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Top 10 Startups that are Revolutionizing Healthcare Industry Using Blockchain Technology

Posted on by Shipra

Blockchain is a term that we get to hear every now and then in recent times. Blockchain technology has been readily adopted by a wide array of industries to harness its benefits in the best possible manner. The healthcare industry is one major industry that has utilized the potential of blockchain technology appropriately to bring about a transformation. In the field of healthcare, blockchain finds a range of applications as well as functions.

Blockchain technology or distributed ledger technology can play a significant role in the easy transfer of records of patients among different health systems globally, enhance the coordination of member health management, reduce transaction costs and risks, proper management of the drug supply chain, and even support medical tourism. Therefore, it becomes pretty clear how blockchain technology can benefit the healthcare industry.

With the sincere efforts and dedication of several blockchain startups, the healthcare industry has been further revolutionized. For a better understanding, here is a list of the top 10 startups that are revolutionizing the healthcare industry by making the best use of blockchain technology.

1.  Avaneer Health 

Avaneer Health

Avaneer Health aims to empower the collaborative action required for the healthcare sector to be interoperable, accomplish data fluidity, and enable data sharing with utmost confidence. The focus is on providing a utility network that enables easy access to secure and shareable data for delivering better outcomes as well as great results.

2.  Medicalchain

Medical Chain

Medicalchain is another startup making the best use of blockchain technology to create a smart medical ecosystem. The focus is on empowering patients to gain complete control over their data and share the most comprehensive version of the same with various organizations in the medical network. This, in turn, makes sure that inefficiencies and inaccuracies in data are taken care of very well. The startup utilizes blockchain technology to manage records in a secure manner, ensuring a collaborative as well as a smart approach to healthcare.

 

3.  Patientory INC

Patientory INC

Patientory INC enables users to bring health to their fingertips. The startup helps users to get detailed as well as actionable insights from health records or data, thereby facilitating them to gain complete control over their health outcomes. Having a list of essential health-related data makes sure that a proper overview can be obtained and further steps can be taken accordingly.

 

4.  Burst IQ

Burst IQ

Burst IQ focuses on eliminating the challenges in managing sensitive data of humans to enable building trust via superiorly personalized digital health and life experiences. LifeGraph from Burst IQ brings about digital transformation driven by intelligence with a human-first approach. Life Graph plays a crucial role in bringing about a revolution in the collection, management, and control of sensitive data. It equips healthcare businesses with highly secure, trusted, and intelligence-driven data ecosystems.

 

5.  Medifakt

Medifakt

Another notable startup aiming to revolutionize the healthcare industry is Medifakt. The startup created a decentralized platform powered by blockchain technology, IoT, and machine learning that aims to bring about an improvement in the care of patients, security of healthcare, transparency of data, and interoperability throughout the healthcare sector. Medifakt focuses on harnessing the potential of blockchain technology to benefit the healthcare industry. The platform created happens to be an enterprise-grade blockchain platform tailor-made according to the operational, regulatory, and market needs of the healthcare sector.

 

6.  Embleema

Embleema

Embleema is another startup trying to bring about a transformation in the healthcare sector with a focus on providing quicker personalized medicines with its specialized data and bioinformatics platform. The startup’s specialized data-as-a-service or DaaS platform offers quicker evidence and readily expedites regulatory reviews.

 

7.  FarmaTrust

FarmaTrust

FarmaTrust aims to digitize and innovate the healthcare as well as the pharmaceutical sector by providing top-notch future-proof digital solutions for the existing challenges. FarmaTrust targets to eliminate all counterfeit products, protect patients, enhance efficiency, and offer futuristic tools for appropriate data analysis. Moreover, the startup aims to offer end-to-end transparency as well as visibility through the pharma supply chain.

 

8.  Chronicled

Chronicled

Chronicled is a renowned startup aiming to build a high level of trust and facilitate automation between companies in the healthcare sector. The transactions are automated between the trading companies via the specialized MediLedger Network. The network happens to be powered by blockchain technology within the healthcare industry. Chronicled offers appropriate administration and develops solutions along with the MediLedger Network to enhance the level of trust as well as facilitate automation between all the trading partners.

 

9.  Iryo

Iryo

Iryo aims to revolutionize the healthcare industry by providing cloud-based software for the appropriate management of healthcare practices. Iryo focuses on offering simplified digital healthcare solutions with enhanced simplicity for a seamless patient experience. Moreover, the software facilitates communication between patients and healthcare service providers. Additionally, the software helps get data at a glance, thereby playing a significant role in building great relationships. Ideally, the cloud-based software from Iryo saves time, effort, and money and eliminates stress & hassle.

 

10.  Dentacoin

Dentacoin

Dentacoin utilizes the potential of blockchain technology to provide the appropriate blockchain solution for the dental industry across the world. The focus of Dentacoin is to offer highly secure blockchain infrastructure, patient-centric care, and intelligent prevention collectively to bring about an improvement in long-term health, reduction in costs & pain along with ensuring benefits for all the participants of the global dental industry. Dentacoin aims to shift the paradigm towards a blockchain-based health system that actually cares.

Read Also: Blockchain and Healthcare: Potential and Opportunities

Closing Thoughts

After reading through the post, it is clear about the role of startups in bringing about a beneficial transformation in the healthcare sector. These startups are utilizing the potential of blockchain technology to provide the appropriate solutions to problems that exist in the current healthcare industry, thereby playing a beneficial role in helping the industry transform. Blockchain technology is still in its budding phase, and it is expected to do more wonders in the time to come.

Top 10 Blockchain-Based Startups in New York to Watch Out For

Posted on by Shipra

Blockchain technology has taken the world by storm over the past few years. We have seen a massive rate of adoption of blockchain in various business sectors. The popularity of blockchain is major due to the wide array of benefits it offers. It is exactly the reason why businesses belonging to different industry verticals are looking forward to integrating blockchain technology into their business processes to leverage the potential of this emerging technology to the fullest in the best possible manner for their benefit.  

The rise in the adoption of blockchain technology has readily increased the demand for blockchain development and associated services. The increasing demand for blockchain-related services has resulted in the emergence of a number of startups that specialize in offering these services. Over the past few years, we have seen a consistent rise in the number of blockchain-based startups. Therefore, to have a clearer idea about the blockchain services market, here we have listed the top 10 blockchain-based startups in New York that you need to watch out for. 

1.  Hiro Systems

Hiro

Hiro Systems is one of the top blockchain-based startups in New York that specializes in building tools for developers for Stacks, which happens to be the network enabling smart contracts and apps for Bitcoin. The company was founded in the year 2015 with present employee strength of 40 happens to be the core entity within the Stacks Ecosystem, which is a collection of independent entities, developers as well as community members who work together with the common intention of building a user-owned internet on Bitcoin.

2.  Aptos 

Aptos

Aptos is another startup in New York focusing on delivering the safest as well as most scalable Layer 1 blockchain in the world. Within just a year of existence and a mere employee strength of 35, the startup has earned a name for itself in the world of blockchain. The team of Aptos consists of highly experienced members comprising of the original creators, designers, researchers, and builders of Diem, which happens to be the first blockchain that was developed to serve this purpose.

3.  Rift Finance 

RIFT finance

Rift Finance is another of the top blockchain-based startups in New York, founded in the year 2021 with only six employees. However, their services happen to be top-notch. The company helps decentralized autonomous organizations or DAOs to attain sustainable liquidity in decentralized exchanges without making use of any harmful alternatives. Rift happens to be a decentralized protocol that plays a significant role in restructuring incentives to bring about an improvement in liquidity across DeFi.

4.  GBI 

GBI

GBI is another addition to the list of top 10 blockchain-based startups in New York, with a total employee strength of 50. It is one of the rapidly growing fintech companies, focusing on the development of groundbreaking technology at the intersection of alternative assets, including cryptocurrencies as well as precious metals. The core platform of GBI permits the clients to buy, sell, and store digital currencies & precious metals within their existing accounts as well as trading systems.

5.  Pinata

Pinata

Pinata is a well-known startup in the field of blockchain, cloud, and web 3.0, helping build the future of web 3.0 by empowering creators to share their content in the way they prefer. The focus is on building the most accessible NFT platform for creators to conveniently manage, share, as well as monetize their media. Within just four years since its inception and an employee strength of 38, Pinata has gained a lot of popularity in the world of blockchain.

6.  AlphaPoint

Alpha point

AlphaPoint happens to be a fintech startup company powering the exchange of digital assets worldwide. It allows customers to tokenize their assets and launch marketplaces with the help of its secure, scalable, and customizable digital asset platform facilitated by its white label exchange & asset tokenization technology.

7.  Jibrel 

Jibrel network

Jibrel is a startup blockchain development company based out of New York. Since its inception in the year 2017, the company has been offering specialized financial technology products for Tier 1 Banks, non-banking financial institutions, as well as governments, and regulators. The company, with its employee strength of 18, focuses on leveraging the latest innovations in smart contracts and distributed ledger technology to develop decentralized financial networks.

8.  OpenCrowd Inc.

Open crowd

OpenCrowd Inc. is another premium blockchain-based startup in New York crafting high-end digital products for clients making the best use of blockchain technology. The company has a small team of proficient experts who are capable of delivering top-notch solutions to clients.

9.  Horizen Labs 

Horizen

Another of the top ten blockchain-based startups to watch out for is Horizen Labs. The company takes pride in being a leading expert in building web 3.0. Horizen Labs aims to provide the most efficient pathway to build a highly secure as well as scalable blockchain. Founded in the year 2019, the company has earned a name in the blockchain industry, offering premium blockchain development services.

10.  Starlight

Starlight 

The final name in the top ten list of blockchain-based startups in New York is Starlight. The company plays a significant role in helping different companies belonging to different industries appropriately manage their digital or crypto assets. Starlight offers everything required by a business to operate in the crypto economy, starting from setting up crypto wallets to buying crypto and tracking expenses.

Read Also: Top 10 Startups that are Revolutionizing Healthcare Industry Using Blockchain Technology

Closing Thoughts

The emergence of blockchain technology has clearly increased the demand for blockchain-based services. However, it becomes immensely important to make the right choice in this regard to get the best of services and make the best use of blockchain technology in businesses. Therefore, it is recommended that business owners should carefully analyze the credibility of the blockchain development companies and service providers prior to selection. Referring to the above list of top 10 blockchain-based startups in New York can help make a well-informed choice.