Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups in the healthcare industry. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. So, let’s take a look at promising blockchain solutions for the healthcare industry.
Heat Map: 5 Top Blockchain Startups
For our 5 picks of blockchain startups, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 5 interesting examples out of 300 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Blockpharma – Traceability & Counterfeit Prevention
Blockchain-based technologies, together with machine learning algorithms and cryptography, are widely used for drug traceability and in the fight against counterfeiting, which is a worldwide challenge.
France-based Blockpharma develops a blockchain-based drug traceability and anti-counterfeiting solution, which is based on the latest machine learning technologies. The application allows the consumer to instantly check the authenticity of the drug.
Iryo – Consolidated EMR Database
A unique tamper-proof electronic medical record (EMR) access management system provides researchers & institutions with unparalleled access to the repository of standardized anonymous healthcare data with the ability to store & exchange medical records.
Slovenian Iryo offers an open-source platform for keeping health records unified and secure. Due to the use of modern cryptography and blockchain technology, it empowers patients, hospitals, and medical research institutions by giving them complete control over their healthcare data.
EncrypGen – Personal Data Sharing
With the use of blockchain’s cryptographically secured networks, medical research companies protect the information about people’s cells, blood, tissue samples or DNA, providing them with a chance to be compensated with cryptocurrency if their information is used without authorization.
US-based EncrypGen is a marketplace for genomic data and health science products and services. The startup uses blockchain to secure the participant’s genomic data and helps users benefit financially when they share private information with the researchers.
Dentacoin – Billing & Rewarding Systems
The blockchain technology helps solve complexities associated with managing medical bills by creating better billing systems and more streamlined and direct methods of payment.
Dentacoin, a startup from the Netherlands, develops a blockchain solution for the dental industry. The company’s objective is to streamline the dental industry through the use of a cryptocurrency reward mechanism along with a token tailored to meet both patient’s and provider’s needs and to reward providers for preventative care measures and long-term dental health outcomes.
BlockPill – Medication Management
Blockchain solutions integrated with existing healthcare management systems and workflows make outdated technologies and paper-based processes more efficient, controlled and secured.
French BlockPill offers a blockchain-enabled universal medical prescription system that provides access to patients’ data collected from different networks and sources. This allows tracking all medical prescription changes in a “prescription chain”. All doctors are thus informed of the drugs prescribed by their colleagues and can review a patient’s history thereby avoiding drug interactions.
What About The Other 295 Blockchain Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 5 blockchain startups showcased above are promising examples out of 300 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.