Blockchain Company Gem Aims at Healthcare Industry

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The International Business Times is reporting that Blockchain startup Gem  has cut deals with a number of partners in the healthcare sector in which its shared ledger and data security platform is taking use cases from prototype to production.

Gem CEO Micah Winkelspecht told the IBTimes:

“The healthcare industry is looking at how they can use blockchains in a number of ways: to transport medical records from provider to provider and build those sorts of networks; as well as how they can use health data generally to incentivise people to be healthier, to build reward systems around healthy behaviour using IoT [Internet of Things] devices, all sorts of stuff.”

Founded in 2014, Gem raised $2 million in seed funding for a bitcoin API product aimed at industry developers. But appeared to pivot in late 2015 and by early 2016 Gem was advertising its service as an Blockchain API. Gem kickstarted 2016 with a $7.1m Series A.

Gem says they under NDA with a number of companies in the healthcare space and announcements are imminent according to IBTimes and the goal is to create a golden record of health data that is secure and transferable.

“We are doing on-site education with key stakeholders in the space. We are helping them to identify use cases in their businesses and ultimately build those out all the way from a proof of concept to production applications. We are doing that for several companies in the space, added Winkelspecht in the report, written by Ian Allison.

 

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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