MediBloc
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MediBloc

MediBloc chosen to lead nationwide blockchain project

MediBloc was selected as the operator for the 2020 Blockchain Private-led National Project, as submitted by the Ministry of Science and ICT and Korea Internet & Security Agency (KISA). The project is designed to help the public better understand blockchain technology while also inducing demand for blockchain utilization across many industries.

It is a government project worth $4.5 million, with each of the top three operators receiving $1.5 million in support.

Earlier in 2020, KISA accepted business applications through its electronic contract system. Presentation evaluations were held on March 27 to select the top 3 operators. MediBloc’s Blockchain-based Patient-centric Mobile Medical Electronic Document Platform was selected as the preferred business target.

The newly developed government project will be led by MediBloc, along with the Samsung Medical Center, Seoul National University Hospital, Severance Hospital, and the Yonsei University College of Medicine as participating organizations.

MediBloc will be responsible for building the overall platform, blockchain development, and mobile app development, while the Samsung Medical Center, Seoul National University Hospital, Severance Hospital will participate in blockchain connections, the establishment of the medical electronic document issuance system and demonstration service. The Yonsei University College of Medicine will participate in the standardization of data.

By the end of 2020, the MediBloc consortium will fulfill its goal of electronic documentation and the mobilization of medical records, certificates, prescriptions, and other documents that are provided by the medical institutions in various forms, including printed and will build a platform that will be easier and more convenient for patients to use by enhancing the general purpose of the blockchain network.

By utilizing MediBloc’s blockchain Panacea, third parties such as schools, workplaces, and pharmacies will be able to determine the authenticity of electronic documents containing medical information, and medical institutions will be able to record hash values on the annals of the Panacea to confirm their integrity.

Through the electronic documentation of various items issued to individuals by medical institutions, unnecessary expenses for document issuance will be decreased, and processes will be simplified to more efficiently utilize human resources, such as inputting paper-type documents into computer systems. Three of the medical institutions participating in the MediBloc consortium have an annual average of approximately 10 million patients, and this project is expected to boost the personal-oriented data industry.

“We are very happy to be chosen for this project, and if we reduce the many inconveniences that individuals, medical institutions, and third parties have by using blockchain technology and mobile technology, we expect to take a big step closer to building the medical ecosystem that MediBloc envisions,” said Dr. Eunsol Lee, co-founder of MediBloc. “We expect to be rebuilt as a full-fledged medical electronic document management platform that allows us to document electronically all documentation issued by medical institutions, including medical certificates, prescriptions, and hospitalization confirmations and also deliver them to pharmacies or third parties.”

MediBloc will strive to establish a patient-centric data platform with various institutions and continue expanding its ecosystem. Please give us your support in this vital undertaking.

Thank you.

The MediBloc Team — MediBloc is a private medical information platform based on blockchain technology and aims to promote the development of the medical industry and further improve the quality of human life. MediBloc has conducted agreements and PoCs with leading domestic and foreign medical institutions, including Woorisoa Children’s Hospital, Hanyang University Medical Center, Kyunghee University Dental Hospital, and Seoul National University Hospital. In addition, the company was selected for 2019 My Data Business and the 2019 Health Care related Government Tasks supported by the Korea Information Service Agency, a quasi-governmental organization within the Ministry of Science, Technology, Information and Communication, and released its blockchain-based real-loss insurance claim app MediPass in November 2019.

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Blockchain based Healthcare Information Ecosystem

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MediBloc

MediBloc

Personal Healthcare Information Ecosystem, built on blockchain

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