FLETA’s eCRF System Presentation Sponsored by S. Korean Government
Last May, SendSquare, a foundation of FLETA, was selected as a conductor of blockchain PoC project that is supported by the National IT Industry Promotion Agency of South Korean Government, aka NIPA. The project is blockchainizing eCRF system using FLETA’s technology.
SendSquare’s eCRF system is a blockchain-based clinical trial data collection tool that aims to prevent forgery, omission, and errors of clinical trial data by recording them on blockchain. Through such a process, the reliability of clinical trial data can be enforced. Led by SendSquare, the project is in progress with the cooperation of Hanyang University and the Catholic University of Korea Seoul ST. Mary’s Hospital.
A testbed was conducted on actual patients of Seoul St. Mary’s Hospital to develop the eCRF system; through it, an accurate data management system based on real data could be made. A typical feature of blockchain technology is that when information is recorded, it cannot be modified or deleted arbitrarily, thereby preventing record manipulation. Thus, the blockchain-based eCRF system makes it easier to manage clinical trial data and prevent medical accidents or information manipulation in advance, enabling safer medical life and more efficient health care. Based on the eCRF system, SendSquare aims to preoccupy global clinical data management market shortly.
On Oct. 31, FLETA participated in an interim check of blockchain PoC project of NIPA, and FLETA’s CEO Paul Park gave a presentation about the current status of eCRF development process, which was part of the interim check procedure. Paul received feedbacks and questions from many experts in the diverse fields, including university professors and government officials. It was great opportunity to see the interests of attendants towards FLETA’s blockchain technology and clinical trial data management using blockchain technology. The project ends at the end of November, and its result will be revealed in December.
After his presentation during the interim check, CEO Park said, “FLETA aims to improve the quality of lives by applying blockchain technology to the healthcare area and helping people use it in their everyday lives,” he also added, “blockchain is a technology with lots of applications, and it will be used as elementary technology in more various fields.”