MediBloc Blockchain Health Startup Enters Partnership With Massachusetts General Hospital (MGH)

Blockchain-Based Startup ‘MediBloc’ Enters Into a Partnership With Massachusetts General Hospital

According to a press release on Medium, MediBloc, the blockchain-oriented healthcare startup, has just entered into a three-year deal with Massachusetts General Hospital (MGH) so as to help the medical institution leverage the power of blockchain technology in order to store its data more efficiently.

To further elaborate on the specifics of this partnership, we can see that by coming together, both MediBloc and MGH will be able to focus on building a standardized data exchange that can be deployed across a wide array of electronic health record (EHR) systems.

Other key aspects of this new platform include:

  • It will help Massachusetts General Hospital in providing better security and interoperability of personal health information between itself and other registered hospitals.
  • The new platform will allow patients to access their PHI (Protected Health Information) in a much more streamlined and hassle-free manner.
  • It will enable researchers with niche’ access to targeted healthcare data via the use of a standardized interface.

More On The Matter

In addition to all the information that has been presented above, an executive for MediBloc also mentioned that his firm is going to be working alongside MGH’s Laboratory of Medical Imaging and Computation (LMIC) so as to to establish some of the best ‘working standards and practices’ for blockchain-based healthcare information systems (in the world today).

In regards to the matter, Dr. Eunsol Lee, co-Founder of MediBloc, was noted as saying:

“Collaborating with MGH, the most prestigious institution in the states, is an excellent opportunity for us to prove the feasibility of our platform, as well as expand the scope of the platform using LMIC lab’s AI platform. Starting with MGH, we will expand our presence in the global market.”

At this point, it is worth noting that the LMIC is a research body whose primary objective is to foster computerized methods for analyzing medical records and medical images using advanced technologies such as Artificial Intelligence (AI). Some of the areas where LMIC’s research has extensively delved into includes:

  • Bone age evaluation
  • Muscle mass quantification
  • Cerebral hemorrhage diagnosis

MediBloc: A Brief History

While many may already know about MediBloc’s short but illustrious past, it is still worth reminding people that the startup was initially launched in Gibraltar last year. The firm is the brainchild of two South Korean doctors who developed an “open-source healthcare data platform” entirely through the use of blockchain technology.

The native MediBloc framework is designed to compile an indexed history of a patient’s medical information (using blockchain as a medium for validation and data maintenance). If that wasn't enough, using MediBloc, patients can also:

  • Manage their personal records based on their individual needs.
  • Assign permissions to folks who they trust with their medical data.
  • Retain full control/sovereignty over their sensitive health information.

Final Take

While talking about his vision for MediBloc, Kho Woo-Kyun, the co-Founder of this platform was noted as saying:

“Our vision is to build a new electronic health data platform in which the patient, rather than hospitals, owns his or her own medical records. And by basing the platform on blockchain, we can ensure that the records kept by patients remain authentic at all times.”

Last but not least, the startup has also been selected to serve as a blockchain provider for two S. Korean projects led by Bundang Seoul National University Hospital and Seoul St. Mary’s hospital.

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