Since 2016, we’ve seen an acceleration of blockchain application development within the healthcare industry.
Hundreds of projects have launched offering blockchain solutions to many of the inefficient, centralized processes which currently exist in healthcare today. Areas of concentration include: patient data security and custody, care coordination, supply chain management, precision medicine, clinical research, drug and vaccine provenance, and cryptocurrency marketplaces for healthcare products and services. While some of these innovations have the potential to be breakthrough advancements, we are seeing a familiar trend in the buildout of this new healthcare sector – siloed data.
The full promise of distributed ledger technologies is the potential for open, permission-less systems.
Blockchain technology features many platform options and tools for developers to create and launch decentralized applications. While most of these platforms are open source, they do have specific technical differentiators. As a result, health application teams are selecting their preferred platforms on which to develop and differentiate themselves. This is already creating fragmentation, with disparate systems and interoperability concerns – a challenge the current healthcare industry understands all too well.
Solaster’s GO-70 is the interoperability standard to guide the future of healthcare.
As a solution to address the progression of fragmented development efforts, Solaster introduces GO-70, the world’s first interoperability healthcare data standard for decentralized applications. Built on GoChain, a 100% ethereum-compatible blockchain which is 100x faster, more distributed and greener than Ethereum, the GO-70 standard will allow application developers to build the global healthcare network of the future, offering true interoperability for both patients and providers.