Business
HCi Viocare to Develop Proprietary Blockchain Based System for Handling Client Records and Sensing-Technology Data
HCi Viocare to Develop Proprietary Blockchain Based System for Handling Client Records and Sensing-Technology Data.
About this update from Rafina Innovations Inc.
[{"type":"text","content":"\n\n GLASGOW, Scotland, Jan. 31, 2018 (GLOBE NEWSWIRE) -- HCi Viocare (OTCQB: VICA) is pleased to announce that its management, acknowledging the tremendous advantages of Blockchain technology, has decided to develop its own proprietary Blockchain based system for handling the sensitive client records in its Scottish Clinics subsidiary. Furthermore, the team will develop a proprietary Blockchain based system for handling and storing the data produced from the medical applications of its Flexisense™ technology.\n Christos Kapatos, HCi Viocare’s co-founder stated: “Blockchain technology is much more than just a way for cryptocurrencies to function. We are convinced that it will soon become the standard way to log and handle all data that matter, be that for business contracts, real estate transactions, medical records or anything else. It is the way forward and any company which doesn’t adapt early enough using its own resources is probably going to pay much more later on to migrate to a third party’s platform. Our Blockchain based system will ensure that the data produced by our sensing technology in medical applications are going to be stored without anyone having the ability to tamper with them or violate the confidentiality of such personal information. In the case of clients’ records in our P&O clinic, it is our view that Insurance companies will very soon enforce such practices on the care givers, in order to acknowledge any compensation claims.”    About HCi Viocare HCi Viocare has a dual, complementary business model of 1) creating the first cross-border independent chain of Prosthetics & Orthotics (P&O) and Diabetic Foot clinics in Europe and the Middle East and 2) developing a wide portfolio of proprietary hardware solutions with first in line the Flexisense™  sensor system, aiming to empower the user by providing on demand information in the fields of Digital Health, Prosthetics, Orthotics, Diabetes, Assistive Devices, Sports and Wellbeing,  and licensing to established industry participants. HCi Viocare is listed on the OTC Markets in the USA, has its executive office in Athens, Greece and R&D center in Glasgow, UK.  Please visit: www.hciviocare.com http://flexisense.hciviocare...