Top 20 healthcare Blockchain companies in 2024

Blockchain is used in many different areas now days, such as:

  • Money and banking
  • Stock markets
  • Business deals
  • Real estate
  • Media
  • Government offices

Out of all the industries, healthcare is the one where blockchain has the most potential to make a big impact.

“Healthcare is one of the largest sectors, accounting for over 10% of the total economic output (GDP) in many wealthy and developed nations.

Challenges of healthcare system

  • Providing good healthcare is getting more expensive.
  • The Patient data is scattered and needs to be protected.
  • Sharing patient data can be tricky and requires permission.
  • Sometimes data is unavailable or hard to access.

Blockchain can help fix these healthcare problems.

Top 3 needs of healthcare industry

  • Data security
  • Data Access
  • Data sharing

Keeping patient information private and secure is very important in healthcare. Nowadays, people use cloud storage to share and get data, but this can be risky because hackers might steal or damage patient information. Healthcare needs a way to share, access, and send data safely, and make sure it’s real and can be used by different systems.

What is Electronic Health Records (EHR) System?

An EHR is a digital copy of a patient’s medical file. It contains important information like:

– Medical history

– Test results

– Medicines prescribed

– Doctor’s notes

– Appointment schedules

All of this information is stored electronically, making it easy to access and share with healthcare providers.”

“An EHR system is a secure computer tool that keeps patient records safe, updates information fast, and shares records with healthcare providers in real-time”.

According to BIS Research, “By 2025, the healthcare industry will spend $5.61 billion on Blockchain technology, Here’s how Blockchain can help:

  1. Make healthcare spending more efficient and improve patient care
  2. Save up to $150 billion per year
  3. Stop fake drugs from being sold
  4. Keep patient information safe and secure
  5. Make testing new medicines faster and more efficient”

Healthcare Websites Use Blockchain Technology

Novo Nordisk

Novo Nordisk is a global company that makes medicines for long-term health problems like obesity, Alzheimer’s, and diabetes. They use cutting-edge technologies like AI and machine learning to develop new treatments. They also use blockchain technology to keep patient data safe and secure during clinical trials.

Novo Nordisk is using a new tool called ePID to collect patient data in clinical trials. This tool makes it easier and safer for patients to share their information. The company’s software engineers have added blockchain technology to ePID to protect patient data from being hacked or changed. This ensures that the clinical trial process is safe and trustworthy.

Nebula Genomics

Nebula Genomics, based in San Francisco, aims to understand the human genome and make personal genomics more accessible. Their DNA sequencing tests analyze 100% of an individual’s DNA, and all data is kept anonymous and private through blockchain encryption. This means users’ data is completely secure and can’t be identified or stolen.

Medicalchain

Medicalchain’s blockchain platform makes sharing information easier and safer. Doctors can quickly check if a patient has insurance, without waiting. The blockchain can also help find the best patients for clinical trials by securely sharing their medical records.

WholeCare

WholeCare makes caring for patients easier for healthcare professionals and family caregivers. It puts important information like care plans, medication schedules, and appointments in one easy-to-use place. WholeCare also provides reliable resources and keeps patient records secure and private using blockchain technology, following HIPAA guidelines. This gives everyone involved in the care process peace of mind.

Patientory

Patientory is a secure and easy-to-use medical record system for patients and doctors. It stores a patient’s medical history, records, and current care team in one place, accessible at all times. The blockchain technology ensures constant communication between patients and doctors, and provides a clear and up-to-date medical history, enabling medical professionals to make quick and accurate diagnoses.

Chronicled

Chronicled uses blockchain technology to streamline business transactions and product verification in the life sciences industry. Their MediLedger network securely stores contracts between manufacturers and wholesalers, and ensures compliance with pharmaceutical product distribution regulations (DSCSA). This automation makes business settlements and product verification faster and more efficient.

BurstIQ

BurstIQ helps healthcare companies keep patient data safe and secure. It uses blockchain technology to protect data and follow strict HIPAA rules. The platform has complete and up-to-date information about patients’ health and healthcare activity. This can help stop the abuse of opioids and other prescription drugs.

Avaneer health

Avaneer is a company supported by well-known healthcare organizations like Aetna, Anthem, and Cleveland Clinic. It uses blockchain technology to make healthcare more efficient. Avaneer’s public ledger helps:

– Process claims faster and better

– Share healthcare data securely

– Keep provider directories up-to-date and accurate.

Guardtime

Guardtime helps healthcare companies and governments use blockchain technology to improve their cybersecurity. They played a key role in helping Estonia’s healthcare system adopt blockchain, and they recently partnered with a private healthcare provider in the United Arab Emirates to bring blockchain technology to their data privacy systems. This will help keep patient data safe and secure.

Embleema

Embleema is a platform that helps speed up the process of developing new drugs. It uses blockchain technology to collect and store medical data securely and transparently. Patients can consent to share their data digitally, which is then analyzed to help get treatments approved faster and safer. Embleema’s platform empowers patients to contribute to medical progress through its Virtual Studies Suite.

SoluLab

SoluLab help other companies to develop blockchain technology. In healthcare, SoluLab’s solutions can:

  • Verify the authenticity of drugs and medical data by tracking their source
  • Keep data secure through encryption

FarmaTrust

FarmaTrust uses blockchain technology to:

  • Track pharmaceuticals and ensure their safety
  • Verify the authenticity of medical devices
  • Keep patient data secure for vaccinations and testing

Their services help:

  • Prevent fake drugs from entering the supply chain
  • Allow consumers to check the authenticity of medicines using an app

Tierion

“Tierion uses blockchain technology to keep track of:

  • Documents
  • Records
  • Medicines

It creates a clear history of who has possessed them, using:

– Timestamps

– Credentials

This ensures proof of ownership throughout the medical supply chain, making it secure and trustworthy.

Coral Health

Coral health uses blockchain technology to:

– Speed up the care process

– Automate administrative tasks

– Improve health outcomes

By using a shared digital ledger, Coral Health connects:

– Doctors

– Scientists

– Lab technicians

– Public health authorities

Additionally, Coral Health uses smart contracts to ensure:

– Patient data is accurate

– Treatments are appropriate

This leads to better healthcare outcomes and more efficient care.

Blockpharma

“Blockpharma helps prevent fake medicines by:

– Tracking drugs through the supply chain

– Verifying every step of shipment

Their app lets patients scan and check if their medicine is genuine. Blockpharma’s blockchain technology helps remove fake medicines from the supply chain, which is important because:

15% of all medicines worldwide are counterfeit

By using Blockpharma’s system, patients can trust that their medicine is safe and genuine.

Sharecare

“In 2021, Sharecare acquired doc.ai, gain expert engineers to develop a new research platform. The Smart Omix platform makes it easy for researchers to:

– Plan and test studies

– Collect patient data from wearable devices

– Get patient consent quickly and easily (e-consent)

Smart Omix also stores patient records and streamlines the research process. This helps researchers work faster and more efficiently.

EncrypGen

“EncrypGen’s Gene-Chain platform uses blockchain technology to:

  • Store genetic information securely
  • Allow users to share and sell their genetic data
  • Enable safe and private transactions using DNA tokens

Only authorized members can buy and access genetic information, protecting users’ privacy. Biotech companies can use this platform to:

  • Access valuable genetic data
  • Advance genetic research and innovation

EncrypGen’s platform helps individuals control their genetic data while supporting medical breakthroughs.

ProCredEx

“ProCredEx has developed a secure and transparent way to store healthcare credentials data using blockchain technology. This approach makes the data:

  • Immutable (cannot be altered)
  • Permanently traceable

The data can be tailored to meet specific organizational needs and shared with authorized partners. This improves the efficiency of complex datasets and ensures data accuracy and trustworthiness.

Robomed

Robomed uses AI and blockchain technology to provide patients with a single, comprehensive healthcare solution. Their platform includes:

  • Chatbots for easy communication
  • Wearable devices for tracking health data

Gem

Gem, a software company based in Venice Beach, California, was founded four years ago. Its goal is to develop tools that connect:

– Large healthcare organizations

– Small medical offices

Gem creates blockchain solutions for healthcare. Their Gem Healthcare Network, built on the Ethereum blockchain, will enhance security through Permissioned access (only authorized users can access the network)

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