Transcrypts, a blockchain-based document security startup, announced a collaboration with Doctors Without Borders, or DWB, on November 11 at a press conference. They have already uploaded 6500 vaccination data to the blockchain as a result of their collaboration, with a target of 76000 by 2022.
The majority of the vaccinations recorded are COVID-19 vaccines, but the company indicated that the ultimate goal is to keep all patient medical information on the blockchain, accessible via a patient’s phone. Zain Zaidi, then an electrical engineering student at San Jose State University, started the tiny California firm last year.
A Series Of Clients Has Already Lined Up To Receive The Storage Service.
Paychex, ADP, Zoom, Spirit Airlines, and Oracle are among the company’s current clients.
Transcrypts originated as a solution to prevent resume fraud promoted to HR professionals before extending into income verification for landlords. The company now describes itself as a full-service documentation provider. The DWB collaboration is the company’s first entry into medical records. Previously, Transcrypt discovered that HIPAA and other compliance laws effectively prohibited the use of blockchain as a way of storing medical information in the United States.
“In India, over 700,000 people die every year from the lack of access to a patient’s medical records. A majority of these deaths could have been prevented if physicians had access to a patient’s comprehensive health care records. With this partnership, Doctors Without Borders and TransCrypts hopes to build a future where this loss of life can be mitigated.”
Medical Records On Blockchain Isn’t Entirely New
COVID immunization records had already been kept on the blockchain. veChain launched a scheme to do so at a prominent hospital in Cyprus in January for this purpose, this was made known via VeChain Twitter handle:
The first 100 COVID-19 vaccination records for medical personnel at The Mediterranean Hospital of Cyprus are now securely stored on the #VeChain public blockchain. With this tech, govs and individuals are assured of the quality and validity of results.
According to the company, blockchain technology “represents the best opportunity to radically reshape the current paradigm and change the delivery of healthcare, test results, therapeutics, diagnostics as well as advance the process and security of information exchange between parties.”