Medical Records Are Now Being Stored on The Blockchain
Blockchain document security company Transcrypts annonced a partnership with Doctors Without Borders earlier today, to begin uploading millions of immunization records around the world.
Officially starting back on the 14th of October the partnerships have already seen 6500 records uploaded to the blockchain, with 76000 being the hope by 2022.
Most of the records uploaded are vaccinations for COVID 19, but the eventual goal is to record all medical records onto the blockchain, making them easily accessible to patients on their phones.
Transcrypts was founded in 2020 by Zain Zaidi, a student at San Jose State University. The California-based company now boasts Paychex, ADP, Zoom, Spirit Airlines, and Oracle as its clients.
Originally designed to fight resume fraud, Transcrypt shifted to income verification for landlords before evolving into all forms of documentation. HIPAA previously stopped any records from going on to any blockchain, citing them as an unacceptable method to store records.
Zaidi spoke on the importance of the partnership citing unnecessary deaths due to missing medical records “In India over 700,000 people die every year from the lack of access to a patient’s medical records. A majority of these deaths could have been prevented if physicians had access to a patient’s comprehensive health care records. With this partnership, Doctors Without Borders and TransCrypts hopes to build a future where this loss of life can be mitigated.”
Vechain made a similar move partnering with big Hospitals around the world back in January, keeping records safe is one of the easiest and earliest ideas people had when they thought of the amazing potential Bitcoin had, and it’s finally coming to fruition.