Alternate Health (CSE:AHG) has announced the transformation of the CanaPass patient management system to complete an ethereum-based blockchain electronic medical records and electronic health records system.
As quoted in the press release:
“Alternate Health’s blockchain EMR/EHR is the first of its kind and completes our comprehensive integration of blockchain technology into all aspects of our software systems,” says Dr. Michael Murphy, Chairman and CEO of Alternate Health. “Along with the deployment of our Zi App Blockchain Mobile Payment System and our CanaPass blockchain transaction ledger, Alternate Health is leading the paradigm shift in emerging healthcare data and medical cannabis technology.”
How the CanaPass Blockchain EMR works:
Based on Ethereum’s platform, CanaPass’ HIPAA and PIPEDA-compliant system records key medical data in blocks on a distributed ledger. Each patient’s CanaPass account includes its own private cryptographic key that is used to identify and decrypt the associated private information from the distributed ledger. This is similar to the way a blockchain wallet works, but instead of keeping track of tokens or digital assets, it is used to track and store data such as the patient’s lab results, medical reports, etc.
Key Advantages of Alternate Health’s Blockchain EMR/EHR:
- Reliability: The use of decentralized, cloud-based storage ensures maximum reliability and prevents data loss through regular automated backups of all data.
- Security: All sensitive patient data storage exceeds HIPAA and PIPEDA requirements; Since only the hash value of sensitive data is stored on the blockchain, data can only be decrypted with the private key of that account.
- Transparency: The use of a distributed ledger ensures data is tamper-proof, preventing cyber-attacks on the system itself since previous transaction data cannot be changed or overwritten.