Good news for diabetes patients! Medical records stored on "blockchain" accurately record the treatment process

The multinational pharmaceutical company Boehringer Ingelheim has announced a partnership with the blockchain-based healthcare platform Solve.Care.

Headquartered in Germany, Boehringer is one of the world's top 20 pharmaceutical companies. Solve.Care is planning to establish a blockchain and cryptocurrency-powered network to share data about diabetes patients.

The new healthcare system, called the Diabetes Care Administration Network, is a blockchain platform based on Solve.Care. The system will utilize Solve.Care's care coordination tools - Care.Wallets, to support patients with the disease. It aims to assist in patient care and share information on diabetes prevention, symptoms, and related risks.

According to their official statement:

The Solve.Care platform replaces redundant systems and automates complex processes, resulting in billions of dollars in cost savings annually. It represents a novel approach to combat fraud, waste, and abuse, bringing transparency and accountability to healthcare management.

It is understood that this is not Boehringer's first foray into the blockchain field. Earlier on 2/12 this year, the company announced a partnership with IBM to utilize the IBM blockchain platform to enhance trust, transparency, patient safety, and patient consent in clinical trials. Boehringer stated

The collaboration aims to address the quality issues in the clinical trial processes and records, which are currently "often erroneous or incomplete," potentially jeopardizing patient safety.

The medical platform system is expected to be officially launched by the end of 2019, with its partner - Solve.Care token valued at $140 million, currently ranked 56 on Coinmarketcap. Previously, ABM also reported that retail giant Walmart joined the pharmaceutical tracking blockchain consortium MediLedger, as the open-source and transparent nature of blockchain continues to drive industries worldwide.

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