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Health Alliance for research and development is expanding its blockchain project

Pistoia Alliance expands its blockchain project

According to a press release issued on 8 February, the Pistoia Alliance has expanded its blockchain project, adding data sharing, data identity, and data integrity.

Pistoia Alliance is a not-for-profit organization established in 2007. It comprises representatives of renowned pharmaceutical companies: Pfizer, GSK, Novartiz, etc. the Alliance was formed to assist companies in the integration of new technologies, research and development.

The new project will focus on the use of the blockchain for verification of sources to identify data, ensure data integrity and improve data exchange between organizations.

Before to its foray into blockchain-based data management, Pistoia Alliance trained representatives of the medical industry to new technologies. According to the Alliance, a recent poll showed that the lack of qualified personnel and a lack of understanding of technology are the main obstacles for implementation of blockchain. Every fifth respondent who took part in this poll, said about the uncertainty that the blockchain and its method of information distribution better than the standard database.

Steve Arlington, president of the Pistoia Alliance, said:

“Most of the medical industry is still at the“ discussion ”stage of the blockchain. We want to stop these discussions and take certain actions that will benefit research and development organizations, speed up the introduction of innovative technologies and help open up new treatment methods.”

Distributed ledger technology is being gradually introduced in the healthcare industry to ensure greater availability and security of medical data. In November 2018, Myongji hospital, , located in the city of Goyang, South Korea, signed a Memorandum of Understanding (MoU) with Korean IT company BICube.

Under the terms of the MoU, both parties will use the distributed ledger technology to create a healthcare information exchange system and "the formation of the hybrid cloud platform, which will combine public cloud and private cloud."

In the same month the Austrian government has offered financial support to the American research company Lancor Scientific, which uses blockchain technology to identify diseases. Presumably, Lancor Scientific has developed a device to detect several types of cancer, and record the results of screening with smart contracts on the blockchain.


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