ConsenSys Acquires FHIRBlocks in Bid to Increase Information Sharing Abilities

Blockchain safety healthcare specialist ConsenSys Well being introduced it has acquired FHIRBlocks, a specialist in safe affected person data-sharing instruments. The phrases of the deal weren’t disclosed.

The deal consists of the switch of FHIRBlocks’ technological and different IP, in addition to key executives and workers, enterprise actions and relationships, to ConsenSys Well being.

The acquisition will end result within the integration of ConsenSys Well being’s Elevated Compute platform with know-how elements that underpin the FHIRBlocks Consent4Health utility.

The Consent4Health platform lets sufferers management the sharing of their private well being data (PHI), typically unfold throughout a number of healthcare provider-managed EHR methods.

The app leverages Quick Healthcare Interoperability Sources (FHIR) APIs and self-sovereign identification constructed upon W3C verifiable credential codecs.

The platform is at the moment accessible via Microsoft’s Azure Market, with companion cellular wallets accessible for obtain through Apple and Google’s app shops.

Doug Bulleit, director of the FHIRBlocks Unit at ConsenSys Well being and the previous CEO of FHIRBlocks, informed MobiHealthNews that fine-grained sharing of PHI addresses two competing and more and more essential necessities.

“It permits essential information to be shared by completely different healthcare functions, and guaranteeing that affected person privateness is maintained,” he stated. “Put merely, the fine-grained strategy ensures that the correct information is supplied to the correct individuals on the proper time, as directed and managed by the affected person – or by native legal guidelines.”

Heather Flannery, founder and CEO of ConsenSys Well being, defined that the corporate’s Elevated Compute platform combines blockchain, decentralized AI and trusted privateness safety for the creation of decentralized healthcare functions.

“FHIRBlocks supplies the performance required for affected person privateness and data-sharing consent,” she stated. “On this means, FHIRblocks accelerates time-to-market for the supply of our Elevated Compute platform.”

She famous that blockchain supplies an immutable multiparty single supply of reality for affected person consent to make use of information, as required by all functions, to make sure the most recent and constant information is obtainable.

“Verification of affected person consent supplies well being and life sciences, suppliers, and payers with authorized and public indemnity,” Flannery stated.

In the meantime, decentralized AI with privateness safety supplies a mechanism to carry out AI processing on information referring to sufferers, exposing solely the outcomes of the AI fashions and never the underlying affected person information.

“Decentralized AI defends in opposition to hacking, as a result of information is just not centralized,” she identified, including the best problem to safer sharing and affected person information interoperability is affected person consent to monetize information, enhance operations and create higher drugs.

“With out consent, sufferers can have their payments paid, and docs might speak to them – that’s all,” she stated. “Sufferers would really like precision drugs for his or her physique, thoughts and social state of affairs. Suppliers and payers would really like fee for sustaining affected person information. Each wish to enhance operations.”


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