7 July 2020
The government of South Korea is going to develop a blockchain registry which will help to analyze, anonymize, and store clinical data for diabetes.
The government plans to establish a proof-of-concept project for which they have selected Sendsquare, a blockchain startup to store the data of 3.6 million people with diabetes in the country.
The startup will analyze nine years of diabetes data with clinical experts and practitioners from Seoul’s KyungHee University Medical Center which was previously collected by the center.
According to KyungHee Medical Center’s Professor Suk Chon,
“Storing and collaborating work across a large volume of data using centralized services has proven unwieldy and subject to issues of data loss, duplication, and manipulation.”
The professor believes that Sendsquare’s blockchain could help to solve data storage problems and will benefit the patients of diabetes.
The estimated time for completion of the project is six months with the first motive to analyze the data working to anonymize it before finally implementing the data onto a registry which will be recorded on the FLETA blockchain platform. Once the blockchain application has been developed, Sendsquare will get independent verification from Korea’s Telecommunications Technology Association (TTA).
Sendsquare is a blockchain startup largely responsible for the development of the South Korea-based FLETA blockchain that was changed earlier with building a proof-of-concept network for the nation’s healthcare system.