Tag: Enterprise Blockchain Platform

An enterprise blockchain platform is a decentralized platform designed specifically for deployment in a corporate setting.

Upheaval and RebelDot announce strategic partnership for Weave enterprise blockchain technology

SEATTLE, WA: Upheaval LLC, innovators of patent-pending blockchain technology the Weave, today announced a strategic partnership with well-established and ISO certified software development company RebelDot, to develop, integrate, and bring to market the Weave blockchain, with global reach and scale.

As a result of this strategic partnership, healthcare and other organizations across the world can soon get subscriptions to the Weave, and in doing, integrate their existing digital systems with a robust blockchain technology that scales, protects, cures over time, and regenerates. The Weave’s unique shared-block, multiple-blockchain technology creates a holistic online environment that allows any organization with an Internet connection get a subscription. Access for individuals, including a secure mobile app to track personal health records, is free. The Weave brings the power of network effects, and in-place blockchain integrations to healthcare participants such as insurers, providers, pharmacies, drug makers, and devices.

“We believe the Weave can deliver on the promise of blockchain for healthcare, with a solution that’s secure yet accessible, immensely scalable, and high performing,” said David Iseminger, Upheaval’s CEO.

“With RebelDot’s development experience, blockchain expertise and systems integration knowledge, this partnership amplifies the offerings of each of our companies. It’s a win for our future customers.”

“The Weave has unique technical structure, especially as an enterprise blockchain,” said Tudor Ciuleanu, CEO of RebelDot. “In healthcare, the Weave will bring new life and advanced capabilities to dated systems.” About growth potential, Tudor added, “Our customers are from many industries. The Weave can create significant value beyond healthcare – real estate, manufacturing, IoT, finance, government, and others. We see the Weave quickly gaining market traction upon release, and we see RebelDot growing at scale alongside it.”

With the partnership, healthcare and other industries will finally have a blockchain solution that integrates with their existing systems, streamlines their processes, and delivers big data analytics. Subscribers will realize a better healthcare experience, for their organization and for their patients. 

About RebelDot

RebelDot is an end-to-end software development company covering all phases in the software product development lifecycle, from product strategy and tech advisory to design and development.
With over a decade of experience in building software, RebelDot helps companies and organizations in multiple industries bring innovation through technology, by adapting to the new, emerging technologies like blockchain, machine learning and AI. 

RebelDot is an Accredited Training Center with the blockchain Training Alliance, a Microsoft Partner, and is ISO 9001:2015 Certified and ISO 27001:2018 Certified. 

Learn more about RebelDot, the European-based software development company. – www.rebeldot.com 

About Upheaval

Upheaval creates innovative software solutions, including the patent-pending Weave blockchain environment, that elevate and transform industries. With the Weave, organizations connect real-time, real-world interactions and create network effects that empower every participant. 

To learn more about Upheaval and the Weave, visit: http://theweave.io 

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The Weave – investing in the transformation of the healthcare experience, and beyond

The Weave offers an early investment opportunity in a patent-pending enterprise blockchain platform with vast commercial appeal – scalable to multiple growth industries and government – that will resonate with consumers as well.

Investing in The Weave Enterprise Blockchain Platform for Healthcare

The Weave captures and connects real-world interactions in real-time, enabling industries such as healthcare to elevate and transform the experience for all participants – from providers to patients, hospitals to pharmacies, insurers to drug makers, and beyond. All entities in the Weave get their own blockchain, and all participants to an interaction have a shared block placed on their chain. This unique approach creates a Weave of interrelated interactions that securely scales out, mirroring social network effects, and cures over time into a robust shared information fabric.

Imagine reviewing historical medical interactions for a patient, drug or treatment, in-the-moment and in real-time, and thereby being able to make better choices that improve treatment options, avoid costly mistakes, and improve outcomes.

It’s a simple concept, with immense implications and opportunities – for the Weave, and for investors. And as described later in this article, early investor discounts for the Weave are also significant, but limited.

The Upheaval Team

The Upheaval team (Upheaval invented and builds the Weave) has experience in globally scalable enterprise software, protocols, AI, insurance industry solutions, and has experience turning patented technology into successful business models. We’re perfectly situated to capitalize on the future, because we’ve seen seismic shifts like this happen before, and watched the revolutions in commerce occur as a result. This time we’re building the revolution, with help from our advisors who have contributed to companies like Microsoft, Amazon, Groupon, DocuSign, and others that grew into technology leaders in their own right – they’ll help us do the same.

Total Addressable Market for Enterprise Blockchain Adoption in Healthcare

The total addressable market for the Weave, in healthcare alone, is immense. Global healthcare expenditures are expected to top USD $10 trillion by 2022, with an overall annual growth rate of 5.4%. The healthcare IT market alone is expected to top USD $440 billion by 2025, with the electronic health record market alone expected to approach USD $98 billion in the same timeframe – with a compound annual growth rate (CAGR) of over 50%. In addition, the Internet of Things (IoT) addressable market in healthcare alone is expected to exceed USD$530 billion by 2025, with a growth rate of 19.9% in that time frame. That’s a lot of growth, in a lot of different areas, all where the Weave can add value and streamline the experience for hospitals, doctors, patients, and all other participants.

In Deloitte’s 2019 US and Global Health Care Industry Outlook, one of its six trends included “investing in digital innovations and transformation” where it listed “digital innovations that are helping reshape the future of health care by making health care delivery more efficient and more accessible.” First on that list was blockchain, others included cloud-based computing, AI, cloud-based software-as-a-service (SaaS), and the Internet of Medical Things (IoMT); the Weave will enable delivering on each of those innovations and more. Importantly, the Weave can do so without disrupting or replacing existing systems – the Weave can integrate with existing systems, rather than having to replace them.

Business Model

The business model for the Weave is based on a subscription service. A subscription establishes an organization’s presence in the Weave (a SaaS subscription model), then integrates their existing systems (in place, intact) to create their own protected Weave presence. Large organizations can have multiple Weave subscriptions, and work seamlessly. This is similar to other cloud-based services such as Microsoft’s Azure, Amazon’s AWS and others. With the Weave, organizations will also be able to subscribe to big data analytics services, so that business intelligence insights based on interactions in the Weave can be used to further improve decisions, service delivery, efficiencies, and even marketing programs.

Patients and individuals use the Upheaval app, our mobile app available on all major platforms, for their engagement in the Weave and to participate in the creation of shared blocks. It’s their portal into their own blockchain information, and the mechanism by which they can selectively share elements or categories of information from their chain, by simply sharing a readable code and confirming they want to share. For individuals, the app and their presence in the Weave is always free.

Subscribers, partners, and other participants who have a presence in the Weave will use the Upheaval cryptocurrency token, the UPC, to pay for subscriptions and other value transfers in the Weave. We talk more about the UPC in a few paragraphs.

An important benefit of having a presence in the Weave is the network effects that can be achieved. Organizations with a presence in the Weave will exponentially increase the value of their accessibility within the Weave environment, just as the Internet, social media, and online shopping exponentially broadened the reach of participants in those networks, too.

Crypto-economics

The Upheaval cryptocurrency, the UPC, fuels the Weave’s economic activity and is being offered in Blocks. The first Block is currently available in a private sale using SAFT agreements, with an early investor discount of 50%. The intent of such a deep discount is straightforward: early investors should benefit most, so they get the best discount. A finite amount of UPCs are available in Block 1.

Investment Window

Current Block: Block 1 – 50% discount
Current Window: Private Sale – open now
Investment: SAFT agreements, accepting BTC, ETH, FIAT

Here are details about the token offering itself:

Token Details

Symbol: UPC
Total Supply: 1,800,000,000
Token Standard: Weave
Hard Cap: 30% of all tokens
Additional details: see the Weave whitepaper

Participation in the private sale is handled through our investor site, which is accessible from our website. Our website describes the Weave in more detail, details our roadmap and our team, and has links to our whitepaper and our presentation deck. Visit our website at https://theweave.io.

All of us at Upheaval are dedicated to delivering the Weave for the healthcare industry, and beyond. Its opportunity to elevate and transform the healthcare experience – for all participants – makes it an investment with strong technological foundation, delivered by an experienced team, with seasoned advisors, on a roadmap that already has momentum.

We look forward to hearing from you. Please visit our website for more details, and use the form below to get in touch, and learn how to participate.

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The Weave – enterprise blockchain platform for a better healthcare experience

In this article we discuss shortfalls of the current healthcare information experience, and an evolutionary solution. Once we explain that solution, we’ll walk through a real-life use case so the concepts come to life. 

Problems and gaps in today’s healthcare experience

Healthcare today suffers from information that’s reactive and secluded, sitting in silos where retrieving and connecting it in meaningful ways is burdensome at best, time consuming, and expensive. 

Even when those efforts do pull data together, its greatest value has long-since passed. Its derived insights were most valuable and needed in-the-moment, so that diagnoses and treatments could be better selected, delivered, and with fewer mistakes. If that were happening, every participant’s experience – and outcome – would be better, faster, easier and much more efficient. 

Such real-time interactions and information is possible, with a patent-pending technology called the Weave. 

Closing the healthcare experience gap 

The Weave is a new, patent-pending enterprise blockchain platform supporting industry level business ecosystems. Its premise is simple – an entity in the Weave gets its own blockchain. An entity could be a hospital or an organizational business unit within the hospital such as the Hospital Department Administrators. An entity can be a segment within the Hospital Department Administrators such as Emergency Care, as even individual ER doctors and supporting staff. An entity can also be the IoT connected ambulance that brought the patient to the ER as well as the individual patient. Each interaction between any 2 entities creates a shared block placed on each entity’s blockchain. In this example, the vertical integration of data from the patient to the hospital as a whole is streamlined regardless of who the patient encounters throughout their immediate and subsequent follow up experience. 

Simple in concept, but expansive in implications.

With the Weave, healthcare interactions are collected in real-time, creating an immutable and interconnected moment-in-time for each participant. Access to selective history can be granted, such as for a doctor to review a patient’s medications in real time, curbing complications and illuminating the best pathway to wellness. 

Let’s take a look at a simple use case, and explain how the Weave can elevate and transform the healthcare experience, and provide network-effects benefits to Weave participants.

Establishing a presence in the Weave

Let’s start by describing how organizations can establish their presence in the Weave environment , and participant in those real-time interactions with other organizations already present in the Weave ecosystem.

Access to the Weave environment is granted through a subscription model, similar to an Azure, AWS, or Office 365. Once an organization completes the subscription signup process, it can seek out and engage with any other organization who has a presence in the Weave – patients, drug makers, pharmacies, hospitals. From a B2B perspective, this includes individuals within the same organization such as patient service providers. Additionally, individuals in separate established organizations can setup a connection, establish the same rules as their real work  business agreement and communicate. Such would be the case with a provider who must process a claim from 1 in-network & 1 out-of-network doctor who treated the same patient for different stages of the same clinical care cycle. 

From a B2C perspective, with individuals – such as patients – simply install the Upheaval App on their mobile device, create a profile, and their presence and blockchain in the Weave is established. Weave is free for individuals, always. 

For large organizations, multiple Weave subscriptions can be provisioned, and connected later on as needed for intra-company interactions. You don’t need the entire company to agree on a single Weave subscription – you can grow into them as desired.  

The Weave works with existing healthcare information technology systems. 

Established healthcare information technology systems can integrate in-place. Devices – and other objects – can also be integrated for IoT functionality, and participate in interactions that immutably place a block on each participant’s chain. 

Existing workflows are maintained and augmented, or can be refined through process engineering that incorporates the Weave’s new capabilities and efficient automation. Our security compliant APIs and integration points mean organizations don’t need to replace their existing IT infrastructure.

Once an organization has a presence in the Weave, they can create as many objects and blockchains as needed. Doctors, rooms, devices, and treatments can be defined (or extracted from existing treatment or schema definitions) to create an interaction-ready blockchain. Pharmacists, medicines, compounds, departments, services, or other objects useful as participants in real-world interactions can also be defined as entities, and engage as block participants.

And since the Weave is a global environment with a standardized block, organizations can securely interact with objects outside their Weave subscription – seamlessly, securely, and with privacy requirements observed.

Now, on to our use case.

Enterprise blockhain healthcare use case on the Weave

Meet Sarah. Sarah heads to the hospital for an appointment. Upon  reaching reception, Sarah shares a code from her Upheaval app, and automatically provides the reception desk with identity verification and basic check-in, medical and insurance information. Instead of filling out a redundant paper copy of a medical questionnaire, check-in completes securely, in just moments.

A shared block is created from that interaction:

Sarah – The block is placed on Sarah’s blockchain, containing information about the interaction including the appointment, location, time, and what information was shared during check-in. Her blockchain includes all of Sarah’s health interactions, in and out of her current provider network.

Hospital – The block also goes onto the hospital’s blockchain, as a record of Sarah being at the appointment, when she arrived, and how to bill her insurance. 

Reception – The hospital created an entity for Reception to collect their interactions for recordkeeping and other uses. The block also goes onto their Reception blockchain, as a participant in the interaction.

Insurer – The block is also placed on Sarah’s insurer’s blockchain, to provide the information necessary for treatment, payment, coverage, and to record the interaction.

Sarah then meets with her physician, who reviews medical-specific history from Sarah’s blockchain (we call that walking the chain). Upheaval’s AI, coupled with the Upheaval-ecosystem’s machine learning and semantic associations engine, detects potential complications based on Sarah’s existing medications. The doctor changes the prescription, then with a few taps on her tablet (running a version of the Upheaval app designed for enterprises), scans codes with the app that describe Sarah’s visit, then signs and sends the prescription to Sarah’s pharmacy. 

Having Sarah’s medical history available in real-time lets her doctor avoid a costly and painful mistake. Securely and immutably signing, then sending the prescription streamlines the process for all participants.

A shared block is created from the doctor’s office interaction:

Doctor – The block is placed on the doctor’s blockchain, with information about the interaction, including the exam and devices used, course of treatment and prescription.

Sarah – The block is placed on Sarah’s blockchain, describing the treatment, medication, and other details. Upheaval’s notification engine can send her updates about her treatment.

Medicine – The block also goes onto the prescribed medicine’s blockchain, recording privacy-allowed information about Sarah to become part of its record and results. 

Pharmacy – The block goes onto the pharmacy’s blockchain, enabling it to prepare the prescription with validation of the doctor, patient, and medicine. 

Insurer – The block is also placed on Sarah’s insurer’s blockchain, for payment and records purposes. The insurer can automatically send digital payment to the pharmacy, secured using the immutability and protections of the Weave. A receipt for the prescription, with all relevant information, is automatic and implied with creation of the block. 

Information about each participant in inherent in the placement of the block on each chain. Sarah can easily review which doctor she saw, when, at which location, the type of treatment provided, and the medication prescribed, as well as other details. All using a user-friendly UI in the Upheaval app.

All participants benefit from the shared block, in multiple ways.

Creating and placing those shared blocks in real-time has all sorts of benefits – both collectively and individually. Let’s look at how each participant benefits:

Medicine – with each medicine getting its own blockchain, drug makers can walk the chain of each medicine to gain insights and keep records as a matter of course. Finding which patients were prescribed (and their demographics), where, when, how often, how much, and patterns usage become straightforward. 

Traverse the block connections beyond that particular medicine’s chain, and network effects start to become apparent: What other medicine did those patients take, in what timeframe, and what were the effects? Effectively, conduct ongoing longitudinal studies that update in real time with vast, traversable, interconnected datasets. These big data analytics and insights are services the Weave can provide directly to subscribers.

Doctors –  Physicians can keep treatments, prescriptions, patient patterns, and other information easily accessible and retrievable. All information becomes easier to submit, track, access, and traverse – saving time and effort.

People – Individuals benefit from having their medical records easily accessible, secure, and can easily share selected elements as needed. The entire healthcare experience becomes easier and integrated. Add patient notifications and feedback, and the wellness loop also evolves into real-time.

Insurers & providers– With information about interactions submitted in real-time, insurers and care providers better track treatment, coverage, and patterns. Payments with Upheaval Credits (UPCs) mean transfers of value happen as soon as the block is written, streamlining payments, accounting, and record keeping. 

Hospitals – Hospitals can provide more effective services and track them more easily. Analytics and efficiency opportunities are just the beginning of the benefits. 

Many others – Individual blockchains, bound by real-time shared blocks, is an evolution of data freshness and interconnectivity. The network effects of being able to traverse an individual blockchain, then walk connections found therein, has a rich set of opportunities for multiple aspects of healthcare.

This is just the beginning of applications for the Weave, and they extend throughout the healthcare industry and beyond. The Upheaval team has vast experience in enterprise software, protocols, and integration with existing systems, including close development and integration work with Top-10 insurance carriers. 

For more information, including how to partner or participate as an early round investor, look through our whitepaper and check out TheWeave.io

 

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ALTEN Calsoft in Partnership With Clinlogix Launches Blockchain for Clinical Trials

ALTEN Calsoft Labs has launched – “BioPharma Ledger”, a Blockchain clinical trial platform.

SANTA CLARA, California, July 3, 2019 /PRNewswire/ — ALTEN Calsoft Labs, a leading Enterprise Digital Transformation solutions and Engineering R&D services company, has launched – “BioPharma Ledger”, a Blockchain clinical trial platform.

This reinforces ALTEN Calsoft Labs’ continued commitment to bringing Digital led transformation to industry-specific areas. (more…)

The R3 Healthcare Value Proposition: Feature Interview With Stephanie Perez

Blockchain Healthcare Review have teamed up to bring healthcare innovation to the R3 Corda Enterprise Blockchain platform.

In 2015, the enterprise Blockchain company R3 launched with the ambitious aim of providing Blockchain technology to a consortium of major banks.  R3’s vision reflects a world where transactions can occur directly and privately without friction, one where business partners are able to operate in a synchronistic manner bringing consistency to the vital function of record keeping.   

This initial foray involved a highly select group of financial institutions seeking to foster transactions in a faster and more secure way. Since that time R3 has been assisting members in the development of their prototypes as well as test experimentation with the Blockchain.

In 2016, R3 saw a major leap forward with Corda, an open source Blockchain platform in collaboration with financial industry-leading companies. Corda provides a private Blockchain solution with privacy, scalability, and governance feature that make it appropriate for businesses, especially those involved in complex, highly-regulated global markets.

Then in 2018 Corda Enterprise, directed at the open source demands of modern day businesses was introduced. It provides an optimal value-proposition for organizations seeking additional business features such as 24/7 support, predictable release schedules, and industry-standard enterprise database support.

Today R3 manages a constellation of over 200 leading global firms with the aim of unlocking new value propositions for Blockchain across multiple industries, including the rapidly growing field of healthcare.

The R3 Healthcare Value Proposition for Enterprise Blockchain

Here at Blockchain Healthcare Review, we recently interviewed Stephanie Perez, Associate Director of Strategic Partnerships about R3 growing number of partnerships and presence in the Blockchain of healthcare space.

Having initially come from a financial industry orientation, what led to the decision to integrate a healthcare element into the R3 framework?

At its core, healthcare is very much about identity, data provenance, insurance and payments. The healthcare industry represents a large and complex network of institutions that must manage a highly regulated and fragmented environment.   

Many of our partners have already built solutions to address each of those functional components, making healthcare very much a natural progression. Blockchain benefits are best realized when different industry participants come together to create a shared platform.  Similar to other industries, healthcare finds importance in embracing the benefits of Blockchain to provide common solutions.

So what is the main member benefit associated with the R3 healthcare community?

Having supported a high number of Blockchain applications, we are well versed on the design, development and commercialization process and its value to our healthcare members.

Who are some of the current members of this cohort? What sort of healthcare niche areas are represented? What are they seeking?

As is reflective of the development trends in the space, initiatives are being led by consortiums, startups, internal innovation groups, and system integrators. There are a number of companies building and exploring healthcare/pharma-related applications as we engage with partners like HSBLOX, Q2 Solutions, Everis, Providence Healthcare, Lumedic and Cognizant.

What emerging trends are currently being hotly discussed these days in the R3 community in terms of the Blockchain and healthcare? 

Value-Based Contracting

 Value-Based Contracting is an approach that’s challenging because of the administrative burden and technical limitations of setting up these new pricing models.

So first, there needs to be an agreement between parties on what a positive result for a patient looks like. Secondly, data needs to be provided and shared to prove that result. Lastly and most importantly, this highly sensitive data needs to be handled in a secure and immutable manner.
An example of this is where some of our partners are building solutions for outcomes-based pharma rebate and bundled payments. 

Revenue Cycle Management

The next trend is Revenue Cycle Management. This involves functionality on both the front and back end. The front-end is patient facing and includes administration, document capture and the confirmation of eligibility.
The backend includes payer coordination, claims reimbursement, denial management. Both rely on highly manual processes with a lot of reconciliation.

Blockchain can help streamline record keeping, claims assessment, contract management, and payment processing in these areas. We have partners building solutions for prior authorizations and claims adjudication.

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Corda’s Enterprise Blockchain Platform

R3 Corda Enterprise in the Healthcare Industry

Many applications of blockchain focus squarely on the individual user and their privacy. The biggest advantage found in distributed ledger technology (or blockchain) is the verification of data by multiple parties. Businesses are beginning to understand the advantage of talking to each other without wasting time and money with third parties. Called ‘smart contracts’ the daily agreements between parties (B2B) are getting formalized. 

For an example of how businesses can benefit from blockchain technology, look at the newest development from R3. Called Corda Enterprise, it’s a software for an array of businesses from FinTech to insurance and banking. Most companies today have some level of global exposure and require added layers of accessibility to information, as well as restrictions to access for others.

The enterprise blockchain platform is compatible with most business networks and integrates with most database servers like SQL and Oracle. it’s also fully interoperable and won’t lock vendors in. Which means companies can try it for a while and switch back to their old enterprise software for any reason. Corda enterprise also offers 24/7 support, disaster recovery and enhanced security. Corda enterprise is the commercial side of the open source blockchain customized for big business.  

The Corda blockain considers its business driven technology to be the third wave of blockchain development behind Bitcoin and Ethereum. Most people are familiar by now with Bitcoin. The creator of Bitcoin, Satoshi Nakomoto, wanted a system of payments that avoided using a third party for transactions. The solution was to pay ‘miners’ in digital currency to verify the transactions. This distributed ledger system technology became the basis for other digital currencies like Ethereum, which expanded the capabilities of Bitcoin. Ethereum improved the ability of businesses to transact directly reducing duplications and inefficiencies. Corda’s improves on privacy and scales to billions where older technology can’t compete.

ZK3 – Medical Claims Management

One company using the Corda distributed ledger technology is ZK3. Their Medical Claim Management System allows both clinic/hospital and insurer to view the same details about the patient through a synced platform. When the patient makes a change or update to his/her status, everyone in the network is allowed to view it. This reduces inefficiencies in tracking down billing or address changes otherwise by mail or phone. When bills are paid by the insurance company the hospital as well as the patient can see it. Disputes get viewed by the same parties that have access to the individual patient.

Cordentity Identity Service

Cordentity is a identity application that runs on the corda platform. Indy created a digital identity to be used with Corda that prevents hacking of the user’s (patient) personal details. Developed by Luxoft for the benefit of user privacy and easy access for invited parties, it restricts data to those with permission. The interested parties could be hospitals, insurers, compliance officials and individuals hoping for greater control over their identity. Also, only the relevant information about the patient gets seen by the corresponding relevant vendor. Couriers wouldn’t need to see the diagnosis and doctors wouldn’t need to see the financial history. 

HSblox – Healthcare Ecosystem

Another company trying to simplify the healthcare industry for everyone is HSblox. Using a combination of machine learning and distributed ledger technology to help reduce duplication of claims, eliminating transaction costs and eliminating claim denials. Mostly they’re interested in reducing claim denials from insurers by reducing the inconsistencies in the paperwork. When multiple parties use the same platform to verify a patient’s particulars, less conflict arises and fewer claims are rejected. This benefits both groups.  

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