Business
Ehave Enters Blockchain Market for Secure Access of Patient Data in Mental Healthcare and Medical Cannabis
Ehave Enters Blockchain Market for Secure Access of Patient Data in Mental Healthcare and Medical Cannabis.
About this update from Ehave Inc.
[{"type":"text","content":"TORONTO, ON / ACCESSWIRE / February 15, 2018 / Ehave, Inc. (OTCQB: EHVVF), a healthcare company dedicated to empowering the mental health community with next-generation digital solutions, today announced that the the Company will expand its informatics solution to include Blockchain Technology. With careful consideration and research into the market needs of mental healthcare and medical cannabis, the Company sees an opportunity to implement Blockchain solutions that are driven from a patient focused strategy, rather than a technology first approach. IDC (Jan 2018) is predicting that global spend on blockchain will reach $2.1 billion in 2018, and that regulator's positive comments about blockchain will \"help accelerate demand in regulated industries such as … healthcare\".So far, Blockchain has primarily been used by cryptocurrency implementations to provide a decentralized consensus platform for validating financial transactions. Ehave is looking at applying and improving the principles behind current Blockchain technology to allow patients greater control over their health record, while providing a decentralized mechanism for trusted stakeholders to contribute and access data for the benefit of the patient. The Ehave private Blockchain framework strategy leverages the trust in its health stakeholders to: Improve on the algorithm used to validate and reach consensus on all transactions involving the patient record. Provide support for the trusted stakeholders to publish new data to the patient record and to notify the patient when that data becomes available. Support smart contracts, allowing patients the ability to control what portions of their health record are available to which parties, and for what period of time (ideal for supporting formal clinical trials and observational studies). Provide a patient and stakeholder portal that retrieves and displays data according to the access granted by the Blockchain.Combined, these will serve as the foundational elements for the secure and high integrity exchange of data amongst patients, clinicians, researchers, therapeutic companies and licensed producers from molecule/seed to sale to patient to efficacy and back.Lead by Ehave CTO Dave Goyette, with over 30 years of health technology experience, Ehave will leverage its expertise in health data privacy and security to estab...