Monday, 30 July 2018

Mount Sinai Hospital Launches New Research Center Focused On Blockchain Applications https://ift.tt/eA8V8J

The Icahn School of Medicine at Mount Sinai and the Institute for Next Generation Healthcare announced recently about the official opening of the Center for Biomedical Blockchain Research. Few academic medical centers will place Mount Sinai on the edge of investigation which uses the technology, a dispersed and safe database system originally, developed for Bitcoin to resolve difficulties in health care and medical science.

Joel Dudley, an executive vice-president of Precision Health at Mount Sinai and a former senior data scientist at Pivotal Software will be taking care of this new center where the researches will make use of the artificial intelligence in biology.

Dudley new aim will rotate around the emerging projecting health applications using the info from electronic health records, wearable devices and on many digital bases.

The center’s investigation will place the basis for its upcoming industry partnership program, looking to progress biomedical blockchain solutions that address difficulties together in clinical medicine as well as in biomedical research.

The Institute For Next Generation Healthcare

Founded in 2016 the Mount Sinai Institute for Next Generation Healthcare is a new model of research, invention, and market distribution to accelerate and aid shape the awaiting revolution in health care.

Many companies have started considering the use of blockchain technologies in biology and health care. These presentations have been inspiring individual contribution in drug development and clinical research trials, increasing access to health insurance products in underserved markets, improving quality control in the pharmaceutical industry to reduce counterfeit drugs, and enhancing research reproducibility.

The companies are intended to attach patient-generated health data and electronic medical records in a mutual safe repository.

According to the news published in Coin Desk, this project started getting a combined database of 150 companies that are working on blockchain projects related to healthcare and also these companies have raised a combined $580 million via initial coin offerings.

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