Bitfury announces blockchain-based consent management system; partners with Hancom to distribute Crystal platform

Blockchain tech firm Bitfury has made two important announcements – first, a blockchain-based consent management system for the healthcare industry, and other is a partnership with Hancom to distribute its Crystal analytics platform.

Bitfury, in collaboration with blockchain-based medical data marketplace Longenesis, has announced a blockchain-based consent management system for the healthcare industry, Cointelegraph reported.

The platform will help streamline data collection for medical research and address the issues related to managing user consent for ongoing and planned research projects. Importantly, it will be compliant with the General Data Protection Regulation (GDPR) and Health Insurance Portability and Accountability Act (HIPAA).

Once the data and updates to user consent are collected, they would be recorded on the Exonum blockchain with timestamping for future auditing. The solution could also be used as a full data-management system as well as an add-on to existing digital systems for storing user consent.

Longenesis is a partnership between Insilico Medicine, an artificial intelligence company that uses deep learning for drug discovery, and the Bitfury Group. In February, Bitfury and Longenesis partnered with Medical Diagnostic Web (MDW), a radiology blockchain marketplace, to create a next-generation platform for maintaining, sharing and securing medical imaging and diagnostic data.

Distribution of Crystal Analytics Platform

Launched last January, Crystal is an all-in-one Bitcoin Blockchain investigative tool designed for use by law enforcement organizations and financial institutions.

In an online post dated April 04, Bitfury has announced that it has partnered with Korea IT security company Hancom Secure to distribute the platform to their clients.

With this partnership, Hancom Secure clients will soon be able to use the Crystal platform to improve KYC/AML procedures, further cybercrime investigations, and support blockchain-based financial services.

“Crystal is proud to do business in Korea, which is a global leader in innovation and support for blockchain technology and cryptocurrencies,” said Marina Khaustova, CEO of Crystal. “We look forward to supporting these companies as they build their blockchain and crypto-based services to include our robust analytics and research support."