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Topic: SILK network to provide solutions for the medical institution competition (Read 367 times)

newbie
Activity: 37
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Good projects will sooner or later be found in market value Smiley

well,If it can be also used in other large medical institutions, the future of limitless
member
Activity: 108
Merit: 10
Good projects will sooner or later be found in market value Smiley
newbie
Activity: 37
Merit: 0
Chime, which is a major private healthcare consortium is holding a $1,000,000
contest to find a solution that can be scalable and match Patient ID's across varied healthcare systems in the USA.

Amir Abrams of Silk Network has designed a solution using healthcare industry standards, the blockchain and
 the decentralised DNS of Silk(SLK) to solve this issue and provide a solution.

The solution proposed uses the blockchain of Silk(SLK) for trust relationships,
whilst the decentralised DNS is used to match the registry of the patient ID record with the 'clearnet' domain names equivalent record.
Using different nodes carrying out different functions on the network,
 the system matches these hashes/patient ID's across the different healthcare systems on the 'clearnet' domains,
which in-turn, drastically reduces failure rates of 20% or higher, reduces administrative waste and the loss of billions of dollars.

For investors in Silk(SLK), bear in mind that every DNS entry has a cost dependent on the length of time it is registered for.
With ~330,000,000 people in the USA alone, this would generate a lot of DNS entries.
 The possibilities of this are obvious once a step back is taken.

This solution won the initial round and is now in the final round.
Upon winning this contest it will be utilised by multiple healthcare providers such as hospitals and clinics,
 with the state of Louisiana acting as the first testbed before branching out nationally and then internationally.

Other entries in the competition are centralised systems, unlike the system proposed by Amir Abrams.

Want more info? - https://herox.com/PatientIDChallenge | https://hub.jhu.edu/2016/05/03/medical-errors-third-leading-cause-of-death/

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