Mayo Clinic, Medicalchain sign work agreement to explore blockchain

Medicalchain, providers of blockchain technology for the secure storage and transfer of electronic health records, have signed a joint work agreement with Mayo Clinic to improve blockchain technology utilization in healthcare.

In response to growing concern with data security, Mayo Clinic has begun to experiment with blockchain. In the joint working agreement, Mayo Clinic and Medicalchain aim to explore the benefits to blockchain and apply it to all specialties of medicine.

“We are thrilled to be working with Mayo Clinic. Mayo Clinic will provide their world-class healthcare and health IT expertise, while Medicalchain will provide our knowledge of blockchain and crypto,” stated Abdullah Albeyatti, MD and CEO of Medicalchain. “Together we will work on several use cases using blockchain based electronic health records. There’s a lot of opportunity out there, and we feel this working agreement will be of benefit to all healthcare stakeholders.”