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The healthcare sector has seen various advancements over the years. Lifespans all over the world are on a rise and it is indeed a major feat for the sector. However - while the medical part of it is developing well, the healthcare infrastructure as such is something which has been losing ground with a number of users over fraud and transparency issues. Healthureum is a blockchain based system which offers solution to these problems.

According to World Bank and World Health Organization, half of the world lacks access to essential health services and 100 million people are pushed into extreme poverty because of health expenses. It is often difficult to get access to healthcare while traveling abroad. It is always a difficult and tedious process to get an accurate patient history. Medical research takes a painfully long time to make it through the approval process and into actual practice in hospitals.

Blockchain-based, health-focused startup Healthureum has announced its intention to tackle the expected health care expenditure, which is expected to rise between 2.4% and 7.5% by 2020 globally. The Estonia-based startup will be Making the utmost endeavours to contain and ideally reduce these expenses. Healthureum aims to reduce inefficiencies in operations, resources, data, drug sourcing, and technology.

The company’s solution will streamline information sharing, using a permissioned blockchain to ensure the security and integrity of critical data.

1728 Individual Participants Contribute in “Democratized” Funding Model

Gem will officially introduce blockchain technology to healthcare at Distributed: Health in the healthcare capital Nashville, TN