, which is the lack of a universal patient identity that can easily be bound among disparate health information systems.
That’s not all the index also tracks and logs health information associated with each patient. These functions are accomplished in strict compliance with HIPAA, GDPR, IHE, and other applicable regulatory regimes and industry standards.
How The Kalibrate Blockchain Index Benefits Patients
Patients benefit by maintaining sovereign control over their own patient identities and personal health information. They also can expect to receive more fully-informed treatment and services from healthcare providers.
The company said the Universal Patient Index, along with its associated services, is the missing link in the world of patient health information transactions, according to Calvin Wiese, president of Kalibrate Blockchain, Inc. He added that the index will achieve its purpose when the initial bootstrapping stage terminates and the Index reaches full autonomy.
During the initial “bootstrapping stage,” Kalibrate Blockchain is launching the blockchain-based distributed autonomous index network. The network’s “undiscoverable association algorithm” prevents both accidental and deliberately malicious association between patient identities and patient health information.
To incentivize the use and operation of the Index, Kalibrate Blockchain will issue Kalibrate Coin cryptocurrency in a regulatory compliant manner that will be readily tradable. Once the Index has achieved target autonomy, Kalibrate Blockchain will continue to engage in activities that drive its adoption.