ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Wednesday Dec 13th 2017
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

The Block Doctor – Distributed Ledger Technology For Medical Licensure

By

Matthew

De Silva

WriterETHNews.com

The Illinois Blockchain Initiative has joined forces with Hashed Health, a blockchain company focused on healthcare innovation. Using distributed ledger technology, the partners seek to improve medical licensure in Illinois.

On August 8, 2017, the Illinois Blockchain Initiative announced that it has partnered with Hashed Health. The pair will collaborate on methods by which to enhance the “efficiency and accuracy of the medical credentialing process in Illinois” using a blockchain-based registry.

“In the short-term we anticipate this pilot will show how distributed ledger technology can help reduce the complexity of interstate licensing processes in Illinois,” noted Bryan Schneider, secretary of the Illinois Department of Financial and Professional Regulation (IDFPR).

“In the long-term, we see this as a secure, privacy-enhancing way in which state licensure boards can efficiently manage credentialing at national scale, while also presenting health payers and provider networks a ‘single source-of-truth’ to improve the veracity of provider directories and claims adjudication processes.”

A blockchain-based system to confirm a doctor’s credentials might provide patients greater transparency in their medical care and help prevent improper treatment. The viability of blockchain has been well-documented in the pharmaceutical and medical records industries.

In June 2017, the IDFPR issued guidance on licensing for money transmitters that deal with virtual currency. The organization found that digital currencies do not qualify as money under the Illinois Transmitters of Money Act. Yesterday’s announcement and the IDFPR’s reaction demonstrate that the department remains interested and active in blockchain developments that fall under its jurisdiction.

As distributed ledger technology becomes more prevalent, it’s vital for licensing agencies and departments to stay involved. Proactive legislation (like that of Delaware) can help industries prepare for impending technological changes.

Matthew De Silva

Matthew is a writer with a passion for emerging technology. Prior to joining ETHNews, he interned for the U.S. Securities and Exchange Commission as well as the OECD. He graduated cum laude from Georgetown University where he studied international economics. In his spare time, Matthew loves playing basketball and listening to podcasts. He currently lives in Los Angeles. Matthew is a full-time staff writer for ETHNews.

ETHNews is commited to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Illinois Blockchain Initiative, Hashed Health or other Ethereum healthcare news.