South Korea’s Myongji Hospital Implements Blockchain for Medical Healthcare Services

South Korean Hospital Implements Blockchain

Myongji Hospital in South Korea, one of the country’s largest hospitals, has recently partnered with a technology company for blockchain-based medical services. The hospital announced the transition to such medical services in a press release.

The technology company, BlCube is recognized as a machine-learning platform. Together, the parties will manage a healthcare information exchange system to “build a hybrid cloud that combines a public cloud and a private cloud.”

The blockchain platform-based service will enable patients to share their medical data with medical institutions, so long as they authorize the distribution. Further, the data will not be stored on a central system so that users need not worry about improper use or access.

The hospital’s move comes at a good time. A few months ago, the country’s Internet and Security Agency and the Ministry of Science and ICT discussed that they will be improving access to a pilot program for the public blockchain. The projects will cost $9 million and the public will receive more access to the blockchain sectors. Further, the government is aiming to invest $35 million in the development of such technology.

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