Medifakt uses Blockchain, the IoT, and ML to enhance data security in the healthcare industry
Medifakt is an enterprise-level Decentralized Healthcare Ecosystem that uses Blockchain, the IoT, and ML to enhance data security through IoT devices and feed them to a decentralized network. The project is developing an enterprise-grade blockchain platform tailored to the sector’s regulatory, operational, and market needs. The primary goal is to securely share medical information and data with complete traceability, aggregate medical information from multiple sources, and use medical information for Big Data Analytics. Medifakt’s innovative approach aims to improve healthcare by making medical information more accessible, secure, and reliable.
“Currently Medical industry has many challenges in terms of security, disability, and interoperability, so we want to help and solve those challenges. We created a platform using blockchain technology to improve the smart healthcare ecosystem for patients that permits and supports the transfer, transmission, storage, interpretation, second opinion, and evaluation by artificial intelligence of medical data and medical images across all subtherapeutic areas and medical specialties which we could cater to the needs of the healthcare industry,” –Aditya Tallapragada, CEO of Medifakt.
Medifakt is a project developed by AKT Health, a healthcare consulting firm with Clinical research, commercial strategies, and consulting capabilities. Interakt is a Blockchain-based technology firm building multiple projects in decentralized space, including CeFi, DeFi Exchanges, Dapps, and gaming.
“Spinning off a new domain in this area is an opportunity for us to combine the powerful technology built by the Interakt team of domain leaders to solve the biggest challenges in healthcare.” – Aino Tsukamoto, CEO, Interakt Japan.
Medifakt aims to build a Cross-Chain Patient Data Aggregator with Identity Storage, authentication, and ownership. Our HIPAA-compliant solution securely enables all modes of digital health communication like telehealth, chat, voice, and permission-based data sharing.
“Patient Healthcare records/data are one of our most valuable digital products that healthcare systems process and one of the most complex. Medifakt will ensure the real-world data collected through medical devices, which will solve the transparency in healthcare costs in drug development, payments, and insurance premiums. It will also aim to use advanced machine learning capabilities to support the patient healthcare outcomes in a more secure and compliant way.” – Rashmi Gurnani, CEO of AKT Health.
