arculus by ComposeCure, and IT Lab, said Thursday (March 20), will launch a blockchain-compliant ecosystem for healthcare providers in the US market in the second quarter.
The company's solutions will be integrated into clinical networks and act as a secure passkey to record, manage and protect healthcare data within the facility using MedTech devices, according to a press release on Thursday (March 20).
The solution, according to the release, will be enabled by circular blockchains and security and software offerings from Arculus.
During use, ecosystem solutions include physical cards that hold private keys that allow authorized administrators, operators, and patients to digitally sign off procedures, exams and other transactions on the blockchain with just a tap on a computer card per release.
Dr. Gianluca de Novi, founder and CEO of Circular Protocol, said, “Tech supplies the benefits of safe and immutable records to the public register, while providing the benefits of safe and immutable records to the public register, and it must be easy to use and easy to use because it is kept safely.
According to the “benefits of blockchain over the regulatory industry,” according to PYMNTS Intelligence and Solana Collaboration, blockchain has many potential benefits to address the unique needs of healthcare and other regulatory industries that require many requirements to be followed.
The report found that blockchain can robustly grasp customers (KYC) and money laundering anti-money laundering (AML) by verifying identity in real time and providing an immutable record of data and transactions. Use encryption and access control to promote secure data sharing among authorized parties. Smart contracts also allow rules to be enforced automatically to assist with compliance and reduce human error.
“For example, healthcare can leverage blockchain distributed ledger technology to streamline patient records centralization while ensuring that only authorized parties have access to sensitive data,” the report states.
Tap-to-ausatellic technology is currently considered a security measure by 77% of financial institutions at a time when authentication-based fraud is on the rise, according to Pymnts Intelligence and Arculus Collaboration.
