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Bitfury and Longenesis partner with Medical Diagnostic Web to deliver next-generation healthcare blockchain

Press releases may be edited for formatting or style
ORLANDO, Feb. 11, 2019 – The Bitfury Group and Longenesis today announced a partnership with Medical Diagnostic Web (MDW) to bring some of the best implementations in blockchain technology to MDW’s growing radiology marketplace.

The partnership between Bitfury, the world’s leading full-service blockchain technology company, Longenesis, a startup that merges AI and blockchain, and MDW radiology marketplace will create a next-generation platform for maintaining, sharing and securing medical imaging and diagnostic data. Deployment of this blockchain infrastructure is expected to set new industry standards for healthcare blockchain implementation.

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MDW is the first radiology blockchain platform designed to connect all players in the medical imaging ecosystem to create an open and transparent marketplace for image interpretation. It allows radiologists to contract with imaging facilities and securely share patient data and medical images such as X-rays and CT scans for interpretation.

The groundbreaking combination of new technologies, built on Bitfury’s Exonum™ private blockchain framework, will take the security of sensitive medical information to the next level. It will provide users with a more robust and discrete environment, while allowing transactions to be validated by nodes installed at a variety of respected sites, using “anchoring” technology to increase trust in recorded transactions.

Longenesis’ state-of-the-art data management practices will ensure that medical data, while recorded transparently via blockchain, is accessible only by authorized parties in full compliance with HIPAA, GDPR and “right to forget.”

“Blockchain technology can strengthen patient data security by providing a tamper-proof record of patient history while simultaneously providing an avenue for doctors to more easily share information,” said Valery Vavilov, CEO of Bitfury. “The digitization of trust that blockchain offers, paired with the medical potential of AI algorithms, has the ability to revitalize medical systems all over the world.”

This advanced new infrastructure, with baked-in data anonymization, advanced encryption and user permissioning, complements MDW’s existing immutable blockchain audit trails and tamper-proof records of patient data that create a safe and transparent way for users to exchange data and increase care quality, while improving efficiency and interoperability along the care continuum.
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