BROADCASTS.com

b'

When underwriting cyber insurance, medical records are the most problematic. Not only are they extremely attractive to hackers, health records are also extremely vulnerable - they tend to be poorly protected electronically and physically.

\\xa0

Security of medical records pose problems for insurers, for sure. But even more alarming, are the problems it cause patients.

\\xa0

Dr Abdullah Albeyatti the Co-Founder and CEO of Medicalchain. And he witnessed these issues first hand. While working as a surgeon and later as a GP, Abdullah became frustrated with the fragmented nature of health records. The problem is that patient records are not universally available whenever a patient needs them. For example, a patient might seek private treatment, or visit an unfamiliar GP. In each of these scenarios, the patient\'s medical records might be not available because the data is stored on disparate systems.

\\xa0

To solve the problem, Abdullah teamed up with Mohammed Tayeb and set up Medicalchain.

\\xa0

Medicalchain use the principle of blockchain distributed ledger to store health records. This enables patients to "own" their own medical records. \\xa0This means that records that be accessed much more widely and they can updated automatically after every consultation.

\\xa0

As Abdullah says - with the problem and solution so clear, you would think mainstream uptake is inevitable. Unfortunately that is not the case. The medical records themselves exist on numerous systems. So the challenge for Abdullah and his team is to figure out how to integrate this new technology with the old data silos.

\\xa0

On this episode of InsurTech Radio, Abdullah speaks about:

• How Medicalchain started
• How Medical chain are utilizing blockchain technology
• How blockchain can be applied in humanitarian contexts to save lives

\\xa0

You can find out more about Abdullah on LinkedIn or by visiting Medicalchain\'s website.

\\xa0

Want to stay ahead of the \\xa0latest InsurTech trends? Subscribe on Apple Podcasts, Spotify or wherever you get your podcasts.

Hosted on Acast. See acast.com/privacy for more information.