Illinois opens blockchain development partnership with hashed health

Illinois partners with Hashed Health to develop blockchain initiatives in healthcare

The modern world is facing a number of challenges in the field of healthcare, and blockchain technologies, which deserve more and more attention, can become a key tool to overcome these challenges. Today, we're excited to announce a partnership between the Illinois Blockchain Initiative and Hashed Health that goes beyond promise and development to demonstrate the practical use of blockchain technology to improve medical accreditation and licensing in Illinois.

The Illinois Blockchain Initiative is known for its desire to apply cutting-edge technology to solve real-world problems. In partnership with Hashed Health, a company specializing in healthcare blockchain innovation, this initiative is taking it to the next level. A collaborative pilot project aims to use blockchain and a distributed ledger to streamline the medical accreditation process in Illinois.

The project involves the use of a blockchain-based registry that will facilitate the exchange of medical accreditation data and smart contracts that automate processes related to obtaining licenses in different states and interstate licenses. This means that medical professionals will be able to efficiently obtain licenses in different states without undue complexity and delays. In addition, the implementation of blockchain technology will enable the creation of a "single source of truth" for healthcare payers and provider networks, providing more accurate and reliable information for claims processes and network management.

Illinois Secretary of Financial and Professional Regulation (IDFPR), Brian Schneider, emphasized that this initiative reflects Illinois' commitment to facilitate the transfer of licenses for healthcare professionals, particularly through the use of the Interstate Medical Compact. Additionally, he emphasized that blockchain technology can become a secure and private means by which government regulators can effectively manage accreditation at the national level.

Jennifer O'Rourke, Blockchain Business Representative for the Illinois Blockchain Initiative, emphasized the importance of implementing practical solutions using blockchain technologies. Her team plans to bring real change to the healthcare industry by breaking down existing barriers and accelerating medical accreditation processes.

Hashed Health is a key partner in this project. John Bass, CEO of the company, emphasized that blockchain technology can revolutionize not only the way public and private services are provided, but also redefine the relationship between government and citizens in terms of data transparency and trust. The partnership between Hashed Health and the Illinois Blockchain Initiative is an important step in creating blockchain solutions for the healthcare industry that demonstrate the value of this new technology and build the foundation for future innovation projects.

This collaboration allows for the identification of healthcare providers with the highest degree of security and verification. Accreditation bodies will be able to reliably verify and validate certificates, and medical professionals will be able to easily maintain an up-to-date and uniform record of their data. This will not only simplify their processes, but also ensure a high level of trust in the information.

According to John Bass, CEO of Hashed Health, this partnership opens up new perspectives for Illinois in achieving digital transformation and improving the quality of health care delivery. He believes that the use of blockchain can make a significant contribution to the transformation of the healthcare system and provide a solid foundation for future initiatives.

The Illinois Blockchain Initiative and Hashed Health demonstrate that blockchain technology has potential not only on paper, but also in practical applications. This partnership is an important step towards a more transparent, efficient and reliable future for the healthcare industry. The use of blockchain to streamline medical accreditation is only the first step in this direction, and we hope that this initiative will inspire other regions and industries to consider the application of this promising technology.