Top 10: Blockchain Platforms in Healthcare
Blockchain technology is revolutionising the healthcare industry by providing secure, transparent and efficient solutions for managing sensitive patient data. By creating decentralised and immutable records, blockchain platforms enhance data integrity and facilitate trust among stakeholders, including patients, providers and insurers. These platforms enable seamless sharing of medical information while ensuring privacy and compliance with regulations such as HIPAA.
Additionally, blockchain can streamline processes like drug supply chain management, clinical trials and billing systems, reducing fraud and improving operational efficiency. As healthcare continues to embrace digital transformation, blockchain emerges as a pivotal tool for enhancing patient care and optimising healthcare operations.
10. Medifakt
CEO: Aditya Tallapragada
Headquarters: Estonia
Medifakt is an Estonia-based decentralised blockchain platform for healthcare, combining blockchain technology, Internet of Things (IoT) and Machine Learning (ML). It aims to enhance the security and sharing of medical information across various specialties.
The platform supports the transfer, storage, interpretation and AI evaluation of medical data and images. Medifakt's network consists of four main modules: asset, service, security and data layers. The asset layer manages the token economy, incentivising patients to share their data. Developed by AKT Health and partnered with Interakt, Medifakt seeks to address challenges in healthcare security, disability and interoperability. It aims to improve the smart healthcare ecosystem, ensuring data traceability and supporting advanced Big Data Analytics.
9. Embleema
CEO: Robert Chu
Headquarters: Paris, France
Embleema is a blockchain-based platform designed to revolutionise clinical trials and regulatory analytics in healthcare. It enables participants to digitally consent to the collection, storage and analysis of their health data, facilitating faster drug development and enhancing safety measures. The platform's Virtual Studies Suite allows for the efficient running of virtual clinical trials. Embleema's blockchain technology ensures the security and integrity of patient data while promoting transparency in the clinical research process.
By streamlining data management and patient engagement, Embleema aims to accelerate the development of new treatments and improve overall healthcare outcomes. The platform bridges the gap between patients, healthcare providers and pharmaceutical companies in clinical research.
8. Change Healthcare
CEO: Neil de Crescenzo
Headquarters: Nashville, Tennessee, USA
Change Healthcare, a leading healthcare IT company, acquired key assets from PokitDok, a platform-as-a-service company specialising in healthcare blockchain technology in 2018. The acquisition includes PokitDok's intellectual property, advanced software and team expertise.
This strategic move enhanced Change Healthcare's Intelligent Healthcare Network, integrating PokitDok's blockchain capabilities and API marketplace. The acquisition aims to improve data integrity, auditability and efficiency in healthcare transactions. It also accelerates the launch of Change Healthcare's API and Services Marketplace, offering new capabilities for digital health, telemedicine and value-based care models. This acquisition reinforces Change Healthcare's position as a leader in blockchain for healthcare, furthering its goal of creating a more connected, transparent and efficient healthcare system.
7. Patientory
CEO: Chrissa McFarlane
Headquarters: Atlanta, Georgia, USA
Patientory is a blockchain-based health information management platform that empowers patients by giving them control over their medical records. The platform allows users to securely store, manage and share their health data with providers while ensuring privacy through encryption techniques. Patientory's decentralised approach enhances interoperability between different healthcare systems, facilitating seamless communication among stakeholders.
Additionally, it offers tools for chronic disease management and wellness tracking, enabling patients to engage actively in their healthcare journey. By leveraging blockchain technology, Patientory aims to improve care coordination and enhance patient outcomes through better access to personal health information.
6. Medicalchain
CEO: Dr Abdullah Albeyatti
Headquarters: London, United Kingdom
Medicalchain is a blockchain-based platform that aims to empower patients by giving them control over their medical records. By utilising blockchain technology, Medicalchain ensures that patient data is secure, immutable and accessible only to authorised users. The platform facilitates seamless sharing of health information among healthcare providers while maintaining patient privacy. Medicalchain also offers telemedicine services, allowing patients to consult with healthcare professionals remotely.
Additionally, its native cryptocurrency, MedToken, enables users to pay for services within the ecosystem. This innovative approach fosters transparency and trust in healthcare interactions while enhancing patient engagement and care continuity.
5. Guardtime
CEO: Mike Gault
Headquarters: Tallinn, Estonia
Guardtime is a leading blockchain technology company known for its KSI® Blockchain, which secures health data integrity across various applications. The platform has been instrumental in Estonia's national health infrastructure, ensuring reliable patient identity validation and secure access to health records.
Guardtime’s technology enables healthcare organisations to maintain data privacy while facilitating data sharing among stakeholders. Its Real World Data Engine enhances analytics capabilities for pharmaceuticals and regulators by allowing secure queries without compromising sensitive information.
By acting as an ‘honest broker’, Guardtime addresses trust issues in healthcare data management and supports value-based care models through transparent data processes.
4. BurstIQ
CEO: Frank Ricotta
Headquarters: Denver, Colorado, USA
BurstIQ is a blockchain platform designed specifically for the healthcare industry, focusing on secure data management and interoperability. It enables the secure exchange of health data while maintaining patient privacy through its unique data ownership model. BurstIQ's platform allows healthcare organisations to create, share and monetise health data in compliance with regulations such as HIPAA.
By leveraging blockchain technology, BurstIQ enhances data integrity and provides a decentralised framework for managing electronic health records (EHRs). The platform also supports applications in clinical research, personalised medicine and patient engagement, empowering patients to control their health information.
3. Chronicled (MediLedger)
CEO: Vinod Lakhani
Headquarters: San Francisco, California, USA
Chronicled operates the MediLedger Network, a blockchain-based platform focused on supply chain management in the pharmaceutical industry. It enhances transparency and security by providing real-time visibility into drug shipments and ensuring compliance with regulatory requirements.
MediLedger facilitates efficient collaboration among stakeholders, including manufacturers, distributors and pharmacies, while reducing fraud and counterfeiting risks. By utilising smart contracts, Chronicled automates processes such as order fulfilment and inventory management. The platform also supports track-and-trace capabilities for pharmaceuticals, ensuring that products are authentic and safely delivered to patients. Chronicled’s solutions aim to streamline operations while maintaining the highest standards of safety.
2. Avaneer Health
CEO: Stuart Hanson
Headquarters: Chicago, Illinois, USA
Avaneer Health is a blockchain platform that focuses on enhancing collaboration among healthcare stakeholders through secure data sharing. By leveraging distributed ledger technology, Avaneer aims to improve operational efficiency in claims processing, eligibility verification and care coordination.
The platform enables real-time access to shared data while maintaining privacy and security through cryptographic methods. Avaneer Health fosters interoperability among various systems, allowing payers, providers and patients to collaborate more effectively. Its solutions aim to reduce administrative costs and streamline workflows in the healthcare ecosystem, ultimately improving patient outcomes and satisfaction while supporting value-based care initiatives.
1. IBM Blockchain
CEO: Arvind Krishna
Headquarters: Armonk, New York, USA
IBM Blockchain offers a robust platform tailored for the healthcare sector that leverages distributed ledger technology to enhance transparency and security in health data management. It enables organisations to create secure networks where they can share sensitive patient information while maintaining compliance with regulations like HIPAA.
IBM’s solutions facilitate interoperability between various systems and streamline processes such as claims processing and supply chain management in pharmaceuticals. By utilising smart contracts, IBM Blockchain automates workflows and ensures accurate record-keeping across participants in the network. The platform aims to improve operational efficiency while fostering trust among stakeholders in the healthcare ecosystem.
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